Inside Wall Street’s $8 Billion VIX Time Bomb

, , , , , , , , , ,

It was the hot swap on Wall st., a seemingly sure thing that lulled everyone from hedge fund management to small-time investors. Now newfangled investments linked to volatility in the stock market — until only a few years ago, obscure niche commodities — have explosion in spectacular pattern. The shock wave have only just begun. […]