On Tuesday, March 11th, 2008, somebody made one of the craziest bets Wall Street has ever seen. The mystery figure spent $1.7 million on a series of options, gambling that shares in the venerable investment bank Bear Stearns would lose more than half their value in nine days or less.
And it worked. In less than a week, the trader turned his money into over a quarter of a billion dollars. Funny thing is, no one knows who did it.
Some unimaginative types consider this to be a case of insider trading, but I prefer to think it proves the existence of time travel.
