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Howie Rubin is a trader. He initially trained as a chemical engineer, before going to Las Vegas where he wagered $3,000, and turned it into $80,000 by counting cards. Rubin then enrolled in Harvard, where he discovered trading bonds. He generated $25 million his first year out of training, which makes him ask who makes the money.

Rubin quit his job at Salomon in 1985 for a three million dollar guarantee and a percent of trading profits at Merrill Lynch. In early 1987, however, Howie lost $250 million at Merrill Lynch and was fired. Bear Sterns hired him the same day.

Source(s)

Liar's Poker: Rising Through the Wreckage on Wall Street