george soros

'Naked' Derivatives: Bets With No Higher Purpose

The most striking portrait to emerge from the Goldman Sachs fraud charges may be that of the sheer uselessness of much of Wall Street's activities in recent years. Exhibit A: Synthetic CDOs and their ilk. And no less a capitalist than George Soros is loudly sounding the alarm.

Daily Blogwatch: The Worst Trade Ever

Below are some of the best reads for investors from around the Web: Looks like being a hedge fund manager is a pretty lucrative job. Here are all...

Glimmers of hope vs. global meltdown

General Electric (GE) has started to see the first "glimmers of hope" in the world economy, according to Nani Beccalli, CEO of GE International,...