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by jussij
5060 days ago
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> I'd love to know what qualifies you to throw a word like incompetence around here. I'm not sure what other word you could use. Total stuff maybe? > So given the choice of taking a cash hit (a potentially short term affair), or a reputation hit (a much longer term and most likely fatal affair), it's entirely possible Knight knowingly made the right decision. Except thanks to their competence they have taken a massive cash hit and their reputation lies in tatters. I suspect the damage to their reputation is so bad they will be lucky to survive. |
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Most of the brokerages who routed elsewhere last week were back using them as of Friday.