3 ms·

Well, the catch is that most people who blow up will never again smell a high paying job in finance. It's not like 9/10 of the people who blow up just restart t

Well, the catch is that most people who blow up will never again smell a high paying job in finance. It's not like 9/10 of the people who blow up just restart the casino at another firm, they simply never see the trading floor again except for what they do in their personal account.

expertentipp 4y ago
> they simply never see the trading floor again Who maintains this blacklist, is there a way to preview it?
- SvenL 4y ago
  I think the normal process is to check the cv and ask any previous employer about performance.
  - expertentipp 4y ago
    With such a due diligence in hiring how come all these catastrophes keep on commencing...
    - brianwawok 4y ago
      As an individual trader, you are incentive to be risky. Take a big risk and make your company go bust? Maybe you lose a job. Take a big risk and make 1B? You are getting a fat bonus check.
  - nradov 4y ago
    No. Previous employers do not release any information about a trader's results. The only way that hiring managers can find this information is through personal contacts (or news stories if the blow up was really spectacular).