The Ultimate Revenge Trade: Ex-Goldman Trader 110,000 emini ES position

Discussion in 'Wall St. News' started by Syprik, Apr 3, 2013.

  1. Brighton

    Brighton

    Another article says he's been living in - guess where - South Florida since August 2012.
     
    #11     Apr 4, 2013
  2. AFAIK, Matador was never over $200MM AUM. That's still a shitload of short puts!
     
    #12     Apr 4, 2013
  3. LOL! here's an interesting article from Forbes posted in the PB hedgie group on Linked In--- Too Honest For The Country Club---

    http://www.linkedin.com/groups?gid=4905497&trk=hb_side_g
     
    #13     Apr 4, 2013
  4. burn8

    burn8

    and Government.

    -burn8
     
    #14     Apr 4, 2013
  5. There is hope for this young lad, Nick Leeson's site says Leeson is one of the most sought after speakers in the financial sector. His con was for over a billion at Barings. (Didn't Barings end up getting sold for a buck?)

    So what, he tried to hide 8billion but GS ended up 'only' losing 100mil plus in the unwind. All's well that ends well...for them. (Shakespeare! It's all about the outcome.)
     
    #15     Apr 4, 2013
  6. imo, this is the craziest part of the story. its mind boggling.

    what does that tell you? that all the crap they list in what they are looking for in a potential hire at these "prestigious" firms is just a bunch of crap.

    job seeker: hello, im here for the trading position

    interviewer: oh, tell me about yourself

    job seeker: well, i was fired from gs for outright fraud.

    interviewer: welcome aboard.

    meanwhile, the hundreds of applicants that did everything right were thrown in the garbage. :confused:
     
    #16     Apr 4, 2013