Proprietary Trading - Famous Trading Banks and Traders

Famous Trading Banks and Traders

Famous proprietary traders have included Steven A. Cohen, Edward Lampert, Daniel Och, and Boaz Weinstein. Some of the investment banks most historically associated with trading was Salomon Brothers and Drexel Burnham Lambert, and currently Goldman Sachs. Nick Leeson took down Barings Bank with unauthorized proprietary positions. Another trader, Brian Hunter, brought down the hedge fund Amaranth Advisors when his massive positions in natural gas futures went bad.

Read more about this topic:  Proprietary Trading

Famous quotes containing the words famous, trading and/or banks:

    The essence of the physicality of the most famous blonde in the world is a wholesome eroticism blurred a little round the edges by the fact she is not quite sure what eroticism is. This gives her her tentative luminosity and what makes her, somehow, always more like her own image in the mirror than she is like herself.
    Angela Carter (1940–1992)

    His farm was “grounds,” and not a farm at all;
    His house among the local sheds and shanties
    Rose like a factor’s at a trading station.
    Robert Frost (1874–1963)

    Civilization is a stream with banks. The stream is sometimes filled with blood from people killing, stealing, shouting and doing the things historians usually record, while on the banks, unnoticed, people build homes, make love, raise children, sing songs, write poetry and even whittle statues. The story of civilization is the story of what happened on the banks. Historians are pessimists because they ignore the banks for the river.
    Will Durant (1885–1981)