@@@@@ while elbows either furnish birds, the oceans often neglect away from the planned blacks @@@@@

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1 total messages Started by francois.grieu Fri, 20 Jul 2007 21:14

#5615

Author: francois.grieu
Date: Fri, 20 Jul 2007 21:14

29 lines
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executing the transactions. During
:  the day, these trade logs are passed to data input personnel, who then enter
:  the trades into AAAA.  (AAAA is designed to support direct on-line entry by
:  Traders, but is not used in this manner on the Emerging Markets Desk.)
:  AAAA feeds BBBB at the end of day which in turn feeds relevant downstream
:  Salomon systems. AAAA also feeds the CCCC system, which is maintained as
:  a stand-alone second level sub-ledger that provides functionality and
:  records data not otherwise available. The first level sub-ledger on this
:  Desk is DDDD.
:
:  PROCESSING
:  ----------
:
:  All transactions in AAAA should be confirmed orally with counterparties by
:  the end of trade date by checking to AAAA.  All trades where AAAA and EEEE
:  require
[final snip]
 
It was a LONG "Salomon Internal Audit Division" document, highly detailed,
including historical background info.

This document could be damaging in the wrong hands.
 
This looked like a Dumb-and-Dumber category transfer.

********** end excerpt from 'Corruption at Salomon Brothers' **********


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