Its shares have slumped since the start of the year (see chart) and its credibility has been shredded, not just by the trading loss but also by write-downs of subprime-related investments.

• 自年初以来它的股价遭到重挫，它的可信性已被粉碎：不仅由于这次的交易损失，还有与次贷投资相关的资产减值。