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What, exactly, is a "predatory" or "manipulative" hedge fund? Is it hedge fund that is acting illegal? Then fine - there are plenty of those. Is it one that offends your moral or ethical view? I'm sure there are those as well. But why in the world is CDS special? I mean, options allow equity...

As much I love the Economist, I find this a little sensationalist. It's a big "so what". Creditors (or other stakesholders) disagree with a course of a bankruptcy work out? That's neither new nor surprising. Keep in mind, in most chapter 11 cases, the cram-down provisions of the law make equity...

You know, it's funny - I clicked the link and expect to find some cheesy self help book that makes your "stop taking shortcuts" comment ironic.... but you know, this book looks very interest and the reviews (assuming they are real) are too; Think I'm going to pick it up

This is good advice. A recruiter that is worth your while will find you, not the other way around. It is certainly easier to get hired via a recruiter. I personally think it's because a good recruiter does a decent job of screening and have better reach than you.

In the 150k+ category of jobs, the headhunters are fairly "professional" but with their own code of ethics that you may or may not find agreeable. What he said to you is fairly normal. Moreover, I don't think it's particularly slimmy. It's a fair point. Okay, here's a pro tip - never be...

Indeed - and I'm not even so sure I can come up with an example of an idiot misusing the product; counterparty risk that took down AIG in their CDS and CDO trades (mainly CDO trade) exist in any form of margined trades; Tighter margin requirements (I for one agree that the days that AAA...

CDS settlement on default is parallel; It runs its own process and doesn't depend on the outcome of the bankruptcy proceeding. I'm not sure what the whole "CDS is the devil" business is about. It's just another derivative, nothing more complicated or different than equity options; And while...

I have no problem with bankruptcy. But I have no idea what you are talking about. If you want to hold up a bankruptcy proceeding, you only need to buy bonds or stocks in some size; CDS protection sellers, though replicate the exposure of a bond, doesn't get a seat at the table. This is...

Front office quants and quant/traders straight out of school (phD included) don't start higher than $250 usually. In fact, a quant/tech role might end up in the high end of that range while a quant/trader role starts at the lower end; but of course, the numbers will change quickly over the year...

Not true. The "physical settlement" short squeeze aspect played out in 2005. There's a cash-auction settlement protocol since. There hasn't been any short squeeze from settling defaulted names in a LONG time. If anything, the fast cash settlement process actually priced the recovery value of...

"unlinked from cash settlement values" - I have no idea what this is supposed to mean. Equity, in many ways, is far more opaque than almost any derivative. It's value is linked to an invisible future earning stream. Derivatives, at least, are priced on (mostly) observable assets. The problem...

For every CDS protection buyer there is a CDS protection seller... In fact, in the standard industry terminology, when you "buy" (or go long) a CDS, you are betting that the company will not fail.... so I fail to see how CDS investors as a whole want companies to fail. That being said, there...

You are a walking example of a text book fringe lunatic (doubly so, because undoubtly you must be the apollo landing is a hoax).

Of course you are free to express your opinion on anything. Hell, I'd died to protect your right for doing so. That being said, you do show a complete lack of ability to focus on your own topic at hand. I question your sincerity on that basis alone. You may also find that the SEC has very...

Let's get one thing clear, first off, I am not giving you any legal advice. Just because you find the relevant regulations hard to understand doesn't mean they aren't there for a reason. Also, for your information, CFTC isn't the only one that regulates the format of a "small hedge fund". You...

I'm not saying your unethical. In fact, your behavior contrasts very favorably to the load of others who show up here from time to time asking the same type of question. The problem isn't that you are unethical, it's that you are unaware of your ethical obligations and your legal obligations; It...

First, brokers can cold call because they are licensed - and they can only cold call about certain registered products (mutual funds, exchanged traded stocks); they can't cold call to pitch a hedge fund, for example. Second, if you know someone and are reasonable assured of their...

Because not everyone here want to give you "advise" that'll lend you in hot waters with the regulatory agencies. There's a classic case in securities reg where some bozo did exactly that - he cold called every doctor out of a yellow pages. Guess what - the judge ruled that it's not allowed and...

This guy has bricks for brains; most places aren't financial institutions with regulatory mandates. What a joke. Mod: shouldn't this thread be in chit-chat? It has zero bearing on "career trader" since this guy doesn't (and can't) have an actual career in finance and he doesn't appear to be...

And a real lawyer will tell that what happened to you is not "legally negligence" and "emotional distress" is not an actionable cause (it's a damage that requires an actionable cause to be... well, actionable).