IN 2008, I was on the losing end of a gold trade—swindled, really.
By my dad.
I had just been laid off after the literary agent I worked for was poached, but was lucky enough to find a job and not have to file for unemployment only days later. In the interim between paychecks, however, I’d be broke.
“Well, you’ve got those coins lying around,” he suggested.
Update: Zero Hedge blogger “Tyler Durden” questions the reported unwinding of JPMorgan Chase’s prop-trading operations, pointing to JPMorgan’s recent acquisition of energy prop-trading operation Sempra and the firm’s naming of a new head of commodities strategy.
In an effort to comply with new restrictions articulated by the so-called “Volcker rule,” behemoth bank JPMorgan Chase Read More