Comments by "Samson Soturian" (@samsonsoturian6013) on "Top 10 Craziest Rogue Traders" video.

  1. They are, but the crazy fast money is in the crazy high risk
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  2. There's always someone that has access. In the case of the hedge fund managers and that orange county official, it was literally their jobs to find suitable investments.
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  3. Except that guy really was an idiot. A political appointee.
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  4. If that were true, there would be no markets.
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  5.  @rezzob  Projecting your vices on others does not make your losses any less atrocious.
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  6. Not worth it
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  7. Found the crypto scammer.
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  8. Structured notes are restricted to the point of being unsellable except in select European states for this reason.
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  9. Don't necessarily blame UBS. These are salesmen paid on commission and it's one of few fields that mints a lot of millionaires that doesn't require an exotic skill. Translation: Job attracts greedy bastards
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  10. Local elections. No one pays attention to them
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  11. For what?
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  12. Idiocy is not a crime.
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  13. ​@boomguy12345 he's referring to Michael Burry who is not called a rogue trader
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  14. Ponzi schemers are tollerated by ponzi schemers. Investment bankers are all gamblers that don't care about the odds, they just care about how much they might make.
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  15. It's a gambler's fallacy
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  16. Only the guys who own the place. The rank and file are dominated by young middle class men trying to get rich even at firms who knowingly hire fraudsters to change their demographics
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  17. That's an oxymoron
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  18. That sums up all Wall Street.
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  19. It's when you have a net negative investment. Like if you borrow shares in order to sell them, or enter in an option or futures contract to sell a stock or commodity at a specified date even though you don't own it.
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