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All 7; the HORROR, considering over 700,000 average schmucks lost their jobs every month for at least one year following their nation wide fuckup.My request is better because practically no CEOs or bank managers were fired for pushing junk.Links to fired CEOs?No they didn't . Their shareholders and taxpayers did. The people making the decisions still got their golden parachutes, severance packages and new jobs.
Yes they did. The banks lost trillions. The share price went down. Shareholders lost money.
CEOs were fired. CEOs lost on their stock and options. Which CEOs got new jobs? Link?
Links to fired CEOs who waltzed into new jobs.
Angelo Mozilo, Stan O’Neal, Ken Lewis, John Thain, Jimmy Cayne, Dick Fuld, Alvaro de Molina.
Presidents have enormous leverage when it comes to Foreign Trade.The entirety of Wall Street can move off shore and make the new Wall Street a cruise ship with people going to work by helicopter. They can fold Wall Street into the Chinese market. No company, no business has to tolerate government abuse. Right now there are trillions of dollars sitting off shore that won't come here because of the taxes. Sanders might well turn those trillions into quadrillions.
His tax and spend socialism policies end in severe shortages and rationing.
All 7; the HORROR, considering over 700,000 average schmucks lost their jobs every month for at least one year following their nation wide fuckup.My request is better because practically no CEOs or bank managers were fired for pushing junk.Links to fired CEOs?Yes they did. The banks lost trillions. The share price went down. Shareholders lost money.
CEOs were fired. CEOs lost on their stock and options. Which CEOs got new jobs? Link?
Links to fired CEOs who waltzed into new jobs.
Angelo Mozilo, Stan O’Neal, Ken Lewis, John Thain, Jimmy Cayne, Dick Fuld, Alvaro de Molina.
And as I remember, Fuld was an obnoxious fuck head who pretty much denied any responsibility for what he did.
All 7; the HORROR, considering over 700,000 average schmucks lost their jobs every month for at least one year following their nation wide fuckup.My request is better because practically no CEOs or bank managers were fired for pushing junk.Links to fired CEOs?
Links to fired CEOs who waltzed into new jobs.
Angelo Mozilo, Stan O’Neal, Ken Lewis, John Thain, Jimmy Cayne, Dick Fuld, Alvaro de Molina.
And as I remember, Fuld was an obnoxious fuck head who pretty much denied any responsibility for what he did.
Yup, lots of people lost their jobs.
Jimmy Cayne lost almost a billion and Fuld probably lost $300-$400 million.
All 7; the HORROR, considering over 700,000 average schmucks lost their jobs every month for at least one year following their nation wide fuckup.My request is better because practically no CEOs or bank managers were fired for pushing junk.Links to fired CEOs who waltzed into new jobs.
Angelo Mozilo, Stan O’Neal, Ken Lewis, John Thain, Jimmy Cayne, Dick Fuld, Alvaro de Molina.
And as I remember, Fuld was an obnoxious fuck head who pretty much denied any responsibility for what he did.
Yup, lots of people lost their jobs.
Jimmy Cayne lost almost a billion and Fuld probably lost $300-$400 million.
I doubt Fuld lost anything; he wasn't upset one bit after his grilling.
I guess there's some justice after all.All 7; the HORROR, considering over 700,000 average schmucks lost their jobs every month for at least one year following their nation wide fuckup.My request is better because practically no CEOs or bank managers were fired for pushing junk.
Angelo Mozilo, Stan O’Neal, Ken Lewis, John Thain, Jimmy Cayne, Dick Fuld, Alvaro de Molina.
And as I remember, Fuld was an obnoxious fuck head who pretty much denied any responsibility for what he did.
Yup, lots of people lost their jobs.
Jimmy Cayne lost almost a billion and Fuld probably lost $300-$400 million.
I doubt Fuld lost anything; he wasn't upset one bit after his grilling.
He's a miserable prick, but his millions of shares of stock still went to zero.
His tax and spend socialism policies end in severe shortages and rationing.
I'm always suspicious of things presented in an authoritative manner, like '170 prominent economists say' then it says 'financial experts, academics and economists'. That could mean 1 expert and 169 dumbfucks that believe we can tax out way into prosperity.I must have missed the plans other candidates have for breaking up the banks. Could somebody enlighten me for compare and contrast purposes?
170 Prominent Economists Back Bernie Sanders' Plan to Rein in Wall Street
Financial experts, academics, and economists from across the nation are officially endorsing Bernie Sanders’ proposal to break up big banks and bring justice to Wall Street. In a speech earlier this month in the heart of New York City’s financial district, Sanders outlined his plan to reform Wall Street that included, among other things, passing a new law similar to the Glass-Steagall bill of the 1930s that would separate commercial banking from investment banking — effectively breaking up the biggest Wall Street banks into smaller institutions. Sanders also pledged to take action to cap ATM fees at $2 per use, make usurious interest fees illegal, levy a sales tax on all financial transactions on Wall Street to discourage speculative trading, and bring criminal charges against the banking executives responsible for the 2008 financial crisis. Here’s video of the full speech:
A single city here is larger and much more diverse. That's like saying what works for your family will work for all 330 million of us.His tax and spend socialism policies end in severe shortages and rationing.
Scandinavia seems to be doing okay.
A single city here is larger and much more diverse. That's like saying what works for your family will work for all 330 million of us.
A single city here is larger and much more diverse. That's like saying what works for your family will work for all 330 million of us.Scandinavia seems to be doing okay.
I laugh at all of you libs always pointing to those countries as examples of socialism working. Funny.
Why do the banks need to be broken up?
They need to be broken up because they are "too big to fail." A bank that is too big to fail is too big to exist. Our economy should not be at the mercy of banks that have to succeed.
You only saw size. I also said diversity. But there's a lot of misinformation about Scandanavian "socialism". It's a long article buts starts out:A single city here is larger and much more diverse. That's like saying what works for your family will work for all 330 million of us.
How would our size prevent us from doing what Scandinavia does? They are smaller, yes, and they make much less money as well. We are a larger and much richer nation. I don't accept that guaranteed healthcare and education are unaffordable in the richest country on Earth.
