I recall an incident on a trading floor at a firm where I once worked. A young man—let’s call him William—got himself too long on the stock of Barclays as it crashed in concert with the collapse of Lehman Brothers on September 15, 2008. William was betting big that Barclays was oversold and that it […]
Read More
Colleges rarely sue one another, so when little Hillsdale College in Michigan sued the much larger University of Missouri a couple of years ago, it raised some eyebrows. Hillsdale alleges that Mizzou blatantly violated the terms of Wall Street financier Sherlock Hibbs’ will, who left $5 million to his alma mater upon his death to […]
Read More