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© 2011 AFPNomura plunges into red amid market turbulence
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The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2011 AFP
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globalwatcher
Very concerned.
I was not too excited when Nomura dicided to buy part of Lehman. They bought a junk. IMHO, they did not do a good underwriting before making that decision. Nomura, you were used as a sucker. Too bad.
lachatamber
ouch! that hurts! but I'm sure things will get better for them eventually.
Cricky
The experts have no idea, really. If you gamble most of the time, you empty your pockets (the house wins) Mr/Mrs average are shafted, thanks for the hard work....bye
sumgai
Cricky: experts actually do know what they are doing, by definition. People are naive in thinking that a suit and an ivy league education means anything when trading the markets but that's why it is so great - you are judged only by what you do, not where you come from. Most of the real experts are independent traders (who you never hear about as they don't wear a suit) or people working for a few firms that actually manage to be profitable every year.
Of course I realize trading only accounts for a small portion of Nomura's business.