Born    : 14 February 1967 in Athens, Greece Alma Mater     : London School of Economics Occupation      : Entrepreneur Net Worth       : GBP £1.29 billion Stelios is the man who introduced low-cost flying in Britain, and today he is a big guy with a personal fortune of $650 million. But he drives to his favorite casino in [...]

It should be remembered that greed always sells. Rationality or rational behavior does not sell. A harsh reality today is that getting wealthy in real terms is not as easy as it used to be.  It could take as long as five years for asset managers around the world to recoup the US$ 10 trillion [...]

The Hong Kong and Shanghai Bank (HSBC) issues semi-annual report (year 2009) in the Hong Kong Stock Exchange. The report shows that demonstrated that HSBC the net profit drops 19.5% in the first half of the year, is 22,295,000,000 HK dollars. HSBC trading profit drops 7.5% in the first half of the year, to 58,825,000,000 [...]