If Top 1% Hadn't Ripped Off Trillions

[whork25]

you see any company has something called retained earnings, this is basically the left over income from years past after reinvestments into the company have been made. Goldman sachs had 39 BILLION IN RETAINED EARNINGS IN 2008

THEY WOULD HAVE GOTTEN BONUSES REGARDLESS!!!!!!!!!!!!!!!!!!!!!!

http://finance.yahoo.com/q/bs?s=GS+Balance+Sheet&annual

do the research yourself and please educate yourself

How would they get bonuses when the company has no money to pay with?

[whork25]

Now is it right, I dont think so their companies got run into the ground on their watch....

but again their is recourse for this through the stock owners

These idiots should be protesting the govt giving our money away not private companies doing what they are legally entitled to do...

IDIOTS

The governmnent IS Wall Street thats the problem

[tonymctones]

Tier 2.5, baby!

http://www.fgcu.edu/cob/

all your core classes are equivilent undergrad courses???

[tonymctones]

How would they get bonuses when the company has no money to pay with?

THROUGH RETAINED EARNINGS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

the company had 39 almost 40 BILLION in retained earnings....they also had 122 billion in cash or cash equivelents...78 billion in short term investments meaning they would get that cash in less than a year and 59 billion in tangible assets!!!!!!!

did you just say they had no money? really???

[240 is Back]

all your core classes are equivilent undergrad courses???

yep.  you can get it done in a year and a half if you have the BS in business. 

it ain't rocket science, but for where i live and what i do, it was a good call.

[whork25]

I know they have money im trying to make a point

If they have all these money in retained earnings why did they need a bailout?

[tonymctones]

I know they have money im trying to make a point

If they have all these money in retained earnings why did they need a bailout?

LOL, you werent trying to make a point...you had little to no idea what you were talking about.

Bad investments, bad debt etc...the cdo bull shit that THE GOVT ALLOWED TO HAPPEN really screwed up a butt load of balance sheets.

All of a sudden you have multiple investments that youve made and that your promised going to shit. It was and is a cluster fuck to end all cluster fucks and still hasnt been resolved by guess who...the GOVT

[tonymctones]

yep.  you can get it done in a year and a half if you have the BS in business. 

it ain't rocket science, but for where i live and what i do, it was a good call.

thats alright most ppl I would have to guess dont really look to much at teh school you got it from more just that you have the "MBA" on your resume

shit mine is pretty tough and I was a finance major although right now its not so much the course work just the amount of course work but then again im still taking mostly core classes 

[240 is Back]

i was a teacher, playing in a band, and drunk half the time... got the MBA without blinking... was doing computer certs at the same time on weekends.  there were a few projects that had me scratching my head, but for the most part, the degree was a breeze.  I learned a ton of skills though, worked well.

[whork25]

LOL, you werent trying to make a point...you had little to no idea what you were talking about.

Bad investments, bad debt etc...the cdo bull shit that THE GOVT ALLOWED TO HAPPEN really screwed up a butt load of balance sheets.

All of a sudden you have multiple investments that youve made and that your promised going to shit. It was and is a cluster fuck to end all cluster fucks and still hasnt been resolved by guess who...the GOVT

And why hasnt it been resolved? Because the coorporation you love so much and the government is one and the same
And again how can a company need a bailout if has so much cash stored away again?

[tonymctones]

i was a teacher, playing in a band, and drunk half the time... got the MBA without blinking... was doing computer certs at the same time on weekends.  there were a few projects that had me scratching my head, but for the most part, the degree was a breeze.  I learned a ton of skills though, worked well.

LOL sounds like you had a pretty good life, glad to hear it worked out for you

Im learning a good deal to even though most of my classes have been cores so far. I cant wait to get into upper level finance stuff like risk managment, derivatives, f/x, options etc...gonna be awesome!!!

[tonymctones]

And why hasnt it been resolved? Because the coorporation you love so much and the government is one and the same
And again how can a company need a bailout if has so much cash stored away again?

LOL and you think that attacking the corporations is going to do what exactly?

lets see attack the corporations or the govt that enables the corporstions, which one do you think would make more of a difference.

The one in which every citizen has the ability to change or the one in which only the ppl who hold stock have the ability to change(even then they dont b/c their income is tied into the welfare of the company)?

easy decision if you ask me...

these morons shouldnt be against teh tea party they should join the tea party!!!!!!!!!!!!

but instead they will all continue to protest wall street while wearing dairy queen t shirts, driinking starbucks coffee and organizing their next demonstration on their Iphones...

IDIOTS

[240 is Back]

LOL sounds like you had a pretty good life, glad to hear it worked out for you

Im learning a good deal to even though most of my classes have been cores so far. I cant wait to get into upper level finance stuff like risk managment, derivatives, f/x, options etc...gonna be awesome!!!

I remember how hard my advanced MBA coursework worked to sell globalization as a good thing. 

[tonymctones]

I remember how hard my advanced MBA coursework worked to sell globalization as a good thing. 

in my undergrad computer science class we watched this interview of this guy cant remember his name but he was pretty famous for some technology I think and wrote this book something liek "the world is flat" that was talking about that kinda.

I dont think globilization is bad just in the aspect of the ability to have access to more resources etc. but to the point the each country goes so far as to specialize in one thing or another it is like the US becoming a service country that blows b/c now we have to depend on other countries to make our ish

[240 is Back]

i always saw globalization as inevitable.  something to work around.  It's nice for me... i work on a national level mostly, and the huge cost of living diff means I can charge way less than a designer or author in Cali, for example.  Family all here in FL, so I knew I had no desire to move to NYC and work for a big company where the MBA would have mattered. 

Plus, don't they say you lose most of what you learned in college in 3-5 years anyway?  It becomes obsolete?

I hit my accounting, mgmt, marketing MBA books all the time  mostly reading them in the bathroom to stay fresh on things I might get lazy on.

[whork]

LOL and you think that attacking the corporations is going to do what exactly?

lets see attack the corporations or the govt that enables the corporstions, which one do you think would make more of a difference.

The one in which every citizen has the ability to change or the one in which only the ppl who hold stock have the ability to change(even then they dont b/c their income is tied into the welfare of the company)?
easy decision if you ask me...
these morons shouldnt be against teh tea party they should join the tea party!!!!!!!!!!!!
but instead they will all continue to protest wall street while wearing dairy queen t shirts, driinking starbucks coffee and organizing their next demonstration on their Iphones...
IDIOTS

If the tea party protest against Wall Street i support them as well

[tonymctones]

If the tea party protest against Wall Street i support them as well

again wall street is the body not the head, the govt is the head of the problem

we as citizens also have the ability to change the govt we dont have the ability to change wall street.

so why not protest the govt and not wall street.

all wall street is going to do is give us the finger and go about business.

with the govt we get change b/c these fucks are scared of being voted out.

you support these morons who have no idea what is going on yet not the tea party who are getting to the heart of the problem?

real bright

[OzmO]

again wall street is the body not the head, the govt is the head of the problem

we as citizens also have the ability to change the govt we dont have the ability to change wall street.

so why not protest the govt and not wall street.

all wall street is going to do is give us the finger and go about business.

with the govt we get change b/c these fucks are scared of being voted out.

you support these morons who have no idea what is going on yet not the tea party who are getting to the heart of the problem?

real bright

I no longer believe that.   When a republican administration submits to the major banks in 5 days and enacts record billions and billions in bail outs and follows it with a secret 1.2 trillion in bail outs it shows that we are not a representative government and our representatives are not accountable to the people who voted them in. 

Get money out of politics.  period. 

[Fury]

Is this asshole Blacken really spending his Thursday conversing with himself and his gimmicks in broken English?

No wonder you're behind these Wall St. clowns. You're a fucking jobless degenerate just like them.

[Option D]

And?  Why do you greedy pigs demand more income from doctors, small business owners, etc?

Tell me what the govt is going to do with the money? 

You left wing fools are greedy pigs, greedier than the wall street people in fact.     

You are a fuckin idiot.. You act like they are giving money to democrats or some shit. My parents who are lifelong Liberal Democrats have been in the household bracket of 250k for the last 20 years. They have always paid taxes accordingly.

[Soul Crusher]

You are a fuckin idiot.. You act like they are giving money to democrats or some shit. My parents who are lifelong Liberal Democrats have been in the household bracket of 250k for the last 20 years. They have always paid taxes accordingly.

And - you want a medal or something?

Tell me why the govt needs more money?   

[Fury]

And - you want a medal or something?

Tell me why the govt needs more money?   

Come on dude, we haven't stimulated the economy enough. The country isn't $60 trillion in debt or anything. What's another few trillion? If you were patriotic you'd hand over your money to the government. They know what's best. Just look at Solyndra. It was such a success that anyone who didn't want to see it repeated would have to be an idiot!

More to the government. They can allocate better than the private sector. More. MORE!

[Soul Crusher]

These left wing morons are beyond hopeless at this point.  Its easier just to mock and laugh at them at this point. 

 

[Option D]

And - you want a medal or something?

Tell me why the govt needs more money?   

tell em why you mad son... tell em..


Anyway. I dont know if the govt needs more money. But you calling blacken and straw "greedy" like they are personally taxing rich people is just fucking dumb.

[Option D]

These left wing morons are beyond hopeless at this point.  Its easier just to mock and laugh at them at this point. 

 

Killed OBL and the Awlaki

you forgot that lol