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(BBC)   Never go against a Sicilian when DEBT is on the line. AHA HA AHA HA HA HA *thud*   (bbc.co.uk) divider line 9
    More: Cool, Sicilian, Japanese yen, financial regulators, financial derivatives, Joaquin Almunia, Credit Agricole, collusion, ICAP  
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1772 clicks; posted to Business » on 04 Dec 2013 at 11:43 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



9 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2013-12-04 11:26:08 AM  
UBS and Barclays stood to pay the largest fines of 2.5bn euros and 690m euros, but avoided paying anything because they assisted the investigation.

Nice way to take out the competition.
 
2013-12-04 11:53:11 AM  
Yes?
 
2013-12-04 12:11:25 PM  
Banks are crooks, and the biggest banks are the biggest crooks?

Inconceivable!
 
2013-12-04 12:55:51 PM  
You know...is Adam Smith's 'Wealth of Nations' even required reading for an MBA or Economics degree anymore? He pretty much warned us about unregulated banking when he set down the foundations of capitalism. It's funny how the people screaming in favor of capitalism ignore the basic foundations of capitalism; funny-sad, not funny ha-ha.
 
2013-12-04 12:57:09 PM  

RoyFokker'sGhost: funny-sad, not funny ha-ha.


I was thinking funny uh-oh
 
2013-12-04 01:54:27 PM  

RoyFokker'sGhost: You know...is Adam Smith's 'Wealth of Nations' even required reading for an MBA or Economics degree anymore? He pretty much warned us about unregulated banking when he set down the foundations of capitalism. It's funny how the people screaming in favor of capitalism ignore the basic foundations of capitalism; funny-sad, not funny ha-ha.


Not required reading in any of my MBA classes so far - but Adam Smith and Milton Friedman's ideas are talked about and debated a lot.  Business Ethics is a required class, too.

No professor I've had so far has seriously suggested anything close to unregulated/unchecked capitalism/banking.  Our MBA programs are less focused on banking, and more on leadership/strategy because of where we're located, though.

/Your MBA experience may vary
 
2013-12-04 07:15:40 PM  
Anybody want a peanut?
 
2013-12-04 07:25:08 PM  

Because People in power are Stupid: UBS and Barclays stood to pay the largest fines of 2.5bn euros and 690m euros, but avoided paying anything because they assisted the investigation.

Nice way to take out the competition.


Yeah, that's a nice way to handle cartels. The prisoners dilemma.
 
2013-12-05 12:20:00 AM  

hp6sa: Our MBA programs are less focused on banking, and more on leadership/strategy because of where we're located, though.


MBA programs should focus on leadership/strategy (and marketing) - that's the point of an MBA.  If they focus on banking it's a trade school / diploma mill.

/MBA '98
 
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