Posted on

What Layoffs? Top Wall Street Traders Score Giant Paydays

Mr. Ericsson left Citadel in June, but he won’t start at Millennium until September. Firms like Millennium, which manages about $50 billion, are offering such enormous pay packages that traders […]




Posted on

Wall Street’s Most Reviled Investors Worry About Their Fate

If the price falls, the short seller buys the now-cheaper shares back, returns them to the broker and pockets the difference. But the strategy can be risky. If shares climb […]