Our Delicate Financiers

Bankers, on hearing the news that they might not be guaranteed millions just for showing up at their desks, reacted thus:

Over the Counter claims that “working in high finance is not a job for the faint-hearted” (real quote).  Besides the obvious risks of paper cuts and ergonomic discomfort, there is the ever-present possibility of not being lionized for simply following the formulas handed down by one’s B-school professors.

Man up, bankers.  Shipbreaking in Bangladesh is not a job for the faint-hearted.  Being a single mother working double shifts so her kids have a chance of escape is not a job for the faint-hearted.  The bad faith and undiluted cowardice among the overeducated, overpaid wilting flowers of Western society is hard to bear.

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Jared Woodard specializes in trading volatility as an asset class. With over a decade of experience trading options and other volatility products ... Read More


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