From Forbes….good work if you can get it. I have snipped out the top ten from here –Details
People may have outrage fatigue about Wall Street, and more stories about billionaire greedheads getting away with more stealing often cease to amaze. But the HSBC case went miles beyond the usual paper-pushing, keypad-punching sort-of crime, committed by geeks in ties, normally associated with Wall Street. In this case, the bank literally got away with…Details
With the market showing some signs of life and stockbrokers clambering out of their hibernation to tout how brilliant things are I thought it might be time for a cautionary cartoon for those seeking the counsel of others.
Cohen is the founder of SAC Capital Advisors a hedge fund that manages about $14 billion. Cohen is considered to be a very canny and aggressive trader who seems to trade a multitude of time frames. Lately however, his firm has come under scrutiny from the SEC regarding possible insider trading. As with all things…Details
The Observer‘s panel of stock-picking professionals has been undone in our 2012 investment challenge by a ginger feline called Orlando who spent time paw-ing over the FT. The Observer portfolio challenge pitted professionals Justin Urquhart Stewart of wealth managers Seven Investment Management, Paul Kavanagh of stockbrokers Killick & Co, and Schroders fund manager Andy Brough against students from…Details
Rolling Stone…..Even worse was the incredible episode in which bailout recipient AIG paid more than $1 million each to 73 employees of AIG Financial Products, the tiny unit widely blamed for having destroyed the insurance giant (and perhaps even triggered the whole crisis) with its reckless issuance of nearly half a trillion dollars in toxic…Details
Somebody read this and tell me what the hell I am supposed to do with it