Word: jett
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Furthermore, Jett was known for his peculiar fascination with the symphonies of Gustav Mahler, the poetry of Lord Byron, and the philosophy of Friedrich Nietzsche...
...Jett generated "phantom profits" by deceptively trading the "strips" of government bonds, serving to boost his performance-based salary to $9 million last year. In his acceptance speech for Kidder's "chairman's award," Jett preached a belligerent philosophy: "This is war. You do anything to win. You make money at all costs...
Should Joseph Jett be regarded as Nietzsche's Ubermensch incarnate? Jett was recently fired from his Wall Street post as head government-bond trader at Kidder Peabody, the 128-year-old investment bank. He allegedly masterminded an illegal trading scheme that will result in a $140 million loss for his company...
Kidder's chairman, Michael A. Carpenter, noted that the "power" of the 36-year-old Jett was "hard to ignore." Other traders considered Jett "extremely strong-willed" and often referred to him as the "Human Piranha...
...make up for the fraud caused by Jett, Kidder and G.E. will reduce its first-quarter earnings projections by $210 million...