Hey, remember that time Rick Santelli lost his mind on the floor of the Chicago Board of Trade and started screaming something about not bailing out “losers” who couldn’t pay their mortgages with mortgage assistance program, but it’s okay to drop nearly however many trillion we’ve spent so far bailing out the financial industry, and [...]
Entries from February 28th, 2009
Visuals: The Credit Crisis Cartoon
February 28th, 2009 · 6 Comments · win
This has been floating around my inbox for a few days – good weekend watching, I think, and even suitable to forward to Mom when she starts asking you what happened when Wall Street started chugging absinthe: The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
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The New Guy At UBS
February 27th, 2009 · 4 Comments · all ur bankz
Booyakasha! Osi G of Deutschland is now big pimpin’ as the Group CEO UBS AG, and the hopes are that he can turn the joint around. Oswald J. Grübel is widely credited with turning around Credit Suisse after giving co-CEO John Mack THE BOOT from their shared executive perch (though it could alternately be argued [...]
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Now Who Will He Boss Around?
February 27th, 2009 · 3 Comments · all ur bankz, bailout, bandit, fail
The real victim in the all-but-official nationalization of Citi this morning is not our beloved Bandit, as you might expect. He gets to keep on with his unique and charming brand of banditry for the forseeable future. No, the man who deserves your pity is none other than Prince Alwaleed. Prince Alwaleed used to [...]
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Vikram Bandit, Lounge Act
February 26th, 2009 · 6 Comments · bandit
NYPost says Vikram Bandit is going to be at the helm of Citigroup for a good long time, but we’re thinking, without a bonus, maybe he could start moonlighting as part of a cover band or as a lounge singer. The Reformed Broker got in the act this morning with The Bandit’s version of Gloria [...]
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