Saturday, May 15, 2010
Waddell Trade Sparked FlashCrash, Gensler Says
Testimony from Commodity Futures Trading Commission chair Gary Gensler suggests that the mystery plunge that vaporized $1 trillion may have started with a Waddell & Reed Financial e-mini trade.
It was a hedging transaction. Guess the rest of the world took the other end after other bigger firms jumped on the selling bandwagon.
Source: Blogging Stocks
Wish List: 518 Foot Yacht Costs under $700,000
That's $700,000 per foot of course, which buys you a Pavel Shaposhnikov Residential Mega Yacht.
The yacht was designed to remind us of God, by the way.
Source: yachtbroker.com
Afraid to Trade Not Afraid of Sell off Graphs
They say a picture is worth a thousand words. When it comes to graphs, well, that depends on your point of view.
Source: Afraid to Trade
Tech Trader Daily: Blockbuster Says It Will Live
Blockbuster's CEO said in a regulatory filing that its operating environment is challenging. That's like being buried alive and saying your oxygen environment is challenging.
Source: Tech Trader Daily
How to Rent a Celebrity's Luxe Villa
You can rent villas that belong to the likes of Mick Jagger, Christine Brinkley, and Richard Branson--but it will cost you.
Source: Luxury Living
CPDO Blamed for FlashCrash, C-3PO Exonerated
Was CPDO trading behind the NYSE implosion? First you need to figure out what a CPDO is.
Source: Options Daily
The Fly on Wall Street: Zero Hedging Is for Zeroes
The canny trader, who says he has a time machine and knows how to use it, says "zero hedging" is for fish head munchers.
P.S. The end is near.
Source: iBankCoin
Naked Goldman Employees a Problem, Dealbreaker Says
Goldman Sachs employees enjoy many workplace perks, but some are disturbed by naked coworkers splayed out naked in the company steam room.
Source: Dealbreaker
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2010
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May
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- Waddell Trade Sparked FlashCrash, Gensler Says
- Wish List: 518 Foot Yacht Costs under $700,000
- Afraid to Trade Not Afraid of Sell off Graphs
- Hawaii's Slaughterhouse Point Offers the Finest
- Tech Trader Daily: Blockbuster Says It Will Live
- How to Rent a Celebrity's Luxe Villa
- CPDO Blamed for FlashCrash, C-3PO Exonerated
- The Fly on Wall Street: Zero Hedging Is for Zeroes
- Naked Goldman Employees a Problem, Dealbreaker Says
- Robb Report: Mercedes Electric Gull Wing on the Way
- Garden & Gun: Ed Bradley on Alleged Forger
- Drink a Scotch That's Older Than John Edwards--and...
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May
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