A stock trader mistakenly bought $251 million worth of stock...

Discussion in 'Wall St. News' started by JayS, Jun 28, 2005.

  1. And so .... a small losing position becomes an investment for the long run

    Where have we seen this movie before?
     
    #11     Jun 29, 2005
  2. Remember the Keystone Cops comedies of the silent movie era? Well, we have entered the dawn of the Keystroke Trader comedies.
     
    #12     Jun 29, 2005
  3. bjb1963

    bjb1963

    FWIW, orientals are rugs. Asians are people. Not that I care, just amazing that people still say orientals without knowing any better.
     
    #13     Jun 29, 2005
  4. Neodude

    Neodude

    from
    http://www.m-w.com/cgi-bin/dictionary?book=Dictionary&va=orientals&x=16&y=17

    1. sometimes offensive : ASIAN; especially : one who is a native of east Asia or is of east Asian descent

    2. oriental rugs

    So you are both right.
     
    #14     Jun 29, 2005
  5. I hate to say such things, honestly. But I notice that, crawling all over wall street, are these Asian folk that Goldman worships and starts at like a quarter million and then they think Americans are so stupid and they act like they are better than we are but then again most people on wall street act that way but still.
     
    #15     Jun 29, 2005
  6. FredBloggs

    FredBloggs Guest

    doesnt the sec have laws about lying?

    :confused: :D
     
    #16     Jun 29, 2005
  7. Cutten

    Cutten

    When you are speaking or writing, how do you use one simple term to distinguish between Asians from India/Pakistan/Bangladesh/Sri Lanka, and Asians from places like China, Japan, Korea, Thailand etc? Some people use Asians/Orientals to distinguish between the two.
     
    #17     Jun 29, 2005
  8. qtip

    qtip

    Being from Asia, here are the basic references...



    India/Pakistan/Bangladesh/Sri Lanka = South Asian
    Everyone else = Asian

    :D
     
    #18     Jun 29, 2005
  9. Cut losses, cut losses!!! Close the position!

    Amazing, the whole firm is gonna do a rockie mistake: too much money on the line, they don't want to take the loss and keep the position hoping it will go back up :)

    What kind of firm gives T7.1billion buying power to a rockie trader anyway?
     
    #19     Jun 29, 2005
  10. Come on Fred... you're a smart guy. The SEC's arms don't reach that far out to other exchanges.
     
    #20     Jun 29, 2005