Showing posts with label Financial Engineering. Show all posts
Showing posts with label Financial Engineering. Show all posts

Friday, April 24, 2009

Hindsight Forethought

Mornin',

Yesterday for me was 22 years ago.
After 9 years on the CBOE as a book clerk
I began work as an Arb Clerk for a market maker firm.
 
Paul Volker Head of the Fed
announced his retirement,
 the Dow dropped 30 points
I sold  7 SPU's at the market instead of 1.
It was a $17,000 error 
which was greater than my projected salary for 1 year
I was given 1 weeks severance after 1 week of Arbing.
My salaried life was over
and  I 've been bouncing around ever since.  





From
 Charlie Rose 
October 16, 2006
via
 Google Video


Segment 1: Paul Volcker, former Chairman of the Federal Reserve discusses his new book, "Good Intentions Corrupted: The Oil for Food Scandal and the Threat to the U.N." Segment 2: We conclude with Nandan Nilekani, CEO of Infosys.«




From Columbia University in New York, NY
: Economic Recovery Advisory Board Chairman Paul Volcker
 Speaks (Bloomberg News)
February 20, 2009
via You Tube



Reflections


Peter Lott Heppner