The Investment Banking Model, circa 2007 Posted on August 16, 2009 by raincoaster How long ago it seems now. Lucy’s mom lost her retirement savings when she found out her mutual fund was evenly split between a Madoff feeder and AAA-rated mortgage securities with the whole thing insured by AIG. Don't keep it to yourself! Click to share on Fark me! (Opens in new window) Fark me! Click to share on Reddit (Opens in new window) Reddit Click to share on Facebook (Opens in new window) Facebook Click to share on Tweet (Opens in new window) Tweet Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pinterest (Opens in new window) Pinterest Click to share on LinkedIn (Opens in new window) LinkedIn Click to print (Opens in new window) Print Click to email a link to a friend (Opens in new window) Email Like Loading... Related
Heil Braun, currently doing Community Service in Scotland and Saviour of the World’s Financial System (if only those astute Americans would obey him) Presumably Lucy doesn’t care so long as she leaves productive employment even after the Cards collapse with : * Huge ante-Diluvian Bonuses and (better still – a post-Diluvian Bonus) * £700,000 annual pension * £Millions in share options After all, you can’t get high quality Bankers unless you pay them modest incentives AND we can always fire 1,000s of little people (probably labour-voters) to pay for this shambles Of course, the Ministers of the Gouvernement-General of her Britannic Majesty (God Bless Her) “didnae ken” about all this
Well the taxpayer should get a quantum of satisfaction at seeing the boats, Rollses, and mansions their bailout money has turned into. A falling tide still lifts yachts.
I fucking hate the bailout!….saying this as my house is about to be foreclosed on. Stupid fucking politics. Sorry I’m punchy tonight.
Call the bank and say “would you rather see the house go to an immigrant?” Banks are notoriously racist. You’ll get your renegotiated deal.
Heil Braun, currently doing Community Service in Scotland and Saviour of the World’s Financial System (if only those astute Americans would obey him)
Presumably Lucy doesn’t care so long as she leaves productive employment even after the Cards collapse with :
* Huge ante-Diluvian Bonuses and (better still – a post-Diluvian Bonus)
* £700,000 annual pension
* £Millions in share options
After all, you can’t get high quality Bankers unless you pay them modest incentives
AND we can always fire 1,000s of little people (probably labour-voters) to pay for this shambles
Of course, the Ministers of the Gouvernement-General of her Britannic Majesty (God Bless Her) “didnae ken” about all this
True, true. Nothing says Welfare Queen like a $700trillion bailout or whatever it is.
Well the taxpayer should get a quantum of satisfaction at seeing the boats, Rollses, and mansions their bailout money has turned into.
A falling tide still lifts yachts.
I fucking hate the bailout!….saying this as my house is about to be foreclosed on. Stupid fucking politics. Sorry I’m punchy tonight.
Call the bank and say “would you rather see the house go to an immigrant?” Banks are notoriously racist. You’ll get your renegotiated deal.
What a fabulous idea! And I can already hear their GASP as I say to them.