The fundamental principle is to trade risk for profit, although profit can refer to any gain in perceived value rather than strictly monetary gains ( as a consequence of the subjective theory of value ).
22.
E-mail messages sent months before Murphy was dismissed show that he and other Williams employees repeatedly and urgently warned Williams executives that the company had to reduce its trading risks, especially with shaky counterparties like Enron.
23.
"You've got management that doesn't know as much as the people they are managing, " said Richard Schechter, mangaging director of Aesop Systems L . P . of Chicago, which develops software for trading risk management.
24.
The company suffered considerable losses when the California utilities crumbled and when Enron filed for bankruptcy protection, said Murphy, who was in charge of developing financial instruments to mitigate Williams'trading risks until he was dismissed in December 2001.
25.
The Office of Strategic Trade provides CBP with a national strategic perspective on trade, supports partnerships with the trade community and domestic industry, manages a regulatory audit program, and designs strategies that will enable CBP to address trade risk.
26.
Deryck C . Maughan, chairman and chief executive of Salomon Brothers, called the results " excellent " and said the firm's objective " is to build underwriting and advisory revenues and to maintain effective control of our trading risk ."
27.
The subsidiaries, Bear Stearns Financial Products Inc . and Bear Stearns Trading Risk Management Inc ., will let customers buy derivatives contracts that could be cash-settled or reassigned to another manager in the event of financial problems at Bear Stearns.
28.
That report showed that the majority of the company's business came from insuring international trading risks associated with the delivery of metals and metal products involving the insurance company's former parent, and current 22 percent owner, Equihot Delfstoffen NV of Belgium.
29.
"Some people are expecting the tropical disturbance to come into producing areas off the Louisiana coast and possibly disrupt some of that supply coming on shore, " said Scott Connor, trading risk manager at KCS Energy Risk Management Inc . in Houston.
30.
One week before George W . Bush's now-famous sale of stock in Harken Energy in 1990, Harken was warned by its lawyers that Bush and other members of the troubled oil company's board faced possible insider trading risks if they unloaded their shares.
