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71% Of Wall Street Bankers Admit They Are Too Big To Fail (And Underpaid)
Wall Streeters are not happy. According to the latest Bloomberg poll, 48% believe they are paid less (or much less) than they had hoped for.
With the biggest banks cutting costs as new regulations force derisking and deleveraging (in theory), pay is taking a hit (although not so much for the CEOs). As one headhunter noted, "they're still making decent money, but it’s nothing like 2007," but ironically, a massive 71% of Wall Street bankers admit that their banks are still Too Big To Fail.
If banks are still too big to fail, don’t just blame the regulators. Thomas Hoenig, vice chairman of the U.S. Federal Deposit Insurance Corp., says the fault may lie with the institutions themselves. “They’re just too big and complex to manage,” he says. “Every time they turn around, they break a rule, violate some sanction. That’s why there is continuing pressure to break them up. The market will force the biggest banks to shrink, divest, or even break up.”
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Where's the rope?
They ain't Too Fat To Hang.
pods
Stupid bankers. Bring out the guillotine.
https://www.youtube.com/watch?v=sM-169xrYpQ
This is strictly synonym as the average wallstreeter having expected the average salary.
How much you need? I'm saving up for that special day and have a couple of spools in the barn, one sisal and one hemp, cause I'm organic that way......
Careful, you don't want the DEA knocking down your door.
if they bring their ho's with them, and some rum, and chips, that might not be so bad
First the rope needs to be boiled, steamed, and stretched...Then allowed to dry in the desert sun under a buzzard nest.
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there can be only one
Who are they comparing themselves to?
Gordon Gekko
Insert "duh" here. Now slap yourself!
Damn derivitives risk exposure...
Slap someone else instead...
Local Zombie Attack: Going Nuts in the Desert
74.6% of statistics are made-up, so it's not surprising that only 29.3% of respondents believe them 11.2% of the time!
14% of the people polled work at GS
they are literally all, and by definition, overpaid.
And twats, largely. contemptible, vapid twats.
Cannot tell the banking bastards from government bastards. both fund each other . .get a rope and a list of names.. where do we start.
they could suicide themselves for all that i care
No moral hazzard here. No sir.
If one has no morals there can be no hazards.
These banks hold and control much of the world's paper wealth. When they go so goes the wealth of the people.
As bad as some of the things they are doing seem, if they stop it will all fall apart. Damned we are either way.
Hold Gold!
Destruction of paper wealth is not the same as destruction of real wealth. Destruction of these currency-substitutes needs to occur to bring asset prices back into line with real income.
I'd laugh it it wasn't such a fucking crime. Now that money is created with absolutely no real collateral requirements why in the fuck do we need bankers in the first place. They are nothing but useless middlemidd between the printer/computer and the REAL economy (producer/consumer).
Fuck em. kill them all.
These (entitled) Ivy~League narcists are going to be the thugs cutting to the front of the EBT line when the "house of cards" falls.
I predict lots of Banksters receiving nail gun wounds to the back of the cranium, in the near future. Bitchez
as if https://www.youtube.com/watch?v=wz-PtEJEaqY was true
what's too big to fail are:
1. U.S. Constitution, which says only gold & silver are money
2. rule of law
"That’s why there is continuing pressure to break them up." - oh, do tell Nancy Drew!
What would you expect them to say? They are clueless and psychopaths. Of course they think they are too important and always underpaid.
I love how banks went from being lube to being the fuel in the tank.