Posted inMagazine

Very Risky Business

Last spring, when the stock market took its hair-raising ride, in one corner of Wall Street there was more than the usual anxiety. In fact, there was stockbrokers-looking-for-upper-floor-windows kind of fright. In April, clients of the giant Bankers Trust New York Inc.including Procter & Gambletook multimillion dollar losses on a kind of trading most Americans […]