Reply to: Hedge Funds

[sasguru]

You know, I used to think you were taking the piss, but after today I'm wondering if maybe you aren't right. He's gone a bit funny on us. Pressure of SKA or something maybe.

I'm not taking the piss.

[snaw]

It's an educated guess. When I become their client I will ask them specifically about bonuses and all that and then let you know the answer. Meanwhile try to hold on to that top of the tree you are on - I hear the winds on top are pretty strong and you might find yourself falling down from the very top.

S'ok. I'll go work in a different industry then. They have networks as well

BTW Mines isn't - like I say, I know a couple of private bankers.

[AtW]

Know many people in PB do you? Or just another expert field of yours?

It's an educated guess. When I become their client I will ask them specifically about bonuses and all that and then let you know the answer. Meanwhile try to hold on to that top of the tree you are on - I hear the winds on top are pretty strong and you might find yourself falling down from the very top.

[snaw]

I think it's pretty clear that atW has become psychologically unbalanced.

You know, I used to think you were taking the piss, but after today I'm wondering if maybe you aren't right. He's gone a bit funny on us. Pressure of SKA or something maybe.

[sasguru]

I think it's pretty clear that atW has become psychologically unbalanced.

[snaw]

They get bonuses for keeping their mouths shut about clients. They don't get them for risking their clients money on derivatives markets playing with toxic tulip in order to earn enough money to the bank so that the bank would give them part in form of a bonus.

Know many people in PB do you? Or just another expert field of yours?

[AtW]

Nah, they get absolutely huge bonuses.

They get bonuses for keeping their mouths shut about clients. They don't get them for risking their clients money on derivatives markets playing with toxic tulip in order to earn enough money to the bank so that the bank would give them part in form of a bonus.

[AtW]

Actually you accused me of having a bad attitude and no bright talent.

I am not prosecutor to accuse you of anything - I merely voiced my view.

Bit melodramatic isn't it? You react that way if someone calls you a mini Hitler?

I would have if I had relatives who were killed in Holocaust.

Perhaps if your family suffered from serial killer you'd be pretty sensitive towards being called serial killer yourself. Or perhaps you won't be - you'd consider it's all right thing to do.

[snaw]

Such banks like mine however actually do exist - they are little known banks that are mainly used by the rich, the objective of such banks to keep money safe not to get into games on stock market. I am certain they don't have huge Xmas bonuses and I am certain they are very careful about risk profile of their employees. It's the kind of bank I'd keep my personal money in.

Nah, they get absolutely huge bonuses. I know a couple of people who work for Private Banks. No one tells them what they can spend their money on either.

HTH.

[snaw]

Do you know how many millions were killed by Stalin? Do you know really what he turned Russia into?

Yep. Next.

My grand father who lived during his time was imprisoned on deliberately false report - he barely survived it and then died shortly after he was released. He was totally innocent and the person who made this false report was begging my grandmother recently for forgiveness. That's what Stalin did, how dare you accuse me of doing anything anywhere close to the crimes he did??!?!

Bit melodramatic isn't it? You react that way if someone calls you a mini Hitler?

[snaw]

No. You did not disagree with me in this thread - you tried to shut my mouth while you personally did not have any valid arguements. This is certainly poor attitude in my view.

Umm, so I'm agreeing with you on banking bonuses now am I? Fooled me.

And you say just earlier about me: "God complex going on strong."

Where did I say I am "top of the tree in my field" or anything like this? Come to think of it maybe...

Actually you accused me of having a bad attitude and no bright talent. I responded. You're the one waffling on about your bank etc Yeah, I'd say you've a bit of a God complex going on. Especially when it comes to telling people what they can spend their money on ...

[AtW]

Unfortunately in the real world greed rules and it's all about short term gains.

You right. Unfortunately the Govts were complicit in making such rules and tax policies that encourages reckless spending and getting into debt.

Such banks like mine however actually do exist - they are little known banks that are mainly used by the rich, the objective of such banks to keep money safe not to get into games on stock market. I am certain they don't have huge Xmas bonuses and I am certain they are very careful about risk profile of their employees. It's the kind of bank I'd keep my personal money in.

[Incognito]

Actually I kind of like AtW's wacky world of banking. Unfortunately in the real world greed rules and it's all about short term gains. A bit like politics really isn't it? Who cares what state the country is in, in 25 years, as long as we're still in power in 4 years time.

[AlfredJPruffock]

Vogon logic if ever I heard it.

Aha I have heard that phrase before - you were not DG in a previous incaranation ?

[AtW]

I think I've actually sussed you out, you're kind of like a Stalin who never quite made it.

Do you know how many millions were killed by Stalin? Do you know really what he turned Russia into?

My grand father who lived during his time was imprisoned on deliberately false report - he barely survived it and then died shortly after he was released. He was totally innocent and the person who made this false report was begging my grandmother recently for forgiveness. That's what Stalin did, how dare you accuse me of doing anything anywhere close to the crimes he did??!?!