Trader's Poker Bet Pays Off

Tue, 06/12/2012 - 19:39 EDT - WSJ

Andy Frankenberger has become the latest Wall Street veteran to enjoy success at the World Series of Poker.

U.K. casino accuses poker star Phil Ivey of cheating at baccarat; won’t pay $11.9M winnings
LONDON — A major casino operator is accusing Phil Ivey, an American who is one of the world’s top professional poker players, of amassing millions of dollars in winnings by cheating at baccarat. Court papers filed in Britain’s High Court by the Malaysia-based Genting Group say that Ivey and an accomplice successfully used a scam to rack up winnings of roughly £7.8-million ($11.9-million) last summer.
Guest Post: Poker And Trading
Submitted by Pater Tenebrarum of Acting Man blog,
Dow Jones average pulls back from latest record
Wall Street takes Cyprus bailout vote in stride
Wall Street regains its swagger, futures rising
Stocks plunge, bank plan fails to calm Wall Street (AFP)
Stocks mixed on Wall Street, indexes near highs
Billionaires and Poker
“Several billionaires got their first stakes in poker games. Kirk Kerkorian funded his first business, the charter airline Los Angeles Air Service, with poker winnings. H.L. Hunt bet everything he had in a poker game and won his first oil well.
European stocks mixed, investors eye Wall St return (AFP)
Cisco Systems: Everyone's an Economist in a World Awash With Lemmings
Jeffrey Walkenhorst submits:We've backlog of topics to share, but will again briefly relay how everyone is an economist. We wrote about this in May 2009 and have included various related tidbits in other posts, including our "how's the economy doing?" series.

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