- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Chase Bank tweets about personal responsibility; Reaction not positive
Posted on 4/30/19 at 9:24 am to bbvdd
Posted on 4/30/19 at 9:24 am to bbvdd
quote:
Based on Bear Stearns.
Yes.
It's all bullshite. FOMC begged Dimon to help them out by buying Bear.
He agrees and later finds out everything that going on with them.
Oh, Dimon isnt a criminal, he's incompetent.
1
Posted on 4/30/19 at 9:24 am to EarlyCuyler3
quote:
He knew damn well what he was doing.
The Obama administration?
By forcing all the big banks to take money? Yeah, they really didn't.
The administration forced every bank to take the money so that it wouldn't show the weak banks that had to take the money.
Posted on 4/30/19 at 9:24 am to biglego
quote:
Yeah I don’t understand what chase bank or this tweet have to do with Trump.
Everything is his fault to them. It is the equivalent of crying wolf at this point.
Posted on 4/30/19 at 9:26 am to ThatMakesSense
quote:
Oh, Dimon isnt a criminal, he's incompetent.
What?
Posted on 4/30/19 at 9:27 am to EarlyCuyler3
quote:
Howver, they're still thieves. About that there is no room for debate
Posted on 4/30/19 at 9:28 am to bbvdd
quote:
Oh, Dimon isnt a criminal, he's incompetent.
What
Your argument is Dimon and Chase were bamboozled by the government in their acquisition of Bear Stearns?
Posted on 4/30/19 at 9:29 am to EarlyCuyler3
quote:
Yeah, it is. Read what I posted. I would rather them just STFU and worry about their own ethics than trying to lecture their customers. Like I said, they have no moral high ground here.
So taking responsibility for your finances is wrong because Chase was kind of involved in the sub prime mortgage crisis?
Posted on 4/30/19 at 9:29 am to LSUZombie
I don't get why this is offensive?
Posted on 4/30/19 at 9:31 am to CaptainBrannigan
quote:
Everyone knows it was the government who crashed the economy in 2008. Just go ask the Poli board.
Actually the repeal of Glass Steagall in 1999 led us to the housing crisis...it allowed banks and investment banks to operate as one again...make the loans / securitize them, sell them
Posted on 4/30/19 at 9:32 am to EarlyCuyler3
#1 you can go back and find videos of Democrats in Congress spewing bullshite back in the day to force the banks to loan to lower income people. You know because everyone should be able to own an house. LOL
So the banks make loans to idiots who can’t even safe enough for a decent down payment and said idiots defaulted on loans and the banks had to be bailed out.
Of course the republicans love their bank buddies so they are just as guilty in all of that mess.
So the banks make loans to idiots who can’t even safe enough for a decent down payment and said idiots defaulted on loans and the banks had to be bailed out.
Of course the republicans love their bank buddies so they are just as guilty in all of that mess.
Posted on 4/30/19 at 9:32 am to TheCaterpillar
quote:
don't get why this is offensive?
Everything is offensive in the days of twitter. It's impossible not to offend someone.
Posted on 4/30/19 at 9:32 am to TheCaterpillar
quote:
I don't get why this is offensive?
I'm sure all these celebrities/politicians would say because Chase is buying into boostrap theory and ignoring the systemic reasons people aren't doing well financially.
In reality, Chase is targeting college grads in NYC making 30k and living with 5 roommates but wanting to live an idealized lifestyle. They're not targeting genuinely poor Americans who probably don't have a checking account to begin with.
Posted on 4/30/19 at 9:33 am to TheCaterpillar
quote:
I don't get why this is offensive?
Because according the Elizabeth Warren's and Stephen Kings of the world, Chase is greedy and immoral and all banks are greedy and immoral and if you've sinned against the liberal orthodoxy you are no longer allowed to say anything.
We all know Stephen King and Elizabeth Warren are perfectly moral beings btw.
Posted on 4/30/19 at 9:34 am to notiger1997
quote:
#1 you can go back and find videos of Democrats in Congress spewing bullshite back in the day to force the banks to loan to lower income people. You know because everyone should be able to own an house. LOL
this is the biggest contributor...however, lots of fraud crept into the market in 2006-2007...the loans that were made prior to that actually performed pretty well
Posted on 4/30/19 at 9:37 am to TheCaterpillar
Because people don't like to be told they're irresponsible.
Add to that, it coming from a big bank who was probably very irresponsible themselves, and subsequently received a large sum of money from tax payers..... probably not the best optics. Although I do agree with idea of their tweet.
Add to that, it coming from a big bank who was probably very irresponsible themselves, and subsequently received a large sum of money from tax payers..... probably not the best optics. Although I do agree with idea of their tweet.
Posted on 4/30/19 at 9:37 am to LSUZombie
I don't really have a problem with calling out the irony. It's funny how many people get upset about people getting upset. Pot meet kettle.
I guess you can file me in the third generation of outrage about people getting outraged over the initial outrage
I guess you can file me in the third generation of outrage about people getting outraged over the initial outrage
Posted on 4/30/19 at 9:38 am to notiger1997
They did it knowingly. They had zero risk because they would be bailed out. Hence, "too big to fail." Its like a lot of you cant comprehend that the banks knew these people wouldn't be able to pay their mortgages and still lent them the money because they had nothing to lose. They pocketed the interest and then took bailout money when the house of cards collapsed.
They would not have lent the money had they been afraid that they would actually face the consequences.
It's either that or that the people who run billion dollar banks are so stupid that they thought they were making wise investments. Which one do you think it is?
They would not have lent the money had they been afraid that they would actually face the consequences.
It's either that or that the people who run billion dollar banks are so stupid that they thought they were making wise investments. Which one do you think it is?
Posted on 4/30/19 at 9:39 am to rintintin
quote:
Add to that, it coming from a big bank who was probably very irresponsible themselves, and subsequently received a large sum of money from tax payers
I was always under the impression that Chase was as irresponsible as other banks and was forced to take a buyout that they paid back?
Posted on 4/30/19 at 9:40 am to rintintin
quote:
Because people don't like to be told they're irresponsible.
Correct,
Warren has made her living telling poor people that it's not their fault and the system is against them. I don't know if she believes it, she's wealthy as hell, but she sure spouts it.
Posted on 4/30/19 at 9:40 am to rintintin
quote:
Add to that, it coming from a big bank who was probably very irresponsible themselves, and subsequently received a large sum of money from tax payers..... probably not the best optics. Although I do agree with idea of their tweet.
How do people not see this? It baffles me.
Oh yeah, I guess its because when anyone under 30 points out something, it's because they're a "goddam lazy entitled irresponsible millenial."
And, for the record, I am not a part of that generation.
Page 8 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News