rogue trader

Stocks fall on economic worries

MSN Money Latest Articles  Thu, 02/28/2008 - 14:55

A report shows a dramatic weakening of economy in the fourth quarter. Fed Chairman Bernanke testifies before a Senate committee.

Sears' profit slumps on weak sales. A rogue trader hits MF Global.


 

Economic data show slowdown

MSN Money Latest Articles  Thu, 02/28/2008 - 13:05

A report shows a dramatic weakening of economy in the fourth quarter. Fed Chairman Ben Bernanke testifies before a Senate committee.

Sears' profit slumps on weak sales. A rogue trader hits MF Global.


 

Did Soc Gen know about bad trading?

Marketplace  Thu, 02/21/2008 - 14:09

Societe Generale reported that Jerome Kerviel, the rogue trader, cost the company around $5 billion. Though the company claims he did the trading on his own, an internal report has revealed he received big bonuses in his last year.

Stephen Beard reports.


 

Recession? Where to put your money now

Economic news - CNNMoney.com  Wed, 02/06/2008 - 02:39

Here we go again. Day after day, Americans are being bombarded by a relentless drumbeat of unsettling economic news.

The Dow regularly swings by hundreds of points in a single session as it gyrates near bear-market territory.

Oil prices keep bubbling toward $100 a barrel. The dollar is crumbling, and a rogue trader in Paris is blamed for triggering a synchronized selloff heard round the world.

We're constantly warned that an ugly recession is looming, if not already here. It's all enough to cause a panic attack.