What was the outcome for the BNP trader who lost $19 million?
Former BNP Trader Wins $1.4 Million in Unfair-Dismissal Lawsuit

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He was banned from trading for life.
He was promoted within the company.
He was awarded $1.4 million by the court.
He was jailed for financial misconduct.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the Morgan Stanley incident differ from the BNP case?
The loss was smaller at Morgan Stanley.
Morgan Stanley traders attempted to cover up the loss.
Morgan Stanley had no financial loss.
The court ruled in favor of Morgan Stanley.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is notable about Morgan Stanley's trading history according to the transcript?
They rarely experience large trading losses.
They always cover up their losses.
They have never had a trading loss.
They frequently have outsized trading days.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What recent trend is observed in trading losses post-crisis?
Losses have become larger than pre-crisis levels.
All banks have stopped trading activities.
There are no trading losses post-crisis.
Losses are happening at a reduced scale compared to pre-crisis.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of unwinding the Volcker Rule?
Banks may take on more risk.
Banks will face no more losses.
Banks will stop trading altogether.
Banks will increase their legal fees.
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