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An Intern Lost $1 Million—Then His Boss Changed Everything

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Clappy and Frank Show

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With a trading firm on Wall Street, they had a new intern and he made a mistake on a trade and they lost in 5 seconds the trading firm lost a million dollars. Bell rings at 4:00, I think, in the afternoon and he put everything into the box. You know, like the banker's box when you get big slips. You put everything into the box. And you know, when I was in a lot of these trading firms, there's like a glass window where like the owner sits. You know, they come like 2 hours a day and they sit there and pull pull up the window shades. And the the trader sees him packing his box and we he says he buzzes him in. We said, "Where are you going?" He's like, "I'm leaving." He's like, "Why?" He's like, "I made a million dollar mistake for the company. I'm an intern." And this guy, whatever, he says >> And what are you going to make? 10 million? >> He said, "Put your put your stuff back in your desk right now." He asked the owner, "Why?" He says, "I just invested a million dollars in my new employee." >> That's exactly right. >> You're not going anywhere. >> That's exactly right. That's exactly right. >> But that's the thing. The problem with people is they look at the other person and immediately they put a label to it. You're Jewish. You're Christian. And I said, "No, this is emotion. Good guy. He's on my podcast. He invite me to his show." So, we're doing things. That's the way I see it. I don't put a label to it. Blessed to work for a Jewish company. But that's secondary part. I'm blessed to work for an amazing company that is in the industry that I love and live with it. I have passion about