Bad apple: Difference between revisions

634 bytes removed ,  18 January 2023
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| [[Enron]] ||Jeff Skilling<br>Ken Lay<br>Andrew Fastow || Fortune Journalist Bethany MacLean<br>Short-seller Jim Chanos || _______ || _______  
| [[Enron]] ||Jeff Skilling<br>Ken Lay<br>Andrew Fastow || Fortune Journalist Bethany MacLean<br>Short-seller Jim Chanos || _______ || _______  
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| [[Madoff]] || Bernie Madoff<br>Fairfield Sentry<br>The [[SEC]]||Option Trader Harry Markopolos <br>Barron’s Journalist Erin Arvedlund || _______ || _______  
| [[Madoff]] || [[Bernie Madoff]]<br>[[Fairfield Sentry]]<br>The [[SEC]]||Option Trader [[Harry Markopolos]] <br>Barron’s Journalist Erin Arvedlund || _______ || _______  
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| [[Barings Bank|Barings]]|| Nick Leeson<br>Peter “not terribly difficult” Baring || Er || _______ || _______  
| [[Barings Bank|Barings]]|| Nick Leeson<br>Peter “not terribly difficult” Baring || Er... || _______ || _______  
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| [[Archegos]] || Bill Huang <br>Co-heads of Prime Brokerage, everywhere || Junior credit officer || _______ || _______  
| [[Archegos]] || Bill Huang <br>Co-heads of [[PB]], everywhere || Junior credit officer || _______ || _______  
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| [[FTX]] || Sam Bankman-Fried<br>Caroline Ellison || Matt (So it’s a ponzi scheme?) Levine || _______ || _______  
| [[FTX]] || [[Sam Bankman-Fried]]<br>Caroline Ellison || Matt (So it’s a ponzi scheme?) Levine || _______ || _______  
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| [[WireCard]]||  Markus Braun<br>Jan Marsalek<br>[[BaFin]]|| FT Journalist Dan McCrum<br>Internal lawyer Pav Gill<br>Short-seller Matthew Earl  || _______ || _______  
| [[WireCard]]||  Markus Braun<br>Jan Marsalek<br>[[BaFin]]|| FT Journalist Dan McCrum<br>Internal lawyer Pav Gill<br>Short-seller Matthew Earl  || _______ || _______  
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====Before the fact====
*'''Heroes''': Nick Leeson, Jeff Skilling, Ken Lay, Andrew Fastow, Jérôme Kerviel, [[Kweku Abodoli]], Elizabeth Holmes, Arif Naqvid, Charlie Javis, Jo Lo, Bernie Madoff, Sam Bankman-Fried.


*'''Bad apples''': Fortune journalist [[Enron Corporation|Bethany MacLean]] (Enron). Contrarian hedge fund trader [[Collateralised debt obligation|Michael Burry]] (Subprime). Madoff whistleblower [[Harry Markopolos]]. FT journalist [[Wirecard|Dan McCrum]] (Wirecard). The formalist system systematically ignored them, fired them, tried to put them in prison.
The [[JC]]’s view: the “bad apple” concept is not a good one if the virtue of one’s applehood is only apparent in hindsight.
 
====After-the-fact====
*'''Heroes''':  ______
*'''Bad apples''': _____
 
 
The JC’s view: the “bad apple” concept is not a good one if the virtue of one’s applehood is only apparent in hindsight.
{{sa}}
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*[[Human error]]
*[[Human error]]
*{{fieldguide}}
*{{fieldguide}}
*[[Rumours of our demise are greatly exaggerated]]
*[[Rumours of our demise are greatly exaggerated]]