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Source link: http://archive.mises.org/20224/banksters-offered-anti-prankster-strategy-really/

Banksters offered anti-Prankster strategy. Really?

January 3, 2012 by

Isn’t this something they should be doing behind our backs?
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Princeton Brews Trouble for Us 1 Percenters

Across the Ivy League the young people whom our Wall Street division once subjugated with ease are becoming troublesome. Our good friends at Goldman Sachs, to cite one example, have been forced to cancel their recruiting trips to Harvard and Brown. At Princeton, 30 students masquerading as job applicants entered a pair of Wall Street informational sessions, asked many obnoxious questions (“How do I get a job lobbying the U.S. government to protect Wall Street interests?”), rose and chanted a list of charges at bankers from JPMorgan and Goldman Sachs, and, finally, posted videos of their outrageous behavior on YouTube.

{ 5 comments }

HL January 3, 2012 at 11:18 am

I think Lewis is channeling the other Lewis in this piece. Funny.

Kind Regards,
Screwtape

Walt D. January 3, 2012 at 11:57 am

As we used to say, Brooklyn smart beats Princeton smart, So you paid out all that Ivy League tuition money and you still can’t figure out that Washington DC is the problem?

feudalredux January 3, 2012 at 11:39 pm

Hey Princeton kiddies,

I saw the youtube video of your mindless occupy-type chanting and got bored. Did not like.

If you want a video that gets my thumbs up, how about a video of you stoodints chucking some pie in Krugman’s face? Go wild. Use your imagination.

Matthew Swaringen January 3, 2012 at 2:14 pm

I can’t believe those people think that Goldman created the securities in order to fail on purpose. What gain do they think there was to be had without the government bailout? Surely you can claim that they didn’t care as much about failure as making money (considering they had the possibility of a bailout), but to claim they failed on purpose is just silly. There was no advantage to be gained in doing so.

They were encouraged by the Fed and regulations to take on more risks and more mortage-backed securities.

prettyskin January 3, 2012 at 4:41 pm

Ivy league attendees do have to keep themselves occupied, always creating senseless laws so that them and their Ivy league friends can keep even more busy meddling into the lives of simple people. These sewage dwellers sure do know how to keep themselves heavenly employed. What consequences do these dwellers pay when they are dead wrong? None.

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