Great day for America !

Let's see what you say when the market goes nowhere forever.

Investment Banks run the US.

Without them the country will be destined to mediocrity.
 
Quote from Joab:

Let's see what you say when the market goes nowhere forever.

Investment Banks run the US.

Without them the country will be destined to mediocrity.
More...


1.Market goes nowhere = gamma scalping paradise... can I sign up for the next 20 years ? :D
2.Unfortunately , yes
3.You mean its can get even worse?

And I thought that smart entrepreneurs with big ideas made this country great (once). I guess it all about wealth shifting and not wealth creation , huh ?
 
Quote from IV_Trader:

1.Market goes nowhere = gamma scalping paradise... can I sign up for the next 20 years ? :D
2.Unfortunately , yes
3.You mean its can get even worse?

And I thought that smart entrepreneurs with big ideas made this country great (once). I guess it all about wealth shifting and not wealth creation , huh ?
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It's about GREED

Without GREED - America is just Norway or Canada.

:cool:
 
Quote from TraderZones:

He is an insensitive freaking idiot making fun of the employees. Young employees don't make the decisions, they just work their 10-12 hours a day like all the rest of the rat race.
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You obviously had zero interaction with that world. They are not good human beings, little heart or compassion and pure ignorance toward the real world. Those that aren't like that, leave the business within 2 years.
The investment banking world & attitude is not something to be desired. It's made fun of by most of the city, the selfish inconsiderate gloating yuppie attitude.


Joking over layoffs is really bottom of the barrel. I almost hope he gets laid off himself next week...
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Actually it's great, I wish more of these parasitic institutions went out of business. And it is very funny, considering how these jerkoffs who just got laid off acted like when they got the job.
 
And I thought that smart entrepreneurs with big ideas made this country great (once). I guess it all about wealth shifting and not wealth creation , huh ?


lol, as if someone sitting around daytrading knows anything about wealth creation, or is contributing to productivity.
 
Quote from Hydroblunt:

You obviously had zero interaction with that world. They are not good human beings, little heart or compassion and pure ignorance toward the real world. Those that aren't like that, leave the business within 2 years.
The investment banking world & attitude is not something to be desired.

Funny, and here I thought that working at 2 major investment banks might count as interaction with these people.

The truth is, they are not at all as what you say. They are normal people who work long hours and try to do their best. Their attitude is trying to build a life, raise a family, build a career, etc. etc. Sort of like everyone else.

And how much experience do YOU have again????
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CNBC guest: “With high tech boom, WS saw its “edge” (huge b/a spread, insight info, front running) quickly disappears…hence, they were forced into high over leverage “

LOL
 
I'm sure the little worker ants are hard at work and building a career but the big shots don't care where their next paycheck comes from. As long as you can find it.


And as for "a good day in America". Only the future can really tell. Pretty soon we will see the prostitute's union complain about lack of customers. Those big bonuses had to be spent one way or another, a lot of people in NY will also lose their jobs.

And the damage might have already been done. And PE can still get money from the superbanks so they can still continue to slash thousands of jobs.
 
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