Monthly Archives: March 2011

Nuclear Power: Dueling Perspectives

Perhaps not diametrically opposed but nonetheless… The first, courtesy of Zero Hedge, entitled “PoWeR CoRRuPTs; NUCLEAR POWER CORRUPTS ABSOLUTELY” The second, courtesy of The New York Times, entitled “At U.S. Nuclear Sites, Preparing for the Unlikely” The titles … Continue reading

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The Lincoln Laywer

I posted my take on The Lincoln Lawyer on The Huffington Post as my take is a book review of sorts. Of course you could just read the complete version I posted on (under the “Experiments” tab), but my … Continue reading

Posted in Links to my Work | 1 Comment

Deutsche Bank to Pay Damages Over Swaps

(Reuters) – Germany’s top appeals court has found Deutsche Bank liable for damages on high-risk interest rate swaps it sold, a landmark decision that could set off a wave of other claims. The judge, summing up the client’s abilities: “Just … Continue reading

Posted in Financial Links | 1 Comment

Legerdemath II: Anatomy of a Banking Trick

Published with Q&A in Wall Street Oasis and in Zero Hedge In my previous article, “Legerdemath: Tricks of the Banking Trade,” I made brief mention of Treasury-rate locks: Most brazenly, we taught clients phony math that involved settling Treasury-rate locks … Continue reading

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Legerdemath: Tricks of the Banking Trade

Originally published in the Jan/Feb issue of Boston Review In the spring of 2000, I began a three-year stint on Citigroup’s corporate-derivatives team. I was just months past my twentieth birthday, with no work experience to speak of, in a … Continue reading

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Who Am I?

While I don’t like to admit it, I am a former derivatives banker…but please, call me Omer. My first-person account of corruption in the world of derivatives, “Legerdemath,” was published in the January issue of Boston Review. If you’re not … Continue reading

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