Dinki: doublesecretprobation: they were only trading recklessly because their taxes are so high.

I thought it was because they were over regulated.

they had to concentrate on risky short-term gains because there was so much long-term uncertainty in the market due to the threat of obama further tinkering with the economy. can't we just vote that scumbag out of office yet so the banks can get back into the business of stimulating job growth?

they were only trading recklessly because their taxes are so high.

The Jami Turman Fan Club: They forgot the first rule of investment banking.

Never get involved in a land war in Asia?

doublesecretprobation: they were only trading recklessly because their taxes are so high.

I thought it was because they were over regulated.

Thankfully, the government maintains a strict policy of not hiring "former" bankers, oil executives, or anyone else that has ever had loyalty to anything other than their own money.
To imply otherwise is simply disgusting.

They're going to have to pay $50.00 and pick up the garbage in the snow.

Dinki: thomps: can't we just vote that scumbag out of office yet so the banks can get back into the business of stimulating job growth?

Don't worry, come next January Rmoney will be in the white house, the GOP will control both houses, and wall street will be out from under the heavy hand of government, free to lead the world into a new dawn of capitalist freedom. We need a forward thinking free market visionary, a man with a true grasp of what this country needs in economic terms in the white house. And Rmoney, the guy that would have let the car companies collapse into ruin, is just that man.

And the guy who led the company that invested in well-run businesses and used its capable expert management to strip them of employees and cash while reaping enormous fees and putting them into bankruptcy is just the leader this country needs to create jobs and get Americans working again.

robertus: Eddie Adams from Torrance: They're going to have to pay $50.00 and pick up the garbage in the snow.

[www.irocknroll.com image 300x411]

Approves

/I said Shrink.... I wanna kill.

"Kid, I want you to go and sit down on that bench that says Group W .... NOW kid!!"

/Mother rapers.

// Father stabbers.

///Father rapers!

//// Father rapers sitting right there on the bench next to me!

BullBearMS: Magorn: Something called the Volcker Rule that was passed as part of Dodd-Frank would have specifically forbid this.

The Volker rule, as written, would not have stopped this.

The Glass-Steagall act that was killed under Clinton was reinstated, on the other hand...

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Crap...does this mean I'm going to have to move my checking account again?

Disgruntled Goat: After what we found out in 2008, the three biggest banks can do ANYTHING they want now. Anything.
Because if one goes, they all go. And with them, the world economy.

J.P. Morgan loses two billion dollars in the course of six weeks: RARRRGH S.E.C. INVESTIGATION BLARRRGH
Taxbongo loses seven trillion dollars in three years: "That's fine, as long as I keep getting my check!"

Got it.

Clearly the solution to this problem is a multi-million dollar bonus for whoever is responsible.

And tax cuts.

Phony_Soldier: But "hope and change" should have prevented this.

/bahahaha!

Real Americans would have prevented this, if they weren't busy clutching their guns, god and cousin.

thomps: can't we just vote that scumbag out of office yet so the banks can get back into the business of stimulating job growth?

Don't worry, come next January Rmoney will be in the white house, the GOP will control both houses, and wall street will be out from under the heavy hand of government, free to lead the world into a new dawn of capitalist freedom. We need a forward thinking free market visionary, a man with a true grasp of what this country needs in economic terms in the white house. And Rmoney, the guy that would have let the car companies collapse into ruin, is just that man.

I have one word.

Jump.

Where "you're farked" is actually defined as, "in 2 years, you'll pay a $25,000 civil fine, and 2 current members of the SEC staff will become assistant directors of government liason at JP Morgan"