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Tyco International Ltd. Message Board

  • tycoinsider tycoinsider Feb 11, 2013 11:58 AM Flag

    So God Made a Banker

    And on the eight day God looked down on his planned paradise and said: " I need someone who can flip this for a quick buck"... So God made a banker.

    God said: "I need someone who doesn't grow anything or make anything but who will borrow money from the public at 0% interest and then lend it back to the public at 5% or 6% or 10% and pay himself a bonus for doing so"... So God made a banker.

    God said: "I need someone who will take money from the people who work and save, and use that money to create a dotcom bubble and a housing bubble and a stock bubble and an oil bubble and a commodities bubble and a bond bubble and another stock bubble, and then sell to people in Poughkeepsie and Spokane and Bakersfield, and pay himself another bonus"... So God made a banker.

    God said: "I need someone to lend money to people with bad credit at 30% interest in order to get his stock price up, and then, just before the loans turn bad, cash out his stock and walk away. And who, when asked later, will, with a tearful eye, say the government made him do it"... So God made a banker.

    God said: " I need someone to build homes in the swamps and deserts using shoddy materials and other people's money and then use these homes as collateral for a Ponzi scheme he can sell to pensioners in Michigan, Arizona and Sweden. I need someone who will then forclose on these homes, kick out the occupants, and switch off the air conditioning and the plumbing, and watch the house turn back into dirt, and then pay himself another bonus"... So God made a banker.

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TYC
44.69+0.15(+0.34%)Aug 28 4:03 PMEDT

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