I don't know about you, but after years of fleecing America for billions of dollars in illicit personal gains, after years of manipulating our mortgage markets so that home prices grew to unsustainable levels, and after years of insane personal wealth creation for the few at the expense of the masses, frankly, when the mass layoffs come at the investment banks (and they will), I think HP should declare it a holiday.
Showing posts with label investment bankers. Show all posts
Showing posts with label investment bankers. Show all posts
August 04, 2007
Jim Cramer thinks we should care that thousands of investment bankers will be losing their jobs at Goldman Sachs, Bear Stearns etc. Do you care?
Ding Dong the Investment Banks are Toast Day
Note to Jim Cramer - America hates your investment banker friends. We'll kick 'em when they're down, and if this was 218 years ago, we'd be lining them up at our version of the Place de la Concorde.
This mess was of their own making, spawned by out of control unregulated greed. The investment bankers have blood on their hands, and now they'll see blood in the streets.
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8/04/2007
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Labels: alt-a, cdo's, investment bankers, lbo's, liar's loans, mortgage meltdown
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