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Old 10-25-2012, 12:45 PM
Clip-Clop Clip-Clop is offline
The Curragh
 
Join Date: Oct 2006
Location: Manningtown, Colorado
Posts: 2,727
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Quote:
Originally Posted by jms62 View Post
I believe he is referring to highly leveraged derivatives trading using your companies (Shareholders) money when your bonus is based upon a percentage of profits earned. Upisde is tens of millions and the downside is oops and a loss of your job with no bonus.
I'd make that bet all day long. Back in the day Wall Street firms were Partnerships and Partners Money was at stake
Those were the days! I knew what he was after I just got a kick out of the high upside/low downside, yet very risky.
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