- advertisements -
Unnecessarily harsh. I agree that the system has to blow up and that there's some serious evil behind the scenes, but the people about to get the axe aren't the masterminds - they're poor dumb saps like you and me, trying to get the best pay they can in this world. They're just in the wrong place at the wrong time.
Lighten up and have some compassion.
I agree. In an economy everything is connected to everything whether its proximal or distal. A couple local branches close and the sandwich shop and garage go belly up, too. These things have ripples.
I wouldn't mind the management class who made the stupid decisions being unemployed, but they got their cash and they always escape or are at least insulated.
Do you really believe that they wouldn't do the same if they were in the shoes of the top devils? Guillotine for all bankers and financiers! Now!
Okay, so that whole "innocent until proven guilty" thing, not such a big hit with you. Got it.
"Fuck the paper-pushing fucknuts, they made a deal with the devil, time for your souls motherfuckers. A step in the right direction as far as I am concerned."
I don't think they have souls.
I like your idea but I wouldn't fuck those paper-pushing fucknuts, even with Robottrader's tool.
A small step in the right direction... I agree.
Yo, I find your avatar...disturbing. (Meatbag!)
I am UPGRADING UnN and FURTHER DOWNGRADING TEH PREZ.
Please, just lay off all your workers and the world will be better off!
Obama speech - EPIC FAIL. BoA going down in flames - burn, baby, burn. Please, sir, may I have another?
Faster....faster...fire bankers....FASTER! Why put off until 2012 what the nation needs done today?
in the hope that people will forget and forgive by then...
look at the new UK regulations ( to ringfence Investment banking)..which needs to be done by 2019!!! what a joke.
Maybe SocGen will bail them out eh? Or Unicredit.
LOLLLLLLLL CUT THEM ALL.
Gotta go through pain first so there may be a chance of healing in the future.
O'Bummer is fixing the unemployment issue one job cut and plant closing at a time.
In March 2012, New BAC would go straight to Phase Fuckup Infinity
CONgress and Holder now call for BAC officials to testify under oath, why they demean the TOTUS and Barama too, during his victory lap, world saving jobs plan. Buffet said to attend hearings.
Testify under oath? Like that means anything. In front of their own suckasses.
Are members of congress included in the 30k layoffs??
Is this like New Coke?
A little bit a bad news...and a bit a badder news
This is why Saturday Night Live ratings are down...the real-life skits are funnier.
Nice avatar, Soup.
Impossible to out-skit reality today.
Relax -- these 30,000 well-trained bureaucrats will be eminently qualified to move into higher-paying government jobs.
lay off peons so execs kin haz bigger bonus.
Attrition will continue untl morale improves
We need to hire more people to process unemployment claims!
See? There's a silver lining if you look for it
from the hilarious Cheech & Chong album, Sister Mary Elephant:
....Now class, Sister Rosetta has informed me that your assignment for the last two months has been to write an essay in titled How I Spent My Summer Vacation. Who would like to read theirs before the class? Class? Class!? Cla-- SHUT UP!!!!! Thank you. Young man in the first row, stand up, state your name, and read your essay.
STUDENT: Who me?
TEACHER: Yes. Read your essay, please!
STUDENT: Uh, I don`t have it finished yet.
TEACHER: Well then, read what you have, young man!
STUDENT: Okay. The first day on my vacation, what I did on my summer vacation, the first day on my vacation, I woke up. Then, I went downtown to look for job. Then I hung out in front of the drugstore. The second day on my summer vacation, I woke up, then I went downtown to look for a job. Then I hung out in front of the drugstore. The third day on my summer vacation, I woke up...
TEACHER: Now that`s fine, young man!
STUDENT : ...Then I went downtown to look for a job...
STUDENT : ...Then I got a job, keeping people from hanging out in front of the drugstore. The fourth day on my...
Shovel ready jobs waiting for them.
They have to pay the government levies, fines, and regulations somehow. Straight transfer to the government...
Yes, but I heard a new QE3 rumor today! All is WELL!
Yea soooooo, unemployment insurance picks up the tab now. We the taxpayer STILL footing the bill right? Isn't this revenue neutral?
I'll take revenue neutral over the revenue-negative bailout option.
Everyone is asking for "specific" examples of employers refusing to hire (or laying people off) as a result of the regulations promulgated from DC. BAC's announcement today is exhibit "A". Dodd-Frank is crushing the fee income line for major retail banks and this is one result.
Logic FAIL. Dodd-Frank didn't make BAC have insufficient reserves for their legal troubles, dumbfuck.
"Dodd-Frank is crushing the fee income line for major retail banks"
Which, I might add, should not even be a part of regular banking.
Bring back Glass-Stegall.
there was a period of time, a short one, where you would hear some of the losers on this hill talk this talk. Like our ethics and our budget, it has all but disappeared
Quick-- Get Moynihan a good seat at the next Obama job conference. Put him up there next to the other cronies in the Cabal like Buffet, Imelt, Dimon etc.
We need more shovel ready dudes to shovel the horse manure.....that makes them entre_manuers!
Entremanuers are indispensible in a merde_ocracy!
She was only the farmer's daughter but all the horse manure.
News Flash.....BlowHorn [CNBC]...11:30 est...Europe go home crowd:
"We're off our lows." No shit?
Sorry....I have yet to have my US govt. issued frontal labotomy...and so cannot buy the fucking.....ramp [BTFR].
Europe Goes Home trade last exactly 7 minutes before sell aglos resume. Nice. There goes yet another criminal syndicate Wall Street investing myth. The half life on that one is about...what...a month?
Please fire 60,000 BAC empolyees Mr. Moynihan...today.
NEWS FLASH....Peter Costa....NYSE floor:
"We're just floating on air." Meaning...invest in Floating on Air? WTF? I'm not familiar with the FOA trade. Anyone?
NEWS FLASH...Peter Costa....NYSE floor...speaking in tongues on air...med techs called.
Invest on tightrope walking across the Grand Canyon on an old frayed rope! INVEST minions, INVEST!!
I was a bac customer years ago.Seemed to me, at least where i live , there wernt americans working there. Fewer banks and bankers can only be a good thing.
This is all pro-active. I am positive that BAC is an acquistion target. I don't know what makes me happier- Warren screwing the pooch or the US taxpayer getting stuck with this zombie mess. Make Goldman take it. Fuckers.
Ha. Goldman would rather have an outbreak of chronic explosive diarrhea than (a) a commercial bank's operations, (b) a commercial bank's balance sheet, or (c) what remains of ML.
There is a reason Citi never really "sold itself," except to Treasury. Nobody who's big enough to do it wants anything to do with that mess. Except maybe China, but it'll be a cold day in hell before Congress lets that happen.
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
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.