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Top U.S. Banks Worse Than Nigeria

From A Russian Blogger

If you still do not understand how far America fell, and where it really is in comparison to Russia, then I want to leave you this weekend with this. Bear Stearns, fifth largest American investment bank, voted “Most Admired” investment bank by Fortune magazine from 2005-2007, was sold off for just $237 million to J.P. Morgan. Now, compare this to a fifth-biggest Russian investment bank, UralSib. It’s a bank that is not even four years old, has maybe 60-70 guys working there, some of them know English okay, some even know mathematics. Guess how much UralSib is worth? At least $12.4 billion dollars, based on prices that investors willing to pay for UralSib shares.

That’s right, a fifth-biggest Russian investment bank is worth 50 times the equivalent in America.

Arrogant triumphalist Americans were always fond of the statement, “Russia is Upper Volta with nukes.” Really made you guys feel so superior, laughing at people who poorer that you are. So, who is the Upper Volta with nuclear missiles now, fuckers? Don’t just ask me, I’m a Russian patriot who is biased, so read your own Reuters, in the article “Some Wall St Banks Seen Riskier Than Poor Countries”:

“You could say Lehman is riskier than Nigeria,” one trader said, asking not to be named. “But it’s not a trade or a comparison people often try to make.”

Hey man, I make that comparison every day! Anyone with a working brain or understanding of financial markets understand today’s American financial system is not even at the level of Nigeria. It’s an insult to a Nigerian economy, because Nigeria has real products to sell that rest of the world wants, whereas America is completely broke and produces nothing but worthless financial instruments, which turn out to be as worthless as the collapsing American empire. It’s incredible to me that the trader quoted begs the Reuters reporter to be anonymous, like he is a scared Soviet refusnik in Stalin’s time. In fact the trader is afraid of getting killed for telling the hard truth. Can’t blame him, anyone who tells the hard truth in crazy fanatical loser America can be killed by a mob of dumbfuck retards. Only a British trader can speak openly about the hard reality:

“I think with Africa people feel they know what they are dealing with,” said Razia Khan, head of Africa economics at Standard Chartered in London. “In contrast, everything else [i.e. American financial system] is a great unknown.”

No, America your are not even Upper Volta with nukes. America is only nukes and that is it, nukes controlled by a mob of crazy bankrupt losers who know how to blow up the world but cannot do real work and make a real economy, that even Nigeria can do. Maybe that is why Americans are voting for this black guy Barack Obama. They hope that Africa will treat America well when homeless broke losers beg Nigeria for a credit line, and some oil.



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This entry was posted on Tuesday, April 8th, 2008 and is filed under Corporate Fraud, Economy, Federal Reserve, Media Coverage, World News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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