2 words:
File Segregation.
1 word:
Illegal
2 words:
Virtually undetectable.
File Segregation.
1 word:
Illegal
2 words:
Virtually undetectable.
Can Bankruptcy Hurt You as a Trader?
- Thread starter mbay
- Start date
Well the reason I said that is because I think it's naive when guys think someone's deposit is some kind of a safe buffer. I was not trying to be a dick. All a deposit is suppose to do is keep a guy in check. It's not a put on a guy's p&l.
It's searchable under my name. Just do a search for Don Bright and my name. Don mentions me a lot. I have him on my payroll.
The whole point, I believe, that is trying to be made here is that a bankruptcy is going to be a black mark. To some people that might be an instant disqualification and others might demand a very thorough explanation. In any event, its not going to appear well.
Personally, if I was going to consider a person for a position of trust, I would want all of their records to be clean. Driving, criminal, credit, etc. Even if there were other mitigating factors involved, a bankruptcy is a bankruptcy...
Ive been burned in the past in dealing with people who had less then spotless records. The bottomline is that you shouldnt trust someone whose past record does not demonstrate responsibility.
I cannot sit here and buy the fact that a person's bankruptcy is not their own fault. Actually, I would seriously distrust a person if they told me that the bankruptcy was not indeed their own fault. Of course its their fault even if their wife attributed heavily to the situation.
Your the Captain of your financial ship. Even if you were sleeping in the bunk when the first mate grounded the vessel, its still your fault. The Captain is responsible for all things on his financial ship.
Personally, if I was going to consider a person for a position of trust, I would want all of their records to be clean. Driving, criminal, credit, etc. Even if there were other mitigating factors involved, a bankruptcy is a bankruptcy...
Ive been burned in the past in dealing with people who had less then spotless records. The bottomline is that you shouldnt trust someone whose past record does not demonstrate responsibility.
I cannot sit here and buy the fact that a person's bankruptcy is not their own fault. Actually, I would seriously distrust a person if they told me that the bankruptcy was not indeed their own fault. Of course its their fault even if their wife attributed heavily to the situation.
Your the Captain of your financial ship. Even if you were sleeping in the bunk when the first mate grounded the vessel, its still your fault. The Captain is responsible for all things on his financial ship.
It's all good cop/bad cop. I own Don.
