Word: trader
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...research, to be published Jan. 13 in Proceedings of the National Academy of Sciences, a U.S. journal, scientists measured 44 male traders' second-to-fourth-digit-length ratio, which is otherwise known as 2D:4D and is an indicator of the effects of prenatal testosterone. The longer a trader's fourth finger relative to his index finger, and therefore the lower the 2D:4D ratio, the greater his prenatal exposure to the hormone. All of those taking part in the study carried out the same type of trading over the 20-month period studied and had the same access...
...make better traders than women? Not exactly. Though it helped determine the male subjects' returns, the 2D:4D ratio accounts for only 20% of the difference in profit levels observed in the study, according to John Coates, a Wall Street trader turned Cambridge scientist and the study's lead author. "Which means there's 80% left unexplained. It's like height in tennis. It appears to give you some sort of advantage, but there's probably a dozen other things giving you an advantage, and if you were to focus just on [height], you'd be missing all sorts...
That the e-mail came just days after Wall Street trader Bernard L. Madoff had been accused of running a $50 billion Ponzi scheme—the largest in history by a single individual—made Flier and Kahn immediately suspect that something was amiss. The doctors were on their way to meeting to present the results of their diabetes research thus far to Picower, whose foundation supported the work...
...Ponzi and pyramid schemes didn't arrive for decades. (The two highly similar cons are often conflated, though in Ponzi schemes, a ringleader facilitates the entire enterprise; in a pyramid scheme, rungs of collaborators recruit new investors.) In the boom years of the 1980s and '90s, as traders developed increasingly sophisticated investment vehicles, the cons cropped up with increasing regularity. In 1985, a San Diego currency trader named David Dominelli was revealed to have fleeced more than 1,000 investors to the tune of $80 million. During the 1990s, a Florida church called Greater Ministries International bilked nearly...
...last year worth about $1.6 billion. Today tuna fleets use high-tech spotter planes buzzing over the Med during the summertime tuna-spawning season in search of shoals that have escaped the trappers. The industry's major players are massive multinational corporations like Mitsubishi, the world's biggest tuna trader - Japan imports the bulk of bluefin tuna caught in the Med. Some of the larger companies have created state-of-the-art tuna ranches in the Med's deep waters, where bluefin tuna swim into giant nets and are fattened over a period of months before being hauled out, processed...