Credit crunch banker leaps to his death in front of express train

where is Mandy? she will stop me from shaking

Edited by iron cross, 27 September 2008 - 08:58 PM.

whats scary is that 99% of the public is against this bill which means they are completely clueless or complacent to just how far down this mkt could crash if it doesnt pass...

They are pulling out all the stops to get their hands on the dough.

Your money or your markets.

whats scary is that 99% of the public is against this bill which means they are completely clueless or complacent to just how far down this mkt could crash if it doesnt pass...

that's what happens when you keep lying to people....after awhile they just don't believe anything you have to say.

ed rader

we could debate this for hours but the bottom line is that we made credit available to those who didnt deserve it and when they got it they abused it!!! plain and simple...those NINA's were designed for guys like me who have good credit and when we made them available to "compton" well like everthing else the government has done to support survival of the unfittest...this is the end result

Maybe they did not deserve the loans, but the banks should pay for that mistake and their 40 to 1 leverage.

we could debate this for hours but the bottom line is that we made credit available to those who didnt deserve it and when they got it they abused it!!!

plain and simple...those NINA's were designed for guys like me who have good credit and when we made them available to "compton" well like everthing else the government has done to support survival of the unfittest...this is the end result

and i'll bet you sold plenty of houses to people you knew couldn't pay ?

watch where you are pointing that finger !

ed rader

we could debate this for hours but the bottom line is that we made credit available to those who didnt deserve it and when they got it they abused it!!!

plain and simple...those NINA's were designed for guys like me who have good credit and when we made them available to "compton" well like everthing else the government has done to support survival of the unfittest...this is the end result

and i'll bet you sold plenty of houses to people you knew couldn't pay ?

watch where you are pointing that finger !

ed rader

i wasnt involved in the loans...and yes i bet i did sell houses to those who were lying...thats irrelevant...its not my job to act as judge and jury...its my job to proliferate sales...just like a money manager is responsible for achieving the highest rate of return on "money" regardless of how that client earns his money...


and yes i do agree that the players who leveraged at 40-1 need to go down and need to go down without parachutes..that is as reckless as anything

whats scary is that 99% of the public is against this bill which means they are completely clueless or complacent to just how far down this mkt could crash if it doesnt pass...

Yea, what a "crime" it would be if we chose not to protect a "free" market. I wonder how many are "completely clueless" as to what fair market prices for stocks are, considering how deep the drop in future earnings will be, as well- think demand destruction.

Edited by thespookyone, 27 September 2008 - 10:33 PM.