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Author Topic: CNN punked..  (Read 874 times)

PWV

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CNN punked..
« on: September 16, 2008, 07:46:49 AM »
 :mrgreen:

Check out the guys making out behind him at 0:43



 :mrgreen:
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uwe

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Re: CNN punked..
« Reply #1 on: September 16, 2008, 07:57:16 AM »
I appreciate the close bonding ot Lehman male employees in times of excruciating hardship. Investment bankers in love.  :)

It's a pretty amazing development. Lehmans broke and Merrill Lynch running for cover with BofA, a couple of years ago Merrill could have easily bought BofA, but would have sniffed their noses at it for lack of profitability. Retail banking, yuck! Chickens coming home to roost now.

I read in a magazine that investment banks generated 30 % of the profits within the US economy in recent years, yet contributed less than 1 % to the GNP. Something is wrong about that and it could not have lasted forever.

Uwe
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TBird1958

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Re: CNN punked..
« Reply #2 on: September 16, 2008, 08:12:17 AM »

 Mmmmmmmmmmm....Boy tongue.   :gay:
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Dave W

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Re: CNN punked..
« Reply #3 on: September 16, 2008, 08:30:05 AM »
Quote from: uwe on September 16, 2008, 07:57:16 AM
I appreciate the close bonding ot Lehman male employees in times of excruciating hardship. Investment bankers in love.  :)

It's a pretty amazing development. Lehmans broke and Merrill Lynch running for cover with BofA, a couple of years ago Merrill could have easily bought BofA, but would have sniffed their noses at it for lack of profitability. Retail banking, yuck! Chickens coming home to roost now.

I read in a magazine that investment banks generated 30 % of the profits within the US economy in recent years, yet contributed less than 1 % to the GNP. Something is wrong about that and it could not have lasted forever.

Uwe

Not to get deep into economics here, but have you heard of Nouriel Roubini? He's an economics professor at NYU, and until recently he was known mainly for his dire predictions about the coming economic crisis. And "serious" economists refused to take him seriously. Now that many of his predicitions have come to pass, people are listening to him. You have to register (free) at his site to read his articles but he says we're nowhere near the bottom yet.
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