Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009)
by yummyfajitas on Monday February 09, 2015 @09:13AM
(#9021187)
A bank might make a $20M loss on trader A's strategy but a $10M gain on trader B's strategy, for a net loss of $10M. Then trader B gets a bonus and the company that lost money is giving out bonuses.
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