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One example is the trading fiasco I described above, but there are countless others: In one incident, a salesperson “tricks” a trader into executing a trade that would hurt the bank’s P&L solely to help a client – and a senior manager listens to the entire conversation and lets it go through. This would never happen in real life.
Ive said before that nothing on this site is meant to be investmentadvice. That said, my annual investment/market updates always get a lot of traffic, so I thought it might be interesting to follow up on this years update with more of an advice article.
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