Neel Kashkari voted one of the sexiest men alive. IDK, not really into Sam The Eagle. Wonder if People Magazine got some dollars at the TARP for including him? Print is dead. [WSJ]
Buy a toaster, get a free bank. I only want the toaster if it can render Vikram Bandit on toast. Rehashing the image because I love it so [FT Alphaville]
Quantitative easing? Call in the invisible helicopters! [Josh Reviews Everything]
This Halliburton option has a LOLTicker. King Hal soon to be demoted to squire, get those puts before they put in their application to become a bank holding company [h/t Peter Hanson]
Sweden redefines “voluntary” [Bloomberg, h/t Caroline B]
Venture capitalists have found a new prospect: Somali pirates. Impressive revenue growth and low expenses! [The Daily Mash, h/t WallStreetFighter]
The poll from earlier this week puts Rick Wagoner as most likely to get on his knees in front of Congress to beg for dollars. Can’t wait to see the business plans these guys cough up. 1) Get federal moneys. 2) ????. 3) Profit.
The Bandit does a call this morning, blames fearmongering, says their capital position is strong, and says he doesn’t want to sell off any of their business units, e.g., Smith Barney. POLL – will Citigroup survive the weekend:
Jason // Nov 21, 2008 at 10:03 am
It would make me as happy as a leetle girl if Citi found themselves scooped up by GS over the weekend, because of this:
http://lolfed.com/2008/10/26/best-ceo-ever/
anonymous // Nov 21, 2008 at 11:45 am
http://krugman.blogs.nytimes.com/2008/11/21/lolfed/
He wants to destroy your server!!!
Cesar Cardoso // Nov 21, 2008 at 12:03 pm
There’s no banditry on the Bandit/Toast image. Just for the sake of complaining.
Oh, BTW: http://krugman.blogs.nytimes.com/2008/11/21/lolfed/
anonymous // Nov 21, 2008 at 12:05 pm
http://krugman.blogs.nytimes.com/2008/11/21/lolfed/
He’s one hotlinking son of a keynes
'mouse // Nov 21, 2008 at 12:45 pm
I should have shorted Citi the moment they approved my prime-minus-3/4 line of credit.
Too late for that now, so I’m going to go out this weekend and see if there are any fools that will accept Citi checks and max that puppy out. My own version of a credit-default-swap.
anonymous // Nov 21, 2008 at 3:23 pm
Am I wrong or Krugman is hotlinking Bernanke’s photo?
Jason // Nov 21, 2008 at 3:54 pm
You are not wrong, but anytime anyone tries to tell Krugman anything, he just starts polishing his Nobel medal until they stop talking.
JT // Nov 21, 2008 at 5:02 pm
“possible deflation”
Are you kidding me?
Double digit trillions have been lost in the domestic equity markets and housing market alone.
No entity can print that money supply nor will any entity try.
Prices inflation is a rearward looking statistic and we now know that price deflation is here.
Monetary deflation is rolling like a freight train with no breaks. Those without out debt can get out of the way which means most will not be spared.