Desperately Seeking Sugar Daddies

"With Wall Street crashing, it's hard to be a gold digger these days.  So what are the lovely ladies accustomed to bottle service at Bijoux, $500 dinners at Bouley and $8,000 shopping sprees at Bergdorf to do...

Trader banned from selling '1mm too small' kiwi fruit

"A market trader has been banned from selling a batch of kiwi fruits because they failed to make the EU grade by just one millimetre, it was revealed today Tim Down, 53, was stunned to be told his wares did not...

Paper-clip trader back in action

Two years ago, Kyle MacDonald traded a small red paper clip for a fish-shaped pen, swaped the fish-shaped pen for a doornob, and kept on trading until he had a house in a small Saskatchewan town. He kept a ...

Perhaps 60 percent of today’s oil price is pure speculation

I think this article says it all. We are being reamed, and Enron does have the last laugh."Perhaps 60 percent of today’s oil price is pure speculationBy F. William EngdahlOnline Journal Contributing WriterMay 5, 2008, 00:19The price of crude oil today is not made according...

Street Traders Harassed by Police in Jo'burg

A recent survey shows that nearly all Johannesburg street traders interviewed had claimed to have been harassed by police.a spokesman for the metro police has denied these allegations."In a street-traders' survey...

Heavy Rains Continue in So. Cal

The water kept falling in Southern California over the weekend, as more thunderstorms raised concerns about possible mudslides and flooding. Experts say that today should provide a much-needed break,...

Rogue Trader: Risk Control Systems Scrutinized, Kerviel in Custody

Update: The numbers are in, and they're big. Meanwhile, Jerome Kerviel's lawyers are hitting back, claiming that their client is a scapegoat for Société Generale's own poor investments."The French financial...

'He's done nothing wrong': mother springs to the defence of rogue trader

"Jérôme Kerviel is finding it difficult to deal with his new-found fame. In the space of 24 hours, the Breton-born amateur yachtsman, judo expert and dog lover has become one of most talked-about Frenchmen in history."

Portrait Of The Fraudster As A Young Man

"LONDON - Not much is known about the alleged rogue trader at French bank Societe Generale, who has apparently left the firm after building up over $7.2 billion in losses over the past year. But if past precedent is anything to go by, his ego and his wallet were the two main...

Bank uncovers $7 billion fraud by single trader

"PARIS (AP) -- Societe Generale uncovered a $7.14 billion fraud -- one of history's biggest -- by a single futures trader who orchestrated a series of bogus transactions that spiraled out of control amid roiling markets this week, the French bank said Thursday. Executives...

The Secret of Continuing Success for Traders and Investors

Bill Gates knows it. So does Warren Buffet, Conrad Hilton, Andrew Carnegie and many others like them. The secret is charity – simple, from-the-heart, altruistic giving to the needy and the less fortunate. Google’s variant of ‘for-profit charity’ is something I do not...

Ex Slaps Wall Streeter With $100,000 "Sin Tax"

A hard-partying Wall Street trader who promised to give up strippers, drugs and prostitutes -- and gave his girlfriend at the time a $100,000 check to cash if he failed -- is suing his now-ex for calling his bluff...

Eater X: Burrito-Eating Machine

I'm trying to find a photo of Eater X: did he compete in a special mask that allowed for the rapid consumption of burritos?Ah- found one. It's face-paint: good call-- disguise one's true identity and still devour...

Oil Hits Record High!

Oil Settles Above $78, Setting Record Tuesday July 31, 8:34 pm ET By John Wilen, AP Business Writer Oil Settles at a Record High Above $78 a Barrel on Inventory Expectations NEW YORK (AP) -- Oil futures settled...

Larry Williams on the run (from the IRS) Down Under

In May 2006 Larry Williams was arrested in Sydney by federal police. Up until recently Williams was confined to the Sydney CBD awaiting possible extradition to the US on tax evasion charges. What does a futures trader and educator do when he’s got the US Internal Revenue...

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