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July 13, 1994 | From Times Staff and Wire Reports
Kidder Fires Trader for Hiding Losses: Kidder, Peabody Group Inc., still trying to recover from huge losses in government bond trading suffered earlier this year, said it has fired a trader in its London office for allegedly hiding $6 million in losses on options on French and Spanish government bonds.
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BUSINESS
July 13, 1994 | From Times Staff and Wire Reports
Kidder Fires Trader for Hiding Losses: Kidder, Peabody Group Inc., still trying to recover from huge losses in government bond trading suffered earlier this year, said it has fired a trader in its London office for allegedly hiding $6 million in losses on options on French and Spanish government bonds.
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