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While the amount Hall would have gotten paid is unusual even for Wall Street, how he got paid is not. Hall had a pay package with Citigroup that guaranteed him a percentage of the profits of his group. Recruiter George Stein of Commodity Talent says it's normal for traders to get paid as a percentage of their division's profits. Most contracts guaranteed traders around 9% to 11% of their group's profits, before compensation. What's unusual about Hall is that he reportedly receives as much as 20% of his unit's profits, which sets...
...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...
...fell downstairs and smashed my ankle badly. I was a lousy patient. It was bad enough not being Taoiseach and now to be told that now I had to hang around with a cast and crutches. So I got a notebook and started working. (Read "Rogue Journalist: Joel Stein writes his memoirs Palin-style...
...very much gave a lot of thought to doing a sports-video blog instead. It was just about building personal brand equity, realizing that the platforms of getting to the consumer had changed, and wanting to be an early adopter of that opportunity. (Watch Gary Vaynerchuk and Joel Stein taste wines from 50 U.S. states...
Schell may be starting the next big trend in Stein Club themes. Now he needs to plan the recipe for the Pfoho signature brew...