how the Anglo-Saxons ruined the world

many of us thought that Anglo-Saxon investment banking GREED

led to the financial crisis

in reality

it's more a case of Anglo-Saxon IDIOCY, STUPIDITY, ARROGANCE

and

UTTER

INCOMPETENCE

an almost childlike belief in your own fairy-tales

now

a bunch of (probably , City based, English ) investment bankers at JP Morgan

have started using the SAME QUANT MODELS they use in every day investment banking work

to PREDICT who will win the World Cup

guess what the results are ?!

http://www.guardian.co.uk/business/2010/may/18/england-win-world-cup-jp-morgan



the EU, China, India, Russia, Brazil and the rest of the non-Anglo-Saxon world should

REFUSE to ever use an ENGISH, AMERICAN.... banker again

LOL stuff

Anglo-Saxons AND Money

London>>>>Frankfurt

Anglo >>> Saxons

Oh, wait...

HYPE!

Its just a bit of fun.

I understand the concept 'fun' is difficult to grasp for many Germans...

Ä wrote:many of us thought that Anglo-Saxon investment banking GREED

led to the financial crisis

in reality

it's more a case of Anglo-Saxon IDIOCY, STUPIDITY, ARROGANCE

and

UTTER

INCOMPETENCE

an almost childlike belief in your own fairy-tales

now

a bunch of (probably , City based, English ) investment bankers at JP Morgan

have started using the SAME QUANT MODELS they use in every day investment banking work

to PREDICT who will win the World Cup

guess what the results are ?!

http://www.guardian.co.uk/business/2010/may/18/england-win-world-cup-jp-morgan



the EU, China, India, Russia, Brazil and the rest of the non-Anglo-Saxon world should

REFUSE to ever use an ENGISH, AMERICAN.... banker again

LOL stuff

Anglo-Saxons AND Money

You do realise that Deutsche Bank was one of the biggest contributors to the collapse of the economy

http://www.spiegel.de/international/business/0,1518,638732,00.html

Easy to blame the English and the Americans whilst conveniently forgetting your country's largest bank was piggy backing on the risk taking investment strategies in order to fill it's own pockets.

As for the quant model predicting the World Cup winner - yes it is amusing, never trust a banker

Dresdner aswell! what a joke they were

bernd

contrary to what you may believe

the VAST MAJORITY of Deutsch Bank INVESTMENT bankers

are NOT deutsch at all

but rather Anglo-Saxons, operating out of London and NY

in fact, the top DB earner had been an London based Indian for a long time

the Germans tend to do the boring stuff in Frankfurt

they are simply too honest for the devious Anglo-Saxon stuff

Since when were a bunch of people called Finklestein, Weinman, Steinman, Goldstein etc considered anglo-saxon?

Kimbo wrote:Since when were a bunch of people called Finklestein, Weinman, Steinman, Goldstein etc considered anglo-saxon?

you are quite right, kimbo

international investment banking is mostly

anglo-saxon

+

jewish

+

with a smattering of swiss... elements

Tweesus wrote:Its just a bit of fun.

I understand the concept 'fun' is difficult to grasp for many Germans...

Fun? Fun? We are not in this world for fun. The thought of it. Don't you realize what has to be done? The street would go unswept. The children would wilt undisciplined. Cars unwashed. To work at 5.30 am. There simply are not enough hours in the day to grasp that nettle you call fun. Next you want us to enjoy sex.
Gosh is that the time? I'm of to the pub.
Tallyho young Twit.

Well that explains the quintillions of dollars in losses due to their derivatives and hedge funds.