Sunday, September 18, 2011

UB Ooops

So UBS lost a metric hell load of money because of a 'rogue trader'.

Aren't they all? Heck, their chieftans are thieves and pirates..... and the guy running that part of the business intentionally steered them to more dangerous, more risk-taking endeavors. Because that's where the money is. And as others have pointed out, you're only a 'rogue trader' when you lose more than you earn. Otherwise, you're a well-paid hero.

Can we line them up and shoot them now?

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