comment by Stretty - mr mourinho (U3123)
posted 6 hours, 53 minutes ago
comment by BruceAndPally (U8201)
posted 3 minutes ago
comment by Mourinho delenda est (U6426)
posted 18 minutes ago
I worked in the money markets from the age of 18 until I was 31. I quit because I just could no longer stomach the moral bankruptcy of it all.
That was 1999, it's only gotten worse. For many a year now I only do the minimal business through a high street bank, but with an ethical bank. I'm not going to change the world, but I refuse to put any more cash than is strictly necessary into the pockets of the leeches that run the banking racket.
If you have your reservations about how banks go about their business, give it a try. Feyenoord, it's a Dutch bank, btw.
Stretty, thanks for the heads up regarding the film, will try to catch it.
----------------------------------------------------------------------
Funnily enough, in The Big Short, Brad Pitt plays a character who quit the industry "out of disgust" still got filthy rich from the crash, but still.
I agree with one of the points made at the end of the film, and I think it applies to some career politicians too, when they mess up, we assume it's because they're incompetent when actually, they know what they're doing but they just don't give a sh*t.
----------------------------------------------------------------------
They literally don't care and and it can't get much worse than what happened in 2008 so you know if people didn't go to jail for that they never will. These firms make rich people a lot richer which is why they don't suffer consequences
Maddest thing is that after the crash they repackaged these ridiculous mortgages they were selling and sold them again
----------------------------------------------------------------------
I helped find gaps in the banking trading protocols to allow them to trade these instruments between each other.
I find it very difficult to get liability insurance now due to my activities in 2008.
I recently sold out all my long positions after the deutsche bank scare.
Went and split 2/3 research cash in a long Norwegian Krone and short pound trackers. Then opted to for a non leveraged ftse short.
Only after I bought it, did the penny drop that it is a DBX instrument. Another trading name for Deutsche Bank. The investment is not capital protected. Lol
Comment deleted by Site Moderator
I've been meaning to watch it but not gotten around to it.
I did however watch the first half of Bridge of Spies with Tom Hanks - it's brilliant so far and I intend to finish it tonight.
Admin1 and his boiler room shame
Best part of the film was Ryan Gosling shouting in the toilets
You'll all keep voting for governments who encourage and enable and profit from this type of banking culture. AND YOU'LL LIKE IT
comment by CrouchEndGoonies (U13531)
posted 21 minutes ago
Admin1 and his boiler room shame
Best part of the film was Ryan Gosling shouting in the toilets
----------------------------------------------------------------------
Once got a call from a boiler room A1(or E1) Asset management . Tore a few strips off the guy on the phone, saying if he is so accomplished at investing why doesn't he just do that. Told him he can give me one tip and on the basis of that he can call me back. He explained about Apple and this new phone they were releasing, the iPhone. Shares were $33 dollars he told me they would go to 100. I told him that when they hit 100 to call me and then we can chat. He called back about 3 months later. It was awkward but I still told the guy to do one.
comment by Brightdave: (U11711)
posted 1 hour, 53 minutes ago
Anyone watched the doco called 'The Corporation'?
--------------
I have the book by Joel Bakan.
A must read/watch for anyone.
comment by Metro.⚽️ (U6770)
posted 2 hours, 15 minutes ago
I've been meaning to watch it but not gotten around to it.
I did however watch the first half of Bridge of Spies with Tom Hanks - it's brilliant so far and I intend to finish it tonight.
----------------------------------------------------------------------
Watched the first half of bridge of spies also but can't say I was impressed by it as you are. That said hanks and the Russian guysbperformance are very good it n it.
comment by LQ (U6305)
posted 4 hours, 18 minutes ago
If this film gets you mad don't read about the Rothschilds your head will explode
----------------------------------------------------------------------
They've got money invested in every bank going.
That family also bankrolled both sides of the Second World War.
Comment deleted by Site Moderator
comment by ● (U4443)
posted 2 hours, 24 minutes ago
You'll all keep voting for governments who encourage and enable and profit from this type of banking culture. AND YOU'LL LIKE IT
----------------------------------------------------------------------
Not me. Haven't once voted for a mainstream party since the 90s.
In terms of parliamentary representation, my vote's been flushed down the toilet each time, but I'm not giving up.
I know this thread has wound down but just read that this week, Iceland sentenced another nine bankers to prison for their role in the 2008 financial crash.
In January this year HuffPo said that 29 bankers have been jailed in Iceland, so that's now 38, which is 37 more than every other country in Europe and the US combined, but still, good stuff Iceland.
comment by Stretty - mr mourinho (U3123)
posted 19 hours, 29 minutes ago
comment by LQ (U6305)
posted 4 hours, 18 minutes ago
If this film gets you mad don't read about the Rothschilds your head will explode
----------------------------------------------------------------------
They've got money invested in every bank going.
That family also bankrolled both sides of the Second World War.
----------------------------------------------------------------------
Every major war going back to the napoleonic days.
The more I read about them the angrier I get.
comment by BruceAndPally (U8201)
posted 10 hours, 20 minutes ago
I know this thread has wound down but just read that this week, Iceland sentenced another nine bankers to prison for their role in the 2008 financial crash.
In January this year HuffPo said that 29 bankers have been jailed in Iceland, so that's now 38, which is 37 more than every other country in Europe and the US combined, but still, good stuff Iceland.
----------------------------------------------------------------------
It's a shame only one country has the balls and morals to punish the bankers for what they did and make no mistake about it are still doing.
Sign in if you want to comment
The big short
Page 2 of 2
posted on 11/10/16
comment by Stretty - mr mourinho (U3123)
posted 6 hours, 53 minutes ago
comment by BruceAndPally (U8201)
posted 3 minutes ago
comment by Mourinho delenda est (U6426)
posted 18 minutes ago
I worked in the money markets from the age of 18 until I was 31. I quit because I just could no longer stomach the moral bankruptcy of it all.
That was 1999, it's only gotten worse. For many a year now I only do the minimal business through a high street bank, but with an ethical bank. I'm not going to change the world, but I refuse to put any more cash than is strictly necessary into the pockets of the leeches that run the banking racket.
If you have your reservations about how banks go about their business, give it a try. Feyenoord, it's a Dutch bank, btw.
Stretty, thanks for the heads up regarding the film, will try to catch it.
----------------------------------------------------------------------
Funnily enough, in The Big Short, Brad Pitt plays a character who quit the industry "out of disgust" still got filthy rich from the crash, but still.
I agree with one of the points made at the end of the film, and I think it applies to some career politicians too, when they mess up, we assume it's because they're incompetent when actually, they know what they're doing but they just don't give a sh*t.
----------------------------------------------------------------------
They literally don't care and and it can't get much worse than what happened in 2008 so you know if people didn't go to jail for that they never will. These firms make rich people a lot richer which is why they don't suffer consequences
Maddest thing is that after the crash they repackaged these ridiculous mortgages they were selling and sold them again
----------------------------------------------------------------------
I helped find gaps in the banking trading protocols to allow them to trade these instruments between each other.
I find it very difficult to get liability insurance now due to my activities in 2008.
posted on 11/10/16
I recently sold out all my long positions after the deutsche bank scare.
Went and split 2/3 research cash in a long Norwegian Krone and short pound trackers. Then opted to for a non leveraged ftse short.
Only after I bought it, did the penny drop that it is a DBX instrument. Another trading name for Deutsche Bank. The investment is not capital protected. Lol
posted on 11/10/16
Comment deleted by Site Moderator
posted on 11/10/16
I've been meaning to watch it but not gotten around to it.
I did however watch the first half of Bridge of Spies with Tom Hanks - it's brilliant so far and I intend to finish it tonight.
posted on 11/10/16
Admin1 and his boiler room shame
Best part of the film was Ryan Gosling shouting in the toilets
posted on 11/10/16
You'll all keep voting for governments who encourage and enable and profit from this type of banking culture. AND YOU'LL LIKE IT
posted on 11/10/16
comment by CrouchEndGoonies (U13531)
posted 21 minutes ago
Admin1 and his boiler room shame
Best part of the film was Ryan Gosling shouting in the toilets
----------------------------------------------------------------------
Once got a call from a boiler room A1(or E1) Asset management . Tore a few strips off the guy on the phone, saying if he is so accomplished at investing why doesn't he just do that. Told him he can give me one tip and on the basis of that he can call me back. He explained about Apple and this new phone they were releasing, the iPhone. Shares were $33 dollars he told me they would go to 100. I told him that when they hit 100 to call me and then we can chat. He called back about 3 months later. It was awkward but I still told the guy to do one.
posted on 11/10/16
he got lucky
posted on 11/10/16
comment by Brightdave: (U11711)
posted 1 hour, 53 minutes ago
Anyone watched the doco called 'The Corporation'?
--------------
I have the book by Joel Bakan.
A must read/watch for anyone.
posted on 11/10/16
comment by Metro.⚽️ (U6770)
posted 2 hours, 15 minutes ago
I've been meaning to watch it but not gotten around to it.
I did however watch the first half of Bridge of Spies with Tom Hanks - it's brilliant so far and I intend to finish it tonight.
----------------------------------------------------------------------
Watched the first half of bridge of spies also but can't say I was impressed by it as you are. That said hanks and the Russian guysbperformance are very good it n it.
posted on 11/10/16
comment by LQ (U6305)
posted 4 hours, 18 minutes ago
If this film gets you mad don't read about the Rothschilds your head will explode
----------------------------------------------------------------------
They've got money invested in every bank going.
That family also bankrolled both sides of the Second World War.
posted on 11/10/16
Comment deleted by Site Moderator
posted on 11/10/16
comment by ● (U4443)
posted 2 hours, 24 minutes ago
You'll all keep voting for governments who encourage and enable and profit from this type of banking culture. AND YOU'LL LIKE IT
----------------------------------------------------------------------
Not me. Haven't once voted for a mainstream party since the 90s.
In terms of parliamentary representation, my vote's been flushed down the toilet each time, but I'm not giving up.
posted on 11/10/16
I know this thread has wound down but just read that this week, Iceland sentenced another nine bankers to prison for their role in the 2008 financial crash.
In January this year HuffPo said that 29 bankers have been jailed in Iceland, so that's now 38, which is 37 more than every other country in Europe and the US combined, but still, good stuff Iceland.
posted on 12/10/16
comment by Stretty - mr mourinho (U3123)
posted 19 hours, 29 minutes ago
comment by LQ (U6305)
posted 4 hours, 18 minutes ago
If this film gets you mad don't read about the Rothschilds your head will explode
----------------------------------------------------------------------
They've got money invested in every bank going.
That family also bankrolled both sides of the Second World War.
----------------------------------------------------------------------
Every major war going back to the napoleonic days.
The more I read about them the angrier I get.
posted on 12/10/16
comment by BruceAndPally (U8201)
posted 10 hours, 20 minutes ago
I know this thread has wound down but just read that this week, Iceland sentenced another nine bankers to prison for their role in the 2008 financial crash.
In January this year HuffPo said that 29 bankers have been jailed in Iceland, so that's now 38, which is 37 more than every other country in Europe and the US combined, but still, good stuff Iceland.
----------------------------------------------------------------------
It's a shame only one country has the balls and morals to punish the bankers for what they did and make no mistake about it are still doing.
Page 2 of 2