One thing is clear to me - *somebody* is getting fired this week. Not sure if it... | Hacker News

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MR4D on April 20, 2020 | parent | context | favorite | on: Oil plunges below zero for first time with May con...

One thing is clear to me - somebody is getting fired this week. Not sure if it's a hedge fund or producer, or a trader or a team, but someone is getting fired.

baggy_trough on April 20, 2020 [–]

Everyone is getting fired.

MR4D on April 21, 2020 | [–]

Not likely. This could actually be one person/team who was out of balance on their book.

Back in 2008 when oil hit $150, it was due to a single trader. Needless to say, everyone in the industry was pissed at him afterwards.

baggy_trough on April 21, 2020 | | [–]

Everyone in the economy is getting fired.

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