(Joe Nocera writes that senior managers who had come up through commercial banks, like Dennis Weatherstone, J. P. Morgan's chairman at the time that VaR took off, were especially concerned: they were accustomed to managing the risks posed by lending to consumers and companies, but they needed help understanding the risks posed by these newly invented trading operations).
And we aren't even debating YOU; we are just debating the caricatures of you we have invented, trading jibes about you amongst ourselves.
Enron effectively invented energy trading, and some companies have tried to distance themselves from Enron by playing down the importance of their trading operations.
Forbes: So in essence, you just invented a trading system.
All these financiers who invented and traded dubious products without providing full transparency and cheated the regulators -- they should be blamed as well.
Together we set-out to re-invent online trading with a great gamified trading app, making trading incredibly easy and above all, great fun," he says.
"We set-out to re-invent online trading with a great gamified trading app, making trading incredibly easy and above all, great fun," Bortot told me in September.
While there are thousands of C.I. generic names, each manufacturer can invent a trade name for a given colorant, and, consequently, there are more than 50,000 names of commercial colorants.
An Ismaili Muslim from Kutch in India, the great Allidina Visram (1851-1916), more or less single-handedly invented the retail trade in Kenya.
In fact, that's why the President George H. W. Bush administration invented cap and trade as a free market alternative to government regulation of pollutants.
