Word: traders
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...horrible thing that this is where our energies need to be pulled," says Cheri Sparacio, 37, the widow of Thomas Sparacio, a currency trader at Euro Brokers who died in Tower 2. In their modest house in Staten Island, littered with the toys of her twin two-year-olds, she explains why she sees the estimated $138,000 she would get from the fund as a cheap bribe. "The government is not taking any responsibility for what it's done. This was just one screw-up after another." She is also worried about her financial stability; in less than...
...cheap hotels and guest houses outside Kuala Lumpur, in the beach resort of Port Dickson and in the cities of Melaka and Johore Baru across the strait from Singapore. "These groups use the Internet to set up the venue and date for their meetings," says Mat, the arms trader. "The messages are sent in encrypted codes. For example, MILF might want 3,000 M-16s and the al-Qaeda member will agree to pay for the weapons...
...hands meeting to reassure workers about the future. The affable Lay told everyone that if operating earnings were on target, as it appeared they would be, bonuses would be paid. The questions that followed veered toward the trivial--the Christmas party, parking privileges--until one persistent energy trader started drilling for details about Enron's myriad, murky off-the-books enterprises...
...trader, Jim Schwieger, challenged Lay. Why, he asked, was chief financial officer Andrew Fastow sharing the stage--and gainfully employed--considering that he had just blown half a billion dollars mismanaging several Enron partnerships and earned $30 million doing it? Lay put his arm around Fastow and proclaimed his "unequivocal trust" in the CFO. The partnership accounting was complex stuff, Lay explained, but Fastow was on top of it--or he'd be in big trouble. A day after that buddy-buddy display, Fastow was history...
...horrible thing that this is where our energies need to be pulled," says Cheri Sparacio, 37, the widow of Thomas Sparacio, a currency trader at Euro Brokers who died in Tower 2. In their modest house in Staten Island, littered with the toys of her twin two-year-olds, she explains why she sees the estimated $138,000 she would get from the fund as a cheap bribe. "The government is not taking any responsibility for what it's done. This was just one screw-up after another." She is also worried about her financial stability; in less than...