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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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Accidentally Released Documents Show How Goldman et al Engaged in Naked Short S | 200 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Accidentally Released Documents Show How Goldman et al Engaged in Naked Short S
Authored by: cricketjeff on Sunday, May 27 2012 @ 06:28 PM EDT
Is that an American way to spell the prefix "cess-"?

---
There is nothing in life that doesn't look better after a good cup of tea.

[ Reply to This | Parent | # ]

Accidentally Released Documents Show How Goldman et al Engaged in Naked Short S
Authored by: PolR on Sunday, May 27 2012 @ 07:52 PM EDT
Sure someone did comment of that. Here is what he said
Cut to a pleasantly warm evening in Bahrain. My companion, a senior UK investment banker and I, are discussing the most successful banking types we know and what makes them tick. I argue that they often conform to the characteristics displayed by social psychopaths. To my surprise, my friend agrees.

He then makes an astonishing confession: "At one major investment bank for which I worked, we used psychometric testing to recruit social psychopaths because their characteristics exactly suited them to senior corporate finance roles."

Here was one of the biggest investment banks in the world seeking psychopaths as recruits.

Mr Ronson spoke to scores of psychologists about their understanding of the damage that psychopaths could do to society. None of those psychologists could have imagined, I'm sure, the existence of a bank that used the science of spotting them as a recruiting mechanism.

The article contains no mention of the identity of this bank.

[ Reply to This | Parent | # ]

Accidentally Released Documents Show How Goldman et al Engaged in Naked Short S
Authored by: Anonymous on Monday, May 28 2012 @ 07:15 AM EDT
<snarky>But don't forget those bonuses because we needed their
talent.</snarky>

With talent like this, maybe we could skip it? I remember reading ages ago
about a company CEO getting hundred of millions in compensation, in a company
that was failing. I was thinking "I could drive the company into the
ground for 1/10th that!"

[ Reply to This | Parent | # ]

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