Originally Posted by
Bueno Hombre
Fuel Hedge Team gets it right and saves CX lots of money leads to Fuel Hedge Team receiving big bonus.
On the other hand, if Fuel Hedge Team gets it wrong by same amount they are not billed/salary deducted the amount of what would have been their bonus.
This can only lead to excessive hedging.
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In 2009 bankers didn't get punished for their irresponsible actions.
Sounds like a CX "internal" GFC!!!
Last edited by AQIS Boigu; 9th December 2016 at 19:53.