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A decrease in the portfolio value is apparently due to losses incurred during the "incorrect" trades.
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Included in its estimates are ill-gotten wealth from purposefully incorrect trade invoices, the use of shell companies and tax havens and other accounting gimmicks.
It was just more than a year ago that Knight Capital, a large market maker in Nasdaq stocks, suffered significant losses when its computer system caused numerous incorrect trade orders to be submitted.
We argue that conventional banker wisdom is incorrect: proprietary trading had a great deal to do with the crisis and it also contributes significantly to major bank revenue.
However, domestic information on chemicals provided by domestic information providers has problems including differences in basic content and incorrect recording because of trade secrets.
Finally, the president stated that his previous assertions that the U.S. did not trade arms for hostages were incorrect: "A few months ago I told the American people I did not trade arms for hostages.
Cassel's view is, strictly speaking, incorrect, because not all goods are internationally traded.
There is a trade-off between precision and incorrect ranks among the examined classifiers.
But it is clear that the proudly contrarian, politically incorrect, potty-mouthed guy from the Wall Street trading floor still lurks close to the surface.
The use of real television footage of the 2001 attacks on the World Trade Center is controversial, and definitely politically incorrect.
And this notion that somehow our data is different and can be walled off from those other trade-offs we make, I believe is incorrect.
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