Thursday, 23 October 2014
Last updated 51 min ago
Dec 31 2009 | 1:54am ET
Arch fraudster Bernard Madoff spent his first Christmas in prison in a hospital room. But he’ll be marking his first New Year’s Day back in his prison cell.
Madoff, who is serving a 150-year sentence for running a $65 billion Ponzi scheme, was returned to his cell at his North Carolina prison on Monday after 11 days in the hospital. He was transferred their on Dec. 18 due to dizziness and high blood pressure.
Earlier reports had indicated that Madoff had been assaulted in prison, but prison officials have denied that he was attacked.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...