Friday, May 11, 2012

Until investment bankers are required to work for salaries, rather than for commissions and bonuses, this is what will continue to result from their unbridled avarice and greed

http://www.npr.org/player/v2/mediaPlayer.html?action=1&t=1&islist=false&id=152480789&m=152480764

He may have "egg on his face," but I'll bet this CEO has tens (hundreds?) of millions tucked neatly away to salve his embarrassment:

http://timesofindia.indiatimes.com/business/international-business/JPMorgan-loses-2-billion-CEO-Jamie-Dimon-admits-egg-on-face/articleshow/13095881.cms

The pigs were trying to squeeze through a legal loophole:

http://www.slate.com/blogs/moneybox/2012/05/10/jp_morgan_volcker_loophole.html

Look at this picture and imagine the company and its employees:

http://en.wikipedia.org/wiki/File:Little_Piggies.jpg

And they wonder why we hate them... all we want is for them to honestly and prudently manage our modest retirement funds so that we might enjoy a measure of security and relaxation in our old age.

But they NEVER will, so long as they can glut themselves at our expense.

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