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How do options issued by a company to its employees fit into this conclusion? Or, options issued as consideration in acquisitions?

We agree the value of the corn contract was $50k at the time it was created. We also agree the value was $60k at the time of physical delivery. The person taking physical delivery paid the corn farmer $50k. Within the futures market, there must be an offset of $50k for it to be a zero-sum...

Within the context of those definitions, can we explain how the corn farmer lost? If we decide he lost because of forgone profits, then everyone who sells a rising stock also loses, which would lead us to believe the equity market is also a zero-sum game. A broader definition of "zero-sum...

No, he did not. For example, he may have agreed to sell his corn for $50k, and entered a contract to delivery his corn at a future date for that amount (a futures contract). At the agreed upon delivery date, he made physical delivery to the contract holder and received his $50k. If he had...

In aPismoClam's example, how did the farmer lose?

By definition, the futures market is a non-zero sum game. To conclude otherwise is to believe all participants have similar goals for that market. They do not, as shown by aPismoClam in his example.

Using generally-recognized definitions, it is difficult to conclude that equity markets are zero-sum games. http://en.wikipedia.org/wiki/Zero-sum

Excellent post, Murray.

If this statement is true, then what is the problem?

The referenced article says unemployment among engineers was 2.5 percent in 2004. That statistic does not indicate a surplus.

The Economist is a British publication.

An article that paints a different picture: http://www.economist.com/business/displaystory.cfm?story_id=5519033

My wife works for a local CPA firm. They have several partnership clients who use Quickbooks, which works fine for their accounting needs.

It's probably safe to believe "advance notice" would be similar in nature and extent to that given for Enron.

Correct. The best place to find quarterly and annual reports is www.sec.gov.

New rules are currently being phased-in. In the past, Form 10-K (annual report) was due 90 days after fiscal year-end; Form 10-Q (quarterly report) was due 45 days after fiscal quarter-end. When the new rules become fully-effective, the deadlines will vary by company: -- Large...

http://en.wikipedia.org/wiki/Prostitution_in_Nevada

Correct.

This link is for an article that is two years old, yet it is probably still relevant: http://webreprints.djreprints.com/1010850475994.html

Why is the commission 6%? Has it varied over time? Does it vary by transaction or by region?