As a City headhunter I’m repeatedly asked to explain how lone traders find themselves flushing billions of dollars down the toilet. Rogue traders can pop up just about anywhere, and so I’ll share this curriculum for you to follow, which is not specific to any bank: this is just the way it works. Being a rogue trader is a superior gig for an aspiring criminal; instead of all that hassle of rioting and having to carry home your nicked 42in TV (they’re heavier than they look, or so I’m told), a trader on £450,000 will have it delivered and installed by that nice man from Richer Sounds, which is a mere two-minute walk from the office.
— How to go from the IT dept to being a rogue trader • The Register
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