The know-it-alls, don't know much about handling their own money.
Greenpeace has fired an employee who lost the environmental charity $5.47 million in a failed gamble on international currency markets, reports ABC Australia.
Greenpeace communications director Mike Townsley said the unnamed employee "went above his authority" in agreeing the deal with a broker who was meant to mitigate currency losses for the charity.
Suckers and their money...
ReplyDeleteJustin-
DeleteLOVE your avatar. BRAZIL is one of the greatest "anti-state" films ever made.
Greenpeace has fired an employee who lost the environmental charity $5.47 million in a failed gamble on international currency markets[...][through a] deal with a broker who was meant to mitigate currency losses for the charity.
ReplyDeleteI don't get it. How is one supposed to "mitigate currency losses" through a Forex market trade? Sounds like bullshit to me.
This also jumped out of the page:
ReplyDeleteGreenpeace, known for its militant anti-drilling campaigns at oil rigs in the Arctic, has a total annual budget of about $432 million.
It's quite astounding to see how many suckers keep that beast fed year after year. That amount of money could feed millions on top of millions of people around the world, yet is being squandered on a few headline-grabbing adventures in the Artic and agitprop. It is such a waste.
Poor fellow… probably thought he was trading "forest" markets.
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