Comments by "" (@TheDavidlloydjones) on "How A Rogue Trader Cost A French Bank $7 Billion" video.

  1. Even female executives wear their wedding rings on their left hands -- and it's not a business meeting, it's a photo-shoot after work, around twenty past six. The good news is, those weren't "pure" losses, even though you say it twice. They're tax deductible. Last kick at the can, saying the losses came to "10% of market cap" is utterly irrelevant. The question is, what was he doing to te bank's net equity? Market cap appears nowhere on its balance sheet.
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