Perfect Portfolio

I assisted in ghostwriting this article.

________________________________

At JPMorgan Chase, they called it “the icing” — as in the icing on the cake.

The bank’s chief investment office — the one that incurred the $2 billion trading loss — was responsible for managing the firm’s risk.

It was supposed to place trades, including by hedging, to keep the firm from losing money.

But part of the group’s job may have been at odds with its stated goal of reducing risk: it was also supposed to turn its “hedging” trades into a tidy profit. That’s the part they called the icing.

A guaranteed income for life that can increase may sound too good to resist, but investors should be certain they understand the terms and the costs....

Trading on the world's stock markets is increasingly being done by computers, but there are benefits and risks, reports the BBC's Michelle Fleury....

How to land a job using digital search and applications....

The nature of a company’s activities contributes more to earnings than its location does, according to a study by Morningstar Investment Management....

Studio art is one of the fastest growing of the Advanced Placement disciplines. But how do you score a piece of art? The reviews are in....

The giant engineering conglomerate will pay $83 a share for the Houston-based Dresser-Rand Group, giving Siemens a major presence in the American energy sector....

The best bosses hire differently than you do. What they know that you don’t could make all the difference....

An Asian isle with no traffic, clean streets and tolerance. Is it too good to be true or are there downsides?...

Jan 19, 2011 ... Doctor Who builds on licensee portfolio ... This new venture offers the perfect play pattern for Doctor Who fans and opens up a fascinating and ......

How to land a job using digital search and applications....

How rich is the Queen and where does her wealth come from?...

Two economists with conflicting views on the way markets behave have been jointly awarded the Nobel prize. Why?...

The shape of the egg carton has endured for more than 100 years, but now a young designer plans to update it for the modern age....

Mar 9, 2009 ... Barbie soon acquired her own property portfolio, was given her own dream ... You wouldn't want a Barbie that didn't look perfect, that's what so ......