shah269 0 #26 June 27, 2012 weekender OK so you make enough money from said fraud that YOU don't have to work again. And your employer will do the exact same thing in two weeks under the same name. Better? Please pardon us liberal educated type for not trusting your profession much.....I mean one major hosing crisis and GS hiding Greeks debts so they could get into the EU and not to mention those lovely practices of adding fees to fees........cough cough BofA...... Sorry buddy...but right now trust for your profession is slightly lower that of say disgruntled suicide bomber.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
kelpdiver 2 #27 June 27, 2012 Quote>with that said, your are a complete dolt! And your one warning. come on - a misspelled flame can't be taken seriously. And besides, Shah make it clear (as if there were any doubt) in post 7 that he wants and needs that sort of attention, It's cheaper than paying a hooker to whip him. Quote Share this post Link to post Share on other sites
weekender 0 #28 June 27, 2012 Quoteweekender OK so you make enough money from said fraud that YOU don't have to work again. And your employer will do the exact same thing in two weeks under the same name. Better? Better? IMO, its still just plain inaccurate to how the world works. BUT it is not a complete fabrication of your mind stated as facts like the last one. this at least reads as your opinion and somewhat coherent. So yea, its much better i suppose. (i say with a smile)"The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
weekender 0 #29 June 27, 2012 Quoteweekender OK so you make enough money from said fraud that YOU don't have to work again. And your employer will do the exact same thing in two weeks under the same name. Better? Please pardon us liberal educated type for not trusting your profession much.....I mean one major hosing crisis and GS hiding Greeks debts so they could get into the EU and not to mention those lovely practices of adding fees to fees........cough cough BofA...... Sorry buddy...but right now trust for your profession is slightly lower that of say disgruntled suicide bomber. dont apoligize, its your opinion and i dont really care. i never comment on your hatred of the business. go back and read all my posts. i comment when you state opinion as fact or when you just plain make it up."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #30 June 27, 2012 Quote Better? IMO, its still just plain inaccurate to how the world works. BUT it is not a complete fabrication of your mind stated as facts like the last one. this at least reads as your opinion and somewhat coherent. So yea, its much better i suppose. (i say with a smile) I was just using the Jersy "Youze" and the "Wez" You as as in Youze kids....and Wez be investing your 401k in the Mexican stock market! But let's be honest, some one smart enough could in theory get away with this level of fraud for a very very long time. Stack aside a good nest egg for him and his family. Such that when things do go down...if they do go down...he does a few years...comes out and goes off and lives a good life in Florida. It does happen right? Well if a bank robber did that.....would that be ok? NO! Hell no! And let's be honest, as it stands right now the public doesn't exactly have much "trust" in the banking sector. And when there is no trust...the banking sector may have some problems..... But then again....what choice do you have right? Bank with this mega bank who has trust issues or with that bank who lost $2billion and has trust issues or....go to your local Credit Union. Trust right now with the big banks is probably par with trust with Iran.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #31 June 27, 2012 >But let's be honest, some one smart enough could in theory get away with this level of fraud for a very very long time. Stack aside a good nest egg for him and his family. Such that when things do go down...if they do go down...he does a few years...comes out and goes off and lives a good life in Florida. >It does happen right? im not into what ifs. If a bullfrog had hip pockets he would carry pistols, right? be honest. does it happen? I do not know of one case. everyone ive ever seen lose their license did not end up on easy street. actually its usually the opposite. lose their house, car, wife, girlfriend etc... i'm sure you can find a few example's but i dont believe its the rule as you imply. which, as you say, lets be honest. IS what you are implying."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #32 June 27, 2012 lose their house, car, wife, girlfriend etc Wait why stop keep going! This is the best part of a sucm bucket loosing it all! http://www.bbc.co.uk/news/business-18612279 QuoteBarclays said the actions "fell well short of standards". Chief executive Bob Diamond is to give up his bonus. Wait is his cousin the CEO of another bank that lost $2billion?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
loumeinhart 0 #33 June 28, 2012 QuoteYep. You are always free to not use a banker. But you like what he gives you, so you continue. right on Quote Share this post Link to post Share on other sites
loumeinhart 0 #34 June 28, 2012 Quote Trust right now with the big banks is probably par with trust with Iran. I've banked 16yrs since my first job and -never- been screwed. Years ago by debit card was snagged and ran up over $1000/overdrafted my checking account. Guess what.. The bank cleared me WITHOUT a police report and reset my account. I've since used other banks but always keep a bit in that account because they did me right. Maybe you should switch to the banks that I've used . Oh yea, like Billvon said, if you don't like banks...don't use them!! Don't want a mortgage for $175,000? Then simply save the money. Or do like I did and buy an awesome house for $3,500 and be done with it. Chicks will still bang you in a 3500 house trust me. It's all in the paint /candles Quote Share this post Link to post Share on other sites
Coreece 190 #35 June 28, 2012 My son's mom is a banker...biggest bitch you'll ever meet...I tried schooling him against the ins and outs ( I was once part of the elite destroying this country) I unleashed hell... David Gilmour - There's No Way Out of Here http://www.youtube.com/watch?v=gp1ekcwPNfQ Your secrets are the true reflection of who you really are... Quote Share this post Link to post Share on other sites
yourmomma 0 #36 June 28, 2012 All that can be said is; if regulations were not stripping the ability of these people to make money, they would have not had to do this. The markets, if left alone by government, would have corrected for this. Quote Share this post Link to post Share on other sites
weekender 0 #37 June 28, 2012 QuoteAll that can be said is; if regulations were not stripping the ability of these people to make money, they would have not had to do this. The markets, if left alone by government, would have corrected for this. I respectfully disagree. this Libor situation happened because the market was not properly regulated, IMO. this reads exactly like what the equity OTC guys did till the mid 90', untill the regulators stepped in and stopped it. Colluding with traders at other firms was rampant before then. everyone did it because they felt it was how the markets worked. problem is, when you ask other market makers to move their markets to help your bank, your causing harm to your customer. thats exactly what the Libor guys were doing as far as i understand. i'm kinda shocked in this day and age the traders could get away with that for so long. didnt they learn anything from the equity markets? make them post electronic markets and dont allow them to speak to each other, alla the equity otc markets. that would stop it cold. its not like the regulators didnt have a huge example to learn from. traders cheated and regulators didnt notice and should have. thats how i see it."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #38 June 28, 2012 QuoteThe markets, if left alone by government, would have corrected for this. OK.....how would this be? I'm assuming you trust your maga bank more than you trust the regulators who ensure that siad mega bank doesn't invest your money in Chineese carrier pigions and not tell you about it. Help out the MBA.....how would the "market" correct it self if YOU have no choice.... And before you stop your feet, you really do have a minimum choice who you bank with and how much influence these mega institutions have over the markets. It's borderline colusion but good luck proving that one. And when you form your rebuttal please form it in a manner that stays away from calling me or any one commpy pinco bastards who hate america and what not.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
Butters 0 #39 June 28, 2012 Quote All that can be said is; if regulations were not stripping the ability of these people to make money, they would have not had to do this. The markets, if left alone by government, would have corrected for this. Keep trolling. If you're not trolling ... are you suggesting that if the government left the mafia alone that society would have corrected for it? "That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
shah269 0 #40 June 28, 2012 Quote traders cheated and regulators didn't notice and should have. that how i see it. Weekender, So what do you think can be done to prevent this in the future and or to limit the damage that can be done to the system both in terms of financial losses as well as loss in trust? Is is a simple issue of the laws not being well written enough, are there not enough well educated regulators or is it more complicated?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
Butters 0 #41 June 29, 2012 If you're wondering who to rob ... QuoteCarollo, Goldberg and Grimm, who will be sentenced in October, face as many as five years in jail. ... for stealing billions from cities and small towns. QuoteCable-modem hacker Ryan Harris has been sentenced to three years in prison ... .. for stealing millions from companies."That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
weekender 0 #42 June 29, 2012 QuoteQuote traders cheated and regulators didn't notice and should have. that how i see it. Weekender, So what do you think can be done to prevent this in the future and or to limit the damage that can be done to the system both in terms of financial losses as well as loss in trust? Is is a simple issue of the laws not being well written enough, are there not enough well educated regulators or is it more complicated? i said it in my other post. make them quote electronically and forbid them from talking to each other. Thats how the equity markets got rid of this problem. In this day and age someone can figure out a way to post the quotes somewhere. as far as regulators i think there are not enough. we dont need new rules because this stuff is already illegal. we need more eyes on the screen. Finra is hiring, which is great but the SEC is not. They have no money because the same pol's who claim we need more of them wont pass a budget. Also, its so obvious but the SEC needs less lawyers and more ex-traders. They rely to much on Finra to catch people. Make it a competition, a race to see who can catch the bad guys."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #43 July 2, 2012 But the most you can hit them with is check fraud right? Not right you can hit these guys with the book like we do bank thieves right? No offence but I can't think of anything more eye for an eye than a white boy in a nice medium security prison. I think if we strap a go pro to their heads and charged PPV we may be able to get some of the money they stole back just in PPV fees? No sir I do not wish to toss your salad I've already had lunch...what do you mean I don't have a choice? http://l1.yimg.com/bt/api/res/1.2/VFZXDplV8SLw2pCc1hhf0g--/YXBwaWQ9eW5ld3M7Zmk9aW5zZXQ7aD0zNzM7cT04NTt3PTUxMg--/http://globalfinance.zenfs.com/images/US_AHTTP_REUTERS_OLUSBUS_WRAPPER_H_LIVE_NEW/2012-07-02T062741Z_3_CBRE8601E6U00_RTROPTP_3_FRANCE-FILLON_original.jpg http://finance.yahoo.com/news/barclays-chair-quits-devastating-libor-061637797.html Barclays chairman quits over rate-fixing scandal Yeah ok so he walks and takes his money and him and his kids and his kids kids and his kids kids kids will live long happy lives off their ill gotten gains? How is this right again? And how can the GOP defend people like this saying that they should be provided more "freedom" to make more money?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
kallend 2,108 #44 July 2, 2012 QuoteBut the most you can hit them with is check fraud right? Not right you can hit these guys with the book like we do bank thieves right? No offence but I can't think of anything more eye for an eye than a white boy in a nice medium security prison. I think if we strap a go pro to their heads and charged PPV we may be able to get some of the money they stole back just in PPV fees? No sir I do not wish to toss your salad I've already had lunch...what do you mean I don't have a choice? http://l1.yimg.com/bt/api/res/1.2/VFZXDplV8SLw2pCc1hhf0g--/YXBwaWQ9eW5ld3M7Zmk9aW5zZXQ7aD0zNzM7cT04NTt3PTUxMg--/http://globalfinance.zenfs.com/images/US_AHTTP_REUTERS_OLUSBUS_WRAPPER_H_LIVE_NEW/2012-07-02T062741Z_3_CBRE8601E6U00_RTROPTP_3_FRANCE-FILLON_original.jpg http://finance.yahoo.com/news/barclays-chair-quits-devastating-libor-061637797.html Barclays chairman quits over rate-fixing scandal Yeah ok so he walks and takes his money and him and his kids and his kids kids and his kids kids kids will live long happy lives off their ill gotten gains? How is this right again? And how can the GOP defend people like this saying that they should be provided more "freedom" to make more money? But but but... bankers are wonderful people who deserve the $millions they make. They need no regulation. It's the stupid folks who want to buy a house to live in that caused all the problems.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
shah269 0 #45 July 2, 2012 This is kind of funny. Defending big banks is kind of like defending Irans actions. I'm from Iran and I don't even try to defend Irans actions! I have no idea how big banks can defend what they do half the times? We all have a right to work hard and make good money as long as we live within the letter of the law. But when we step out of it.....i know its harsh can we treat them as we do common folks? Kick down some doors? maybe shoot their dog? throw them out the window and hit them with a resisting arrest charge?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #46 July 2, 2012 >But the most you can hit them with is check fraud right? >Not right you can hit these guys with the book like we do bank thieves right? you are starting to get irrational and i wil most likely walk away from this thread. you are welcome to discuss your violent homo erotic fantasies without me. my only reply is that society has decided that violent crimes are treated harsher than non violent crimes. these laws have been on the books long before the most recent crisis."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #47 July 2, 2012 Quotesociety has decided that violent crimes are treated harsher than non violent crimes But maybe society has had a change of heart? I mean ok so I'm walking in Brooklyn and a crack head takes out a knife and says give me your money...so i give him my $50 or whatever I have. And he runs. OK he took the money I had in my pocket for today. But i'm sure you can't argue that many of these criminal bankers are taking money from society every hour of every day? So who is more devastating to the public at large? The crack head who will be picked up by the cops, beaten to within an inch of his life and spend 15 years behind bars? Or the banker who well as someone put it....though they get busted not all of the money is ever recovered and though they may "never work in this town" can still live a decent life on the ill gotten gains and maybe even start up a nice consulting firm on the side giggling every time he says "Well that's just the going interest rate! Suck it up!" Call me what you wish but...I would rather get robbed at knife point by a crack head and loose $50 just once! And maybe society is starting to agree with me? And perhaps harsher sentences will be brought forth treating these well dressed well educated well connected thieves no better than how we treat the common criminal? Maybe kick down some doors? Sick the dogs on them? Maybe have the arresting office scream "stop resisting arrest" while tazzering the perp and pepper spraying his staff? Maybe have the show COPS in tow? But who am I kidding right? Neither party has the balls or the brains let alone the back bone to stand up to this level of thievery. It's sad and funny, in Mexico they have the drug dealers and here in the north we have some bankers who are really no better. Please note I did state "some bankers". As I've said before and I'll say again, we need banks as much as banks need us. And not everyone is as crooked as some. But those who are should be treated as the criminals they are, unless someone has a problem with that?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #48 July 2, 2012 >But maybe society has had a change of heart? Bernie Madoff will die in jail. Allen Standford will die in jail. Raj Rajaratnam got 11 years for insider trading. A crime with no direct victim. Society does punish people for financial crimes. you arent aware of it or ignore it because it doesnt fit your theme. "Bankers evil, I'm good/victim."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
billvon 3,078 #49 July 2, 2012 >I mean ok so I'm walking in Brooklyn and a crack head takes out a knife and says >give me your money...so i give him my $50 or whatever I have. And he runs. OK he >took the money I had in my pocket for today. >But i'm sure you can't argue that many of these criminal bankers are taking money >from society every hour of every day? >So who is more devastating to the public at large? The crack head who uses his knife. >Call me what you wish but...I would rather get robbed at knife point by a crack >head and loose $50 just once! How many times would you be willing to be stabbed? Quote Share this post Link to post Share on other sites
shah269 0 #50 July 2, 2012 QuoteA crime with no direct victim. weekender. You want to go back and maybe change that one? I'm sure you know full well that those you have called out in your post were criminals and that there were victims to their crime. I would even argue that the men that you called out should be treated as criminals rather terrorists. For they acted as terrorists and terrorized a good number of people and many institutions. As for getting stabbed? Man I will gladly give $50 to any crack head if it ensured me that for the rest of my life I would be free from the actions of a few financial terrorists.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
