By Jessica Donati LONDON | Wed Feb 16, 2011 (Reuters) – Oil prices rose on Wednesday as overnight rioting in Libya added to concerns that an Egypt-style revolt could spread to oil-producing countries in the Middle East. The latest outbreak of violence in the region drove oil markets higher on fears that […]
Author: InvestAdvocate
Madoff Claims Some Knew About The Scheme
NEW YORK (CBSNewYork)  In his first in depth prison interview since his arrest in December 2008, convicted financier Bernard Madoff claimed he did not act alone in orchestrating a Ponzi scheme that wiped out entire fortunes.  Madoff said the banks and hedge funds he dealt with over years employed a “willful blindness†– […]
Derivatives revenue climbed by 14%
ByAgency Reporter Wednesday, 16 Feb 2011 NYSE Euronext said last week that derivatives revenue climbed by 14 per cent in 2010, while cash equities fell by 10 per cent. By 2013, NYSE Euronext may generate more than 50 per cent of its earnings from options and futures, according to Ed […]
