Categories: People & Politics

10 Worst Traders of All Time

7. Isac Zagury (Loss: $2.52 billion)

Aracruz was once the biggest producer of eucalyptus tree pulp. It reported a loss of more than $2 billion in December 2008 due to currency-derivatives trades that involved Isac Zagury, the company’s CFO (chief financial officer). The company reacted quickly by holding a special shareholders meeting. While it was a good thing that they held those responsible for the mess, they did so because the company was losing money. It is very likely that shareholders knew about the risky investment, but weren’t complaining when money was made.

Related Post

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


Recent Posts

Top 6 Cities To See Before You’re 30

Have you put together your travel bucket list yet? What cities are you desperate to see before you hit 30?…

February 3, 2014

Top 6 Holiday Destinations In India

Having a holiday is surely a fun experience but if you are planning it in India you can double or…

January 18, 2014

3 Anti-DUI Apps For Smartphones

It’s not exactly a secret that there are many mobile apps around, and many of them are geared for personal…

December 4, 2013

Top 10 Tips For Survival At Sea

Nobody likes thinking about the worst possible scenario, but if you’re in a jam, you’ll be happy that you’ve prepared…

December 3, 2013

Top 5 Nutritional Drinks You Should Be Drinking

In an era where consumers are obsessed with health, fitness and youth, thousands of new products have emerged to offer…

November 22, 2013

The Top 6 Largest European Rental Car Companies

In Europe, business travelers and tourists have the ability to rent vehicles from many United States based car rental companies,…

November 19, 2013