Comments by "Samson Soturian" (@samsonsoturian6013) on "The Biggest Trading Loss in Wall Street Banking History" video.

  1. Not exactly. If the guy is lying to them it might be a while before he gets caught (people trust their coworkers). What really needs to be looked at is the crazy incentive structures at investment banks in general. Pay isn't just performance based but so is hiring/firing and every year someone gets sacked and someone else promoted to fill their place. This is what caused that one commercial bank's employees to falsify data because they didn't want their friends to be fired for missing quotas.
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  2.  @rdean150  yeah, but ultimately all the work is done by undervalued employees and someone who knows the system would know what he can get away with.
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  3. Why would you wish harm on someone you never met? Their loss is not your gain.
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  4.  @Whiteboykun  wut?
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  5.  @raybod1775  because you're a lazy thief.
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  6. That's been covered well already. It comes down to a political appointee with a room temperature IQ.
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  7. You mind lending me that crystal ball when you're done? The idiot behind this might have simply been addicted to risk.
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  8. What made you think they're different from anyone else to begin with?
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  9.  @hjs9td  so does everyone else. Noteworthy is JP Morgan's official statements said flatly these guy's job was to prevent losses in a 2008 style crash, but they did the opposite because they're idiots.
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  10.  @jeffsetter213  blahblahblah. As if you aren't actively demanding your employer trusts you. As if you remotely have the competency to run a business.
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  11. The company as a whole didn't do that.
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