Thursday, 25 July 2013

Nasdaq, others hacked in multimillion-dollar fraud Five charged in breach that led to $300 million in losses

Wall Street Job Report Newsletter
July 25, 2013                   
07-25-2013 13:04:09 PM

More than a dozen companies, including the Nasdaq Stock Market, were the target of what prosecutors described as one of the largest data breaches uncovered to date, which resulted in "hundreds of millions of dollars" in losses, according to court (...)Read the rest of this entry »...»

07-25-2013 11:46:26 AM

Your tax dollars still provide FDIC insurance to banks that have the best deal a gambler ever dreamed of. When they take big risks and win, they win big. When they take big risks and lose, they can count on (...)Read the rest of this entry »....»

07-25-2013 11:58:17 AM

Remember when federal Judge Jed Rakoff scared the bejesus out of Wall Street in 2011? That's when he refused to sign off on a $285-million civil settlement between Citigroup and the Securities and Exchange Commission over a massive mortgage fraud (...)Read the rest of this entry »...»

07-25-2013 09:31:45 AM

Credit Suisse, one of Switzerland's largest banks, said on Thursday that profit in the second quarter rose by a third, thanks to higher earnings at its investment banking operation. Profit rose to 1.04 billion Swiss francs ($1.1 billion) in the (...)Read the rest of this entry »...»

07-25-2013 09:28:05 AM

Wall Street banks are debating whether to suspend doing business with SAC Capital Advisors LP if the hedge fund is charged by U.S. prosecutors, according to two people briefed on the matter. Deutsche Bank AG (DBK) and Goldman Sachs Group Inc. (GS) are (...)Read the rest of this entry »...»

 

07-25-2013 13:22:39 PM

Britain's leading fraud prosecutor hopes within months to charge more individuals over the Libor rate rigging scandal as it tries to reassure critics it won't hesitate to pursue senior industry figures or even institutions. Almost five years since the world's (...)Read the rest of this entry »...»

 

07-25-2013 09:35:19 AM

Federal authorities are poised to level a criminal indictment against SAC Capital Advisors, the hedge fund run by the billionaire Steven A. Cohen, capping a nearly decade-long insider trading investigation into one of Wall Street's most prominent firms. Prosecutors and (...)Read the rest of this entry »...»

 

07-25-2013 09:53:13 AM

She took his money - and now she wants yours. The sexy Ukrainian stunner who stole nearly $1 million from Nicky Hilton's ex-husband has launched a Kickstarter-style campaign to pay off her $821,000 restitution. Renata Shamrakova, 28, was a personal (...)Read the rest of this entry »...»

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Now Trending at the Executive Gateway
07-25-2013 16:15:16 PM

The Modellounge Summer Hangout Is The Trendiest Spot To Beat The Heat With summer in full force, we're all looking for ways to stay cool. But if you're a model, there is no need to look too hard as Modellounge X Microsoft have you covered. Their summer hangout at Hotel Gansevoort in New York's Meatpacking District is an enclave for top models to beat the heat. Located on the hotel's rooftop, the private space is the perfect destination to relax, swim and, of course, chow down. Though you need to be a model for exclusive access, we were able to finagle our way inside to catch up with some of the beauties at the summer hangout. Continue Reading: HuffingtonPost....»


07-25-2013 16:01:25 PM

Pocket Power: Fall's Best Cargo Pants, Starring Douglas Booth Source:  GQ....»

 
07-25-2013 15:58:33 PM

Pakistani TV show gives away abandoned babies to childless couples in desperate bid for Ramadan ratings A prime-time television show in Pakistan is giving away babies in a desperate bid to win the Ramadan ratings war. In Amaan Ramazan, host Aamir Liaquat Hussain has given two abandoned babies to childless couples so far during the holy month. During an episode last week, Hussain told the studio audience: "This is the beautiful girl who was thrown on pile of garbage by somebody. See how beautiful and innocent she is." The baby was then handed over to a childless couple by Muhammad Ramzan Chhipa, who runs the Chhipa Welfare Association. The battle for ratings is most intense during the holy month the show has been dubbed 'the Islamic Price is Right' Source: NYpost....»


07-25-2013 15:48:00 PM

Nine Inch Nails Is Back Onstage, With a Vengeance Trent Reznor was not happy. Sitting ramrod straight, dressed in a black T-shirt and black shorts, he was staring with grim concentration as his band, Nine Inch Nails, worked through their set in a full-scale production rehearsal at the Los Angeles Sports Arena. Smoke, strobe lights and video screens on wheels restlessly reconfigured themselves as the band performed, without Mr. Reznor's lead vocals and instruments. Through song after song, his glare and scowl barely wavered; he'd look away only to tap notes into his laptop. After the band ran through the full set, he convened the musicians and technicians in a back room, well away from a visiting journalist.   Continue Reading:  NYtimes....»


07-25-2013 14:55:20 PM

Last Boston bombing victim leaves hospital exactly 100 days after April 15 attack The last person injured in the Boston Marathon bombings who is still in the hospital is being discharged, exactly 100 days after the attack that killed three people and wounded more than 260. Marc Fucarile lost his right leg and suffered severe burns and shrapnel wounds when the second of two bombs exploded near him and a group of friends who were at the finish line to watch another friend complete the run. Two other people in his group also lost legs. Fucarile's relatives, doctors and therapists gathered at the lobby of Spaulding Rehabilitation Hospital on Wednesday morning to say farewell as he headed home for the first time since the April 15 bombings. Spaulding officials say Fucarile is the last person injured in the explosions to leave a hospital. Source: NYpost...»


07-25-2013 14:50:00 PM

GQ Selects: August View All:  GQ....»


07-25-2013 13:41:00 PM

In Woody Allen's latest film Blue Jasmine-in theaters July 26-Cate Blanchett takes on the title......»


07-24-2013 18:09:28 PM

Steve Cohen's worst nightmare If anyone keeps SAC Capital Partners founder Steven Cohen up at night, it's Preet Bharara, the U.S. Attorney for the Southern District of New York. The prosecutor has made a name for himself going after insider trading, and he's got Cohen's firm in his crosshairs. ...»

New Film Clip: 'Jobs'
07-24-2013 18:07:39 PM

New Film Clip: 'Jobs'

 
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