Last 15 Years on Wall Street - FULLPresentation Transcript
A Fifteen Year History of Wall Street by www.outsider-trading.com
Analyst Desk at a Major Wall Street BankWe really need torate these techstocks a strong buy!
They dont seem tomake any money?
Our investmentbank makes akilling takingthese bad boyspublic, its our jobto make surethese things sell!
Isnt it against ourmoral oath as CFAs torecommend stocks thatare loosing money?
BHAHAHAHAHAHAHAHAHABHAHAHAHAHAHAHA
Brokerage Branch of same Wall Street BankOur firm rates thesetech stocks a strongbuy, we need to geton the horn and sellthese bad boys......theres also a 15%commission!!!!
Yes?
These tech stocks dont seem tobe making any money though??
Its a new economy...earnings are prehistoric
Isnt it against our code asseries 7 to worry aboutcommissions?? We aresupposed to put our clientsinterest before our own...
BHAHAHAHAHAHAHAHAHAHAHABHAHAHAHAHAHAHA
Client Meeting Inside Same BrokerageAre you sure abouthomegrocer.com? Itsloosing money... whatabout valuations??
Its a new economy... you wontbe worrying about valuationswhen youre buying a yacht!!
Lets do it!!
I love the smell of commissions in the morning!!
Fat-Cat Boardroom at same Wall Street Bank Well... those tech stocks didnt work out so hot.
It was a bubble...investors shouldveknown better
Now we have areal opportunityto sell bundlesof mortgages
Real Estate hasdone nothing butgo up... and manyof these mortgagesseem to have weakcredit quality??
We need to sellthem to get emoff our books!Plus, we make aridiculous profitfor packagingthem up, its awin-win... for us!!
Dont we have amoral obligation tolook out for all thestakeholders?
BHAHAHABHAHAHAHAHAHAHAHAHA
Institutional Sales Desk - same Wall Street Bank Are you sure about the credit quality on these mortgage securities?
Of course, thesethings are solid!!
Look, we know thesethings are going todefault... thats whybuying our credit defaultswaps is a no-brainer!
Same Fat-Cat Boardroom(several years later) Well, that didnt work out so hot...
The good news is wehave been givingmoney to both parties...so this bail-out thing isvirtually guaranteed!!
Hey, didnt the treasurysecretary used to work here?
Yeah, and the FedChairman too
Look guys... this isgoing to workout justfine! Our actions willput most of the smallbanks out of business
Yeah... and theones that are leftmust be reallyconservative andhave great assets!!
zag_1983