Is anyone else glad that Bear Stearns went under and hope that many more bankers lose their jobs?

Question

These are the same investment bankers who demanded manufacturing companies across the USA to lay off more and more workers, and demanded that these companies who collectively employed tens of millions of Americans to shut their doors and open up in the t**d World.

Now, 10,000 bankers who all make at least 100,000 dollars a year are out of work . OH BOO HOO !!! I am glad. I hope another 200,000 of these parasites lose their jobs and have to move out of manhattan and push a broom or wait tables for a living in New Jersey.

Answer 1

Why are you glad these people would lose their jobs? How do you know how much they make or not? And 100,000 is not as much money in NY where Bear Stearns hq is located. How would you like if you lost your job and someone was glad because your bosses supposedly did something "evil" or "wrong". Self-righteousness is a sin for reason friend.

Answer 2

The US Federal Reserve is backing a loan to JP Morgan to bail them out.  Like we have the money to do that?  We are in serious trouble. More crapola is just around the corner.

Answer 3

Love to see the b******s lose their jobs. Between them and the Wall Street Yuppies going down the tubes, these are the most entertaining aspects of these crappy time.

But rather than just losing their jobs, I really want to see the Big Bosses who have dropped out with their obscene golden parachutes get prosecuted for undermining the well being of our world.

Answer 4

Be careful what you wish for dude.  Bear Sterns was saved, It was too big to be allowed to fail.  The effects on the economy would have been catastrophic.  These investment banks need to be regulated more, as well as the insurance companies who issued them credit default swaps, a form of completely unregulated insurance.  These fuckers gambled with the US economy and did so poorly with little knowledge of the risks involved, but we can't eliminate them.  We'd be eliminating much of our economy.  We need to regulate them.

Answer 5

Only if the people loosing their jobs are a*****e theives skimming money or stuff like that.

Then I would celebrate and wish I could throw f***s at them.

Otherwise, what's you're problem w/ someone making a $100,000 if they are legit? You sound a little jaded to me.

It sucks to lose your job cause other people in the company are dipshits.

Answer 6

While the fat cats in bear sterns lost a lot of money and I am sure everyone would love to see the same happen to others, the last thing you want is this to happen again.

Reason being is that they are losing more than their salaries and vacation homes. Pensions, trusts, endowments and employee retirement plans take a hit too...sometimes to zero. The finance sector comprises nearly 20% of the entire market.  It takes a dive and it kills the economy with it.  So unless you want to be unemployed with a worthless dollar and  lost everything you had in your retirement account, it would not be a good idea to champion the losses of the foundation of our economy/market.

Answer 7

I try not to wish bad stuff on others as things tend to come back to the wisher.