We’ve made it to Friday so that means this is your weekly dose of “From the Trader’s Desk”.
This was a stormy (see what I did there?) episode, so to change it up I used lyrics from The Rolling Stones, since while the storm Rosie was threatening the lives in it’s path, it seems the storm named Wendy (with some help from Dr. Mayer) will be threatening the life of Prince’s White House ambitions. And extra points if you can name the band that sang the song I used as today’s post title!
Written By GingersnapComments Off on From The Trader’s Desk: Crisis of Confidence?
Billions Season 7 Episode 3 ‘Winston Dick Energy’
by Lady Trader | Fan Fun with Damian Lewis | September 1, 2023
When I was living this lie, fear was my game
People would worship and fall, drop to their knees Powerslave – Iron Maiden
If it’s Friday, then it’s time for “From the Trader’s Desk”.
Before I get into the meat of my post, just some observations:
I was asked why MPC is claiming ownership of Winston’s software. If he developed it how does MPC have the rights to it? Well, the type of risk management software Winston is trying to sell would most certainly take months (if not years) to develop, code, back test, and debug. Which means there is no way he could have developed it overnight. If what Taylor says is correct, (that Winston used data to test his software using MPC trader transactions) then that also would make it property of MPC. By using data and equipment owned by MPC, legally Winston doesn’t own it. Could a court possibly rule that he co-owns it? Yes. Also, most funds would have a clause written in his contract that he would not be able to market any type of software for a stated period (usually 6-9 months). His best course of action would have been to offer it to MPC first to either buy him out or lease the program. If they passed, he then could have tried to get permission from MPC to market it to other firms. Just another example of unnecessary greed killing a golden goose.
Written By GingersnapComments Off on Watch Billions Cast Ring in the NYSE – March 27, 2019
NYSE Opening Bell
by Gingersnap | damian-lewis.com | March 27, 2019
Billions showrunner and co-creator David Levien rang in the New York Stock Exchange opening bell today, March 27, 2019, highlighting the fourth season. Cast members present included David Costabile who plays Wags, Kelly AuCoin who plays Dollar Bill, and Toby Leonard Moore who plays Bryan Connerty on the Showtime hit series, Billions.