kallend 2,183 #1 September 15, 2011 ... who was risk manager for UBS (which just reported a $2Bn loss from rogue trading), knowing that she was also the risk manager for Lehman Bros? Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. Edit - the "guy" is actually a woman, Maureen Miskovic.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #2 September 15, 2011 Quote ... who was risk manager for UBS (which just reported a $2Bn loss from rogue trading), knowing that he was also the risk manager for Lehman Bros? Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. Would you hire someone who was delinquent in his taxes to be the Treasury Secretary? Quote Share this post Link to post Share on other sites
kallend 2,183 #3 September 15, 2011 QuoteQuote ... who was risk manager for UBS (which just reported a $2Bn loss from rogue trading), knowing that she was also the risk manager for Lehman Bros? Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. Would you hire someone who was delinquent in his taxes to be the Treasury Secretary? I wouldn't. I wouldn't have chosen an idiot for President from 2001 - 2008 either.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #4 September 15, 2011 QuoteQuoteQuote ... who was risk manager for UBS (which just reported a $2Bn loss from rogue trading), knowing that she was also the risk manager for Lehman Bros? Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. Would you hire someone who was delinquent in his taxes to be the Treasury Secretary? I wouldn't. I wouldn't have chosen an idiot for President from 2001 - 2008 either. What would you call someone who recommended investing over $500 million in a company that went bankrupt less than a year later? Would you trust them to invest your money? Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #5 September 15, 2011 Quote What would you call someone who recommended investing over $500 million in a company that went bankrupt less than a year later? Would you trust them to invest your money? No, Obama should be impeached and everybody should stop paying their taxes... Quote Share this post Link to post Share on other sites
Gravitymaster 0 #6 September 15, 2011 Quote Quote What would you call someone who recommended investing over $500 million in a company that went bankrupt less than a year later? Would you trust them to invest your money? No, Obama should be impeached and everybody should stop paying their taxes... There mat very well be an attempt at impeachment with some of the issues bubbling below the surface right now. Not just the Solyndra issue either. There is also evidence of pressure from the WH for people to change their testimony. Would you trust a guy who just dumped $500 million down a rathole to invest your money for you? Kallend calls Bush an idiot. What would you call a guy who pissed away $500 million? A genius? Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #7 September 15, 2011 I would think $500 million is chump change compared to the billions wasted in wars. Never mind the human toll. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #8 September 15, 2011 I see. So you only have a problem with politicians spending money when you diagree with their goals? Running up $14T in debt is OK as long as they meant well. Quote Share this post Link to post Share on other sites
kelpdiver 2 #9 September 15, 2011 Quote Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. I doubt that statement is true. The executive suite is a battleground for egos and losers get sent packing all time time, regardless of their results. Quote Share this post Link to post Share on other sites
StreetScooby 5 #10 September 15, 2011 Quote The executive suite is a battleground for egos and losers get sent packing all time time, regardless of their results. The street is an incredibly brutal place to make a living. Folks that make it to the executive suite have alot on the ball, but they're still all too human at times. Not that I'm justifying a $2B mistake. The risk department has alot of explaining to do on this one...We are all engines of karma Quote Share this post Link to post Share on other sites
Belgian_Draft 0 #11 September 15, 2011 QuoteQuoteQuote ... who was risk manager for UBS (which just reported a $2Bn loss from rogue trading), knowing that she was also the risk manager for Lehman Bros? Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. Would you hire someone who was delinquent in his taxes to be the Treasury Secretary? I wouldn't. I wouldn't have chosen an idiot for President from 2001 - 2008 either. Actually, we had an idiot for president from 1993-2009.HAMMER: Originally employed as a weapon of war, the hammer nowadays is used as a kind of divining rod to locate the most expensive parts adjacent the object we are trying to hit. Quote Share this post Link to post Share on other sites
kallend 2,183 #12 September 16, 2011 Quote Quote Quote What would you call someone who recommended investing over $500 million in a company that went bankrupt less than a year later? Would you trust them to invest your money? No, Obama should be impeached and everybody should stop paying their taxes... There mat very well be an attempt at impeachment with some of the issues bubbling below the surface right now. Not just the Solyndra issue either. There is also evidence of pressure from the WH for people to change their testimony. Would you trust a guy who just dumped $500 million down a rathole to invest your money for you? Kallend calls Bush an idiot. What would you call a guy who pissed away $500 million? A genius? The unnecessary Iraq war, fought under false pretenses, cost us over $TRILLION and thousands of American lives lost. Your priorities are skewed so far to the right I'm surprised you don't have scoliosis.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kallend 2,183 #13 September 16, 2011 QuoteQuote Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. I doubt that statement is true. The executive suite is a battleground for egos and losers get sent packing all time time, regardless of their results. Name one that's been outed.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
airdvr 210 #14 September 16, 2011 Quote Quote Quote ... who was risk manager for UBS (which just reported a $2Bn loss from rogue trading), knowing that she was also the risk manager for Lehman Bros? Funny, doncha think, that no bank ever outed a rogue trader who made a profit for the bank. Would you hire someone who was delinquent in his taxes to be the Treasury Secretary? I wouldn't. I wouldn't have chosen an idiot for President from 2001 - 2008 either. Considering the current leader the streak is unbroken Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
StreetScooby 5 #15 September 16, 2011 More insight into this: http://dealbook.nytimes.com/2011/09/15/delta-one-desks-are-rising-moneymakers/?ref=business Odds are, management knew what was happening, then decided to cut their position and realize the paper loss.We are all engines of karma Quote Share this post Link to post Share on other sites
Gravitymaster 0 #16 September 16, 2011 Quote Quote Quote Quote What would you call someone who recommended investing over $500 million in a company that went bankrupt less than a year later? Would you trust them to invest your money? No, Obama should be impeached and everybody should stop paying their taxes... There mat very well be an attempt at impeachment with some of the issues bubbling below the surface right now. Not just the Solyndra issue either. There is also evidence of pressure from the WH for people to change their testimony. Would you trust a guy who just dumped $500 million down a rathole to invest your money for you? Kallend calls Bush an idiot. What would you call a guy who pissed away $500 million? A genius? The unnecessary Iraq war, fought under false pretenses, cost us over $TRILLION and thousands of American lives lost. Your priorities are skewed so far to the right I'm surprised you don't have scoliosis. Would that be the war Congress approved funding for? You are so far left you can't tell the difference between a legal and an illegal act. Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #17 September 19, 2011 QuoteWould that be the war Congress approved funding for? You are so far left you can't tell the difference between a legal and an illegal act. Uhmm, he didn't say anything about legality. He claimed the war was unnecessary and cited the human and financial cost associated with it. You do know unnecessary and illegal are not the same thing right? Quote Share this post Link to post Share on other sites
Gravitymaster 0 #18 September 19, 2011 QuoteQuoteWould that be the war Congress approved funding for? You are so far left you can't tell the difference between a legal and an illegal act. Uhmm, he didn't say anything about legality. He claimed the war was unnecessary and cited the human and financial cost associated with it. You do know unnecessary and illegal are not the same thing right? Right, unnecessary is a matter of personal opinion, illegal is a matter of law. I couldn't care less about someones opinion. I do care whether they have broken any laws. Quote Share this post Link to post Share on other sites
Andy9o8 3 #19 September 19, 2011 QuoteMaureen Miskovic. Ah! A Serb. Shoulda been a red flag right there. Quote Share this post Link to post Share on other sites
