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Lost 9 Billion Dollar in Trade

NazdGT

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Howard Hubler III, known as Howie Hubler, is an American former Morgan Stanley bond trader who is best known for his role in the single largest trading loss in history.

He made a successful short trade in risky subprime mortgages in the U.S., but to fund his trade he sold insurance on AAA-rated mortgages that market analysts considered less risky, but also turned out to be worthless, resulting in a massive net loss on his trades.

His actions directly resulted in the loss of roughly US$9 billion during the 2007–08 financial crisis.
 
mortgages, betul2 buat duit atas angin dia orang ni, kene macam ni baru padan sekali,

citer The Big Short berkisar pasal crisis mortgages ni
 
Ekonomi wat hal time tu...mmg rugi mengejut
 
fuhh lejen nih..mana gambar sebenar beliau?
 
beli jual swap ke ape dalam big short tu.
 
Aku ingt kn lost & popit plg tgi dlm sejarah bnm ngan soros...
Bnm loss 5-6 bilion...
Soros popit 4-5 bilion...
Bnm long soros short...
 
apa ada hal company yg rugi

masa tu die kena pilih nak resign ke nak kena pecat. blah pun dpt duit pampasan lg. bkn blah kosong je
 
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