Trader's "drunk-trading" - :))

London oil broker banned after trading while drunk


Britain's financial regulator has fined and banned a former broker for manipulating oil prices by buying more than 7 million barrels while on a drinking binge.

The Financial Services Authority (FSA) said it fined Steven Perkins, a former employee of PVM Oil Futures Ltd, 72,000 pounds ($108,000) and banned him from working in financial services for at least five years for carrying out trades without the authority of clients or his employer.

http://www.reuters.com/article/idUSTRE65S42620100629

Google và China

http://online.wsj.com/article/SB10001424052748704103904575336133254026128.html?mod=WSJEUROPE_hpp_LEFTTopStories

Google "localizes" 1 chút để quay lại China. Hà, rõ là China nói để coi ai cần ai cho biết.

Cty CK đề nghị thêm khung pháp lý cho margin

http://cafef.vn/20100629062227429CA31/ctck-kien-nghi-duoc-cho-vay-chung-khoan.chn

PR và báo chí: Filtering the news

http://tuanvietnam.net/2010-06-27-pr-and-bao-chi-dau-la-su-that-cho-cong-chung-

Bài này có liên quan đến 1 vài research gần đây của Ox và LSE về chuyện PR khiến thông tin của financial news bị filtered.

Amazing thesis from a HBS undergrade

http://blogs.wsj.com/deals/2010/03/15/michael-lewiss-the-big-short-read-the-harvard-thesis-instead/tab/article/

http://www.hks.harvard.edu/m-rcbg/students/dunlop/2009-CDOmeltdown.pdf

I must say I must really sit down and read through the whole document in 1 and half an hour although I am very busy with my SAS program. I did not really read very carefully but again it shows that we should never underestimate what people can do with their Bachelor or Master thesis.

I guess, Bachelor and Master students who really want to do a good thesis do not afraid of publishing pressure and do their best creative works. PhD students care so much about things other than the most creative and important questions they should keep focusing on. And as an academic told me the best he has ever done is his PhD thesis, creativity is negatively correlated with the academic status. It seems that people are afraid of losing face if they try their hands on something which is "trivial" in the eyes of their peers.

G20 họp xong nói: "cắt deficit, tăng cap requirement của bank

http://www.bloomberg.com/news/2010-06-28/g-20-aims-to-boost-confidence-amid-europe-crisis-with-budget-cutting-goals.html

Group of 20 leaders responded to the European debt crisis with deficit-reduction targets and agreed to pursue higher capital requirements for banks once economic recoveries take hold.

Advanced G-20 economies will aim to halve deficits by 2013 and start to stabilize their debt-to-output ratios by 2016, the group said in a statement yesterday after a meeting in Toronto. Leaders said nations can move at their own pace and also pledged to fulfill existing stimulus plans.

IPO của GM

http://cafef.vn/20100628123442326CA32/gm-len-day-cot-cho-vu-ipo-khung.chn

Cái này không biết phải liệt vào hàng gì nữa. Là hạng IPO 1 công ty nhà nước hay IPO lại của 1 cái con ốc đã chết còn cái vỏ ? Có khi là ốc mượn hồn?