hey unc demo, you should look up the def of trolls vs. tolls. Trolls are what lives under the bridge. Tolls are what they pop up asking for and unreasonably demand for passage. I'm getting the strong sense that trolling and tolling are both unfairly being visited on the legitimate participants in this mb.
Feliz Navidad, by the way. I want to wish you a Merry Christmas from the bottom of my heard. And please chillax and calm that bp. . We care.
uncle scrooge, er demo, my you're up and at it early again this morning. I can see that you've gotten into the holiday spirits at the crack of dawn.
Billion, I get it that you and he disagree, but I was a banker too, I did large deals, and I feel insulted when you disrespect all bankers together. I do agree that these days the desk jockeys in some banks who hand out toll free numbers are infuriating. But for the bankers who are finance professionals as in risk managers or doing deals involving credit risk and management thereof, this is not the same thing you are talking about. So you need to take that into your thought process. I learned a lot from my 10 years in banking and it was substantial and meaningful work, impacting many large corporate borrowers and many areas of public finance. You need to keep that in kind.
Billion, the risk managers and the deal makers at transactional banks make plenty. It is a hard job and there are big salaries for people who understand and can manage these areas or risk/reward. Now contrast that to the yokels at my local branch that hand me a 1-800 number to call when I ask a question of have a problem. That is where people are going to be replaced by a telephone book or the internet. Different line responsibilities have different skillsets. In some areas fogging a mirrior is all that's required. In other areas the bank stays in business by what these people know on a daily basis. Really it is two different things and calling one the other is below what you really understand. Now kiss and make up. I want you two to get along.
QE 4,5,6, etc opec breakdown? afterburners coming on? pushing the envelope? Look at unemployment applications, its about time things turned around.
Billion, while it is true that Banks can hire people to knock on doors and shake hands that do not have a major skillset, I beg to differ about some of the SVP's and bankers I know including LBNL, Bankers of this genre are not your glad handers with no skill set,. Which skill set in finance matches any in industry. So keep in mind that there are tne empty suits who know and do nothing, while there are also highly skilled professionals. These birds are not of the same feather and those in the know, know..---BG
the market taketh and the market giveth. BTW it seems like the combination of prospective consumer deflation as oil price declines wind through the system, and potential higher rates won't be a great idea. Maybe counter intuitive that when prices are falling on comsumer goods and commodities that raising rates could be disingenuous. What do you think?
what did uncle demo grinch say? I must have missed it. Such a shame he's not in the Christmas holiday spirit but then has he ever been fun?.
If you see Holly C, tell my gal pal its time for the pepermint martini bar mani pedi and facial treat. Gals gotta celebrate.
unc demo, Santa's making his list and checking it twice. I plan to be on the Nice list. Which list will Santa find your name on? It sounds to me like you need a little Christmas right this very minute. Buck up and put a smile on the sour face.
well, well. Up and rolling early this morning I see, unc-demo-tall. Why not use this beautiful morning to take a walk, find a volunteer project where you can help someone, or just enjoy the season. The constant fights and nit picking can't be good for the ole ticker.
Have a nice one.
cry me a river. waaaaahhhh.
Seriously, uncle dem0-tall. It's time for you to stop whining and take a load off your blood pressure. We care.
Keebon I have only this to add--- oil crashing is the new paradigm for the time being. We'll see if OPEC is broken or whether this is just a maneuver by OPEC to clear out shale production, or maybe a State Dept manifesto against Russia and Iran. I sure some of these players are not happy campers. GS probably saw all of it coming. Oil goes down, interest rates go down. Prices at the grocery store go way down. Do you remember that time after the oil shock when it seemed prices at grocery store would not stop going up??That was price of transportation of goods.
Consumers get more money in the pocket. QE 4,5,6 effectively. Interesting that QE ended right before oil crashed. ??!! Connect the dots on that one. Does that help the banks? Idk. New refi boom? Some banks with the favorable interest sensitivity position might benefit. Its a wild card. I like lower gasoline, but I don't like my general index funds being affected. Overall hopefully its great for the economy. I think this time from 1979 to present has been burdened in the US by OPEC. This could signal a great new decade of prosperity in the market. I do know this is a big deal.
he is probably on the list to get switches and coal or something worse like a lump of poo.
well well well, demo. I can see that you are in some kind of holiday snit from these continued nastygrams. Perhaps Santa will leave you a littlle deposit of something to let you know how naughty you've been. Let us know about that, please.