Document Says Traderâs Rogue Bets Began in Summer
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New details about the actions of a former SociÃ©tÃ© GÃ©nÃ©rale trader accused of making billions of dollars of unauthorized bets showed that his losses began in July.
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Rolling the dice at a craps table or  wagering a paycheck playing poker may not be the most rational  use of money, but one casino operator is hoping investors will  find its stock a better bet.
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Federal prosecutors are looking for  U.S. ties to French bank Societe Generale's  trading  scandal, for example transactions that went through a U.S.  broker, The Wall Street Journal reported on Wednesday.
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Three-letter ticker symbols are starting to show up on the Nasdaq.
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Developer turned gambler drops French bank in $7.2bn hole The apparent ease with which a former software developer turned rogue trader was able to sink France's second-biggest bank into a â¬4.9bn ($7.2bn) hole has sparked questions about the effectiveness of risk analysis systems.â¦
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An upstart website aims to hook you with commission-free trading.
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Societe Generale was warned about alleged rogue trader Jerome Kerviel last year, a prosecutor says.
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Societe Generale said Sunday that a trader who evaded all its controls to bet $73.5 billion Â more than the French bank's market worth Â on European markets hacked computers and "combined several fraudulent methods" to cover his tracks, causing billions in losses.
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PARIS, Jan 26 -- The French trader accused of one of the biggest bank frauds ever surfaced Saturday -- in the custody of police, who were questioning him about bad bets that cost France's No. 2 bank billions of euros.
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We make short work of those who bet against these stocks.
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Investors, looking for gold in hedge funds, have found dross.
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In the four days since New York Attorney General Eliot L. Spitzer alleged that brokers and corporate insurance carriers were engaged in bid-rigging and secret payoffs
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Federal prosecutors are looking for U.S. ties to French bank Societe Generale's  trading scandal, for example transactions that went through a U.S. broker, The Wall Street Journal reported on Wednesday.
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Feds reel in some big fish on the most elaborate trading scam in years, and it's not over yet.
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Societe Generale said Sunday that a rogue trader suspected of incurring massive losses at the French bank held positions worth about 50 billion euros (73 billion dollars) when he was uncovered.
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OK. Listen up. It's hot. It's July. You'd rather be at the beach. But you're probably worried about your investments because some hyperactive managers with seven-figure salaries at Bear Stearns have made a mess -- perhaps for all of us -- by buying massive quantities of weird securities with borrowed money.
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Prosecutors indicted a Korean bank and a Belgium-based holding company owned by Lone Star Funds, an American private equity group, on charges of stock price manipulation in connection with Lone StarÂs 2003 acquisition of the bank. Lone StarÂs vice chairman, Ellis Short, and its general counsel, Michael Thomson, already face charges of spreading false information to weaken the stock price of the Korea Exchange BankÂs credit card unit before it was bought by Lone Star. The new charges are against the bank and LSF-KEB Holdings, a paper company based in Brussels that Lone Star set up in 2003 to take over the bank, according to Chae Dong-wook, a senior prosecutor. Officials of the bank and other Lone Star officials declined to comment.