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In fact, much of Hall's ability to produce outsized profits for Citi comes from the creative ways he had found to make money off the oil markets, doing things that would either be impossible for the average small trader or that most traders just won't think of. Earlier...
The answer to the first question, at least in Oxy's mind, appears to be yes. The answer to the later question is, once again, get to Wall Street.
Pot-of-gold paydays at financial firms are about to become a hot topic - again. In the next week or so, Kenneth Feinberg, the U.S. Treasury Department's special master of compensation who is scrutinizing pay packages at bailed-out banks, is expected to release a report on the 75...
China's Triumph I enjoyed reading your cover story on "China's Moment" [Sept. 28]. It's easy to conclude that, in China, free-market principles have proved once again their superiority by looking at the speed and scale of the country's development once liberalizing reforms were made. It...
We will leave it to another day to consider whether such an exercise would be a sensible way for a new Prime Minister with ambitious goals to spend his time. The bigger question is what Cameron thinks Britain gains from being such a pain to its European colleagues. One consequence...