Archive for the ‘trading book’ Category
Ex-Credit Suisse CDO Chief Surprised Charges, His Lawyer Says
Author: admin6 Feb
Ex-Credit Suisse CDO Chief Surprised Charges, His Lawyer Says
Feb. 3 (Bloomberg) — Kareem Serageldin, the ex-global head of Credit Suisse Group AG’s CDO business charged in a bonus- boosting fraud tied to a $5.35 billion trading book, was surprised by the U.S. indictment since he has been cooperating
Source: www.businessweek.com
Ex-Credit Suisse CDO Chief Charged in Scheme to Boost Bonuses
Higgs and Siddiqui said during their guilty pleas that Serageldin told them to overstate the value of mortgage-backed assets in a Credit Suisse trading book known as ABN1 after the collapse of the U.S. housing market. Both said they did so to
Source: www.businessweek.com
Private trading suggests Facebook is worth $94 billion
That’s a jump from where shares had been trading. Just two weeks ago When that happens, the option holder pays tax on the proceeds, while the option issuer books a compensation expense. That expense translates into a deduction from corporate taxes
Source: www.nypost.com
Share prices signal optimism for US banks - Financial Times
Author: admin5 Feb
Share prices signal optimism for US banks - Financial Times
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Share prices signal optimism for US banks
Financial Times The S&P financials sector in the US has begun trading above the book value of its assets for the first time since July in a sign of a turn in investor sentiment towards banks. Historically, if bank shares have traded below one times their book value, … |
Source: news.google.com
Ex-Credit Suisse traders admit cooking subprime books - Reuters
 Globe and Mail |
Ex-Credit Suisse traders admit cooking subprime books
Reuters Higgs told a federal judge that while he was a managing director in the investment banking division of Credit Suisse in London in 2007 and 2008, he and others manipulated and inflated the cash bond position markings of a trading book, called ABN1, … Credit Suisse Worker Surrenders to FBI as Prosecutors Said to Plan Charges Ex-Credit Suisse CDO Chief Surprised Charges, His Lawyer Says US says Credit Suisse traders falsified subprime books |
Source: news.google.com
Morgan Stanley Getting Vegemite for New Wall Street’s 15% Bogey - BusinessWeek
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Morgan Stanley Getting Vegemite for New Wall Street's 15% Bogey
BusinessWeek The stock traded below the firm's book value for more than 400 straight days from May 2010 to mid-January. Gorman elicited cheers when he told a gathering of former managing directors in November that the company is doing much better than its stock. |
Source: news.google.com
Indian traders in China to begin legal battle to clear their names - The Hindu
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Indian traders in China to begin legal battle to clear their names
The Hindu The two Indian traders who were held hostage in the city of Yiwu for two weeks in December and now stand accused of owing 10 million RMB ($1.58 million) will on Monday begin a legal battle to clear their names and bring to book Chinese businessmen … |
Source: news.google.com
Congressional Insider Trading Bill Moves Forward in the Senate
Author: admin5 Feb
Congressional Insider Trading Bill Moves Forward in the Senate
WASHINGTON — The Stop Trading on Congressional Knowledge Act They hope that a law like this on the books would at least in part help to clean up their tattered image. “It is a violation of trust that our constituents place in us, a violation
Source: abcnews.go.com
‘Stock market trading is like shopping’
Charmel Delos Santos has written a book “High Heeled Traders: Understand Trading with Shopping, Fashion and Shoes,” which gives women a step-by-step guide to trading while balancing duties as a mother and wife. “The financial world is dominated by men
Source: www.abs-cbnnews.com
15 Stocks Trading Near Highs Undervalued By The Graham Number
Market cap of $600.43M. The stock is currently trading at 4.63% below its 52-week high. TTM Diluted EPS at $0.91, MRQ Book Value Per Share at $16.70, Graham number at $18.49 (vs. current price at $13.30, implies a potential upside of 39.03%).
Source: seekingalpha.com
Ex-Credit Suisse CDO Chief Charged in Scheme to Boost Bonuses
Higgs and Siddiqui said during their guilty pleas that Serageldin told them to overstate the value of mortgage-backed assets in a Credit Suisse trading book known as ABN1 after the collapse of the U.S. housing market. Both said they did so to
Source: www.businessweek.com
Financing a Rare Book on Endangered Species
Almost as great a task, however, has been trying to sell his project, “Trading in Extinction,” to book publishers on four continents. Many turned him down because of what they perceived as unpalatable subject matter. Others just demanded he
Source: lens.blogs.nytimes.com
Goldman Sachs Among Banks Fighting to Exempt Half of Swaps Books
Jan. 30 (Bloomberg) — More than half of the derivatives- trading business of Goldman Sachs Group Inc., Morgan Stanley and three other large banks could fall largely outside the Dodd- Frank Act if they succeed in lobbying regulators to exempt
Source: www.businessweek.com
Trading The MACD Divergence
This, however, is typically not considered a good strategy. Many trading books have derisively dubbed such a technique as “adding to your losers.” However, in this case the trader has a logical reason for doing so - the MACD histogram has shown
Source: finance.yahoo.com
Senate Passes Ban on Insider Trading - ABC News (blog)
Author: admin4 Feb
Senate Passes Ban on Insider Trading - ABC News (blog)
 Salon |
Senate Passes Ban on Insider Trading
ABC News (blog) The only reason congress is passing this bill is because a guy came out with a book “Throw the Bums Out” and it shows just who's making money off inside trading in the government. The book shows Al Gore made over 34m on one transaction. Which Three Senators Voted Against Banning Insider Trading in Congress and Why? STOCK Act Passes Through Senate Editorial: Race on STOCK Act gets curiouser and curiouser |
Source: news.google.com
US HOT STOCKS: Eli Lilly Active In Late Trading - Wall Street Journal
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US HOT STOCKS: Eli Lilly Active In Late Trading
Wall Street Journal Investors believe the insurer may soon be able to launch a buyback to repurchase shares that trade at less than 30% of book value. Gilead Sciences Inc.'s (GILD, $54.70, +$5.39, +10.92%) fourth-quarter earnings rose 5.7% as the biopharmaceutical … |
Source: news.google.com
Book tells tales of southern Illinois - Carmi Times
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Book tells tales of southern Illinois
Carmi Times Homesteading a 640-acre tract of land in Spring Garden Township, a part of southern Illinois known as Little Egypt, Nancy Jane ran a trading post and raised a family. Born on Christmas Day in 1802 in North Carolina and dying on Christmas Day 1889 in … |
Source: news.google.com
Ex-Credit Suisse traders admit cooking subprime books - Reuters
Globe and Mail |
Ex-Credit Suisse traders admit cooking subprime books
Reuters Higgs told a federal judge that while he was a managing director in the investment banking division of Credit Suisse in London in 2007 and 2008, he and others manipulated and inflated the cash bond position markings of a trading book, called ABN1, … Ex-Credit Suisse CDO Chief Surprised Charges, His Lawyer Says US says Credit Suisse traders falsified subprime books Former Credit Suisse trader admits falsifying subprime books |
Source: news.google.com
Book profits on long positions on or before Budget - Business Standard
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Book profits on long positions on or before Budget
Business Standard Strictly in value terms too, a market trading at a current PE of 19 doesn't seem justifiable from the point of view of earnings growth. Earnings Per Share (EPS) growth in the past four quarters has been barely 10 per cent. We'd need to see a doubling … |
Source: news.google.com
Dealbreaker’s Senior Bookmaker Has A Few Things He’d Like To Get Off His Chest - DealBreaker
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Dealbreaker's Senior Bookmaker Has A Few Things He'd Like To Get Off His Chest
DealBreaker By Anonymous Sports Book Manager Anonymous Sports Book Manager left academia to run a trading department at one of the world's largest offshore bookmaking outfits. He now works onshore with his cellphone, pencil, rice paper, and a bucket of water. |
Source: news.google.com
Indian traders in China to begin legal battle to clear their names - The Hindu
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Indian traders in China to begin legal battle to clear their names
The Hindu The two Indian traders who were held hostage in the city of Yiwu for two weeks in December and now stand accused of owing 10 million RMB ($1.58 million) will on Monday begin a legal battle to clear their names and bring to book Chinese businessmen … |
Source: news.google.com
Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News - BusinessWeek
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Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News
BusinessWeek 3 (Bloomberg) — Kareem Serageldin, the ex-global head of Credit Suisse Group AG's CDO business charged in a bonus- boosting fraud tied to a $5.35 billion trading book, was surprised by the US indictment since he has been cooperating with investigators … |
Source: news.google.com
Commentary: Face(book) the Music - Wired News
Author: admin4 Feb
Commentary: Face(book) the Music - Wired News
 Wired News |
Commentary: Face(book) the Music
Wired News We are a ways off from the first hours of trading Facebook stock, a giddy period driven more by hysteria and must-execute fund purchases than facts. And we're probably years from being able to say with any certainty whether this valuation was fair. Positive employment data lift US stocks |
Source: news.google.com
Dealbreaker’s Senior Bookmaker Has A Few Things He’d Like To Get Off His Chest - DealBreaker
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Dealbreaker's Senior Bookmaker Has A Few Things He'd Like To Get Off His Chest
DealBreaker By Anonymous Sports Book Manager Anonymous Sports Book Manager left academia to run a trading department at one of the world's largest offshore bookmaking outfits. He now works onshore with his cellphone, pencil, rice paper, and a bucket of water. |
Source: news.google.com
US HOT STOCKS: Eli Lilly Active In Late Trading - Wall Street Journal
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US HOT STOCKS: Eli Lilly Active In Late Trading
Wall Street Journal Investors believe the insurer may soon be able to launch a buyback to repurchase shares that trade at less than 30% of book value. Gilead Sciences Inc.'s (GILD, $54.70, +$5.39, +10.92%) fourth-quarter earnings rose 5.7% as the biopharmaceutical … |
Source: news.google.com
Which Three Senators Voted Against Banning Insider Trading in Congress and Why? - Big Government
Salon |
Which Three Senators Voted Against Banning Insider Trading in Congress and Why?
Big Government Coburn said his opposition to banning members of Congress from engaging in the kinds of insider trading revealed in Breitbart editor Peter Schweizer's New York Times bestselling book, Throw Them All Out, and the much-discussed 60 Minutes investigation … Senate Passes Ban on Insider Trading STOCK Act Passes Through Senate Editorial: Race on STOCK Act gets curiouser and curiouser |
Source: news.google.com
Book tells tales of southern Illinois - Carmi Times
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Book tells tales of southern Illinois
Carmi Times Homesteading a 640-acre tract of land in Spring Garden Township, a part of southern Illinois known as Little Egypt, Nancy Jane ran a trading post and raised a family. Born on Christmas Day in 1802 in North Carolina and dying on Christmas Day 1889 in … |
Source: news.google.com
Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News - BusinessWeek
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Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News
BusinessWeek 3 (Bloomberg) — Kareem Serageldin, the ex-global head of Credit Suisse Group AG's CDO business charged in a bonus- boosting fraud tied to a $5.35 billion trading book, was surprised by the US indictment since he has been cooperating with investigators … |
Source: news.google.com
Panasonic expects to book record ¥780 billion net loss - The Japan Times
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Panasonic expects to book record ¥780 billion net loss
The Japan Times The world's largest maker of plasma TVs has joined Sony Corp. and Sharp Corp. in increasing loss forecasts as manufacturers struggle to cope with the yen trading near postwar high levels, damping the repatriated value of their overseas sales. |
Source: news.google.com
Sen. Scott Brown Learns About Bees; Talks Ayla’s Band & Insider Trading Bill - Patch.com
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Sen. Scott Brown Learns About Bees; Talks Ayla's Band & Insider Trading Bill
Patch.com US Senator Scott Brown read a book to kids at the Beethoven, stopped off at the Holy Name, Century 21, and Roche Bros. By David Ertischek US Senator Scott Brown shows off his Tom Brady jersey. Brown kept on asking people who they were rooting for in … |
Source: news.google.com
Credit Suisse Worker Surrenders to FBI as Prosecutors Said to Plan Charges - Bloomberg
 Bloomberg |
Credit Suisse Worker Surrenders to FBI as Prosecutors Said to Plan Charges
Bloomberg Higgs and Siddiqui said during their guilty pleas that Serageldin told them to overstate the value of mortgage-backed assets in a Credit Suisse trading book known as ABN1 after the collapse of the US housing market. Both said they did so to enhance … Ex-Credit Suisse Traders Plead Guilty to CDO Bonus-Scheme UK trader pleads guilty over to hiding subprime losses US goes after three ex-Credit Suisse bankers |
Source: news.google.com
Panasonic expects to book record ¥780 billion net loss - The Japan Times
Author: admin4 Feb
Panasonic expects to book record ¥780 billion net loss - The Japan Times
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Panasonic expects to book record ¥780 billion net loss
The Japan Times The world's largest maker of plasma TVs has joined Sony Corp. and Sharp Corp. in increasing loss forecasts as manufacturers struggle to cope with the yen trading near postwar high levels, damping the repatriated value of their overseas sales. |
Source: news.google.com
Sen. Scott Brown Learns About Bees; Talks Ayla’s Band & Insider Trading Bill - Patch.com
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Sen. Scott Brown Learns About Bees; Talks Ayla's Band & Insider Trading Bill
Patch.com US Senator Scott Brown read a book to kids at the Beethoven, stopped off at the Holy Name, Century 21, and Roche Bros. By David Ertischek US Senator Scott Brown shows off his Tom Brady jersey. Brown kept on asking people who they were rooting for in … |
Source: news.google.com
Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News - BusinessWeek
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Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News
BusinessWeek 3 (Bloomberg) — Kareem Serageldin, the ex-global head of Credit Suisse Group AG's CDO business charged in a bonus- boosting fraud tied to a $5.35 billion trading book, was surprised by the US indictment since he has been cooperating with investigators … |
Source: news.google.com
US HOT STOCKS: Eli Lilly Active In Late Trading - Wall Street Journal
|
US HOT STOCKS: Eli Lilly Active In Late Trading
Wall Street Journal Investors believe the insurer may soon be able to launch a buyback to repurchase shares that trade at less than 30% of book value. Gilead Sciences Inc.'s (GILD, $54.70, +$5.39, +10.92%) fourth-quarter earnings rose 5.7% as the biopharmaceutical … |
Source: news.google.com
4 Stocks Trading Under Book Value, And Why ArcelorMittal Tops The List - Seeking Alpha
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4 Stocks Trading Under Book Value, And Why ArcelorMittal Tops The List
Seeking Alpha What follows is a list of companies that are trading under book value. They cover a variety of different industries: Aluminium, steel & iron, technology, and regional banking. Of the four, ArcelorMittal is viewed most preferably on the Street with a … |
Source: news.google.com
Commentary: Face(book) the Music - Wired News
Wired News |
Commentary: Face(book) the Music
Wired News We are a ways off from the first hours of trading Facebook stock, a giddy period driven more by hysteria and must-execute fund purchases than facts. And we're probably years from being able to say with any certainty whether this valuation was fair. |
Source: news.google.com
Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News - BusinessWeek
Author: admin3 Feb
Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News - BusinessWeek
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Credit Suisse, JPMorgan, Barclays, Wal-Mart in Court News
BusinessWeek 3 (Bloomberg) — Kareem Serageldin, the ex-global head of Credit Suisse Group AG's CDO business charged in a bonus- boosting fraud tied to a $5.35 billion trading book, was surprised by the US indictment since he has been cooperating with investigators … |
Source: news.google.com
Panasonic expects to book record ¥780 billion net loss - The Japan Times
|
Panasonic expects to book record ¥780 billion net loss
The Japan Times The world's largest maker of plasma TVs has joined Sony Corp. and Sharp Corp. in increasing loss forecasts as manufacturers struggle to cope with the yen trading near postwar high levels, damping the repatriated value of their overseas sales. |
Source: news.google.com
US HOT STOCKS: Eli Lilly Active In Late Trading - Wall Street Journal
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US HOT STOCKS: Eli Lilly Active In Late Trading
Wall Street Journal Investors believe the insurer may soon be able to launch a buyback to repurchase shares that trade at less than 30% of book value. Gilead Sciences Inc.'s (GILD, $54.70, +$5.39, +10.92%) fourth-quarter earnings rose 5.7% as the biopharmaceutical … |
Source: news.google.com
Commentary: Face(book) the Music - Wired News
Wired News |
Commentary: Face(book) the Music
Wired News We are a ways off from the first hours of trading Facebook stock, a giddy period driven more by hysteria and must-execute fund purchases than facts. And we're probably years from being able to say with any certainty whether this valuation was fair. Filing turns Facebook into an open book An Open Book: Facebook Delivers an IPO Surprise Facebook IPO: Should You Invest In It? |
Source: news.google.com
US says Credit Suisse traders falsified subprime books - Reuters UK
Globe and Mail |
US says Credit Suisse traders falsified subprime books
Reuters UK By Grant McCool | NEW YORK (Reuters) - Several former Credit Suisse traders manipulated the books on mortgage-backed securities when the US real estate market slumped in 2007 and 2008, a former London-based trader at the investment bank admitted in … Ex-Credit Suisse Traders Plead Guilty to CDO Bonus-Scheme UK trader pleads guilty over to hiding subprime losses Credit Suisse, Standard, BAA, Glaxo, AIG, Apple in Court News |
Source: news.google.com
Sen. Scott Brown Learns About Bees; Talks Ayla’s Band & Insider Trading Bill - Patch.com
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Sen. Scott Brown Learns About Bees; Talks Ayla's Band & Insider Trading Bill
Patch.com US Senator Scott Brown read a book to kids at the Beethoven, stopped off at the Holy Name, Century 21, and Roche Bros. By David Ertischek US Senator Scott Brown shows off his Tom Brady jersey. Brown kept on asking people who they were rooting for in … |
Source: news.google.com
Ex-Credit Suisse Global CDO Chief Charged and Two Plead Guilty
Author: admin2 Feb
Ex-Credit Suisse Global CDO Chief Charged and Two Plead Guilty
“Bonus awards, as Serageldin well knew, were closely tied to the performance of the trading book,” prosecutors said. He earned $7.27 million in salary and other compensation in 2007, the U.S. said. After the bank learned of the
Source: www.businessweek.com
15 Stocks Trading Near Highs Undervalued By The Graham Number
Market cap of $600.43M. The stock is currently trading at 4.63% below its 52-week high. TTM Diluted EPS at $0.91, MRQ Book Value Per Share at $16.70, Graham number at $18.49 (vs. current price at $13.30, implies a potential upside of 39.03%).
Source: seekingalpha.com
What’s your trading mistake? Overtrading, overconfidence or impatience?
The book, which was first published in 1917, covers some studies he did on the trading behavior of accounts at the time. What he found was timeless. The language is charmingly stuck in the World War I era. “At the fag-end of the never-to-be
Source: www.commodityonline.com
Financing a Rare Book on Endangered Species
Almost as great a task, however, has been trying to sell his project, “Trading in Extinction,” to book publishers on four continents. Many turned him down because of what they perceived as unpalatable subject matter. Others just demanded he
Source: lens.blogs.nytimes.com
Book Trading
Ever had those piles of books, just stacked around the house, gathering dust? They are the books that will never be read again yet parting with them seems wrong. Well, what if those old books could be turned into credit for new books? This is the whole
Source: www.examiner.com
Trading The MACD Divergence
This, however, is typically not considered a good strategy. Many trading books have derisively dubbed such a technique as “adding to your losers.” However, in this case the trader has a logical reason for doing so - the MACD histogram has shown
Source: finance.yahoo.com
Hedge Fund’s Frankenstein Algorithm Stalks Robert Harris Thriller: Books - Bloomberg
Author: admin1 Feb
Hedge Fund’s Frankenstein Algorithm Stalks Robert Harris Thriller: Books - Bloomberg
 Bloomberg |
Hedge Fund's Frankenstein Algorithm Stalks Robert Harris Thriller: Books
Bloomberg Instead of a lumbering giant, the monster is a computer algorithm that makes a killing on the stock market by sensing fear and trading on this information. Our flawed hero is a quant named Alex Hoffmann, a brilliant American physicist who moved to … |
Source: news.google.com
Book World: In ‘Bond Girl’ by Erin Duffy, a woman takes on high finance - Washington Post
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Book World: In 'Bond Girl' by Erin Duffy, a woman takes on high finance
Washington Post While you may pick up some financial literacy along the way — you don't often find the Federal Open Market Committee referred to in a book with a red-soled stiletto on its cover — you're more likely to learn workplace details: Trading floors are kept … |
Source: news.google.com
API Technologies dips 0.3% on weak volume - Military & Aerospace Electronics
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API Technologies dips 0.3% on weak volume
Military & Aerospace Electronics Aggregate volume: there were 41771 shares worth US$148539 traded. The Total NASDAQ Market of 2384 stocks traded today, which was up 1.0 points or 0.1% to 1690. -"A stock price down to at least two-thirds of tangible book value per share"; … IPG Photonics [United States] rises in strong trading with rising open … |
Source: news.google.com
Goldman Sachs Among Banks Fighting to Exempt Half of Swaps Books
Author: admin31 Jan
Goldman Sachs Among Banks Fighting to Exempt Half of Swaps Books
Jan. 30 (Bloomberg) — More than half of the derivatives- trading business of Goldman Sachs Group Inc., Morgan Stanley and three other large banks could fall largely outside the Dodd- Frank Act if they succeed in lobbying regulators to exempt
Source: www.businessweek.com
Maverick Trading Announces 2011 Returns and Profit Sharing for Prop Traders
Maverick Trading recruited at two industry events in Dallas and Las Vegas, hosted two summits for its traders, and had its flagship book, Maverick Trading: Professional Techniques to Create Generational Wealth, published by McGraw-Hill.
Source: www.msnbc.msn.com
Book Trading
Ever had those piles of books, just stacked around the house, gathering dust? They are the books that will never be read again yet parting with them seems wrong. Well, what if those old books could be turned into credit for new books? This is the whole
Source: www.examiner.com
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