It's been non-stop demands of "off with their heads" from the CNBC crowd the last 2 days - far beyond anything resembling a reasonable level, even for them. Clawbacks? Seriously?! On paper losses from an open position? What happens if the position recovers it's loss and and then makes another 20% tomorrow, will you re-credit the accounts of the people you clawed back?!
Have you people lost your freakin minds?
The lesson we should all take from this my fellow Wall Street brethren is, let it be a cold day in hell before you go to work at a US bank again. If they can do this to Jaime Dimon's crowd (I wonder who's cheerios he peed in) then just imagine what they'll do to someone without juice.
To hell with those people.
By the way, as an MFGlobal client who is still waiting to get his cash back (not his positions... his CASH) I really appreciate that you gave that story the same attention as this one - CNBC losers.
Journalistic credibility really isn't worth anything anymore.
5 comments:
carl levine and now doj--holder think theyv died and gone to heaven.. dimon was the one that didnt want tarp.... he was the most vocal bout regs ..so now they are goin to bring him down to their level(which is hard to do)... ive been buying jpm hand over fist here..dont expect big pop but slow long term stuff.as to cnbc right now im watching the cotton club ..hi de hi de do
but what really pisses the f... outa me is at 400 mil a plane where is my government and doj on A F-22 THAT IS SITTIN ON THE GROUND WITH HUGE OVERUNS..... wheres that freakin clawback.???? wheres prison time.???
off subject sorta but maybe it was ikaika that mentioned levine and those glasses and how it drives him nuts... they do me also . but it got me to thinking how our brains work and how a visual can flash and the tons of chemicals that are released causing emotions. to one person you could flash levine and they might think of a kindly old grandpa.but once you listened over and over to him the flash jus makes you reach for the 40mm.. i get that same thing on a banking analyst just on called chris whalen... big blowhard who knows it all.. undoubtedly needs cpap at night to breathe. i jus want to pull a belushi in animal house where he breaks the dudes guitar and then says " sorry". i jus want to rip off a clip and say "sorry"/. thanx for my rant.
Langone nailed it this morning. We are spared the Sorkin ...
agree ikaika.....there once was a group of people known as "the greatest generation".
Post a Comment