These organisations employ people to devise new and more dubious ways of raising profits on a daily basis.
What they do would, if done by a spiv in the street, bring the cops a running, but because it is carried on in the so called high pressure dealing rooms of the world these thieves and rogues get rewarded with vast bonuses.
The only high pressure these people feel is when they **** up and lose some of their unfairly earned loot.
Most of these creeps should be in jail along with their bosses who should know better.
2007-09-19 05:27:14 · 6 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Steveb:
You have no idea what you are writing abiut.
These people are paid by the banks etc to use money invested in them by people of all types, some rich but mostly ordinary folk putting some money aside for a rainy day or whatever.
They then use this money in all kinds of so called investments.
As the riskier ones earn the most bonuses due to the potential higher payback guess what happens.
Suddenly all hell breaks loose when the banks realise their exposure to horrendous losses and we have the situation that we have today, panic all round.
2007-09-19 23:43:28 · update #1
No, They collect fat bonuses on short term profits, making money with borrowed money. If I went to a bank for a loan, and I tell them. It's for playing the markets. They would decline the loan. But that's what they do!
And why should central banks bail them out. Rewarding them for some very dubious practices!
Is it shrewed to lose a lot of borrowed money then if you are a capitalist you shouldn't go to the tax payer to be bailed out for your lack of judgment. Only a moron uses "alto" a lot!
2007-09-19 05:44:00 · answer #1 · answered by Anonymous · 1⤊ 1⤋
If you think the Police come running when spiv's in the street go around scamming people you have another thought coming .. go see 'The Real Hustle' ..
The boys in the boiler rooms are only parting (rich) Fools from their Money ..a process that has been going on since money was first invented ...
Anyone who buys 'shares' as a result of a phone call (or email) out of the blue gets to pay for an expensive lession in 'Caveat emptor' .. once all the Fools have been fleeced the rest of us will be left alone ..
2007-09-19 15:54:31 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋
I might trust them with your money, but I'm not sure about with mine.
2007-09-19 12:33:13 · answer #3 · answered by bgee2001ca 7 · 0⤊ 0⤋
I trust them about as far as i could throw them, which if you imagine, is not at all.
2007-09-19 12:34:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Here here, very well said, agree wholeheartedly, been there and felt like that.
2007-09-19 12:35:07 · answer #5 · answered by julie a 6 · 0⤊ 0⤋
no
2007-09-19 12:33:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋