FSA bans credit trader for mismarking

By Mike Peterson

Wednesday, April 29, 2009

FSA bans credit trader for mismarking

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TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 14 years ago [2009-04-29 14:55:50]

If 35k and two years leave fit the $8.6mm mismarking crime, what's the punishment for the $XXXbn collectively mismarked positions of the credit industry? I suppose the current state of the credit market is the answer - but the punishment is socialized in this case!

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