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Re: sometimes_right post# 7351

Friday, 04/28/2006 4:35:16 PM

Friday, April 28, 2006 4:35:16 PM

Post# of 115222
I agree, chump change, but consider that the decisions are often made on the fly and in response to constatntly changing market conditions. Although $1 million may be chump change for the firm, the individual actually transacting as MM has an account that has to be balanced, and a $1 million loss within that account is probably a career ender. If the decisions were made with the consent of the team manager, then two careers might come to an end, or at least cease upward movement. IMHO

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