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Wall Street traders fear new Oliver Stone movie will bash banking

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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:20 PM
Original message
Wall Street traders fear new Oliver Stone movie will bash banking
Cry me a fucking river.


“A lot of traders think the movie is going to shed us in such a bad light that they’re not going to go (see the film),” says Alan Valdes, a longtime NYSE floor trader.

Another trader, based in Chicago, worries the movie, which opens today, will wind up “perpetuating the myth that Wall Street bankers caused the financial collapse and politicians cleaned up the mess.”


Yes... Please re-read the bolded part. Wall Streeters are afraid that the "myth" that they caused the financial collapse will be perpetuated.


Fact 1: You *DID* cause the collapse, you ignorant fuckers

Fact 2: Politicians *DID* clean up your mess.



http://www.cnbc.com/id/39342824

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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:25 PM
Response to Original message
1. Damn, I knew I shouldn't have overdrawn my account... WE caused the problems, not
wall street, not banking... It's everyone else...

I hope they get bashed straight to hell.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:33 PM
Response to Reply #1
4. Sure, we caused the bank and Wall Street collapse!
Just like that $15,000 a year strawberry picker in California who couldn't speak English, walked into a mortgage company and brow-beat a loan officer to give him a $720,000 mortgage, knowing all along he couldn't repay it!

http://piggington.com/strawberry_picker_buys_720_000_house_on_15_000_yr_income

Damn you, sub-prime borrowers! How could you do this to our poor, defenseless bankers! :cry:
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:45 PM
Response to Reply #4
11. No, no, no...It was Barney Frank!
Yeah, all HIS fault. He FORCED the banks to loan to poor people.
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:37 PM
Response to Reply #1
8. When "we" overdraw on our accounts, "we" end up contributing to
The Thirty eight billion (and change) that the Financial Institutions charge us for those overdrafts.

In the early nineties, banks in Oregon charged a mere three bucks a piece for any overdraft charges. Now many banks charge over thirty...

Computers not helping them? they ahve to use a chisel to create an overdraft statement?
What is their excuse?

Oh that's right - their excuse is that the Congressional lapdogs let them do it.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:30 PM
Response to Original message
2. snip from McClatchy review of the film ...
The film paints a spot-on portrait of the chaos of American life on the brink of financial apocalypse, and Stone saves his bitterest vitriol for Bretton James (Josh Brolin), a high-ranking executive at a powerful investment bank who also wants to take young Jake under his wing.

In one especially powerful sequence, James and his boss, Jules Steinhardt (Eli Wallach), make the decision to let the bank where Jake works fail. Stone hammers home a point that, even two years after the market meltdown, still seems to go widely unacknowledged: Our collective financial fates are in the hands of a few petty people.


Read more: Oliver Stone issues potent warning in 'Money Never Sleeps' | freep.com | Detroit Free Press http://www.freep.com/article/20100924/ENT01/9240301/1036/Oliver-Stone-issues-potent-warning-in-Money-Never-Sleeps#ixzz10Td8Q8zH
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:34 PM
Response to Reply #2
6. Oh, man! Eli Wallach's in this film.
Now I got to see it...:woohoo:for Eli Wallach!
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:32 PM
Response to Original message
3. Was Wall Street in hiding when Michael Moore's last film was out?
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Lint Head Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:34 PM
Response to Original message
5. How dumb does ws think we are?
WS is full of crooks. I lost $ 38,000 of my retirement because of those f#*kers!
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 05:19 PM
Response to Reply #5
16. Basically it's organized crime, but legal. n/t
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:35 PM
Response to Original message
7. Poor babies..
Well, at least all that money will make them more comfy:(
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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:37 PM
Response to Original message
9. Again,
these bums should have been allowed to fail!
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 03:18 PM
Response to Reply #9
15. Exactly, all that was done was a failed system was propped back up again until
the next failure. And we're supposed to applaud. BS
Strip away all of the glitter, and we're still in ripoff haven.

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tk2kewl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:43 PM
Response to Original message
10. boo fucking hoo
:cry:
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 02:46 PM
Response to Original message
12. I just watched the orginal Wall Street film last night.
Amazing. And amazingly digusting.
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pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 03:10 PM
Response to Original message
13. Amen
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-24-10 03:12 PM
Response to Original message
14. I often wonder if anything is going to be "really" cleaned up until the system
outright collapses as in the great depression. I think this country is riding by the seat of its pants... Most congressional critters are bribed, makes no difference which political party, how can any sane person think this system works except for those on the take.

And wall street is just a casino. If one expects equality and fairness the system we have is utterly ridiculous.





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