I'm told you're down. Come on, it's a trade. They're scared their head off of the appeal and they want a deal now. The judgment had to be a joke to offset the coming lawsuits from the shareholders.;;; got it? They're hanged high'n'short. It's a trade, push it, you can ask for anything if you decide to give up, they'll pay..... job money, anything....
Everybody knows with the data referential integrityof computerised accounting you coudn't hide volume.... it's still possible to be cheating and counterpass fictious transactions to reduce the apparent risk exposure but can't overwrite any;;; Let's say that with the daily overall trader's desk numbers it was impossible not to see the volume.... and therefore inquire to find out...
Byte their balls and keep it tight.
DB called more than 10 times... so guess what how many times along some internal auditor, back office have asked questions...? How many times were they turned down...?
Who are we looking for? Some having the power to turn down inquiries from both inside auditors (very silent now), able to make sure no one would follow suit trying to answer DB and eventuelly other requests we never heard of, at least interested in the volume... and might have been in situation to profit should the bet turned out to be big wins?
I guess that sometimes investigation powers for the defense can prove to be very useful?
A special for you...
You know what, you can't compare with Nick's affair. Nick did represent the Bank, he had powers Jerome never had. He was what you use to call years ago " Fondé de Pouvoir" what Jerome was very far from being.... If Nick's bet had turned out differently, he's be not just a very wealthy man, he'd become someone somewhat revered in the City, a "name" on a possible path in the forseeable future for a Sir Nick accepted behind the City's most closed doors. Jerome wasn't going to be a rich man whatsoever, not in the proportion we're talking for Nick's potentials, he wasn't going to be a "name", not even a partner in any SocGen private banking subsidiary.
Why did it come to your mind anyway? I mean to compare? Not that I think you shouldn't or that it is wrong, I just like to know.... understand the french brain.
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