The derivative market, like the insurance industry, does involve gambling. The sizes of the bets in the financial markets however are vastly greater than in the gambling industry. Salomon Brothers had in the recent past derivative contracts for more than $600 billion in securities.
Gloria Stewart, actor James Stewart's wife, who was prominent in animal support groups and other community activities, has died. She was 75. Mrs. Stewart died Wednesday of lung cancer at her Beverly Hills home. Stewart, to whom she was married for 44 years, their twin daughters and her son from a previous marriage were with her at the time of her death. Gloria Stewart was one of our dearest friends for more than 40 years, former President Ronald Reagan said in a statement. She was a very special woman with a wonderful sense of humor and not an ounce of self-pity..
ALEXANDER4 WARD (DAVID SR3, WILLIAM SR2, JAMES SR1) was born December 11, 1790 in Tazewell Virginia, and died February 13, 1864 in Tazewell Virginia. He married JANE C THOMPSON June 19, 1817 in Tazewell Virginia, daughter of ARCHIBALD THOMPSON and REBECCA PERRY.773 in Augusta Virginia, daughter of THOMAS STEVENSON and POLLY UNKNOWN. She was born 1754 in Virginia, and died Unknown in Jessamine Kentucky. More About JAMES SR WARD: Burial: Aft. 1800 More About JAMES WARD and MARGARET STEVENSON: Marriage: Abt.