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Usenet Posted 22 years ago
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What is the logic of this sentense?
Hello all,
There is a sentense here, but I don't know what is the logic of this sentense.
"A breakdown in accountability enabled the rogue trader to bring the established investment bank to its knees."
who can give me a easier explanation for this sentense? English is not my mother language, so I just can't make out the main idea of it. any help is welcome.
thanks in advance!
Li.
There is a sentense here, but I don't know what is the logic of this sentense.
"A breakdown in accountability enabled the rogue trader to bring the established investment bank to its knees."
who can give me a easier explanation for this sentense? English is not my mother language, so I just can't make out the main idea of it. any help is welcome.
thanks in advance!
Li.
Top answer
[nq:1]Hello all, There is a sentense here,[/nq] sentence [nq:1]but I don't know what is the logic of this sentense. "[/nq] "Accountability" means that there is someone supervising what is done. A person or company will be held accountable if they do something wrong.
- [nq:1]Hello all, There is a sentense here,[/nq] sentence [nq:1]but I don't know what is the logic of this sentense.
- "[/nq] "Accountability" means that there is someone supervising what is done.
- A person or company will be held accountable if they do something wrong.
- "A breakdown in accountability" means that whatever agency should have been watching, wasn't doing so.
- A "rogue' was originally a bull elephant that did not run with the herd, but always stayed alone.
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4 Answers
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[nq:1]Hello all, There is a sentense here,[/nq]
sentence
[nq:1]but I don't know what is the logic of this sentense. "A breakdown in accountability enabled the rogue trader to bring the established investment bank to its knees."[/nq]
"Accountability" means that there is someone supervising what is done. A person or company will be held accountable if they do something wrong.
"A brea
sentence
[nq:1]but I don't know what is the logic of this sentense. "A breakdown in accountability enabled the rogue trader to bring the established investment bank to its knees."[/nq]
"Accountability" means that there is someone supervising what is done. A person or company will be held accountable if they do something wrong.
"A brea
00
I think I recognise this text from an article about Nick Leeson whose trading losses on speculation he carried out in defiance of the company's rules led to the bankruptcy of Barings Bank, one of the oldest merchant banks in Britain.
00
[nq:2]sentence "Accountability" means that there is someone supervising what is ... hold of most of its assets and/or damage its reputation.[/nq]
[nq:1]I think I recognise this text from an article about Nick Leeson whose trading losses on speculation he carried out in defiance of the company's rules led to the bankruptcy of Barings Bank, one of the oldest merchant banks in Britain.[/nq]
I
[nq:1]I think I recognise this text from an article about Nick Leeson whose trading losses on speculation he carried out in defiance of the company's rules led to the bankruptcy of Barings Bank, one of the oldest merchant banks in Britain.[/nq]
I
00
[nq:2]I think I recognise this text from an article about ... Barings Bank, one of the oldest merchant banks in Britain.[/nq]
[nq:1]I wanted to complete my reply to Li by deftly rephrasing the original sentence, and after some thought, chickened out. How would you put it, not using any of the original jargon?[/nq]
Due to lack of the expected supervision a dealer speculating outside any con
[nq:1]I wanted to complete my reply to Li by deftly rephrasing the original sentence, and after some thought, chickened out. How would you put it, not using any of the original jargon?[/nq]
Due to lack of the expected supervision a dealer speculating outside any con
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