Job moves
QUOTE OF THE MONTH: - “Few regulators really understand derivatives... That’s not their fault, many of us don’t either” A London forex trader commenting on AIB’s $750 million loss. Source: The Mirror, February 7
UBS Warburg is attempting to resurrect Enron’s energy trading business under the leadership of Greg Whalley, Enron’s former president and chief operating officer. UBS Warburg Energy, as the new unit is called, has 125 traders covering gas and electricity derivatives, out of a total of 625 ex-Enron employees.
Whalley was tipped to take the chief executive role at Enron, following Jeff Skilling’s resignation in August. It was widely reported that he was
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