/biz/ - Business & Finance

Real talk anons, what do you guys think the GME board of directors is talking about right now? Could they take the company private? Issue more shares?

Banker here and I'm fucking tired of all the bitching so I'm going to break this shit down.

First of all, most banks make their primary revenue off of interest on credit, and fees. Loans and credit cards are the big ticket items, example financing a house or car, and carrying a balance on a credit card. When it comes to fees, sadly they are littered throughout the industry. There are fees for so many things (aka for poor or uneducated people who just don't care about paying for them). Examples are cashiers check fees, check order fees, overdraft fees, atm fees, international fees, merchant processing fees. I agree almost all of them can be avoided but the majority of people are not financially literate.

Now let's get to WHY people pay these fees or why people WOULDN'T have an account.

Most common reason is they just don't qualify. How you may ask? They don't risk screen and owe debts to other banks from overdrawn or collection accounts on credit. Other common reasons are legal pledges or garnishments. Your not going to open an account to put money into it if someone is just going to pledge the account and take all of your funds. So for some people it's easier to pay the check cashing fee and suck it up. You would be amazed at how many people overdraw their account, take cash advances on their credit cards, and use other atms and willingly pay the fees.

Hope this clears this up. If you have questions ask away

Sr loan officer banker here. I started as a teller many years ago. Yes you often get a chair but get used to standing, it's not that hard.

Absolutely fucking not can you use a kindle and if you are you are absolutely not worthy of getting a promotion. You can occasionally use your phone but don't make it a habit and do something resourceful with your time.

Absolutely there are opportunities but you have to work hard.

Read some books on long term safe investing. What are some good long term high risk books on investing?

>>1610025
No fucking way.

>>1590630
Shit you are right, I did not think of that one. Napkins... bread?

>>1504585
jesus not another one of these threads...

>>1487409
>it would not be a currency for trading

God, I really hate when people just think they can waltz right in and think they understand how economics works. I don't come to you and say "hey, I know I didn't study physics, but I've decided I want to stop believing in gravity and start flying."

Please tell me, what the point of a currency is if it can't be traded?

>>1463940
This was a maintenance job at a temple btw

>service just gets out, cleaning up
>sneak up behind coworker with a yarmulke I found on the ground
>slap it on his head
>"YAMATIZED!"
>rabbi is standing right there watching us

Holy shit, I think I've finally done it. Here's the big kahuna. This one is going to make all of us so fucking rich. My only question is, why has nobody started an Uzbekistani goat trading forum yet?

>>1424857
My friend...

Today the boat...

WAS ONLY FUCKING TURNING ON. TURNING THE FUCK ON. TOMORROW-

THE BOAT IS FUCKING MOVING AND MOVING FAST. FREE GAINS FOR YOUR FUCKING GOD DAMN PORSCHE 918

>>1424861
You know what?

*/biz/ listens deeply in interest for what*

If you're bearish then get the fuck out. But you will see, on the way home from work after we've made our gains... you-you-you will finally fucking see...

WHO THE GOD DAMN FUCKING WINNER IS WHEN ALL THE FUCKING BULLS ARE SMOKING CRACK AND FUCKING HOOKERS THROWING CASH FROM LOUIS VUITTON BAGS WHILE THESE FUCKING BULLS GO TO WORK THEIR 9-5

*/biz/ erupts so loudly the bears are thrown out of the building*

>>1209101
ah well Mr. Mahoney
It seems Todd authored this thread to brag that he acquired through fraud roughly 720 blu-ray discs
according to
https://www.whitecollarcrimeresources.com/federal-fraud-sentencing-guidelines.html

according to
section b1e, b2c and b3-10 Todd is going to prison for 19 years.

>>1209134
Sir I urge you not to defend this man unless you are 100% certain he is worth defending.
for aiding evil is a far greater sin than simply perpetrating.

We do not forgive, We do not forget, We are Legion

4chan is the 431st most popular site in the country. Thousands of your townsfolk and neighbors are on this site regularly. Accompanied by millions of other users across the globe.
Each and every one of us has resources. Even the poorest has the protection of having nothing to lose.
The evidence against Todd the EbayGod is quite strong and piling up. Aid us or pay the price.
Facebook was a non intrusive non damaging courtesy. Your insolence in failing to immediately aid in this righteous cause will not go unpunished.
Look up other targets of the hivemind called Anonymous. You are for all intents and purposes Famous now. Millions know your name. Millions will judge you and act accordingly. I hope for your sake they do not find you wanting.
I'm sincerely sorry for your loss.
Good day sir.

>milllionare and billionaires don't become such until after their 40s. Many even after 60s.
A damaging disclosure /biz/'s needs

>>725119
>>725184
you must be idiots or americans to think one needs more than two weeks preparation time for finals