Tag Archives: bankers

Market forces at work

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It would seem that given the right information markets will take action to correct themselves as Goldman Sachs may be learning. Yesterday a employee of Goldman Sachs left quite publicly listing a whole bunch of problems they had with the current culture and how the firm treated it’s clients and put the needs of the clients secondary to the firms own profits. Today the markets react to the new information deciding the firm is probably worth $2.15 billion less now that they know the firm isn’t looking after it’s customers. Of course it’s quite likely the value will bounce back, … Continue reading →

And so it came to pass

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Hindsight is a wonderful thing, and predictions not written down are easy to get right. However I recall quite a few years back wondering aloud to many people why the various factions in Northern Ireland were bothering as with the EU it’d all become moot anyway, as they’d just be regions of a greater EU state. I wasn’t that politically aware back then but with a single currency and European passports it seemed the logical end point, and once we were all just “Europeans” what would they be fighting for exactly? Via Leg Iron and by way of Witterings from … Continue reading →

Sticking it to the bankers

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Via Captain Ranty a nice, simple risk free way to stick it to the bankers and smash the system. We all just need to withdraw all of our funds from the banks on the same day the 7th December, we can put it all back the very next day but just for one day leave nothing in the bank it will cause chaos and Eric Cantona is supporting it – what more reason do you need? As Captain Ranty observers you don’t even need to take out all of your money, leave in enough to pay any bills due in … Continue reading →