Word: trader
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
NICK LEESON Rogue trader beats cancer, leaves jail. Plus, frozen assets mean no more gambling...
Billionaire commodities trader Marc Rich fled to Switzerland in 1983 after he was indicted for wire fraud, racketeering and trading with the enemy by allegedly buying oil from Iran. He now resides in a villa near Lucerne with a private harbor and a steel-gated boathouse...
...Chairman used to walk to his meetings virtually unnoticed, just another Washington bureaucrat. Last week there were a dozen cameras and reporters dogging his every step. If you followed these sometimes frightening prognosticators, you might have been turned from an investor to a trader, spooking out of high-quality stocks because you feared a Fed action that in another era wouldn't have meant a hill of beans to you. Some of these know-it-alls had you believing that the stock market was the Fed's enemy...
...contrary. Frankel was a washout as a money manager, twice failing his brokers exam. And as a trader with LaSalle Street Securities, a Chicago firm, he proved too timid for the job--a surgeon afraid of sharp instruments. "I used to call him in the morning and say, 'Marty, make the trade!'" recalls Ted Bitter, a former client of Frankel's. "I would call him back in the afternoon, and he wouldn't have done it." His own fund, the Frankel Fund, attracted a total of three investors and the attention of the Securities and Exchange Commission when Frankel revealed...
...give a hoot about The Phantom Menace, yet somewhere deep inside, you suspect it won't be a fulfilling summer without a shot of Ewan McGregor. Witness here, then, the Scotsman's fine turn as Nick Leeson, the British futures trader whose fast-and-loose market executions brought down his employer, Barings, the prominent English bank. The film takes a sympathetic view of Leeson, which is fine; the problem is, it never offers a sense of the man behind the mania. What does come through is that Leeson ate a lot of candy during crises. Cadbury wrappers shouldn...