Correct me if I am just way off base here but does not the cloud of mystery surrounding the results of the Obama Administration’s bank stress test sound eerily familiar to the Bernie Madoff ponzi scheme? Let me explain. The reason Bernie Madoff got away with his fraud for so long was his lack [...]
Derivatives traders at a New Zealand-based hedge fund, 36 South Investment Managers Ltd., scored a 236% gain in the last 12 months trading long dated options contracts. The co-founder, Jerry Haworth, stated what should be obvious to options traders when he said that trading options contracts is “an amazingly lucrative niche and there are few [...]
