[groanup]

I have worked on several trading desks and have been present at least three times when hanky panky was going on. It was always right under somebody's nose. You mumble a trade into the phone and put the documentation in your desk. You bribe a margin clerk to misprice your position. Happens all the time but only makes the headlines when it's huge.

[TonyS6]

Perhaps. But what about the head of the group who is responsible? I mean, $30 million inappropriate markup is not something that happens overnight. Some one was reviewing the books and had to agree with the numbers over a period of time.