Word: trader
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Dates: during 2000-2009
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...psychologist at the University of Georgia in Athens who studies decision-making, told Naturenews.com that the research has profound implications for neuroeconomics, the study of how biology influences markets, by showing that "not only does biology affect economic behavior - so does belief." But John Coates, a former Wall Street trader and researcher at Cambridge University, warns against extrapolating too much from the study. Coates' own measurements of testosterone levels in the saliva of male traders found a link between higher levels of the hormone and risky behavior. He says there is a "dose-response curve" for testosterone, which means that...
...Married Wall Street trader Steven Ehrenkranz, a childhood friend, in 2004. They divorced four months later, and Uchitel began a new career in Las Vegas as a nightclub hostess and VIP coordinator...
Joseph served as CEO of Drexel Burnham Lambert Inc. from 1985 until the firm’s collapse in 1990. Before scandal struck, Drexel profited in the 1980s from selling junk bonds, but then Michael R. Milken, a trader under Joseph’s supervision, was imprisoned for 22 months and fined $600 million for violating U.S. securities law, according to Bloomberg News. While Joseph faced no criminal charges, he was banned for a time from assuming another position as a Wall Street CEO, according to Portfolio.com’s “Worst American CEOs of All Time?...
...Even before the economic crisis, the French had made something of an antihero of Jérôme Kerviel, a young, rogue trader who lost $7.2 billion of the Société Générale bank's money in early 2008. He too had his moment in the Internet spotlight - there are still about 200 Kerviel fan groups on Facebook and websites selling T-shirts with phrases like "I am Jerome's girlfriend." These may see a surge in popularity now that Kerviel's fraud trial is set to resume next year in Paris after...
...piloting the U.S. economy into a mountainside, President Obama's response was unequivocal. "It is shameful," he said. Ten months later, even as he moved to curb bailed-out execs' pay, banks are on track to pay employees a record $140 billion this year. Andrew Hall, a star trader at Citi's commodities unit Phibro, made headlines for what could be a $100 million payout. "Frustrating," said White House chief of staff Rahm Emanuel with a sigh, appearing on CBS's Face the Nation...