Fearing all markets could soon fall, El-Erian injected what he referred to as "Armageddon insurance" into HMC's portfolio for the first time by buying interest rate floors, or a wager that rates would fall, and betting, via credit default swaps, that companies could soon struggle to pay their debts.

FORBES: Magazine Article

But for all its promise of innovation, the A380 represents a bet-the-house wager on one of the most disliked same-old models of air travel: the hub-and-spoke.

FORBES: Magazine Article

But even as Congress illegalized online gambling act last year, virtual economies like Second Life have remained in a legal gray area, allowing players to wager game currency that is often traded for real-world money.

FORBES: Second Life Goes Legit