Institutional trader makes 100mil/year, what does it mean?

gluttonousMoose — Wed, 16 Apr 2008 22:08:32 -0400

http://money.cnn.com/2008/04/16/news/companies/Boyd_BearPoaching.fortune...

quantitative tools/frameworks implemented in the industry

gluttonousMoose — Thu, 10 Apr 2008 00:18:17 -0400

Is there a standard set of pricing tools/frameworks/engines used at hedge funds to model securities? Or do firms pretty much write all of their own implementations of Black-Scholes/swaps pricing/binomal trees, etc? I'm not talking about commercial APIs like for Bloomberg or MD-Trader but I would assume those are used heavily anyway.

What Bear Stearns could have done to prevent its own destruction

gluttonousMoose — Fri, 04 Apr 2008 01:20:37 -0400

didn't know where to post this, so just posted it here. I know it has been touched upon in other places but I wanted to focus on the details.

What could BSC management have changed about the way they do business in the last several quarters in order to prevent the collapse that occured?