Business & Technology

First, three stories from Thomas Peterffy's life as a trader:

Story #1:

When Peterffy was a kid growing up in communist Hungary in the 1950s his buddy went to Austria and brought back a pack of Juicy Fruit gum. Peterffy bought the pack, broke the sticks of gum up into little pieces, and sold them at a profit. The principal at his school was not amused. "Where's your communist conscience?" the principal asked.

Not surprisingly, given story #1, Peterffy moved to the U.S. as a young man.

Story #2:

Samsung sounded a defiant note today, saying it would continue its legal fight with Apple "until our arguments have been accepted."

Samsung came out badly battered on Friday when a jury awarded Apple more than a $1 billion in damages, after it found Samsung had willfully infringed upon some of Apple's patents.