Traders at Knight Capital are already making calls for jobs elsewhere as the stock hits multi-decade lows, Gasparino reported. Knight employed a 1,418 people as of the end of the second quarter. “It’s a war zone here; bullets are flying. I’m just trying to survive,” a senior Knight executive told FOX Business. “It’s going to be hard for Knight because this is their distinctive competence. This is what they do,” said Robert Steven Kaplan, a Harvard professor and former vice chairman at Goldman Sachs. “If they make a mistake like this that costs this much money, it casts out on their entire franchise and capability.” [FBN]
just something to think about
- 02 Aug 2012 at 4:31 PM
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Posted in:
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Expert: If There Is One Thing Your Business Does, And You’re Incompetent At It, That Might Be Bad
By Bess Levin- 8393215 Commentshttp%3A%2F%2Fdealbreaker.com%2F2012%2F08%2Fexpert-if-there-is-only-one-thing-your-business-does-try-not-to-fuck-it-up%2FExpert%3A+If+There+Is+One+Thing+Your+Business+Does%2C+And+You%27re+Incompetent+At+It%2C+That+Might+Be+Bad2012-08-02+20%3A31%3A44Bess+Levinhttp%3A%2F%2Fdealbreaker.com%2F%3Fp%3D83932
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Tags: bullets are flying, Charlie Gasparino, Harvard, it's a WAR ZONE, just something to think about, Knight Capital
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