websters gue Posted September 15, 2011 Share Posted September 15, 2011 http://www.bbc.co.uk/news/business-14927432 Do these rogue traders ever make a profit? Link to comment Share on other sites More sharing options...
websters gue Posted September 15, 2011 Author Share Posted September 15, 2011 Then they aren't rogue, they are "successful". Ah, that's how it works. Link to comment Share on other sites More sharing options...
chem1st Posted September 15, 2011 Share Posted September 15, 2011 If they make a loss your pension falls. If they gain, it's bonus time. If they monumentally **** up, the taxpayer bails them out and it is bonus time. No way, not no more. Your staff, your loss, control your own bloody flock! Link to comment Share on other sites More sharing options...
frank ryan Posted September 15, 2011 Share Posted September 15, 2011 serve's em right, greedy bar-stewards - when this rogue trader was coining, no one asked where the cash was coming from, hope some bankers end up standing homeless in the rain (but they won't, some ordinary schmucks will) viva capitalism!! Link to comment Share on other sites More sharing options...
websters gue Posted September 15, 2011 Author Share Posted September 15, 2011 If his unauthorised trading made the Swiss banking group UBS an estimated $2bn (£1.3bn) profit would it be deemed successful? Link to comment Share on other sites More sharing options...
salsafan Posted September 15, 2011 Share Posted September 15, 2011 I just saw this on the news today. I wonder whether he was an activist of sorts. The news of how he did it and why has not been released yet. It is somewhat interesting though to see that the security and access is not quite there? I thought that there were strict security access and so forth. Link to comment Share on other sites More sharing options...
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