Over the years, we've heard some crazy Wall Street office pool stories. They are classic tales that get passed around the water cooler.
The one that got the most buzz was the story of the Merrill Lynch trader, who according to an article in New York Magazine, shorted a bunch of Syracuse shares in 1987. Syracuse made its way through the tournament and found itself in the championship game. If Syracuse won the game, the trader would have lost $640,000. Before the game, the trader was forced to sell shares to hedge his losses at a $150,000 loss. Syracuse of course eventually went on to lose to Indiana.
"SportsBiz" is looking for your most outrageous office pool stories. We obviously won't use the names of the individuals involved. Send an e-mail to firstname.lastname@example.org.
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