Images like these, on the front pages of major news sites for the past few weeks, are rarely accompanied by captions.
So I have to create my own, and I always assume that sad stock traders must be thinking something like:
“Fuuuuuuuck…. there goes my seven figure bonus this year.”
I wish someone would interview these guys.
I’d really like to know if they are about to lose things that actually matter. That way, I can at least pretend to feel bad for them. Except, it’s kind of hard right now.
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Alex in the DT is always good on city cynics
http://www.telegraph.co.uk/money/Alex/pAlexTemplate.jhtml
I wonder if this blame the fat cat thing is overdone. I suspect that their bonuses are a tiny percentage of the amount of money they moved around, mostly on behalf of savings and pension funds, ie on behalf of people like you and me. We never complained when they made profits.
Posted by xoggoth | October 9, 2008, 9:36 amThat link truncated, ends .jhtml
Posted by xoggoth | October 9, 2008, 9:37 amI take issue with any insinuation that stock traders ever set out to do anything good “on behalf of people like you and me.”
And actually, lots of us complained. You just weren’t listening.
Posted by QuiQui | October 9, 2008, 10:34 amDamn Qui Qui, you sound like a hater to me. I would never wish harm/negative on random people who have never done anything bad to me…especially not these random people in these pictures. Not cool, just hate.
Posted by Pali-American | October 9, 2008, 11:02 amQuiQui, that’s the beauty of well-regulated capitalism; they moved around other people’s money, to the benefit of those people, for self-interested reasons.
I’m a liberal democrat, but even I get that this crisis is the result of some very complex steps and mis-steps that can’t just be summed up by prattling on about corporate greed.
Posted by Joe | October 9, 2008, 11:25 am“…So I have to create my own, and I always assume that sad stock traders must be thinking something like:…”
Financial dweeb thinking to himself, “I wonder if it is true: ‘Whoever wins the Televised Prez-dental Debate will die in an obvious Mobster-like Hit within 36 months after the debate..’”
Posted by MooPig_Wisdom | October 9, 2008, 12:16 pmAren’t there any girl financial dweebs?
Posted by Bonty | October 9, 2008, 1:06 pmQui Qui, do you have any idea who the people in these photos are? You think the people in these photos make 100 grand a year? You think the people in these photos are ultra rich investment bankers? You think you know ANYTHING bout the current economic crisis? Didn’t think so.
Posted by shotcaller | October 9, 2008, 10:46 pmInvestors continue to shift money into safer investments, most of it going into the government bond market.
MyInvestorsPlace – trading, value, investing, forex, stock, market, technical, analysis, systems
Posted by myinvestorsplace | November 18, 2008, 3:05 amI think the gist here from the comments is that these photos are of Fall Guys… or Gals, and they represent the underdog… I can go with that. I see it too.
Give them the old Bill Clinton salute: “I feel your pain.”
Yes these brokers get bonuses but they spread it out over the year with deductibles… no? They have bosses too you know. To make zero taxable income dollars in a year is the goal of small business blokes… is it not?
Posted by MooPig_Wisdom | November 18, 2008, 6:42 am