Warm Southern Breeze

"… there is no such thing as nothing."

You Wall Street Mother Fucking Sons of Bitches!

Posted by Warm Southern Breeze on Thursday, December 17, 2009

Brian Williams has reported Thursday, December 17, 2009 on the NBC Nightly News that,

New York state finance officials said today Wall Street is on track to shatter all profitability records this year.

Profits came in at just under FIFTY BILLION dollars

– that’s profit for the first three quarters of 2009 –

and that is much more than was expected for the entire year,

and a stunning TWO-AND-A-HALF times more than the previous record set back in the year 2000.

Bonus payments for bankers and traders could be as much as FORTY percent HIGHER than last year.”

Download the New York State Comptroller‘s report – Review of the Financial Plan of the City of New York, December 2009,  Report 16-2010, by Thomas P. DiNapoli, New York State Comptroller –  here:

http://www.osc.state.ny.us/osdc/rpt16-2010.pdf

See NBC Nightly News video here:

http://www.videonewslive.com/view/404951/video_wall_street_sees_recordbreaking_profits

-AND-

here:

http://www.bing.com/videos/watch/video/wall-street-sees-record-breaking-profits/60a1dyr


2 Responses to “You Wall Street Mother Fucking Sons of Bitches!”

  1. wb5rmg said

    So – What, is this news ?
    They been having their way with us for years and years.
    Screw us once, shame on them.
    Screw us over and over and over – shame on who ?
    Eh, what’s a mother to do . . . . . /;^)

    Like

    • Warm Southern Breeze said

      Oh my! Hello, my brother! Aye… this is an old entry – and can you tell? I was more than a wee bit livid! Yes, I’ve wondered about the title, however, as you and others can plainly read, I’ve not changed a thing! Interesting I should read your remarks on this, because just moments ago, I was sharing about how the Glass-Steagall Act’s “deconstruction” in the financial Services Modernization Act during the Republican-led Clinton administration era has led to the dire difficulties we’re now experiencing. I have called it (and appropriately so) an incestuous fiscal orgy – Banks, Insurance and Stock Brokerages are all now in each others’ business. It wasn’t always that way. And “derivatives”? Why, even the most sophisticated Wall Street trader can’t explain them! Why? They’re complex artificial paper – the proverbial “house of cards.” There’s corruption enough to beat the band, as is said – it’s no joke. And to be certain, former President Clinton signed the FSMA because, were he to have vetoed it, the Republican Congress would have overridden any veto.

      Like

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