Submitted by CrackCody t3_10p5ozv in wallstreetbets
Legitimate-Source-61 t1_j6lulvw wrote
Reply to comment by Fausterion18 in Bulls: Shut up and take my money!! by CrackCody
The CEO knew the end of the boom was coming. He's been round long enough to know the music stopped way before "Spock" entered the scene. He probably was positioning his exit. Why do you think the Risk Management guy was fired? It was to keep the plates spinning a bit longer! The CEO just played along that he knew nothing. Haha
Fausterion18 t1_j6oldmk wrote
It's pretty clear from the film he wasn't aware of the issue.
Risk management guy was fired because investment banks were having layoffs in 07 and early 08 due to downturn in business.
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