Stock Watch 9.19.11 ” UBScrewed”
Boo boos be painful at times. Usually when we make a trading mistake it costs us a couple of bucks but last week a UBS trader made an epic boo boo by losing a cool 2.3 billion! Yea that will look bad on his next resume. I guess that’s the epitome of having a bad day at work. Original story here http://www.businessinsider.com/kweku-adoboli-10-billion-sp-500-dax-eurostoxx-3-months-2011-9
If you haven’t heard this cool touching story of a TheLincolnList student click here.
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