How a Wall Street Trader Blew Through $10 Million

[pikachu9]

http://finance.yahoo.com/blogs/daily-ticker/wall-street-trader-blew-10-million-195043941.html?vp=1

 

[OnClose]

Sounds like he had a good time.

 

[nkhoi]

most definitely!

 

[cactus_trader]

Quote from nkhoi:

most definitely!

ace of spades bottle lol

 

[koolaid]

He had a blast and probably doesn't regret a second of it deep down....so what have you guys done? nothing...

 

[slumdog]

Quote from koolaid:

He had a blast and probably doesn't regret a second of it deep down....so what have you guys done? nothing...

You can have a blast for $2million, you dont have to blow the whole $10mill.
But if you got an addiction to gambling or crack then its all going to go..

 

[luisHK]

Quote from koolaid:

He had a blast and probably doesn't regret a second of it deep down....so what have you guys done? nothing...

Stupid thing to say. Cocaine abuse is often more obsessive than fun, and a few years down the line emotions from even the biggest parties do fade. Waking up and raising one's kids broke , than growing older and sicker still poor, is something that will sting for much longer than some night's high.

 

[luisHK]

Besides as someone noted in the comments, didn't the wasted trader confess insider trading ? Can't he incur legal complications from doing so ?

 

[zdreg]

Quote from luisHK:

Besides as someone noted in the comments, didn't the wasted trader confess insider trading ? Can't he incur legal complications from doing so ?

no. statue of limitations.

 

[Eight]

Quote from koolaid:

He had a blast and probably doesn't regret a second of it deep down....so what have you guys done? nothing...

I'm sure that the guy in the story learned a lot, he seems to be reevaluating his value system... I'm happy for the guy because he doesn't seem too proud but he's still keeping on keeping on.