Financial institutions; FFS, grow a pair

[Mich the Tester]

But in all these cases the risk is voluntary.
A soldier does not have to be a soldier, a sportsman doesn't have to ride the cresta run, and you and I don't have to participate in the financial markets.

So there's no reason to get upset about it at all.

Indirectly we do.

[KentPhilip]

Indirectly we do.

If you invest for the long term in solid companies that pay regular and rising dividends, the financial markets don't affect you because the latter don't affect dividend yields from solid companies.

It's only a problem if you need to sell out quickly or invest in junk stock (like Lloyds).

[zamzummim]

As someone in the finance industry who deals with risk for a living I have this to say:
As an itinerant IT tester don't presume to have an opinion about things you don't understand.
You don't have a "real" job, you just test software: that looks as ephemeral as any finance job from where I'm sitting.
Now back in you box and where's that bottle of Petrus?

Insolent Peasant.

WHS

[Mich the Tester]

If all you superior intellects are so bloody clever, why aren't you standing right in the middle of this mess sorting things out?

[shaunbhoy]

If all you superior intellects are so bloody clever, why aren't you standing right in the middle of this mess sorting things out?

Because most of them were standing right in the middle of it with their fingers up their arses and their brains in neutral whilst it was created. Fecking window-licking bin-dipping simpletons!

[sasguru]

If all you superior intellects are so bloody clever, why aren't you standing right in the middle of this mess sorting things out?

We don't all work for failing institutions such as Lloyds or RBS.
HTH
Oh and we're too busy counting our wonga to really give a damn.
HTH

[Mich the Tester]

We don't all work for failing institutions such as Lloyds or RBS.
HTH
Oh and we're too busy counting our wonga to really give a damn.
HTH

No sense of noblesse oblige?

[2BIT]

If all you superior intellects are so bloody clever, why aren't you standing right in the middle of this mess sorting things out?

cos we are not smart enough to test software i guess

[Mich the Tester]

cos we are not smart enough to test software i guess

Evidently.

[sasguru]

No sense of noblesse oblige?

I work in a niche industry.
I'm paid to do a job for my firm. If I'm bad at it I'll get fired. If I'm good I'll get head-hunted.
And my job directly impacts the bottom line so there's no hiding place.
So far I'm doing Ok for all stakeholders.