News for hackers. Stuff that matters.
Re:$7.1 Billion Fraud - Could Be The Largest Trading Fraud Ever by jakewolf on Thursday January 24, 2008 @11:21AM (#103530)
Never trust a trader who only has 4 friends on facebook.
Re:$7.1 Billion Fraud - Could Be The Largest Trading Fraud Ever by kirubakaran on Thursday January 24, 2008 @11:56AM (#103564)
It might also help to be wary of those 4 friends.
Re:$7.1 Billion Fraud - Could Be The Largest Trading Fraud Ever by anaphoric on Thursday January 24, 2008 @07:29PM (#103871)
Boy he really screwed the pooch on that one. LOL!

He was described as "a fragile individual, with no particular genius who was facing family problems." That describes the majority of people I know! Somehow though he weaseled his way into the center of operations.

The big question is was it incompetence (i.e. doubling down to cover earlier losses) or was it sabotage. The press says it was not for personal gain. He made a salary under 150K USD.

Re:$7.1 Billion Fraud - Could Be The Largest Trading Fraud Ever by simianstyle on Thursday January 24, 2008 @11:50AM (#103561)
Anybody ever read "Ugly Americans" by Ben Mezrich? This reminds me of that. (BTW - he was the guy that wrote "Bringing Down the House")
Re:$7.1 Billion Fraud - Could Be The Largest Trading Fraud Ever by Ztrain on Thursday January 24, 2008 @01:58PM (#103663)
White Collar Crime exposed by an insider: http://smartstartup.typepad.com/my_weblog/2008/01/business-b...