Clik here to view.
Resignations and dismissals shake up New York Forex market
Benjamin Lawsky, the superintendent of New York’s Department of Financial Services Could it be the worm that turned? The New York Department of Financial Services is probing irregularities and...
View ArticleClik here to view.
Eighth ex-SAC employee convicted of securities fraud
Source: NY Times Dealbook Mathew Martoma had been on his way to being another American success story. Today, he is the eighth person who once worked for the hedge fund titan Steven A. Cohen to be...
View ArticleClik here to view.
Crypto: Iceland to adopt crypto-currency, while hackers attack Bitcoin and NY...
In the face of economic ruin while tied to fiat currency, Iceland has opted to dole out crypto-currency to its citizens, in a bid to reinvigorate the economy. On March 25th 2014, Iceland will being to...
View ArticleClik here to view.
SAC’s Steinberg gets 3-1/2 years prison for insider trading
(Reuters) – Michael Steinberg, a portfolio manager at Steven A. Cohen’s SAC Capital Advisors hedge fund, was sentenced on Friday to 3-1/2 years in prison for insider trading. The sentence was imposed...
View Article