This is a story about self destruction…
This little machine has allowed me to rise to a level of mastery of a profession where I could command in excess of £200k (gross) per annum for my skills, walk out of one job and into another, and generally enjoy a period where I didn’t have to know my bank balance or save up for anything. This statement is vulgar, I hope people don’t think boastful, but it’s certainly distasteful.
I now live in an apartment with panoramic views of the Thames. I can see Heron Tower, The Gherkin, Tower 42, The Cheese-grater, The Mobile Phone, Tower Bridge, The Shard, The London Eye and a number of iconic London skyline icons.
This would be sustainable, but since the age of 19 or so, I figured out that it doesn’t matter if it’s torpedos fired from a submarine, or Credit Default Swaps, traded in the front office of an investment bank… it’s all the same fucking 1’s and 0’s.
Some pudgy, piggy-eyed, adenoidal little pricks have carved themselves out little fiefdoms where they have constructed such impenetrable balls of mud, that no sane programmer would venture in. They take pleasure in having made themselves key-person dependencies.
I like to think I’m ethical, and it’s only because I was being whipped so hard by my bossess to deliver DTCC that I didn’t think of the ethical impact of Credit Default Swaps and Collateralised Debt Obligations on the world economy. JPMorgan processed 70% of that toxic waste, and that equates to $1.16qn of money that was circulated, while the real collateralised securities and precious metals were moved into the accounts of those who knew what was really going on.
I wrote the system that confirmed those trades. I saw the data flow through. I saw live production data, and I couldn’t believe the notional values that were being traded.
I feel like I could have stopped $1.6m of ‘fake’ money, for every man woman and child on the planet, from being pumped into an economy that was only ever supposed to last as long as the ‘smart’ money moved their assets. There just isn’t enough precious metal, fiat currency, property and securities to collateralise all the derivatives that have been printed. The paper is worthless.
I can’t see how it can be propped up. As it starts to crumble, I’m going to feel more & more responsible.
I feel like ground zero.
I don’t want to wake up tomorrow.
Tags: #banking #suicide #career #london
Comments
4 responses to “Brain Stew”
Warm hugs Nick X
via Facebook
Oh dear!
You deserve the Nobel prize for being the “mother Teresa of Calcuta” of the banks! They should be proud of you,while you’re in the queue of Sainsburys to buy your bread and butter. Lol
I don’t think mother theresa was a key player in the CDS/CDO collapse (which, by the way if you do 70% of those deals, you KNOW who’s holding the toxic debt before the DTCC even do), or got a big bonus for acts she later considered immoral. I shop in Waitrose by the way. less of the proletariat there.
JPMorgan had a shopping list of banks with low exposure to the derivss bomb, but who had great systems, clients and people. They cherry picked banks like Bear Stearns, and got Lehman’s clients for free.
The evil genius who dreamed up the CDO now has her sights on crypto, But I Ithink I Iknow
I don’t think mother theresa was a key player in the CDS/CDO collapse (which, by the way if you do 70% of those deals, you KNOW who’s holding the toxic debt before the DTCC even do), or got a big bonus for acts she later considered immoral. I shop in Waitrose by the way. less of the proletariat there.
JPMorgan had a shopping list of banks with low exposure to the derivss bomb, but who had great systems, clients and people. They cherry picked banks like Bear Stearns, and got Lehman’s clients for free.
The evil genius who dreamed up the CDO now has her sights on crypto, But I think I Know her plan and and I have an idea to keep the best hope of normal people having non-fiat currency and a fair non-political borderless currency.
Mock all you like. My post was an admission of a guilty conscience and the guilt & responsibility I feel. Save your quips about doing good in the world until i have actually claimed to do some. As it stands it just looks like you have a dreadful grasp of history & a confusion between false flattery & when you actually should have just insulted someone.
e.g. “I just killed a man” (bad) does not lead to “what do you want, a medal?”
or “I gave £50 to a homeless person” (self congratulatory) deserves an insult “boastful c**t, that story is probably going to come out again & again whenever anyone mentions charity”.
Thanks for commenting and not just Youtube cross posting though.