Citic Pacific on $2 Billion Currency Loss

Citic Pacific Ltd., the unit of China’s biggest state-owned investment company, tumbled the most in 18 years in Hong Kong trading after predicting HK$15.5 billion ($2 billion) in losses from unauthorized currency bets.

Note the use of the term “bets” instead of “hedging”. I hope they’re not deemed interchangeable.

2007 Bar Exam Results

In time for the release of the 2007 Bar Exam results today, this website got alot of hits due to the entry I posted a year ago, which is for the 2006 exams. I know no one personal who took the 2007 exams, so I didn’t blog about it. Nevertheless, the 2007 exam results can be found here, here and here.