Wall Street traders may be manipulating a key derivatives market and front running Fannie Mae […]
Yesterday, at approximately 10:30AM, scores of financial services employees breathed a collective sigh of relief. Relief that months of studying had paid off in the form of a passing score on the Level II and II CFA exams. Relief that, even though months of studying had been a total waste of time with nothing to show for it, they could get on with their lives and stop wondering. One guy was less lucky. He’s in a CFA holding cell right now pending an investigation, thanks to some supposedly suspect fidgeting and a couple proctors with itchy trigger fingers, possibly hoping to impress their superiors.
According to the suspect, “No one has ever accused me of having a nervous tic or cheating before…I don’t understand how you could honestly mistake my, admittedly strange, gestures as signaling to an unknown accomplice.”