How Internet Gambling Is Keeping Wall Street Rich

Like many young men who ruled Wall Street back when high finance was a respectable profession, Vinny Pahuja figured that the stock market would be a bottomless source of riches. Right after graduating from NYU business school, with a dual major in finance and information systems, he landed at Lehman Brothers. Pahuja joined an elite crew on Lehman’s internal trading floor, bringing in boatloads of money selling mortgage-backed securities.

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This is a section of the AllThingsD Web site featuring posts that have been curated from around the Web: pieces we’ve read, discussions we’ve followed, stuff we like. Five posts are included here each weekday, but only the headline and the first two sentences. We link to the original site for the rest. The section is explicitly labeled, so it’s clear that content comes “from other Web sites.”

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