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Thread: Stock Crash

  1. #41
    Coach John83's Avatar
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    Quote Originally Posted by Stuttgart88 View Post
    Societe Generale (SocGen as it's known) has just announced the discovery of massive trading losses (more than 5 billion euros) in equity derivatives due to the actions of a sole rogue trader. Closing out his positions in a sharply falling market seemed to have compounded the losses.
    Galway are rumoured to have offered him a trial.
    You can't spell failure without FAI

  2. #42
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    Quote Originally Posted by John83 View Post
    Galway are rumoured to have offered him a trial.
    LOL

  3. #43
    Seasoned Pro Risteard's Avatar
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    Any chance of a recruitment freeze in the civil service, do ye reckon?
    City definetly have the best bands playing at half-time.

    O'Bama - "Eerah yeah, I'd say we can alright!"

    G.O'Mahoney Trapattoni'll sort ém out!!

  4. #44
    Director dahamsta's Avatar
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    What we need is a "jobs for life" freeze. The policy is simply preposterous.

  5. #45
    International Prospect passinginterest's Avatar
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    Quote Originally Posted by dahamsta View Post
    What we need is a "jobs for life" freeze. The policy is simply preposterous.
    I believe certain departments have made fairly major strides in this area. Revenue has a bit of a reputation for sacking people.
    Disciplinary procedures are certainly clearer now than in the past and promotions have become more performance related, time served no longer increases your chance of promotion (at least it's not supposed to).

    Any way that's off topic.

    Back on topic:
    The end is nigh!
    Where's my parachute?
    [SIGPIC][/SIGPIC]
    Tallaght Stadium Regular

  6. #46
    Director dahamsta's Avatar
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    Oh, and can we sack half the middle managers too please?

  7. #47
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    I thought it was funny the way the French bank claimed trader used elaborate system to hide his trades. How could he hide 5 billion? His managers were sacked & CEO offered his resignation which was rejected.
    http://www.forastrust.ie/

    Bring back Rocketman!

  8. #48
    Director dahamsta's Avatar
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    Have they checked behind the fridge do you think? It's always in the last place you look, like.

  9. #49
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    Quote Originally Posted by dahamsta View Post
    Have they checked behind the fridge do you think? It's always in the last place you look, like.
    Have to one of those large American walk in fridges to hide that amount to be fair.

  10. #50
    Coach John83's Avatar
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    Quote Originally Posted by beautifulrock View Post
    Have to one of those large American walk in fridges to hide that amount to be fair.
    Depends. It could be on a debit card.
    You can't spell failure without FAI

  11. #51
    First Team Bald Student's Avatar
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    Quote Originally Posted by John83 View Post
    Depends. It could be on a debit card.
    Put 2 thousand euro each onto 25,000 credit cards and hide them in a fridge.

  12. #52
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    Quote Originally Posted by Bald Student View Post
    Put 2 thousand euro each onto 25,000 credit cards and hide them in a fridge.
    more like €2,000 on 2.5m credit cards and hide them in a fridge

  13. #53
    First Team Bald Student's Avatar
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    Quote Originally Posted by nedder View Post
    more like €2,000 on 2.5m credit cards and hide them in a fridge
    I got my millions and my billions mixed up, how embarrassing. I can see where this French fella went wrong.

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