Really glad to hear that. Derivatives are another league "instruments of mass destruction", a high risk - very high return strategy! What the article doesn't mention is that despite these losses, the bank still reported a three-month net profit of $4.96bn, with shares opening earlier in New York over 3% up. Ridiculous money, so I for one have no sympathy for these 'gamblers'! Report Abuse
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16-12-1838
Really glad to hear that. Derivatives are another league "instruments of mass destruction", a high risk - very high return strategy! What the article doesn't mention is that despite these losses, the bank still reported a three-month net profit of $4.96bn, with shares opening earlier in New York over 3% up. Ridiculous money, so I for one have no sympathy for these 'gamblers'!Report Abuse
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