Annualised obviously, but you raise a good point.
Haircut is $50, a pie over $6 etc many things are inflating at vastly higher rates than government figures.
Printable View
Bull, if you look back through my posts my role was all encompassing. I have never stated that all I did was prop trading. That was part of the role but as a commodity specialist it's seldom all you do is trading, energy aside.
In the latter years I ran the entire business whilst being chief revenue getter either by hedging client transactions or prop trading, besides responsible for credit, staff and various other responsibilities. Different banks I worked for the role did vary as is the nature of banking.
Using Azz is a reference is beneath you.
This thread used to be a great source of insightful posts, unfortunately lately that seems to have changed.
How about you guys conduct the phallus measuring competition somehwere else?