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View Full Version : Economics The big banks are crooks...


Stewie
05-26-2012, 03:51 PM
JPM is being investigated for their $6+ billion derivative loss... HEADED BY A FORMER JPM LOBBYIST! Obama approves!

Goldman Sachs inadvertently sent an email about their naked short selling. Not a problem. No one noticed. Obama and Buffet are wiping their collective brows. "Those people out there drinking beer won't notice!"

Bowser
05-26-2012, 03:56 PM
HCF worthy thread.

BucEyedPea
05-26-2012, 04:08 PM
JPM is being investigated for their $6+ billion derivative loss... HEADED BY A FORMER JPM LOBBYIST! Obama approves!

Goldman Sachs inadvertently sent an email about their naked short selling. Not a problem. No one noticed. Obama and Buffet are wiping their collective brows. "Those people out there drinking beer won't notice!"

I read they were getting into the same stuff that brought the other places down...even though they were one that didn't even need a bailout ( but took one anyway). This is more evidence, that such bailouts lead to irresponsible behavior instead of curtailing it.

Crony socialism.

BucEyedPea
05-26-2012, 04:08 PM
HCF worthy thread.

I luv ya' Bowse, but you need to wake up.

Bowser
05-26-2012, 04:16 PM
I luv ya' Bowse, but you need to wake up.

Heh.

I clicked open this thread and immediately thought I was in an HCF thread. That's all.

Bowser
05-26-2012, 04:18 PM
And JPM are fucking crooks to the nth degree. Didn't someone start a thread not too long ago about how they repo'd a house and cleared it out all due to a paperwork error, leaving the homeowner homeless and without his family heirlooms?

BucEyedPea
05-26-2012, 04:18 PM
And JPM are ****ing crooks to the nth degree.

Sounds like you had a strong cup of coffee, now. :thumb:

chiefzilla1501
05-27-2012, 01:09 AM
As I've said before. They're rewarded for being crooks so they'll participate in crook like behavior.

We can stand back and watch more banks fail big like this to their employees and investors. Or we can recognize that their incentives need to change.

Bump
05-27-2012, 01:35 AM
you guys just want everything for free

/cp

BillSelfsTrophycase
05-27-2012, 02:00 AM
In other news, water is wet

KILLER_CLOWN
05-27-2012, 02:32 AM
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