Out of Pod Experience

You leave He-Man outta this.

That's funny. On his way out, he takes the opportunity to work in his self-promotion/brag. "Managed a $1 trillion fund." "Selected as one 10 out of 30,000 employees." (I wonder how many of those 30,000 applied?) Typical business world pr*ck. They're plentiful, they grow on trees.

Reading the article, I can kind of understand his choice. When he started at the firm, it was about the client, first and foremost.

Now, it's gone from that to 'f** the client over so we get more money'. Sorry to burst your bubble, but some people don't like having to do things that way.

In a battle between employment and ethics, he chose ethics. And I salute him for it.

What i find most curious in the whole narrative of moral hazard since the financial crisis is that the South Sea Bubble is never mentioned in media. It was a speculative shares bubble that collapsed in 1720 in London

I don't beleive there is a free press. Why is it the Guardian newspaper of London which is supposed to be the best left wing paper in the UK comes out with a load of repetitive thin lefty waffle whereas the New York Times has higher quality.. lefty waffle. Surely both newspapers can attract the most brightest literate minds. Simarily I don't beleive there is a freedom of cultural expression. Its the 'negative liberty' gig which I assume is to keep citizens away from a lot of spooky abstract political thought that dipped the world into anarchy in the first half the 20th century

About the USA - there is, well compared to the past, a lot more economic dislocation. Apple is sitting on £100 billion in cash. General Electric one year did'nt pay any taxes. Americans spend three times more per head on its healthcare system. But yet again the national economy is rebounding with GDP and jobs growth.
While big government Europe is still staggering around. Though Germany, the world's 2nd biggest exporter, is doing well. Especially as the Chinese like German cars, machine tools, etc

/rant: As a Brit I find the whole 'special relationship' thing with the USA the most epic troll ever. While I agree with military intervention in the parts of the world with the yanks (which ok often have a lot of oil). I wish the UK had a more subdued but rational relationship to the USA. Rather than having to ride on the US President's 'we are your best friend (2nd to that other country)' rodeo. The Germans have a better inside line - AMD factories in Germany, BMW, Mercedes factories in USA. And good for them. But they don't have to endure the happy clappy crap we do of America's media machine which has a superficial gloss of looking like the Roman Empire crossed with Loony Tunes

/Ah well all that is basically a conscice version of what I used to constantly post in this section - toodles!

Sorry to burst your bubble, but the "America is doing better" line is nothing but propaganda. Look at the facts:

- The national debt keep climbing higher, and the rate of increase is going up.
- The number of people who depend of food tickets exceed 50 millions, and sharply increasing.
- Average unemployment duration between two jobs is at an all-time high, now more than 30 weeks.
- The winter job increase is explained by seasonal jobs. Once you remove those and look only at stable jobs, you can see the US economy is still destructing jobs. Plus those doing the stats are doing their best to push people out of the official statistic.
- No one buy US debt except the US. That's why Bernanke is preparing a QE3, and that's not going to be the last QE. Every country possessing US debt is also trying to get rid of it. China had over 1.3 trillions dollars of US debt two years ago, now 1.19 trilions.

The truth is that the US still has it's butt deep into the crack, like very other country.

Yea but beef sales are up so it can't be all that bad

Meh, wake me when the revolution is in full swing and we can attend the public guillotine of these scumbags.

That's one of the ones that got a bonus bigger than all the money I'll ever make in my whole life after the bail out isn't it? Makes me sick him having the balls to complain about other people's morals. Pot, kettle, black. The dude should be in prison.


It's not about morals. It's about "oh crap the company is in trouble. I better GTFO with my 50 gajillion dollar golden parachute while the getting is good. I'll make up some random excuse later".