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You can be sure an entire concatenation of people up the reporting line from the poor fellow who pushed the buttons to — well, the Chief Risk Officer and ultimately Citi’s CEO — were handed their pink slips, but we ask — given the absurd kit the poor fellow was expected to operate, was the error really, in a meaningful way, the individual’s? | You can be sure an entire concatenation of people up the reporting line from the poor fellow who pushed the buttons to — well, the Chief Risk Officer and ultimately Citi’s CEO — were handed their pink slips, but we ask — given the absurd kit the poor fellow was expected to operate, was the error really, in a meaningful way, the individual’s? | ||
By the way, we learn here that “wash accounts” are still a thing: they’ve been causing trouble since Nick Leeson’s time. [[JC]] is formulating another of his nascent hypotheses: | By the way, we learn here that “wash accounts” are still a thing: they’ve been causing trouble since Nick Leeson’s time. The [[JC]] is formulating another of his nascent hypotheses: | ||
{{Quote|''If you need an error account as part of your [[business as usual]] operational setup, '''you are doing it wrong'''.}} | {{Quote|''If you need an error account as part of your [[business as usual]] operational setup, '''you are doing it wrong'''.}} | ||
{{sa}} | {{sa}} | ||
*{{Fieldguide}} | *{{Fieldguide}} | ||