Trader at UBS, Has been arrested by city of London police in connection with rogue trading that has cost the SWISS BANKING giant an estimated $2.3BN (£1.5BN). One theory in the City is that the trader may have been caught out by taking positions in the Swiss CHF that suddenly moved in the wrong direction.
The trader who is said to have lost SWISS BANK $2.3 billion through rogue dealing. Contract terminated - 06/10/2011
How to win on Forex
Forex is all about how to hit the next ball correctly rather than worrying about something of a distant future. Anything is possible in forex. Do not worry about what market will do. Just worry about what you will do when market reaches your “pain point” or “happy point”. You will have an easier life as a trader that way!!!
Carlos Slim overtakes Bill Gates in world rich list
In 2009, 332 names left the list after a tough year, but the total number of billionaires on 2010 list rose from 793 to 1011, Forbes said.
Top 5 Billionaires in the World
Abraham Lincoln and the Greenback
Let us never negotiate out of fear. But let us never fear to negotiate.
John F. Kennedy
You can never quit. Winners never quit, and quitters never win.
Ted Turner
Those who dare to fail miserably can achieve greatly.
John F. Kennedy
'Dominating businesses'
A spokesman for Carlos Slim refused to confirm the Forbes estimate of the Mexican tycoon's wealth, saying they did not "waste their time" on such calculations, but he welcomed the result.
"We're pleased that he has been considered the best businessman of the world," spokesman Arturo Elias told the BBC. "It means there is trust among the investors."
Forbes magazine's chief executive Steve Forbes told the BBC that Mr Slim had been slowly climbing the rich list for a number of years.
"He has been dominating businesses in Mexico, and businesses in the US as well," Mr Forbes said.
"He foresaw the rise in telecommunications, particularly cell phones. And he is also big in cement."
The year's biggest gainer, Brazilian mining tycoon Eike Batista, broke into the top 10 for the first time.
He came in at number seven, having boosted his wealth by $19.5bn to $27bn.
CARLOS SLIM
Full name - Carlos Slim Helu
Age - 70
Widower with six children
Family empire now controls more than 200 companies
Controls more than 90% of Mexico's phone landlines
Other interests include Inbursa financial group and the Grupo Carso industrial conglomerate
Government of the people, by the people, for the people, shall not perish from the Earth.
I destroy my enemies when I make them my friends.
It is better to remain silent and be thought a fool than to open one's mouth and remove all doubt.
Be sure you put your feet in the right place, then stand firm.
As I would not be a slave, so I would not be a master. This expresses my idea of democracy.
by Abraham Lincoln
This is your last chance to turn back!
Take the red pill, forget everything, and we'll take you back to where you were before.
You can go back to living your average life!
OR...
You can take the green pill, which is fully loaded with the dollar extract, and learn how you can make money for yourself in the most active market in the world, simply by using a little brain power.
SWISS CHF | chf has made history in 2011 
