« Misvaluation - in the world of investment banks | Main | Front Running »

March 20, 2010

Comments

Highgamma

This is the exact scenario that occurred on a mortgage desk at a major bank in the early 1990s. Bullying back office, risk management, or other staff is now considered a significant red flag at the firm. (My recollection is that pencil-throwing was also involved.)

I'm just surprised that this is not a recognized red flag everywhere.

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