"I am sorry but I have a hard time buying the fact that a trader was able to set up a 'secret trade' of 4.9 billion without anybody finding out," said Ion-Marc Valhi at Amas Bank.

http://news.bbc.co.uk/1/hi/7206270.stm


My initial instinct is...poooh, summat smells bad. $7 billion and he walks free on appeal at 3yr sentence.
Are banks actually that big that they can allow something so substantial to bypass them?

"I am sorry but I have a hard time buying the fact that a trader was able to set up a 'secret trade' of 4.9 billion without anybody finding out," said Ion-Marc Valhi at Amas Bank.

http://news.bbc.co.uk/1/hi/7206270.stm


My initial instinct is...poooh, summat smells bad. $7 billion and he walks free on appeal at 3yr sentence.
Are banks actually that big that they can allow something so substantial to bypass them?

This fellow is a shyster, they should take the money back