Friday, December 21, 2012

Kweku Adoboli’s Colleague Couldn’t Help But Admire The Cojones It Took To Lose UBS $2 Billion




Dealbreaker's own Bess Levin writes: Not everyone would have the balls, but Adobli did and for that he deserved props.

In confronting the daily turmoil of the markets, [Adoboli and John Hughes, Adoboli’s colleague] had become brothers in arms. They dubbed Bertrand, an intense Frenchman with movie star looks, “Bateman,” after the serial killer investment banker in the 2000 movie American Psycho. Hughes admired Adoboli’s appetite for high-risk trades and called him a “legend” in the countless online chats they shared. “I’m glad there’s someone behind me with the balls of Jericho,” Hughes wrote to Adoboli in early 2011. “I love your testicles.”

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