Young Banker’s Burn-Out After 100-Hour Weeks Leads To Death, Sparking Outcry Over Wall Street’s Gruelling Work Culture
This young bankers’ death cast a harsh spotlight on Wall Street’s pressure-cooker culture, and feels chillingly similar to the plot in the first season of that HBO finance show Industry.
The R15.4-Trillion Company You’ve Probably Never Heard Of
Much of the company’s success is thanks to CEO Hock Tan, who was recruited to run the company in 2005.
Legendary Trader Roaring Kitty Resurfaces And Sends Reddit Into A Speculating Frenzy
Screwing over Wall Street made Roaring Kitty a hero, and his return to the headlines will have hedge fund managers nervously pacing the halls.
Wednesday Morning Spice
Meet your new Springbok coaching lineup, Doctor salaries in South Africa are a problem, Toby Keith, country singer-songwriter, dies at 62, Sauber Reveals 2024 F1 Car, and Road closures in Cape Town for the State of the Nation Address.
Wall Street Officially Enters ‘AI Era’ With Introduction Of Generative Financial Assistant Tech
The growing excitement surrounding AI has had a substantial impact on the stock market and has prompted various industries to confront its implications, with some experts are even considering AI as the next foundational technology.
Tuesday Morning Spice
Reserve Bank’s Phala Phala findings under fire, Charlize Theron silences rumours of plastic surgery, AI-Generated James Dean appearing in new movie, and Biggest Loch Ness monster search in half a century begins.
This Woman Quit Wall Street For Sex Work, Says Being A ‘Psychopath’ Has Made Her Hugely Successful
Mia Lee used to make a killing while working on Wall Street, but then she decided that sleeping with married men for money would be more lucrative and rewarding.
Reddit’s WallStreetBets Has A New Target
WallStreetBets has set their sites on a new investment opportunity, and we could all benefit from the returns on this one.
Best Performing US Stock Over Past 30 Years Comes From Way Out Of Left Field
If you’re thinking it’s Amazon, Apple, or Microsoft, think again, with a $10 000 investment back in 1995 now worth a staggering $35 million.
Reddit Bought This Super Bowl Ad To Celebrate The GameStock Mayhem
Reddit spent its entire marketing budget on a five-second Super Bowl advert, and managed to make quite an impact.
WallStreetBets: How To Track Reddit’s Most Talked About Stocks
The GameStop saga has created a new interest in Reddit’s WallStreetBets and the way that it might be gaming the market.
Tuesday Morning Spice
Wall Street “bloodbath”. Zuma’s future decided tomorrow. Day Zero moved. Trump talks treason. Pope cover up. Capitec keeps fighting. Parly move from CPT to PTA? Grid girls replacement. Habana close to retiring. J Law takes over plane PA.
They’re Calling This The ‘Wolf Of Wall Street’ Trading App
Hold up, no one is saying you’re going to make a million dollars a day and develop a raging Quaalude habit, but a new app is making it easier to play the stock market.
Warren Buffet Is Dumping Stock At An Alarming Rate – This Is Why
Warren Buffet didn’t make his billions by not knowing what’s going on with the economy. He clearly has an inside piece of information, and is selling stocks at a fast pace…
If You Like Money – Watch These Movies
The Guardian gives you a little lesson in Flickanomics – the art of learning about money while watching some awesome movies.
A Short History Of Drug Abuse On Wall Street [INFOGRAPHIC]
What, you think a couple of bankers don’t like to kick back and smoke a doob every now and then? ‘Course they do. They do that, and a whole lot of other stuff.
You Won’t Believe How Many Famous Movie Quotes You’ve Been Misquoting
Correcting someone when they misquote a movie line can generate a significant amount of smug pride, but it can also generate a fair deal of anger. Make sure you’re on the right side of the equation with this list of the most famous misquoted movie lines.
Enjoy This Brand New Interview With Bernie Madoff
Good ‘ol Bernie Madoff. The former non-executive Chairman of the NASDAQ , stockbroker and financier who admitted to operating in a Ponzi scheme considered to be the largest financial fraud in US history, agreed to an interview with the Wall Street Journal while incarcerated.
Wall Street Journal Covers “Clifton Trawler Pizza Delivery”
By now you should have heard about the pizzas we ordered from Butlers Pizza to be delivered to the stricken Eihatsu Maru ship on Clifton beach. Naturally it wasn’t a problem for them, as they’re Cape Town’s #1 pizza company. You can check the video HERE if you missed it. But more recently a picture […]
IBM’s Watson Is Heading To Wall Street
Sometime last year, IBM created a brand new supercomputer, called Watson. The idea was ho have him try and beat a human competitor at the popular game show, Jeopardy. He did this without retrieving any information off the internet, and based all knowledge on the information fed into the system. He won, too. Watson is now employed by Citigroup.
SPL!NG Movie Review: Margin Call (2011)
The award-winning documentary Inside Job drilled down into what caused the 2008 financial crisis by consulting some of the finest financial experts. Margin Call creates a fictionalised account of the most critical 24 hour period of the meltdown, featuring some of Hollywood’s most respected actors.
Occupy Denver Protestors Elect Border Collie As Official Leader
Mayor of Denver, Michael Hancock, has been pressuring members of the Occupy Denver movement to pick a leader, “to deal with City and State officials.” So the protesters, in the most benign shove-it gesture imaginable, elected a three-and-a-half-year-old border collie. Named Shelby.
NYSE Threatened By Hacker Group Anonymous
While it might not be doing too well at the moment, the New York Stock Exchange is fairly important. One of the world’s biggest markets, the daily business of the NYSE has been threatened for a while now by the Occupy Wall Street protests. Internet hacker group, Anonymous, has now also jumped on the bandwagon, […]
US Treasury Agrees To Sell $5.8 Billion Worth Of AIG Shares
The US Treasury has announced that it has agreed to sell part of its stake in American International Group (AIG), as it winds down the ownership of the global insurer it helped bail out of very troubled waters back when the financial crisis iceberg first struck.