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Uncontrolled Risk Taking, Not Bad Accounting, Did MF Global In

Business & Finance : Accounting Watchdog

John Corzine got the chief executive job at in early 2010 for one reason: Chris Flowers bailed the firm out in 2008 after a wheat trader’s shenanigans cost it $140 million. Flowers was growing impatient with constant losses and Corz...

Stocks End Day Nearly Unchanged

Business & Finance : Business from Newser

Stocks ended nearly unchanged after a quiet session as traders weighed mixed corporate earnings and waited for the government's monthly jobs report, due out Friday. A strong jobs report would be good news for the economy, but it cou...

Predictions of the Gold-Silver Ratio

Business & Finance : Business Insider: Money Game

Today, traders are celebrating that the U.S. economy added the most jobs in nearly a year. Or so they’re led to believe. Let’s examine the payroll data first: The economy supposedly added 244,000 jobs in April. The private sector ad...

Ex-Lehman Trader's Fund Set to Double Assets

Business & Finance : DealBook

The OGI Global Macro Fund, run by former Lehman Brothers Holdings proprietary trader Allan Bedwick, is set to double assets to about $100 million this month after outperforming hedge-fund peers globally, Bloomberg News reported.

France lost 100,000 jobs in 2012

Business & Finance : Business Report

France lost nearly 100,000 private sector jobs in 2012 as the country struggled with a stagnant economy and chronic unemployment. ||| Paris - France lost nearly 100,000 private sector jobs in 2012 as the country struggled with a sta...

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