Lucky Luciano
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Sun Feb-08-09 08:10 PM
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| Subprime video - very funny and prescient showing arrogance of IBankers as a satire (MUST WATCH!) |
| Sarah Ibarruri
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Sun Feb-08-09 08:48 PM
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| 1. OH MY GOSH, that's brilliant and it's exactly what happened lol |
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It should be mandatory watching for kids in high schools to explain to them just how f greedy and stupid Wall Street and bankers are.
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| Lucky Luciano
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Sun Feb-08-09 09:32 PM
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| 2. I know - these guys are great...they have other similar videos |
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on youtube that are highly rec'd! Funny how the IBanker demands money and if they don't get it, the pension funds will suffer!
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| malaise
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Mon Feb-09-09 06:39 AM
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| 8. I watched this last year |
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but it's twice as funny now
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| Sarah Ibarruri
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Mon Feb-09-09 09:40 PM
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| leftstreet
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Sun Feb-08-09 09:47 PM
Response to Original message |
| 3. "High Grade Structured Credit Enhanced Leverage Fund" |
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Cuz it sounds so good!
Excellent video!
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| Sarah Ibarruri
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Sun Feb-08-09 10:20 PM
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| Lucky Luciano
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Mon Feb-09-09 12:18 AM
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| 5. Shameless kick since more people need to see this! nt |
| Karenina
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Mon Feb-09-09 04:44 AM
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| 6. The humour I enjoyed. The racism not so much... |
| Prometheus Bound
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Mon Feb-09-09 06:23 AM
Response to Reply #6 |
| 7. I found that incredibly embarrassing at 3:15. |
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It was very funny up to there, but I couldn't listen to the rest.
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| Karenina
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Mon Feb-09-09 03:05 PM
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| 9. The rest was indeed funny... |
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IF you exclude the reference of an "unemployed black man sitting on his porch in Alabama in his spring best" as THE CAUSE of the meltdown.
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| Lucky Luciano
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Mon Feb-09-09 06:21 PM
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| 10. Indeed...the racist bit (incidentally, string vest is what I heard) annoyed me |
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Edited on Mon Feb-09-09 06:29 PM by Lucky Luciano
too and made an otherwise excellent satirical interview offensive. Nonetheless, the points made are very good - especially at the end.
...also I don't think they said the cause of the meltdown was selling mortgages to unemployed people as much as it was the fact that the mortgage brokers were incentivized to close deals on mortgages without taking any responsibility for the creditworthiness of the borrowers.
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DU
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Mon May 06th 2024, 07:37 PM
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