Word: losely
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Morgan, on the other hand, estimated the most it could lose on its daily trading desk on any given day was $114 million, or less than half of what Goldman could lose. And Morgan is in the process of eliminating nearly all of the trading it does for its own account, which means how much it risks in the market each day should continue to drop...
...past year, Goldman has dramatically ramped up its trading desk. That move has led to big profits in the past year but the firm has also opened itself up to bigger losses should its traders get things wrong. Based on its trading activity now, Goldman says it could lose as much as $250 million in a day should its bets go wrong, up 30% from a year ago. What's more, even though Goldman has become a bank holding company, like Morgan, it has done little to begin to attract more deposits...
...when the bank's traditional investment-banking operations seem to be shrinking. Overall, Morgan has lowered its payrolls by 8% in the past year, but its ranks of investment bankers have fallen by a slightly steeper 10%. And in underwriting, a key investment-banking business, Morgan has continued to lose ground. Through the first six months of this year, Morgan ranked as the sixth largest underwriter of stock and bond offerings, down from fourth two years...
...exercise machines, there is no real place for any victory other than one over your own self. There’s nothing to lose in working out (except maybe weight); even though the person on the treadmill next to you might have hit the five-mile marker first, your own run was still a successful step on the path toward good health. It should be met with a sense of accomplishment, not defeat...
...When you lose a lot of veterans, you lose old rivalries, [which] I feel were a little stagnating,” Flores said. “[New members] bring us a whole lot of energy and important outsider perspective that we always need...