March 22nd in City News, Scandal, Trader by Editor .
The Broken Trader
They say you make your own luck…
In this case, quite the reverse.
The Sydney Morning Herald recently reported this rather depressing story about a trader who lost his way and almost everything else in the bargain…
Fallen trader has run out of options
WITH the legitimate bonus he received in 2008, the ambitious, young Macquarie Bank fund manager known as ”Osy” splashed out on a Porsche 911.
Living in London in his early 30s, Oswyn De Silva was Macquarie’s joint head of global property securities and an associate director earning a base salary of £130,000.
”It had been a pretty good year,” he told the NSW Supreme Court this week. ”Basically one of the best on record.”
Not Monday morning cheer.
