JAI SHAH BIG ESSAY 2

The investor takes risk by allowing the trader to

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: is this trait that we see in main characters, who are financial traders working for a bank during the onset of the 2008 financial crisis, in the movie Margin Call produced by J.C Chandor. A trader is somebody who buys and sells goods, currency or stocks with the aim of making profit for his or her investor. The investor takes risk by allowing the trader to control his or her money and thus he or she have a moral obligation to look after their client’s money. Because of significant commission based pay by banks, traders are encouraged to make as much money for their client as possible. This may seem logical, but traders often have more information about the good that they are selling or buying and so are able to exploit this knowledge for money. In essence, they are able to p...
View Full Document

This document was uploaded on 03/02/2014.

Ask a homework question - tutors are online