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darksurfer

Listed below are comments made by darksurfer between Monday, 3rd August 2009 and Monday, 28th September 2009.

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Brown and bonuses 4:42pm on 28 Sep 2009 #114

and the staff based in Frankfurt get peanuts because they are part on the Frankfurt bonus culture? What a plonker you are!
Brown and bonuses 12:29pm on 28 Sep 2009 #105

Obviously no clue of what you are takling about, the bonus culture for large German banks is exactly the same, they are global organisation. Check before making stupid comments only to reflect your ignorance.

The main different in Germany is not the bonus culture but that people are not living on credit, people tend to spend the money they have not the money they borrow. Educate yourself instead of staying in your crass ignorance!

Certainly not interested in folliwng your daft "logic"!
Brown and bonuses 09:13am on 28 Sep 2009 #93

Because Germany has no financial sectors? Sagamix your ignorance seems to have no limit!!!
Brown and bonuses 08:48am on 28 Sep 2009 If talent has to leave the UK there is not doubt that Sagamix will still be around! Can you really make more stupid and arrogant comments? At this level maybe it requires some talent!

So Sagamix is a great fan of the subprime and the democratisation of the credit, well be happy now you have the democratision of the losses! So daft!
What future for media and journalism? 09:45am on 30 Aug 2009 Free market, free information?...ok how it works:

http://jonbernstein.wordpress.com/2009/07/10/fox-news-anchor-to-rupert-murdoch-mr-chairman-sir-why-are-you-so-great/

Hope you had a laugh!
What future for media and journalism? 10:12pm on 29 Aug 2009 This guy, James Murdoch, is absolutely hilarious you have to give him credit for this. Ok does not come across as very bright but again can you blame him, he got where he is just because of dady, so this explains that. Still you certainly get the entertainment factor with him even if we should not laugh about less gifted people...ok forget it...what a laugh!
What was HBOS doing? 10:49am on 05 Aug 2009 It clearly shows that all this hysteria created on this blog about banks in general by Robert & Co is simply non-sense and shows a total lack of understanding of what is going on. The issue is too much debt (greedy society!), massive concentration and appalling risk management. This can happen to retail, commercial and investment banks as we can see. And by the way it seems that the HBOS and RBS are back in the market undercutting prices (not charging for risk), but should they care they have taxpayer money to cover losses…the last bubble is dead long live to the next one!
What was HBOS doing? 10:36am on 05 Aug 2009 It clearly shows that all this hysteria created on this blog by Robert & Co about banks in generalis simply non-sense and shows a total lack of understanding of what is going on. The issue is too much debt (greedy society!), massive concentration and appalling risk management. This can happen to retail, commercial and investment banks as we can see and generalising as it is done is utter non-sense. And by the way it seems that the HBOS and RBS are back in the market undercutting prices (not charging for risk), but should they care they have taxpayer money to cover losses…the last bubble is dead long live to the next one!
Barclays: Even the bad times are good 12:07pm on 03 Aug 2009 #49

Well I would not compare you to a chimpanzee for your idiotic comment as it would be extremelly cruel and unfair for the chimpanzee!

Obviously no bank can found themselves at the BoE rate. These days probably more at BoE plus 150bps-200bps, then take the cost for expected loss, the cost of capital, including the fact that government has significantly increased the capital ratio for the banks and finally the oprating cost and you will see that your 0.5% comment is plain stupid...what about taxing stupidity? This would bring it seems a lot of revenue!
Barclays: Even the bad times are good 09:36am on 03 Aug 2009 #19

"Modern Portfolio Theory" does not provide a economic perspective. It might be all right for textbooks but it is simply not true in the real economy. CAPM, efficient market and so on do not work in the real economy. If you have a look at economic cycles for retail, commercial and investment banks observations seem to indicate that they are not in sync which would provide stability on top of some diversification. Economy of scale/know how and funding would have positive effects too. Once again the issue is about risk management. NR had a massive funding issue and non sustainable business model. HBOS has massive concentration in their commercial book and RBS...well they did not seem to bother with risk at all!

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