You are hereThe AskIvy Point System
The AskIvy Point System
Everytime you post a topic or a comment, you gain points! After reaching a certain number of points, you will become eligible for discounts on our services and eligible to have moderating access to our forum. See the tables for points per action, and the corresponding points rankings, representing various personalities of the financial world!
Posting a comment: +1 point
Starting a forum topic: + 2 points
Getting a positive vote: + 2 point
Recommending a friend: + 2 points
Recommending a friend who subscribes: + 4 points
200 points: 5% discount on CV, MBA reviews and our guides
400 points: 10% discount
600 points: 15% discount
1000 points: 20% discount
Rankings:
0 - 20 : Nick Leeson
Trader who worked for British investment bank Barings in the 90s, made numerous risky moves on the Singapore International Money Exchange, hiding his losses from the firm in a secret account. By the time Barings discovered the ruse, it was too late: The bank was $1.3 billion in debt and had to shut its doors.
20 - 40: Jerome Kerviel
French trader who has been charged in the January 2008 Société Générale trading loss incident, resulting in losses valued at approximately €4.9 billion, it was at the time the largest fraud in history.
40 - 80: Brian Hunter
Energy trader responsible for the collapse of Amaranth Advisors, a US hedge fund, after losing roughly US$6 billion on natural gas futures.
80 - 120: Andy Xie
A former economist at Morgan Stanley, famous for his contrarian and provocative views. Through his columns in Caijing, one of the top magazines in China, he frequently takes aim at policymakers at home and abroad.
120 - 200: Nassim Taleb
Trader turned author, well known for his books "Fooled by Randomness" and "The Black Swan", he has emerged as the guru of the global financial meltdown. He reportedly made a multi-million dollar fortune during the financial crisis of 2007–2008, a crisis which he attributed to the failure of statistical methods in finance.
200 - 280: Alan Greenspan
Chairman of the federal reserve from 1987 to 2006, he has become legendary for his skill at managing the United States economic system. During his tenure, he helped steer the economy through the crash of 1987, the recession of the early 1990's, the dot-com bubble and the terrorist attacks of September 11th.
280 - 380: Jamie Dimon
Current CEO and chairman of JPMorgan Chase & Co, he is known as "America's most important banker". Over the financial crisis, he bailed out Bear Stearns and the federal government, and lived to turn a profit..
380 - 480: Bruce Wasserstein
Investment Banking Legend, master negotiator, former Chairman and CEO of Lazard. Wasserstein helped broker more than a thousand transactions worth $250 billion since the 1980s (including KKR's infamous bid for Nabisco) and was a pioneer in the art of hostile takeovers.
480 - 600: Henry Kravis
Co founder and head of prestigious buyout firm Kohlberg Kravis Roberts & Co (KKR), he is viewed as one of the pioneer of the Leverage Buyouts.
600 - 720: George Soros
Enormously successful currency speculator, stock investor and businessman. He became known as "the Man Who Broke the Bank of England" after he made a reported $1 billion during the 1992 Black Wednesday UK currency crisis.
720 - 1000: Warren Buffet
One of the richest man in the world, he is also one of the most successful investors, the primary shareholder and CEO of Berkshire Hathaway. He is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.





