Tell it like it is...
 

Jeez, like it or not this is worth listening to

Re: Tell it like it is...
 

****s like him that got every one in the mess in the first place.

Re: Tell it like it is...
 

Very interesting, trouble is it was partly their fault the banks collapsed as they invested in bad investments and banks' major income is from stock markets not home loans etc.

Respect to him though, he was honest.

Re: Tell it like it is...
 

People borrowing what they cant afford, banks lending to the people who could afford it.

That guy is saying it as it is, luckily i have nothing to lose :-)

Re: Tell it like it is...
 

Funny thing is this guy is not even a trader, he lives in a £200k house with a Mortgage...but the mortgage belongs to his partner.

http://www.telegraph.co.uk/finance/e...-a-trader.html

Re: Tell it like it is...
 

I know of a number of stock exchange traders and they are all skint, this image of them all driving around in Ferraris is a myth. They are often very good at making money for other people but frequently crap when it comes to their own finances.

Re: Tell it like it is...
 

We've been saying this for months....and we ain't no financial experts!

Re: Tell it like it is...
 

All the traders I know of, and worked with personally (hmm - 30 or so?) are all what one would consider rich.

Most of them are also a$$holes though.:smt040