Categories: People & Politics

10 Worst Traders of All Time

1. Howie Hubler (Loss: $9 billion)

Howie Hubler was a bond trader from Morgan Stanley, who lost $9 billion after gambled on mortgages that appear to be good on paper, but turned out to be completely worthless. He left Morgan Stanley and even given a few dozens millions of dollars in pay. Hubler quietly returned to the mortgage business by establishing a firm in Rumson, New Jersey with other former Morgan Stanley colleagues. Interestingly, he is now working as a consultant for homes that worth less than the amount of mortgage.

Related Post

Page: 1 2 3 4 5 6 7 8 9 10


Recent Posts

Top 10 Films from the 80s

Here's a list of some of the highest grossing films of the 1980s. There's a lot of sci-fi here, along…

June 20, 2013

Top 10 Films of the 00s

Most of these films fall into the category of book adaptations and there are a number of Harry Potter films…

June 20, 2013

Top 10 Formula 1 Drivers

Formula 1 is the place where the best drivers in the world get to drive the best cars in the…

June 20, 2013

Top 10 Apps to Alleviate Boredom

There have been times in all of our lives when we turn to our phones or tablet looking for something…

June 19, 2013

Top 10 American Foods

America is famous for everything being over the top, not least their food. There are so very famous classic dishes…

June 19, 2013

5 Simple Behaviors To Protect Your Heart

Introduction to a Healthy Lifestyle Finding ways to live a longer, healthier life is an important issue that millions around…

June 19, 2013