Banking's Golden Rule

Jul 17, 2012 | Posted by: roboblogger | Full story: The Huffington Post

THE crisis has taught people a lot about the banking industry and the thought processes of its leaders.

Comments
1 - 5 of 5 Comments Last updated Oct 4, 2012
a christian

Hemel Hempstead, UK

|
Report Abuse
|
Judge it!
|
#1
Jul 22, 2012
 
golden rule is dont care about yer fellow man'
Love money and only money'
lie when necesssary'
do not respect authority'
greed is the moto'
find a faith that Loves money like most churchs & synagogoes'
to hell with poor; charge usary of 4750% like wonga'and bankrupt people when money is tight' because the baksters made it so' example hiking LIBOR RATES'
diffinatives ' derivatives' payday loans' take the flesh of a good mans bones'
bob's yer uncle' & mervyn auntie' guess who the smileing pig is!
a christian

Hemel Hempstead, UK

|
Report Abuse
|
Judge it!
|
#2
Jul 22, 2012
 
golden rule is dont care about yer fellow man'
Love money and only money'
lie when necesssary'
do not respect authority'
greed is the moto'
find a faith that Loves money like most churchs & synagogoes'
to hell with the poor; charge usary of 4750% like wonga'and bankrupt people when money is tight' because the Banksters made it so' example hiking LIBOR RATES'
diffinatives ' derivatives' payday loans' take the flesh of a good mans bones'
bob's yer uncle' & mervyn yer auntie' guess who the smileing Pig is!
Tamar

Bronx, NY

|
Report Abuse
|
Judge it!
|
#4
Sep 21, 2012
 
I think I saw something similar on the Travel Explosion website before.

“Reverse mortgage loan Texas”

Since: Sep 12

Kingwood, TX

|
Report Abuse
|
Judge it!
|
#6
Sep 28, 2012
 
THE crisis has taught people a lot about the banking industry and the thought processes of its leaders. These lessons can be distilled into four golden rules.

1. The laws of supply and demand do not apply. When food producers compete to supply a supermarket, the retailer has the luxury of selecting the lowest bidder. But when it comes to investment banking, wages are very high even though the number of applicants is vastly greater than the number of posts. If the same was true of, say, hospital cleaning, wages would be slashed.
Jason

Toronto, Canada

|
Report Abuse
|
Judge it!
|
#7
Oct 4, 2012
 
a christian wrote:
golden rule is dont care about yer fellow man'
Love money and only money'
lie when necesssary'
do not respect authority'
greed is the moto'
find a faith that Loves money like most churchs & synagogoes'
to hell with poor; charge usary of 4750% like wonga'and bankrupt people when money is tight' because the baksters made it so' example hiking LIBOR RATES'
diffinatives ' derivatives' payday loans' take the flesh of a good mans bones'
bob's yer uncle' & mervyn auntie' guess who the smileing pig is!
Hey Christian, I'm not surprised. I just read an insightful infographic by Firmex called A Career in Investment Banking: Worth the Investment? http://fir.mx/UHbXoJ . It talks about the reality of becoming an investment banker - both the pros and cons, so I can see where they're coming from.

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

Type in your comments below
Name
(appears on your post)
Comments
Characters left: 4000

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

•••
•••