Under the Buttonwood Tree Just as the newspaper doesn't own the goods or provide the services it advertises, a stock exchange doesn't own the stocks and bonds it lists. Public corporations choose to list their stocks and bonds with an exchange for the same reason you might choose to take out a clas...

"The experience with Internet stocks since the start of 1998 isanother illustration of a speculative bubble (i.e., a situation in whichhigh prices are sustained largely by investors enthusiasm rather than byconsistent estimation of real value). By the end of March 2000, the CBOE(Chicago Board ...