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Top 20 Hedge Funds

Alpha magazine has come up with a list of the 100 largest hedge funds in terms of assets under management as at 31st December last.

Being Made Redundant - Your Plans Poll Result

With more financial markets professionals currently on the lookout for jobs than there are open positions, it's clearly a buyer's market. And some redundant bankers are taking advantage of their situation (and their exit cash) to take stock. Not everyone is in a rush to get back into the industry.

Moody's CEO Note To Clients On That Computer Bug Rating Issue

The Financial Times revealed last week that, due to a bug in its computer system, Moody's incorrectly awarded AAA ratings to billions of complex debt products. The error is said to have been discovered in early 2007, but the tranches of debt were not actually downgraded until January this year.

Societe Generale Rogue Trading Report

For all you risk and compliance types (and anyone else interested), here's an English translation of Societe Generale's report to its shareholders on the subject of that $7.9bn trading loss.

Job Application

This is an actual job application that a 75-year-old pensioner submitted to a large DIY chain in the UK.