RBC Accused By CFTC Of Largest Trading Scheme To Date
Just earlier today, the Royal Bank of Canada (ticker RY) found out they have a serious situation on their hands involving some of their trading practices. It appears the Commodity Futures Trading…
Falcone’s Harbinger Capital Hedge Fund Down 47% In 2011
2011 was a brutal year for hedge funds, averaging a miserable -4% return for investors. Billionaire Phil Falcone was no exception as his huge bet on LightSquared dragged performance down to a…