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Originally posted by Asher
**** you. No wonder you're single at your age.
**** you. No wonder you're single at your age.
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Actually I'm divorced. Right before that happened my income went way down.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh -
A divorced person that is not seeing someone is still single, you twit."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Just checking to see how heartless you are.Originally posted by Asher
A divorced person that is not seeing someone is still single, you twit.
I'm happily single and happily poor. If you think you deserve to be rich then you need a reality check. And if you think you need to be with someone to be happy you do for that reason as well.
Being laid off is part of living in a capitalist society. And accountants support that fully. They should be the first one to get pink slips.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I never said that, you twit.Originally posted by Kidicious
Just checking to see how heartless you are.
I'm happily single and happily poor. If you think you deserve to be rich then you need a reality check.
That doesn't make it funny, you twit.Being laid off is part of living in a capitalist society."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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I said it was entertaining, not funny. You are funny.Originally posted by Asher
That doesn't make it funny, you twit.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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C'mon, Asher. The quote feature defeats other important board features.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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See if some people got the axe, don't you think that would be entertaining?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Asher crying is hilarious and typical. It was completely predictable that he would only moan when people like him were being laid off. After all, everyone knows that the only person he cares about is himself.
It's funny how many people suddenly start to complain about capitalism when it bites them in the ass.Only feebs vote.Comment
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If that was true, I wouldn't be upset. I'm still very much employed.Originally posted by Agathon
Asher crying is hilarious and typical. It was completely predictable that he would only moan when people like him were being laid off. After all, everyone knows that the only person he cares about is himself.
I know many of the people and their families that are out of a job and broke as hell, because Lehman paid a huge chunk of their salary in now-worthless stock. So excuse me for not finding it funny like you, and taking issue with a **** like yourself finding their suffering amusing. I also like it that you, completely lacking sympathy, are asserting that I'm the one that only cares about myself.
I'm not complaining about capitalism, I'm complaining about heartless slugs like yourself finding the suffering of others amusing because you disagree with the free market when it is convenient to you*.It's funny how many people suddenly start to complain about capitalism when it bites them in the ass.
* You were yammering endlessly about the stock value of Apple not too long ago, and now you are condemning that system. Get ****ed, you're so transparent."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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AIG thrown $20bn lifeline
By Francesco Guerrera and Chris Hughes in London and Krishna Guha in Washington
Published: September 15 2008 19:01 | Last updated: September 15 2008 19:01
US authorities were on Monday fighting a fresh fire in the crisis on Wall Street, throwing a $20bn lifeline to AIG, one of the world’s largest insurers, just hours after the collapse of Lehman Brothers and Bank of America’s $50bn rescue takeover of Merrill Lynch.
The deal between AIG and New York State insurance regulators allows the company to access $20bn of its own capital in a desperate attempt to stave off a liquidity crisis and credit downgrades.
The move came as fears over AIG’s financial health sent its shares into a tail-spin on Monday morning. The stock fell as much as 70 per cent in morning trading in New York to a intra-day low of $3.50 and was trading 47 per cent lower at $6.24 in mid-afternoon.
The announcement by David Paterson, New York governor, is designed to give AIG, whose balance sheet has been savaged by billions of dollars in writedowns and credit losses, some time to clinch a deal to raise capital through a share sale and asset disposals.
AIG and its advisers spent the weekend hammering out plans to raise up to $40bn in capital, which the insurer needs to shore up its balance sheet and prevent crippling ratings downgrades.
At the same time the Federal Reserve battled to contain a ferocious storm in the overnight borrowing market as financial institutions scrambled for cash, pushing up the actual Fed funds rate at one point to about 6 per cent – triple its target rate.
The US central bank unleashed first $20bn then another $50bn in overnight liquidity in the shape of repos, driving the Fed funds rate for a while at least to 3.5 per cent, still far above the official rate of 2 per cent. The turmoil raised speculation that the Fed could cut interest rates at its policy meeting today, although it appeared more likely that the Fed would indicate that it is monitoring financial developments closely and will act “as needed” to ensure economic stability.
Earlier the European Central Bank and the Bank of England together poured about €36bn liquidity into their own money markets in a bid to contain the hunger for cash unleashed by the failure of Lehman Brothers and wider upheavals on Wall Street.
The US central bank is putting intense pressure on weak financial institutions to strengthen their financial positions, if necessary by accepting a takeover.
It emerged on Monday that Fed and Treasury officials encouraged Merrill’s tie-up with BofA, telling John Thain, its chief executive, on Friday that his bank would be next to come under attack once Lehman failed and it had to find a solution quickly.
Mr Thain, who had been a party to an intense round of discussions with the Federal over the fate of Lehman, said: “Over the course of those discussions it became clear to me that it would make sense to explore options for us.”
After filing for bankruptcy late on Sunday night, Lehman was on Monday still scrambling to sell off assets that retained value as most of its 25,000 employees contemplated a grim future. Assets that could be sold included its asset management business, which was still operating on Monday, and parts of its investment banking arm. Executives at its private-equity division were considering a management buy-out of the unit in case the sale of the asset management business fell through.
Copyright The Financial Times Limited 2008DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Actually the probably weren't. I certainly wouldn't take those jobs at the kind of wages they were making. Too much stress for a salary you could make in Silicon Valley in a far more pleasant environment. We're not talking about the guys at the top who make millions while the company goes down in flames.Originally posted by Kidicious
Erm... they were probably making too much money anyway. They probably thought that made them better than other people to. So it's entertaining."The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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Entertaining to see thousands of mid-level workers making under 100k in NYC (ie, not that much money) lose not only their job, but also their retirement and investments?Originally posted by Kidicious
Erm... they were probably making too much money anyway. They probably thought that made them better than other people to. So it's entertaining.
These are people just like you, except rather than being a number cruncher in oklahoma city making 40k/year, they're performing similar tasks in NYC making 80k/year, quite similar to your salary with col figured.
These people who lost their jobs are you, just in a different location.Comment
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Interesting you should put it that way. If you haven't noticed, please look at the first quote in my signature....Originally posted by Asher
I'm not complaining about capitalism, I'm complaining about heartless slugs like yourself finding the suffering of others amusing because you disagree with the free market when it is convenient to you*.
At least I don't get entertainment from profiting off of the suffering of others. That's what these guys do. Now do you see the entertainment?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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How do you figure that? It might cost 20k more a year to live there at the most. That's 20k more to save, **** around with or make more money with.Originally posted by asleepathewheel
Entertaining to see thousands of mid-level workers making under 100k in NYC (ie, not that much money) lose not only their job, but also their retirement and investments?
These are people just like you, except rather than being a number cruncher in oklahoma city making 40k/year, they're performing similar tasks in NYC making 80k/year, quite similar to your salary with col figured.
These people who lost their jobs are you, just in a different location.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Even if that number is true, which it is not, look at any online calculator for example, do you think an extra grand or two a month pre tax makes someone that much different than you?Originally posted by Kidicious
How do you figure that? It might cost 20k more a year to live there at the most. That's 20k more to save, **** around with or make more money with.Comment
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