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Aly Iman
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Aly Iman is the Chief Strategist at risConometrics Inc, a boutique forecasting, economic consulting and risk advisory firm in New York City. Aly is member of the adjunct faculty at the City University of New York where he teaches course in economics and finance on a part-time basis. Aly combines... More
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  • Let's Discuss Live ( LDL ) 0 comments
    Apr 27, 2010 12:55 PM | about stocks: GS, LDL
    I recall the time when working on the trading floor, I would send email approvals to traders or raise concerns on certain trades and I would instead a call back from the traders. They would request reconsideration or seek extension on an approval or a lower haircut on a specifically hairy trade and they would make the request on the phone. And they would argue their case. And at times quite well - well enough to certainly deserve a consideration and, sometimes, an actual approval.

    However, the smarter ones would actually walk up to me and ask in person what they were requesting.

    Reminded me of the 'LDL' term - recently brought out in GS emails.

    There is nothing like an in-person conversation. Its good for team work, its good for relationship building and, sometimes, it can lead to avoiding potentially inappropriate siutations.


    Disclosure: None
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