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Discuss J P Morgan loses $2 Billion in six weeks in Current Affairs, News and Analysis on The Army Rumour Service; Originally Posted by brokerboy What on earth are you on about "our money they have lost " Oh you just have to go along with it. Whenever banks are involved, the done thing on this ...
  1. #21
    Senior Member DeltaDog's Avatar
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    Quote Originally Posted by brokerboy View Post
    What on earth are you on about "our money they have lost "
    Oh you just have to go along with it. Whenever banks are involved, the done thing on this website is to hold your head in your hands and wail loudly about injustice, fat cats and thievery. Extra points if you can throw in a reference to Thatcher or a recently deceased relative who was screwed by the bank.

    Don't bother with research. If you absolutely have to, scan one biased article and pick out a couple of facts that support whatever you've written. Ignore any that don't. Alternatively, lift your opinion straight from The Guardian or Daily Mail.
    brokerboy likes this.
    Try not to die a virgin. When you get to heaven they make you fuck a suicide bomber.

  2. #22
    Moderator ugly's Avatar
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    it was metaphorically speaking, I dont have any savings left thanks to the fucking banks
    "I'd rather be a tired old Has been, than a tired old Never Has Been!!"
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  3. #23
    Senior Member DeltaDog's Avatar
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    Quote Originally Posted by ugly View Post
    it was metaphorically speaking, I dont have any savings left thanks to the fucking banks
    Good call. Highlighting an obscure personal tragedy is a good way to avoid having to explain your opinions.

    No need to differentiate between banks, either. They're all part of the same evil empire, after all.
    Krazy_Ivan likes this.
    Try not to die a virgin. When you get to heaven they make you fuck a suicide bomber.

  4. #24
    Senior Member brokerboy's Avatar
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    Quote Originally Posted by ugly View Post
    it was metaphorically speaking, I dont have any savings left thanks to the fucking banks
    serious question, how have the banks stolen your savings ?

  5. #25
    Senior Member vvaannmmaann's Avatar
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    Ina Drew, the JP Morgan banker in charge of the largely London-based unit behind $2bn (£1.24bn) of trading losses at the bank, was paid $14m last year.

    Daily Telegraph.
    Older,but no wiser.

  6. #26
    Senior Member brokerboy's Avatar
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    Quote Originally Posted by vvaannmmaann View Post
    Ina Drew, the JP Morgan banker in charge of the largely London-based unit behind $2bn (£1.24bn) of trading losses at the bank, was paid $14m last year.

    Daily Telegraph.
    yes its a London based unit , just like abu qatada is, he's still not british though is he ?

  7. #27
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    Quote Originally Posted by DeltaDog View Post
    Good call. Highlighting an obscure personal tragedy is a good way to avoid having to explain your opinions.

    No need to differentiate between banks, either. They're all part of the same evil empire, after all.
    They are part of the same trading system, resting on a form of pure capitalism which is post industrial, global and almost entirely unregulated.

  8. #28
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    Another idiot in a American financial company betting pro euro just like MF Global. This guy may have put 200 billion into European corporate CDS. The 2 billion loss is maybe just the CDS that have been called in last six weeks and not the total loss from unwinding the total amount of position taken.

    JP Morgan: When basis trades blow up | Felix Salmon
    Last edited by Siddar; 11-05-2012 at 19:36.

  9. #29
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    Quote Originally Posted by DeltaDog View Post
    Oh you just have to go along with it. Whenever banks are involved, the done thing on this website is to hold your head in your hands and wail loudly about injustice, fat cats and thievery. Extra points if you can throw in a reference to Thatcher or a recently deceased relative who was screwed by the bank.

    Don't bother with research. If you absolutely have to, scan one biased article and pick out a couple of facts that support whatever you've written. Ignore any that don't. Alternatively, lift your opinion straight from The Guardian or Daily Mail.
    Very good. Have you ever seriously read any of "the other side" of the argument."who Runs Britain" by Robert Peston is a good start, and it makes perfect sense (unlike the bloke interview/reporting style it has to be said).

  10. #30
    Senior Member brighton hippy's Avatar
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    Oh dear how sad never mind

    I suppose we have to bail them :(
    On a Hot morning in cyprus I found the meaning of anger. Fortunataly I was comftably numb.
    The RSM and various other NCO's seemed very agitated.
    maybe they should look into counselling?

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