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1178: I run a hedge fund and I am hiring quantitative traders. Send me your resume and a picture of your starfish.
@2:22 pm is absolutely correct. Mr. Hunter's P&L the year before was $1 B, with a B! He has lost more money then 99.99% of the population even has access too. He was set for life betting with OPM on a hurricane. IMO it was a great risk/reward. Case Closed
Government intervention or regulation a few years ago would have averted this crisis. After the fact it will have little relevance. Wall Street will adapt to new regulations/oversight and find A WAY AROUND IT. That's why they get paid so much. It is their FUNCTION. Only government intervention earlier in the cycle could have prevented this but then what do you want from a $40K/year government employees?? mrPink, you need to quite ogling.
I was just informed that Bess Levin 'allegedly' is hooking up Gay_Analyst with MrPink. This is outrageous! I demand my right of Carpe Diem set forth by our forefathers that she hook me up with some slut (female) as well immeGiately!