This page has been archived and commenting is disabled.
'Too Big To Jail' and 'Too Big To Fail' appears to pay extremely well... It seems it pays to lie - especially compared to your peers.
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
The lies are becoming 'Biblical'... 'BIBLICAL' I tell ya!
~~~
Pope Francis
It pays to lie in all FIRE industries, always has.
agree, but i think you should add healthcare and higher education to the list. Anything thats a bubble, it pays to lie
"Why steal less when you can steal more," is the Wall Street mantra nowadays.
Whats with these headlines from the Treasury ? Is somebody trying to get hold of very big positions ?
http://www.nasdaq.com/article/us-treasury-concerned-about-movements-in-m...
"The U.S. Treasury Department on Friday announced a probe into the government debt market, concerned that concentrations of holdings may be causing recent unusual trading movements"
WTF? Do you suppose the fact that the fed is buying up every treasury under the sun might have something to do with "unusual trading movements" ?.......idiots.
"The department said all private holders with $2 billion or more of ten-year notes maturing Feb. 15, 2023, must report to The Federal Reserve Bank of New York by March 21st."
Aww shit fuu, are they making you come in? Damn dude, sorry to hear it. I hate going in there.
I will not need that much toilet paper in my lifetime.
You forgot to add in the unspecified 'liquidation' aspect of that subpoena...
This story is one of many, past present, and to come in the very near future, which illustrates the battle lines between the two TBTF entities that are responsible for the complete destruction of the American economy, namely DC politicians and the Criminal Syndicate known as Wall Street.
The war of blame began in earnest during the Fiscal Cliff debate, and continues on now. You see it in today's JPM testimony, as well.
Standing here at the bottom of the deep dark bunny hole...these two incompetent behemoths are now attempting to lay the blame off on one another for what is about to happen.
Looks like the Fed thinks they already have very big positions...or something. What of China? Other countries? Aren't those large concentrated positions?
Interesting. I'd love to hear some folks in the know comment on this.
Frankly ~ I don't know how being 'IN THE KNOW' helps very much...
~~~
We all KNOW that Libor was rigged... We all KNOW that Corzine is free...
What we DON'T KNOW is who will win Dancing with the Stars, or whether or not Kim Kardashians, or Kate Middletons little monsters will look more like 'Rosemary's Baby' or 'Damien'...
This shit is simply tedious, we need some excitement. The BBC is too low (Banksta Body Count). Somebody get fuckin suicided already! Whats the count so far?
Nothing that a hangman's noose couldn't fix.
Ha this can be fixed with a few more donation to Obama, Levin...where is Jon Corzine BTW?
Hopping around on CHANCE & COMMUNITY CHEST spaces collecting his 'Get out of Jail Free' cards...
J A M _ E D _ M O N
What happens when Too Big to Fail becomes Too Big to Bail?
What do you mean when ?
That was about $400 tn in derivatives ago.
In revolutions, it pays to kill the tyrants.
Execs get rich no matter what happens to the company.
They all make too much (comparables too). There is a point where you have to just say someone is skimming and stealing ALWAYS when you are at this level. No one is adding that much value to a company or economy.
The nature of compensation in investment banking behooves you to put on HUGE risk.
Heads: you make millions
Tails: you lose your job
And since you get paid/bonused annually, you only need to be right once to be a multi-millionaire.
And the f*cked up part is, the more you lose, the more in-demand you are, because people think, "This guy isn't afraid to put on some risk... he'll put our money to work."
Install a clawback provision in employment contracts and you'll see investment banking change overnight
its truly remarkable how the markets are inching closer and closer towards the green after a brief red morning.
it truly is disgusting how the fuck bernanke and all the bankers are allowed to get away with this shit. why the fuck are people who manipulate penny stocks put away, but these fuckers who are manipulating big time stocks and fucking over the american ppl are allowed to continuously get away with it?
The penny stock manipulators don't own the government; the biggest bankers do.
Period.
It sounds simplistic, but the truth is often simple. It's the reason some poor shlub with an ounce of cocaine goes to jail while the bankers who launder money for drug cartels pay a fine.
POMO just ended
BTFD
What is there you do not understand
just BTFD
These cunts are beyond the law.
Its about time we sacked the law and law-makers, and took the fucking law into our own hands.
I wont be happy till these nation wrecking, thieving fucking criminals are dead.
Every last one of them. And before anyone here says thats a bit harsh, just look at the way these cunts have brought the world to an almost complete collapse. 48 million of you Americans on food stamps, so the likes of dimon can turn round and say things like 'thats why I am richer than you?', bankrupting the whole fucking country, losing 6 billion fucking quid and still he walks?
Fuck this, this needs to end, and soon. Give these cunts mob justice, they deserve no less.
48 million on foodstamps are not waisting their time reading ZH...
They are just BTFD right now
You know a broker that accepts food stamps?
You are having so many ugly words that are the ugly words people are using when they are stupids and are thinking ugly words are making up for words with intelligences. To see the speaking that you are doing is like seeing the mess a dog is making in the middle of a floor when he has not been having learning to be proper.
You are sounding like a people who not only is having no happy but like a people who will never be happy even if the concerns you are having about money is not a concern you are having.
What are you, Jamies Eastern European whore er secretary. Learn some proper English then get back to us aftern your trip to the dentist for a hair cut.
Very much I am not liking James Dimon. He should be having many bad things be happening as punishing for what he has been cheating. But the words I am seeing that some people who are using them make me have much embarrassments if I am telling my friends to be reading the words they will be seeing from peoples who sound very stupid. Where I was going to be learning my Englishes they are telling me that you are knowing the people who are not very many smart to the words they are using when the words begin with with letters like "F". They will not even be saying the words that are beginning with "C" because it is too many embarrassments to say in a class that is having peoples who are not men.
I am thinking that the contempt that James Dimon is having for common people is because of the speaking he is seeing from the peoples who are knowing the most bad things about him. I am having contempts like he is having too.
Nice piss take Geruda.
Now fuck off and take your head for a shit. You have a hole in it where your arse should be.
Speak English boy.
lol ur comments made me laugh, so i guess you made me 'happy'. you did have a valid viewpoint to consider. however, i think that if more people felt the same indignation that he has, there might be some true change demanded. alas, most people are simply oblivious/apathetic/fatalistic to the grevious shitmessmaking that the world's politicians and bankers and corporations and elite and TPTB are making right on the floor in the middle of civilization's living room. the writer is feeling the 'fucking' frustration that many of us are feeling and today he exploded. doesnt mean that he cant find times of peace and enjoy his family, the sunset, etc. No i dont think there should be mob rule but in an unguarded moment that shitmess sure makes a person give it a thought...
easy for you to see what i say. i guess i am sounding like a stupids people with ugly wordses too many ugly wordses not much intelligences to see the proper dogses making messes and sounding happy.
minus me and see that i don't give a fuckses.
how cuteses is thats???
cheeseburgerses for yous.
There's no way that any legal or political system can withstand a fiat currency attack.
The people who create the money will own all lawmakers and law enforcers within a couple generations of the introduction of the pure fiat currency system.
The only way I can see to get back your country after this has happened is to buy silver coins ('junk' silver) and use it as money after the Collapse. Thus enriching yourself, and helping your community. ( The community needs honest money, and will benefit substantially from its use. )
And if anyone comes to your area after the Collapse and says you can't do that, you arrest them and try them in a People's Court as traitors and undeclared agents of foreign powers.
We have become a nation of lies. Wait until they start breakin' out that 1 billion plus in ammo. You ain't seen nothin' yet. And for some of us....time is short. Very fuckin' short.
Too Big To Jail' and 'Too Big To Fail' appears to pay extremely well... It seems it pays to lie - especially compared to your peers.
I think we have a new ' Limerick King' :-D
as long as lying works, and it does very well, people will make a healthy profit at it. "Thou shalt not lie."
i say why not? its not like God does anything about it. nobody fears dogs that only bark
as long as lying works, and it does very well, people will make a healthy profit at it. "Thou shalt not lie."
i say why not? its not like God does anything about it. nobody fears dogs that only bark