So after the shambles of the crazy risk management and sub prime market the big banks are announcing their 1st 1/4 profits at the mo.
Can someone explain to me if they are supposed to be taking less risks now and not lending to any old tom dick and harry how the feck they are recording huge profits again only a year after all the losses?
Following their friends like JP Morgan and Citi Bank, Goldman Sachs announce first quarter profits of over $3.4 billion.
You just cannot seem to go wrong in this trade, how I wish I decided to work for one of these boys. The staff bonuses are averaging over $150K for 3 months work after nearly breaking the worlds economy.
Shit they have recovered quickly. Anyone work in this game????
Can someone explain to me if they are supposed to be taking less risks now and not lending to any old tom dick and harry how the feck they are recording huge profits again only a year after all the losses?
Following their friends like JP Morgan and Citi Bank, Goldman Sachs announce first quarter profits of over $3.4 billion.
You just cannot seem to go wrong in this trade, how I wish I decided to work for one of these boys. The staff bonuses are averaging over $150K for 3 months work after nearly breaking the worlds economy.
Shit they have recovered quickly. Anyone work in this game????
