Wednesday, June 30, 2010

Big Oil

An oil commodities broker in London went on a 3-day drinking binge and bought 7 million barrels of oil from his home computer at 2 a.m. At first he lied about it, then confessed he didn't remember doing it. It took him only 2 hours to create a $10 million loss for his company. He was fired, fined, and barred from working in the field for 5 years. The man is now enrolled in an alcohol abuse program in Switzerland.

http://www.dailymail.co.uk/news/article-1290577/City-firm-PVM-Oil-lost-6m-drunk-broker-bought-7m-barrels-crude.html

No comments: