Excellent piece from the Washington Post on the failure of management in the cases of rogue traders. As history teaches us, there are no rogue traders; there are only rogue banks. Here’s a news flash: If you issue credit, your working assumption must be that there are unqualified people who will try to borrow money…
Here at peanut central we get our fair share of emails from peanuts, as an example of which I offer the email below – Sorry to bother you again but this is so important you have know idea I have been so focussed on 2011 and a half I lost sight of the big picture…
Here at peanut central we get our fair share of emails from peanuts, as an example of which I offer the email below – Sorry to bother you again but this is so important you have know idea I have been so focussed on 2011 and a half I lost sight of the big picture…
Excellent piece from the Washington Post on the failure of management in the cases of rogue traders. As history teaches us, there are no rogue traders; there are only rogue banks. Here’s a news flash: If you issue credit, your working assumption must be that there are unqualified people who will try to borrow money…
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