Home > Cande = Conjecture & Exaggeration, Fande = Fact & Evidence, The Economy > Riding the line of Fande/Cande to get the point across

Riding the line of Fande/Cande to get the point across

Thanks for the laugh, David Weidner. : )

http://finance.yahoo.com/banking-budgeting/article/111443/10-questions-we-should-be-asking-the-banks?mod=bb-budgeting&sec=topStories&pos=5&asset=&ccode=

10 Questions We Should Be Asking the Banks

by David Weidner
Tuesday, November 30, 2010

EXCERPT:

8) In the event that your bank suffers trading losses that result in the bank reporting a loss for the quarter, what is your response?

a) Apologize, institute risk limits and shrink compensation pools to adjust for investor losses.

b) Stuff happens.

c) Award the trading team a bonus to keep them from fleeing to a hedge fund.

d) Award yourself a bonus.

_________________________________________________________________________________________________

David Weidner covers Wall Street for MarketWatch.

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