Tuesday 27 September 2011

Rogue Trading - A how to guide

Steps:

1. Get a job on a trading desk
2. Trade things your bosses don't understand
3. Trade away from the home office
4. Know the back office system
5. Have a brilliant idea
6. Start small
7. Trade with other people's accounts
8. If you lose money, double down
9. Cross your fingers
10. Enlist your colleagues
11. The end: Confess and point fingers
12. A Better Option: Don't Do It (LOL :))) )

Source: CNBC

Anh Lê Hồng Giang có 1 bài hay explain thêm về các vấn đề internal control.

Fankelblog shows cynical view: UBS staffed by idiots

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