Re:Ex-French trader must pay $6.7 billion for fraud
by tfh on Wednesday October 06, 2010 @03:16AM
(#1763059)
> It would appear that the French government is opting for gaol time and enormous fines to make individual traders act responsibly, even when their employer refuses to.
It's difficult enough to find a job as a trader now.
The banks would simply choose the traders with the most risk taking potential.
I personally think it's a step in the wrong direction. It's the employer who has to be made act responsibly, not the individual traders.
It's difficult enough to find a job as a trader now. The banks would simply choose the traders with the most risk taking potential. I personally think it's a step in the wrong direction. It's the employer who has to be made act responsibly, not the individual traders.