Ludwik Sobolewski

Capitalism is supposed to be all about second acts – getting up after failing, and using the experience to do better the next time around. That’s the path taken by Ludwik Sobolewski, fired as head of the Warsaw Stock Exchange after a conflict of interest scandal who is now taking over the stock exchange in Bucharest.

Sobolewski brings experience and a bit of star power to Bucharest, which is growing well but is still a much smaller exchange than the one he leaves behind in WarsawRead more

Ludwik Sobolewski (left), head of the Warsaw Stock Exchange since 2006, was suspended late Friday “for compelling reasons” by a hurriedly convened management board meeting.

The exchange’s brief statement on the suspension did not give a reason for the decision, but the Polish press reports that Sobolewski had been linked to a controversy over the financing of a film about the stock exchange. Read more