Asher, do finserv IT people really get paid this little?

[KrazyHorse]

Yes, but it doesn't sound like they were part of any real system either. Managing the assets of a subset of a small firm's clients, it sounds like.

???

That's not how a hedge fund works...

[Asher]

Yeah, I misunderstood the article while skimming it.

[KrazyHorse]

I admit that it mentions the broker-dealer arm, but I bet that the fraud was on the in-house trades, not on individual client accounts (assuming they even existed)