Daily Archives: July 26, 2013

Some of the evidence alleged in SAC indictment

For those not sure how insider trading works, this clip offers a good overview. In this case it focuses on the trail that preceded a SAC trade in Dell shares. Here is a direct link to a video report. Also … Continue reading

Posted in Main Page | Comments Off

Brazilian billionaire offers teachable moment

The number of zeros involved in this story are extreme, but the human errors of over-concentration, hubris, failure to understand the mean reverting nature of cycles and a lack of risk management rules are actually very common and offer a … Continue reading

Posted in Main Page | Comments Off

Wall Street’s biggest layoffs ahead

Justice to reckless bankers this cycle has been a painfully slow process. The maniacal practices that they perpetrated on families, companies, cities, states and countries in the credit/securitization bubble caused lasting harm to real people and the global economy. The … Continue reading

Posted in Main Page | Comments Off