The Rogue Trader
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ESSAY DETAILS
Words: 1146
Pages: 4
(approximately 235 words/page)
Pages: 4
(approximately 235 words/page)
Essay Database > Science & Technology > Physics
What do traders do? They make investments on behalf of their employers, the banks, and the banks' customers. They watch screens all day, looking for fluctuations in prices, and then try to buy things when they are cheap and sell them when they are expensive. So what they are really trading in is opinions. They are like bookies once removed; they make bets on how other people will bet. Traders, in other words, are pure …
showed first 75 words of 1146 total
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showed first 75 words of 1146 total
showed last 75 words of 1146 total
…different ways. It obviously had some effect upon John Rusnak when he stopped working towards legitimate needs being met, and began working for greed. Works Cited: Leith, William. The Guardian. 26 Oct. 2002. 7 Nov. 2005. (http://business.guardian.co.uk/story/0,3604,818620,00.html) FBI quiz $750m rogue trader. BBC News.7 Feb. 2002. 7 Nov. 2005. (http://news.bbc.co.uk/1/hi/business/1803853.stm) "Rogue" AIB trader pleads guilty to fraud. BBC News. 24 Oct. 2002. 7 Nov. 2005. (http://news.bbc.co.uk/1/hi/business/2358463.stm)
…different ways. It obviously had some effect upon John Rusnak when he stopped working towards legitimate needs being met, and began working for greed. Works Cited: Leith, William. The Guardian. 26 Oct. 2002. 7 Nov. 2005. (http://business.guardian.co.uk/story/0,3604,818620,00.html) FBI quiz $750m rogue trader. BBC News.7 Feb. 2002. 7 Nov. 2005. (http://news.bbc.co.uk/1/hi/business/1803853.stm) "Rogue" AIB trader pleads guilty to fraud. BBC News. 24 Oct. 2002. 7 Nov. 2005. (http://news.bbc.co.uk/1/hi/business/2358463.stm)
