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Omaha Steve (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 08:14 AM Original message |
Report: UBS CEO not resigning in trading scandal |
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DCKit (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 08:48 AM Response to Original message |
1. I think I used to get email from that guy. |
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Scruffy1 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 09:22 AM Response to Original message |
2. If he would have made money you wouldn't have heard a thing. |
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NBachers (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 10:15 AM Response to Reply #2 |
5. Yeah, where'd the money go, anyway? |
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dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 11:49 AM Response to Reply #2 |
7. Doubly amazing this happened over a 2 year period and NO ONE noticed. |
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reformist2 (998 posts) Send PM | Profile | Ignore | Sun Sep-18-11 12:00 PM Response to Reply #7 |
8. Makes sense. It could be one of their quant funds blew up in August. |
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aquart (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 12:19 PM Response to Reply #8 |
9. What is a "quant fund"? |
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reformist2 (998 posts) Send PM | Profile | Ignore | Sun Sep-18-11 04:21 PM Response to Reply #9 |
11. They're kind of hard to define, but they tend to be run by computer programs and not people. |
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aquart (1000+ posts) Send PM | Profile | Ignore | Mon Sep-19-11 10:50 AM Response to Reply #11 |
12. To do what? |
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valerief (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 10:00 AM Response to Original message |
3. He'd be shot in China. nt |
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plumbob (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 10:02 AM Response to Reply #3 |
4. Years ago, I was shocked by that idea. |
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hatrack (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 10:24 AM Response to Reply #4 |
6. Or, to paraphrase Matt Taibi, if 1 investment banker - Blankfein, Jamie Dimon, whoever . . . |
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aquart (1000+ posts) Send PM | Profile | Ignore | Sun Sep-18-11 12:25 PM Response to Reply #6 |
10. And they were EXPECTING to be prosecuted. |
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