Howard Rubin Merril Lynch Trading Debacle 1987 Mortgage backed securities loss

Howard Rubin hired after Merrill Lynch Mortgage Securites loss on unauthorized trades
Ousted Merrill Trader Hired E-MAIL PRINT REPRINTS SAVE SHARE Published: November 4, 1987 LEAD: Bear, Stearns & Company said yesterday that it had hired Howard A. Rubin, the mortgage securities
Howie Rubin : Merrill Lynch trader Unauthorized trading Losses in Mortgage backed securities
It started as a mistake, by all signs an honest one, but it grew into a Wall Street disaster. A 36-year-old senior bond trader at Merrill Lynch apparently lost his cool last month when rising interest