Something infuriated me just a minute ago and I had to post. GoldMine Sachs is building another multi-billion dollar hedge fund – based in Hong Kong – and tapping their highest paid guy Morgan Sze to run it. Now let me tell you why I think they’re rich and worthless: well the first thing hedge fund!!! Something that is synomous with what is wrong with the financial sytem – don’t like the odds over there sir, let me sell you this over here to counterbalance the risk so whether the coin comes up heads or tails you always win… It’s just the other guy who loses — and let me tell ya, who is the other guy? The whole of the population of the earth not making a grand a minute that’s who.
Second: this Sze guy reportedly made a $100M bonus last year. So with his regular salary of god knows how much he made o-n-e freaking hundred million dollars on top of it – and I can just bet he sunk a couple third-world countries, Spain, Ireland, and Greece to get it.
Can anyone tell me where I can get a good second-hand hundred million dollar vault so we can lock these guys away so them and and all their troubled assets that they created don’t come back and visit us again like a bad penny?
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