Wednesday, June 23, 2010

Wall Street traders take to curling

By Nick Allen in Los Angeles Published: 6:02PM GMT twenty-six February 2010

Wall Street traders take to curling - Eve Muirhead and her curling team Great Britain"s Eve Muirhead in movement in the Winter Olympic competition that has perplexed US financiers Photo: PA

The recognition of the competition came about by collision as radio screens on trade floors altered to coverage of the games following the shutting bell.

Screens tuned to CNBC stopped display the commercial operation headlines of the day and were transposed by the steer of competitors pulling their stones down the curling course in Vancouver.

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Curling appeals to most traders since the resting competition provides a contrariety to the high octane vigour of the monetary world.

At the finish of the operative day smarts impeded with total tell by examination the ultimate events from Vancouver.

The New York Times initial beheld the materialisation and reported that curling is being enthusiastically watched inside the offices of vital monetary institutions together with Goldman Sachs, Bank of America and the US Treasury Department.

Traders and monetary analysts told the journal that examination the competition was similar to "drinking merlot" and pronounced they dignified the tactics, that done it similar to examination "chess on ice".

They are right away gearing up for the culmination of the curling contest with the men"s and women"s bullion award games this weekend.