DealBook's got an interesting profile of Ashish Goyal, a London-based trader at JPMorgan who works on the FX trading desk.
Goyal, who has a degree from both a 'top Indian business school' and from Wharton, can only discern light and shadows. He's therefore unable to see computer screens, read graphs, or look at presentations. To compensate for this, Dealbook says he employs a form of screen-reading software...
... whose speed is so high that it sounds like gibberish to the untrained ear. When he needs to read graphs, which the software cannot do, Mr. Goyal goes through the data and tries to imagine the graph in his head.
On his desk, two computer screens show the usual flashing Bloomberg messages and spreadsheets of constantly changing numbers. Two keyboards are linked to headsets through which the information and figures are read out to him at rapid speeds. The same technology reads out text messages he receives on his cellphone.
Goyal says that despite his academic pedigree he had a few problems persuading anyone to hire him. His boss at JPMorgan took him on because he was one of the only candidates who, 'knew about Asian interest rates, had excellent risk management skills and knowledge of foreign exchange.'
Good-looking women are twice as likely to be refused a job interview as unattractive ones. (Telegraph)
Wall Street owes its existence to the Fed. (Financial Times)
Salaries have been frozen for two years at the Bank of England.Bloomberg)
Anyone using a computer algorithm for trading would have to explain how it was designed and worked to regulators before use. (Financial Times)
The FSA's useless report into RBS has merely sealed its fate. (Telegraph)
Madoff trustee is suing JPMorgan for $6.4bn. (FinAlternatives)
Want JPMorgan to crash? Buy silver. (Guardian)
Bank of America has set up a SWAT team to combat Wikileaks. (BusinessInsider)
How to find who's hosting Wikileaks now. (Fintag)
Poor fourth quarter for trading at RBC. (Bloomberg)
Goldman doesn't use open source code. (Observer)
What the Fed was in essence doing with much of its $3,300bn programme - under all those strange acronyms - was replacing the securitisation market. (Financial Times)
Colm Kelleher, who runs sales and trading at Morgan Stanley, acknowledges the scale of the task: "You don't go from where we are now to being a top three counterparty in a quarter or two." (Economist)
Businesses WON'T have to specify differences in pay for men and women after all. (PeopleManagement)
A Kansas 8th grade exam from 1895. (Marginal Revolution)