SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (42319)10/3/2011 1:16:09 PM
From: Real Man2 Recommendations  Read Replies (1) | Respond to of 71426
 
Yep, the moment has arrived. Rogue traders exist, but in good times. If somebody sank
the bank in 1999, then he is a rogue trader. In post-2008 times these probably are

1) Scapegoats for existing overlevered positions that blew up, while they sat
frozen in front of the screen, because their "models" were silent.
2) Fat finger stressed out guys in charge of trading desks.

There will be more of them, these types, I am sure. They say derivatives
are netted? What's netted will become unnetted, and huge -ng-