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TABLE OF CONTENTS
The Greatest Trading Blowups Of All Time
October/November 2005

Cover7_TOCPage
Nick Leeson Comes Clean
A decade after his legendary fraud destroyed a financial institution, the greatest cautionary tale in the history of trading is alive, well -- and not all that contrite. The man who redefined "rogue trader" sits down to tell his side of the story.

Larry Williams's Last Stand
For the past five years, legendary trader Larry Williams has speculated $1 million before legions of pie-eyed disciples. Is he a trader of consummate skill or a glorified snake-oil salesman?

Forex Folk Hero
By age 30, Andy Krieger was a trading titan whose massive currency bets shook up entire countries -- and the very way Wall Street operates.
Trader Monthly Europe

The Trader Monthly Euro 30
Feature Package
By Imogen Rose-Smith , Matt Guarente | Page 74
Who made what in 2004? We have some answers. > read more

Open

Build a Better Bachelor Party
Trader D.I.Y.
By A.D. Barber | Page 42
You know your bachelor party was badass when it makes national news. What's not so sweet is a police investigation -- the lamentable result when lurid details of Fidelity trader Tom Bruderman's March 2003 Miami bacchanal recently came to light. To keep the rich trader tradition of killer bachelor blowouts healthy, Trader Monthly offers this handy guide to keeping it aboveboard -- but still below the belt. > read more

Australian Rules
Buy This Island
By AnnaMaria Andriotis | Page 42
Toast your frozen buns this winter on 330 acres Down Under. > read more
Keywords: Buy This Island

Is Sushi Killing Me?
Doctor's Orders
By Liesa Goins | Page 40
> read more
Keywords: Doctor's Orders

Call of the Wild
Cojones Q&A
By Alison Stuart | Page 40
Guy Grieve traded a comfortable workaday life for an Alaskan cabin, wolf attacks and whiskey -- which makes him only two-thirds crazy. > read more
Keywords: Cojones

Need Sensitive Info In A Hurry?
Ask Beeks
By Brian Dawson | Page 38
Trading Places' Clarence Beeks is at your service. > read more
Keywords: Ask Beeks

Touch 'Em All
Tunes
By Brian Dawson | Page 38
A fascinating audio romp through baseball's back pages. > read more
Keywords: Tunes

Threads Inc.
Rituals
By Alison Stuart | Page 38
Sweet trading jacket, pal. Can you dim the wattage a little? > read more
Keywords: Rituals

Revenge of the Nerds
Reads
By Jonathan Lesser | Page 36
> read more
Keywords: Reads

Suit Yourself
$10,000 Well Spent
By Matt Guarente | Page 36
Climb into a sleek two-piece made of the planet's finest wool. > read more
Keywords: $10,000 Well Spent

Colored Diamonds
How To Trade...
By Matt Guarente | Page 34
Become a carbon-based trader and get your portfolio totally stoned. > read more
Keywords: How To...

School Daze
Ask the Dream Doctor
By Lauren Lawrence | Page 32
A trader's childhood classmates invade his slumber. What gives? > read more
Keywords: The Dream Doctor

The Guinea Grill
The 5,000-Calorie Meal
By Mary Mackenzie | Page 32
Tucked into a corner of London's Mayfair district, this classy British pub plates trader-friendly fare (red meat, cream, butter, oceans of ale) with award-winning panache. Nutritionist Sophia Aslanis gives us the skinny on one fattening feast. > read more
Keywords: The 5,000-Calorie Meal

Cultural Revolution
Trading Spaces
By AnnaMaria Andriotis | Page 44
East meets West at the Dynasty Fund's headquarters in the heart of Shanghai. > read more
Keywords: Trading Spaces

High/Low

Probable Cause
Risk/Reward
By Imogen Rose-Smith | Page 50
From OTC derivatives to the OTB window, the horse-based probability theories of "Dr. Z" offer a fresh cash-management perspective. > read more
Keywords: Risk/Reward

Rookie Mistake
My Worst Trade
By Robbie Burns | Page 56
Disregard for the basics and blind ambition helped me get scalded by a hot coffee company. > read more
Keywords: My Worst Trade

Man On a Mission
Performance
By AnnaMaria Andriotis | Page 48
Training for a triathlon gave Scott Redler an outlet to mourn a fallen friend. It also turned him into a great trader. > read more
Keywords: Performance

Snap Decisions
The Head Coach
By Doug Hirschhorn | Page 68
Everyone knows the best-laid plans always seem to fall through -- which is why you'd better always be ready to call an audible. > read more
Keywords: The Head Coach

Forex Folk Hero
Hall of Fame
By Imogen Rose-Smith | Page 52
By age 30, Andy Krieger was a trading titan whose massive currency bets shook up entire countries -- and the very way Wall Street operates. > read more
Keywords: Hall of Fame

Rocking the Boat
The Ask
By Rich Blake | Page 58
Seth Merrin's Liquidnet has gone from an obscure ATS to a crucial liquidity provider -- and has made him a billionaire in the process. Now he dishes on what he's up to and where he's going. Look out, Street. > read more
Keywords: The Ask

Laying Lumber
The Trade
| Page 60
You don't have to be a contractor to carve out a fortune in wood. The deceptively slow volume in lumber futures belies the market's untold riches. > read more
Keywords: The Trade

Bad News Bull
Celebrity Trader
By Alan Schwarz | Page 64
From Bad Santa to Bad News Bears, Billy Bob Thornton has ruled the box office by being bad. But when we offered him a chance to trade $50,000 on behalf of children's cancer prevention, he revealed a heart of gold. > read more
Keywords: Celebrity Trader

Field General
Five Rules
By Rich Blake | Page 68
Terry Hanratty won titles on the gridiron. On Wall Street, he's won respect. Now the quarterback passes along some wisdom on the challenges of execution trading. > read more
Keywords: Five Rules

Jack of All Trades
The Card Shark
By Johnny Chan | Page 70
Traders who specialize in one type of contract are like poker players who master just one type of game: dangerously limited. > read more
Keywords: The Card Shark

Autumn Of Our Fears
The Lord of Discipline
By Ken Grant | Page 72
Close derivative calls and nasty correlation catastrophes loom like a tornado over an Oklahoma interstate. Be afraid. > read more
Keywords: The Lord of Discipline

Directions

Nick Leeson Comes Clean
Trader Scandal
By Matt Guarente | Page 86
A decade after his legendary fraud destroyed a financial institution, the greatest cautionary tale in the history of trading is alive, well -- and not all that contrite. The man who redefined "rogue trader" sits down to tell his side of the story > read more
Keywords: Profile

The 30 Biggest Trading Blowups of All Time (And What You Can Learn From Them)
Feature Package
By Imogen Rose-Smith | Page 78
Failure can be the best teacher, and we've found some whoppers. From LTCM to Leeson, we count down the craziest, most calamitous crashing and burning in trading history. > read more
Keywords: Directions

Larry Williams's Last Stand
Profile
By Matt Blackman | Page 92
For the past five years, legendary trader Larry Williams has speculated $1 million before legions of pie-eyed disciples. Now he's pulling up the tent stakes on his seven-figure show. We snuck in to see what happens when a trading slugger takes his final cuts. > read more
Keywords: Profile

Tools of the Trade
Fashion
By Ty Wenger | Page 98
The clothes may make the man, but it's the accessories that make the trader. Whether you're a hedge-fund mogul, a pit-trading animal or just a bed-headed home-based warrior, behold the finest trappings of your success. > read more
Keywords: Fashion

Close

California Dreamin'
Spreads
By Susan Kine | Page 106
When a Chicago equities trader fled the floor for San Francisco, he took his winnings, launched a new business -- and landed in an elegant island estate. > read more
Keywords: Spreads

King of the Mountain
The Life
By matt carroll | Page 110
The masses may flock to Chamonix and Val D'isere, but for Europe's greatest mix of luxury accommodations, virgin slopes and not-so-virgin nightlife, the country is Switzerland. The town? Verbier. Book now. > read more
Keywords: The Life

Motor City Madness
Wheels
By Larry Webster | Page 114
We strapped a bloodless equities trader into the new 550-horsepower Ford GT and set him loose on Detroit's notorious Eight Mile Road to drag-race. In retrospect, that was probably a mistake. > read more
Keywords: Luxury Goods

Blowing Away The Joneses
Gadgets
By Mark Spoonauer | Page 120
Stock your spread with the greatest envy-inducing home-entertainment gear of 2005. > read more
Keywords: Gadgets

Snifter Supreme
Liquidity
By Alison Stuart | Page 122
Cognac has been embraced by the kings of bling, but who better to pick premium stocks than traders? Our panel of Wall Streeters names the best of the blends. > read more
Keywords: Liquidity

Brazilian Beauty
High Flyer
By Robert Goyer | Page 120
With craftsmanship, elegance and room to burn, the Embraer Legacy may be the world's only $20 million bargain. > read more
Keywords: High Flyer

Scan

Previously » August/September 2005

More recently » December 2005/January 2006

Current » November/December 2008