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The proctors just offered me a position as a time-limit enforcer. I'm thinking about taking the job: if you mess with the buffalo, you'll get the horns...LITERALLY.

Excessive Trading

Excessive Trading

After lunch, the teacher stood in front of the chalkboard. She held a piece of chalk in one hand and a thin black whip in the other. She looked dangerous, but for once she didn't have a cigarette dangling from her lips.

"Anything labeled excessive probably isn't a good idea, but there's always at least one bonehead out there who thinks he can game the system. Excessive trading, or churning, as it's affectionately known, is excessive trading for economic gain, such as increased...

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