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saucoidev

Re:Credit Suisse Takes $4.7B Hit on Archegos Meltdown on Tuesday April 06, 2021 @10:11AM (#26711960)
I agree but i this is still playing the same game, and it's the rules that need changing

There is a system set up which incentivizes your employees to screw over their own company, by taking more risk than they should, frontrunning their own clients, etc. And it necessitates setting up your own internal police (compliance, risk) just to make sure they don't get too out of hand.

There are personal incentives there for the IB people to try to outsmart and get something past risk, or avoid getting caught by compliance, not to try to do what's best for the company or their client

Wouldnt it be trivial to detect? Trying to link the reported symptoms to this instead of actually measuring it seems like guesswork
Re:Edward Snowden on The Joe Rogan Experience [video] on Wednesday October 23, 2019 @03:02PM (#21337731)
He exposed illegal actions by the government, and as far as i know there hasn't been a trial for that, just a flurry of laws passed to justify what was done after the fact.

What can you do, when the institution you should report illegal acts to, is the one perpetrating them?