Risk vs. Rewards: A case of Mr. Shah’s very bad judgment!

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According to the Financial Times, Citigroup’s head of high-yield bond trading for Europe, the Middle East, and Africa has been suspended for routinely not paying for food in the company‚Äôs cafeteria. Questions: How much was the trader routinely making at Citigroup? Why was Mr. Shah such an important trader for Citigroup? Who was the other… Read more »