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When the price of oil recovered Hall made as much as $40 million on that one trade alone. Hall has also reportedly been buying gold this year. Another good move. Inflation fears recently pushed gold above $1,000 an ounce. "Most commodity traders would love to have Hall's ability to call the large trends," says Stein. "He had a long-term view of the market and he was right...
...year-end pay. Bonuses at Goldman Sachs, for instance, are on track to average over $650,000 per employee. Many people will get paid much more. Johnson says if Hall had stayed at Citigroup he might have been the only person at a top bank to receive a $100 million payday this year. But plenty of other folks will come close. He estimates that about 100 investment bankers and traders will receive a bonus of $10 million or more...
That site includes a link to ActBlue, a Democratic group supporting Joe Wilson opponent Rob Miller (Miller and Wilson raised more than $1 million each in contributions in the days after the outburst). However, most single-serving sites are not designed with money in mind. Brooklyn, N.Y., artist Damon Zucconi launched SometimesRedSometimesBlue.com in 2007 as a "poetic gesture." The site summons a screen filled with color that drew Zucconi for its beauty and simplicity. The 23-year-old has been creating websites since 2006; he's now up to 18. "It's a nice way to make a piece...
...planet is in the middle of an extinction crisis, the sixth great wave in its history. But unlike major extinction events of the past - like the Permian-Triassic event 250 million years ago, in which 70% of all terrestrial species were wiped out, probably because of an asteroid impact or a similar natural disaster - this time human beings are the cause. Hard numbers are difficult to find, but many scientists believe Earth's species are going extinct at a rate that is up to 1,000 times higher than before human beings came on the scene. (See how animals...
...Manila. Just hours before Sumatra was jolted, another earthquake triggered a tsunami that inundated the Samoan islands and Tonga, extinguishing some 180 lives. In the latest catastrophe, southern India was ravaged by some of the worst torrential rains in decades, killing around 300 people and leaving some 2 million others homeless. (See pictures of tsunami striking South Pacific...