[ Oct 8, 08 ]
….and there are more important things. At least in my mind.
The Economy. Here’s a thing: I don’t know what to say about the financial markets that hasn’t already been said. In fact, there have been a lot of words tossed around about the financial markets recently, but I personally believe they can be summed up [...]
[ Sep 30, 08 ]
via Bloomberg:
Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. [...]
[ Sep 30, 08 ]
Categories: snark
This interpretive dance rendition of mortgage lending practices was met with disdain by New York audiences this past weekend, as the actors representing corporate executives danced within a fan that never managed to hit the shit.
[ Sep 24, 08 ]
….and you shouldn’t be, either.
“Based on a long-forgotten formula found doodled into the margins of Arthur Laffer’s minor, 1971 work “Money and Tits”, the “Special Theory of Illiquid Relativity” (STIR) posits the provocative idea that the high-speed collision of bad paper and taxpayer money will create conditions very similar to the early “Big Con” state [...]
[ Sep 17, 08 ]
Categories: snark
This flag is used to cover up WAY too much shit.
[ Sep 17, 08 ]
Categories: snark
Executives of the Lehman Brothers’ Tokyo branch vainly attempt to discern the writing on the wall.