Free Republic

Adnan Deumic, a 25-year-old London-based trader at Bank of America died Thursday evening — just two weeks after the death of Leo Lukenas III, a banker who had been working 100-hour work weeks at the financial giant, The Post has learned. Deumic was playing in a casual “five-a-side” charity soccer tournament with other finance employees when he fell suddenly and was administered CPR, a source with knowledge of the matter said. While the cause of death is unknown, this person told The Post cardiac arrest is suspected. “The death of our teammate is a tragedy, and we are shocked by...

He was ill-mannered and ill-spoken—a boor, a braggart, a ruffian, a bigot, a hick, and a trickster. His name was Brother Jonathan. Today he is all but forgotten—eclipsed by his upstanding uncle, Sam. But after the Revolutionary War, Brother Jonathan was the personification of the newly independent American people: clever, courageous, not all that sophisticated and proud of it. He was the everyman incarnate. It was the everyman who had led America to victory. And now America looked to the everyman to lead them out from the bloated shadow of Great Britain. During the nation’s first hundred years, America tried...

RUSH: The trade business, let me see if I can get you right on something. As I have watched this, I’ve watched Trump being interviewed by journalists who don’t know what they’re talking about. It’s a fascinating thing. So many of these reporters now are under 30, like this babe that had the affair with the security director of the Senate Intelligence Committee. Anyway, they really don’t know anything. But they think they do. They think they’re experts on so much. And so a CNN reporter — we’ve got the audio coming up at some point. I haven’t had a...

FACEBOOK6 TWITTER REDDIT PINTEREST LINKEDIN EMAIL Los Angeles police reported a possible hostage situation at a Trader Joe’s grocery store Saturday. A suspect being pursued by police crashed his vehicle, got out of the vehicle and ran into the store, LAPD Officer Mike Lopez told CNN. Lopez said customers ran out of the Trader Joe’s. Police are still trying to determine whether there are any hostages inside the store. He said he did not know whether any shots had been fired by the police or suspect. This is a developing story.

Nord Stream-2 includes construction of two lines of a gas pipeline with a total capacity of 55 bln cubic meters of gas per year from the Russian coast through the Baltic Sea to Germany. The gas pipeline will bypass the transit states - Ukraine, Belarus, Poland and other Eastern European and Baltic countries - through the exclusive economic zones and territorial waters of five states - Russia, Finland, Sweden, Denmark and Germany. Nord Stream-2 gas pipeline project is purely commercial, not political, and attempts to counter its implementation violate the rules of free competition, Russian presidential spokesman Dmitry Peskov said...

Pepperidge Farm is suing Trader Joe's for infringing on the trademark of its popular Milano cookie. According to a complaint filed on Wednesday in New Haven, Connecticut federal court, the grocery chain's version of a sandwich cookie, called Trader Joe's Crispy Cookies, look too similar to the Milano cookie and the products' sale is "damaging its goodwill and confusing shoppers," reports Reuters. Milano cookies, which were first introduced to the market in 1956, are crispy oval-shaped vanilla cookies with a chocolate crème filling. Over the years, variations have been introduced, including mint chocolate, orange chocolate and even pumpkin spice. The...

Jessica Pressler is no longer going to work at Bloomberg’s investigation unit after the disgraced New York magazine writer penned last week’s story about the Stuyvesant High School senior who allegedly made $72 million trading stocks, only to have it proved a hoax.

Old and busted, legacy media edition: Layers of fact checkers and editors. New hotness: “There was this one time, in band camp …” Yet another big, splashy mainstream media story has collapsed, although the damage from New York Magazine’s tall tale of a teen-genius stock traders and the New York Post’s follow-up is entirely limited to the two publications’ reputations. Jessica Pressler wrote this weekend that Mo Islam, a 17-year-old student, had amassed a $72 million fortune during his participation in a high-school trading club, apparently without asking some basic questions about how a minor could trade and how...

It didn't take long for New York Magazine's story on a 17-year-old stock whiz with a rumored net worth of $72 million to make a splash. But the story's juicy premise unraveled almost as quickly. Wapo.com Jessica Pressler wrote the profile of Mohammed Islam, a senior at Stuyvesant High School in Manhattan, for a feature called "Reasons to Love New York." After getting an advanced look at Pressler's piece, the New York Post put the improbable story on its Sunday front page. By Monday morning, Islam's story was one of the hottest on Facebook. Then it fell apart. In an...

Take a moment and look at your hands. Specifically, compare the length of your ring finger to the one you use to point. Is the ring finger longer or shorter than your pointer, and by how much? It turns out that the answer to that question can tell a lot about your mental abilities and appetite for risk. As ConvergEx's Nick Colas details, a 2009 study of mostly male traders working in London found that the ones with longer ring fingers were generally more profitable than those with shorter ones. Traders with the largest fourth finger/second (pointer) finger ratios actually...

A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train, marking at least the seventh suicide of a financial professional this year. Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train at 6 a.m. near the Syosset train station. He was declared dead at the scene. Reilly’s identity was confirmed by Salvatore Arena, an LIRR spokesperson, who said an investigation into the incident was continuing. Passengers on the west-bound express train told MTA investigators they saw a man standing by the tracks before he jumped in...

The banker suicide wave that started in late January has now become an epidemic, and it seems to be focusing on one bank: JP Morgan. After the first suicide that took place in JPM's London headquarters, ending the life of 39 year old Gabriel Magee, a vice president in the investment bank’s technology department, next it was 37 year old Ryan Crane, an executive director in the firm's program trading division, who died under still unknown circumstances. Moments ago a third JPMorgan banker committed suicide, this time at the JPMorgan Charter House Asia headquarters in central Hong Kong, where a...

Peshawar , The traders of the Qissa Khawani Bazaar still waiting for government compensation in pesahwar. The even provincial government has completed the survey of traders and local labor whose suffers in the 29 September blast. 22 shops destroyed and 100 people injured in blast at qissa khawani three months back but only 17 people get compensation from the government. According to the investegation 13 blasts occurred in the historical market of the peshawar city Qissaa Khawani bazaar and more than 40 millions rupees loss face traders in the 29 September blast. Chief Minister of Khyber pukhtoonkhwa province visited the...

1 January. The first surprise was not their arrival. The radio messages had begun weeks before, announcing that one thousand ships from a star far out in space would land on 1 January 2000, in harbors along the Atlantic coast from Cape Cod to North Carolina. Well before dawn on that day, millions of people across North America had wakened early to witness the moment the ships entered Earth's atmosphere. However expected, to the watchers, children of the electronic age, the spaceships' approach was as awesome as had been that earlier one of three ships, one October over five hundred...

Strippers with sob stories or hookers with hearts of gold are often the way that Hollywood glamorizes the career paths of exotic dancers. One combination that you don't hear about often is the stripper turned Wall Street trader. Niki Marx, 27, is that case.

Even Willy Wonka might struggle to use this much chocolate. Yesterday, somebody bought 241,000 tonnes of cocoa beans. The purchase was enough to move the entire global cocoa market, sending the price to the highest level since 1977, and triggering rumours and intrigue in the City. It is unclear which person, or group of traders, was behind the deal, but it was the largest single cocoa trade for 14 years. The cocoa beans, which are sitting in warehouses either in The Netherlands, Hamburg, or closer to home in London, Liverpool or Humberside is equivalent to the entire supply of the...

It was a day of carnage that left 56 people dead and a dark shadow for ever cast over the history of London. But for Jérôme Kerviel, the French rogue trader, 7/7 was the jackpot. Mr Kerviel, whose wild bets on the stock market ended with record losses, celebrated as Britain’s worst terror attack helped him to register a €500,000 profit and to continue a winning streak that brought him “orgasmic pleasure”. The trader made the confession as he told the newspaper Le Parisien how he had lost touch with reality in the pursuit of money-making at Société Générale, the...

GENEVA (Reuters) - The United States, responding to a key demand of developing countries, said on Saturday it would discuss giving more temporary access to foreign professionals, injecting renewed optimism into world trade talks. The U.S. offer -- its second this week in make-or-break talks to secure a breakthrough in long-running trade negotiations -- had ministers and businessmen talking optimistically about improved prospects for a deal. "When it comes to temporary entry of business professionals we signaled that we are ready to have that conversation in the context of the Doha round," U.S. Trade Representative Susan Schwab told reporters....

A hunt has been launched for a stock market trader who may have made £100 million in a "modern day bank robbery" after an attack on the share price of the country's biggest mortgage lender. Shares in Halifax Bank of Scotland fell by 17 per cent as traders attempted to make a fortune by betting on the bank's falling stock. Malicious rumours circulated by speculators were blamed for the run, which saw more than £3 billion wiped off the bank's value. Britain's financial watchdog launched a criminal investigation to hunt down "ruthless" rogue traders, including one speculator thought to have...

PARIS (AFP) - Accused French rogue trader Jerome Kerviel walked free after judges placed him under formal investigation Monday for his role in seven billion dollars of losses at Societe Generale but stopped short of charging him with fraud. Shares in the French bank took a battering as allegations emerged that a board member was guilty of insider trading related to the scandal. Kerviel was freed on bail after being placed under formal investigation for "breach of trust", "falsifying and using falsified documents," and "breaching IT procedures", said his lawyer Elisabeth Meyer. Judges rejected a bid to charge Kerviel, accused...