The summer of 1822 Fort Mackinac, Michigan Army and fur-trading post, was a rough, brawling, drunken community of about 5,000 Indians, French-Canadians and half-breeds spending the proceeds of their winter fur catches. Only doctor within a 300-mi
Tag Archives: trading
Cheating or Investing?
For the past couple of years, Preet Bharara, U.S. Attorney for the Southern District of New York, has been shaking the trees on Wall Street.
Sri Lankan Trader Raj Rajaratnam Has Long Faced Scrutiny
The news did not exactly come as a shock. Just two months before he was arrested on charges of insider trading on Oct.
After Citi Sells Phibro, What’s Next?
The bank that never sleeps is holding an all-night sale. Citigroup, in an effort to improve its bottom line and repay the government, has put a “for sale” sign on numerous pieces of its business, downsizing what once was the nation’s largest bank
Dutch firm weighs settlement in Ivory Coast toxic waste case
A global commodities trading company says it is considering a settlement to legal claims that it is responsible for the deaths of 15 people and thousands of illnesses after 500 tons of toxic waste were dumped in the African nation of Ivory Coast. The Dutch company Trafigura said studies by 20 experts it has hired conclude that the chemicals did not harm anyone
Lehman saga still being unraveled in London
One year after the collapse of banking stalwart Lehman Brothers, the administrator of its European business says the full impact on creditors may not be known until 2010. Tony Lomas, a partner for PricewaterhouseCoopers, has been sorting through the financial remains of the banking giant’s European division since last September, when it became clear the bank would file for bankruptcy.