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Ms Drew of JPM


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#1 andiron

andiron

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Posted 13 May 2012 - 07:14 AM

How many traders have had great streaks and then blow up so much as to undo the entire gains of the past and then some..Drew turned out to be that another case in trading casualty...

But Schumpeterian justice must be upheld or it would make a mockery of things..do we get clawbacks here?...
after all making easy money in casino got to have some downside as well..or else every Shylock will line up...

Financial sector is facing Armageddon as i have posted many times and is set to shrink 50% or so in the next few years...




http://www.bloomberg...gious-loss.html