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Trading probed at Merrill Lynch
bubblesmoney
Posts: 2,156 Forumite
Trading probed at Merrill Lynch
see also
http://www.bloomberg.com/apps/news?pid=20601087&sid=awR18y2Q7QLU&refer=home
see also
http://www.bloomberg.com/apps/news?pid=20601087&sid=awR18y2Q7QLU&refer=home
Three weeks ago, risk officers discovered that a London currency trader who had recorded a trading profit of $120 million for the fourth quarter may instead have lost a large amount, the New York Times said, citing an unidentified Bank of America executive.
The U.K. markets regulator said in August it would investigate some securities firms’ pricing practices after finding valuations were “materially flawed or inadequate.”
bubblesmoney :hello:
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Comments
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They were all at it... greedy barstewards the lot of them.
The difference now will be: those who get caught -v- those who find a bigger lie to cover it up.0 -
Or those who left having timed it perfectly.
It must be horrible to work in some places now. Must be so much suspicion and whispers going on. I wonder how many people did things they would have preferred not by not having the balls to stand up for what is right and therefore possibly lose their job? Now they will be scared of being caught and we can bet those that told them to do stuff will plead ignorance.0 -
or sell the bigger lie to the public to buy the toxic 'assets' and pass the buck to the tax payer.PasturesNew wrote: »They were all at it... greedy barstewards the lot of them.
The difference now will be: those who get caught -v- those who find a bigger lie to cover it up.
dont forget to say thanks and be grateful for getting saved when we get scr*w*d after we bend over and buy these toxic assets from the banks courtesy of you know who.bubblesmoney :hello:0 -
bubblesmoney wrote: »or sell the bigger lie to the public to buy the toxic 'assets' and pass the buck to the tax payer.
dont forget to say thanks and be grateful for getting saved when we get scr*w*d after we bend over and buy these toxic assets from the banks courtesy of you know who.
Yup, we all should know the drill now,
bend over and lube up guys0 -
itsallagame wrote: »Yup, we all should know the drill now,
bend over and lube up guys
Too graphic:o I think I'd have got the picture just by reading the first line:rotfl:0
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