Accounting for Greed: Unraveling the Rogue Trader Mystery
![handle is hein.journals/orglr79 and id is 313 raw text is: OREGON Summer 2000
VOLUME 79
NUMBER 2
LAW
REVIEW
Norms Theory
KIMBERLY D. KRAWIEC*
Accounting for Greed: Unraveling
the Rogue Trader Mystery**
Traders are dying to make money. That's all they care about.
Most traders don't care about the diplomacy that you see in
the corporate environment. They don't care about titles.
They are here to make money. They live in a four-by-four
foot space and put up with all the bullshit that goes on around
them. They put up with a lot, but the money is worth it....
* Visiting Professor, UCLA School of Law; Associate Professor, University of Or-
egon School of Law. This Article was presented at the conference, Community,
Law, Power: New & Critical Approaches to Law and Economics, at the University
of Oregon School of Law and at faculty colloquia at Emory, UCLA, and the Univer-
sity of North Carolina law schools. I am grateful to the participants at those events
for their many quesitons and comments. I would also like to thank Professors G.
Mitu Gulati, Peter H. Huang, Willaim A. Klein, Russell B. Korobkin, and Edward J.
McCaffery for helpful comments on earlier drafts of this Article. Finally, I am grate-
ful to Frank Partnoy for helpful insights on the topic of rogue trading.
** This title is adapted from GARY S. BECKER, ACCOUNTING FOR TASTES (1996)
and Richard H. McAdams, Accounting for Norms, 1997 Wis. L. REv. 625 (1997).
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Accounting for Greed: Unraveling the Rogue Trader Mystery
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