Tuesday, July 01, 2014
Eric Schneiderman, New York's attorney general, is suing Barclays over "dark pools" and high speed trading that many say put regular investors at an unfair disadvantage. He also talks about some of his office's settlement with a fundraising organization that was scamming veterans, and other agenda items.
Wednesday, December 18, 2013
By Audrey Quinn
Every Monday night, a Manhattan Whole Foods fills with a unique breed of "buy-local" enthusiasts. They're not there for the Brooklyn-made pickles or the Westchester apples. They come because they want to buy and sell bitcoins.
Wednesday, June 05, 2013
In 1994, Turney Duff was a fresh-faced journalism graduate from Ohio University with no clear career plan. He moved to New York and called up a rich uncle who worked at Morgan Stanley. A few phone calls later, Duff had his first job in finance, in an asset-management division of Morgan Stanley. Over the next 15 years, Duff climbed the ranks of Wall Street, eventually acquiring a 7-figure salary as well as a cocaine addiction. He recalls his high flying days and downfall on Wall Street in a new memoir, “The Buy Side: A Wall Street Trader’s Tale of Spectacular Excess.”
Tuesday, May 28, 2013
Tudor Investment Corporation's Paul Tudor Jones found himself in the middle of a firestorm of his own making on Thursday when the Washington Post published a video of a speech he gave last month. During that speech, the hedge fund billionaire told the audience that there are not as many great women investors or traders as men, mainly because mothers cannot be good investors. But successful female traders disagree.
Tuesday, February 05, 2013
Picture the scrum of the stock exchange -- the flurry of buying and selling, the split-second decisions that make and break fortunes. Then take out all the humans and accelerate everything until you literally can't keep up. Jad visits the inhumanly fast world of modern-day, high-speed trading with NPR's
Putin faces a a growing Russian protest movement, Xi Jinping visits Washington, and emissions trading causes friction at the EU-China summit
Thursday, February 09, 2012
Friday, September 16, 2011
Over the past twenty-four hours, we’ve learned more about the rogue trader that lost the Swiss bank UBS $2 billion. It turns out that the trader, Kweku Adoboli, had the same job at UBS as Societe Generale's Jérôme Kerviel, whose fraudulent trading cost the bank €4.9 billion in 2008. How does this happen, and what is it that drives these traders to commit fraud?