Cynk Fiasco Cost Me My Job: Wall Street Trader

July 15 (Bloomberg) -- A Wall Street trader said Cynk’s 36,000 percent stock surge cost him his job, and he blames a short squeeze and regulators who didn’t halt the shares before the company’s value shot past $6 billion. Former Buckman Buckman and Reid Trader Tom Laresca and Bloomberg’s Zeke Faux discuss on “Taking Stock.” (Source: Bloomberg)

Ties With Iran Spark Dispute in Gulf
36:21 - A United Arab Emirates minister said Gulf Arab monarchies are going through a “severe” crisis, an apparent reference to a spat between a Saudi-led alliance and Qatar over ties with Iran. Bloomberg's Riad Hamade reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
  • Market Pessimism on OPEC Deal Lingers
  • Westpac's Callow Sees Euro Retaining Support on Sentiment
  • 'Irving Penn: Centennial': Charlie Rose