Archive for the ‘ROGUE trader’ Category
Rogue Trader Crushes Societe Generale
In RISK Management, ROGUE trader on December 31, 2009 at 1:04 PM
barings bank, Black Swan, Nick Leeson, RISK Management, risk modelling, risk of ruin, ROGUE trader
banking failures, Jason Kerviel, Nick Leeson, rogue traders, Societe Generale
"Despite the imperfections and mixed motives, any effort to improve the economic well-being of Filipinos is fundamentally good."
--E. M. M.
"“We have a moral obligation to use our prosperity at this moment, especially to uplift communities in poverty."
--Alan Greenspan
"A fiduciary mindset is simply a mindset that says my clients come before I do. Service to others before service to self."
--John Bogle
"Markets cannot be sustained if they do not ensure human well-being."
--Koffi Annan, Secretary General, United Nations
"Capitalism is not an amoral system based on selfishness, greed and exploitation. It is a moral system based on a biblical ethic."
--Margaret Thatcher, former Prime Minister of Britain
"Wisdom cries aloud in the streets. In the marketplace, she raises her voice."
--Proverbs 1:20
"With the exception of George Soros in his heyday, I don’t know anybody with a really good demonstrated record of success with macro-forecasting."
--Seth Klarman, The Baupost Group
“As in professional sports, the capacity to generate competitive returns is all about talent. Credentials, so essential to academia, mean nothing.”
E. M. M.
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