Kev (guest) meinte am 2. Jul, 19:41:
Crappy Bloomberg
The Bloomberg links never work due to their stupid (or purposeful...) HTML adressing scheme which includes Session ID and other user dependent data, even a link from a Google search is rotten.
Mahalanobis antwortete am 2. Jul, 20:56:
Vega
But don't miss the article, it has some really good quotes:
Pasciucco’s first goal when he took over AIGFP was to exit the riskiest trades. He points to the portfolio’s gross vega, a measure of risk that in its simplest application gauges the dollar impact of an increase in volatility [by 1%]. Vega, Pasciucco explains, was down 38 percent as of May 12, to $770 million from $1.25 billion.Helmut Elsner, Jérôme Kerviel, Joe Cassano... it's always those (former) back office guys who mess it up ;-D.
