lawrocket 3 #1 January 25, 2008 From one trader acting without authority. $7.14 billion goes to merdre. Quotehttp://biz.yahoo.com/ap/080125/france_societe_generale.html Man, could you imagine if something like that happened at Citi or B of A? Mind boggling... My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
shropshire 0 #2 January 25, 2008 It'll be down the back of the sofa (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
lawrocket 3 #3 January 25, 2008 Not mine. My sofa is loaded with old Cheetos. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Remster 30 #4 January 25, 2008 What I truly dont get is that some reports have stated that the guy cooking the transactions didnt profit from it... Remster Quote Share this post Link to post Share on other sites
BillyVance 35 #5 January 25, 2008 Quote What I truly dont get is that some reports have stated that the guy cooking the transactions didnt profit from it... What can I say? The French really do suck. "Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban Quote Share this post Link to post Share on other sites
nathaniel 0 #6 January 25, 2008 Quote Man, could you imagine if something like that happened at Citi or B of A? Mind boggling... Why pretend? Citi to write down $17B in bad mortgages Bank of America to write down $5.2B in CDOsMy advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski? Quote Share this post Link to post Share on other sites
shropshire 0 #7 January 25, 2008 Yeah, but they are only little American Billions ... not proper sized Euro Billions (see other post) (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
chris74 0 #8 January 25, 2008 bollocks, It is just for conjuring away the big losses from hazardous ( subprimes ) investisments . May be we suck but you , you swallow everything Quote Share this post Link to post Share on other sites
kelpdiver 2 #9 January 25, 2008 QuoteFrom one trader acting without authority. $7.14 billion goes to merdre. And he seems to bear some responsibility for the panic on Monday. Smooth move! Quote Share this post Link to post Share on other sites
Channman 2 #10 January 25, 2008 QuoteQuote Man, could you imagine if something like that happened at Citi or B of A? Mind boggling... Why pretend? Citi to write down $17B in bad mortgages Bank of America to write down $5.2B in CDOs Citi as a company reports to have near 2 Trillion in assets...17Billion in bad loans may be alittle troubling, but I doubt Citi will be looking to the US Tax payers for a bailout, un-like other industries have in the past. Quote Share this post Link to post Share on other sites
lawrocket 3 #11 January 25, 2008 Citi's got problems. They've got assets, but they are suffering in the liquidity side of things. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Misternatural 0 #12 January 25, 2008 And he seems to bear some responsibility for the panic on Monday. word on the street is that it was not entirely unknown by the company-feed the panic and sucker the Fed.- blame the individual. Beware of the collateralizing and monetization of your desires. D S #3.1415 Quote Share this post Link to post Share on other sites
ryoder 1,590 #13 January 25, 2008 Quote Yeah, but they are only little American Billions ... not proper sized Euro Billions (see other post) Well if the Euro is proper-sized then why won't you English adopt it."There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
shropshire 0 #14 January 25, 2008 > Scum bag politicos It'd take it tomorrow. (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
tbrown 26 #15 January 27, 2008 Ha-ha....I LOVE it when stuff like this happens. It restores my faith in human nature. Your humble servant.....Professor Gravity ! Quote Share this post Link to post Share on other sites
