Friday, February 6, 2009

Deutsche Bank Fallen Trader - Reeling Financials

Fall of Boaz Weinstein, once one of Wall Street's hottest traders, speaks volumes about why financials still reeling. Chess master, poker and blackjack devotee and Deutsche Bank trader, Weinstein made big bets using complex financial instruments...more at WSJ/Google News

Wall St. Pay Is Cyclical. Guess Where We Are Now. - Bonus system, now widely criticized, even in banking circles, for contributing to the economy’s woes. NYT/Version appeared Feb 5 in print (NY edition)

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