Sonderfonds Finanzmarktstabilisierung Finanzmarktstabilisierungsanstalt. That just rolls off the tongue with ease, doesn’t it? That’s what Germany calls their financial-markets stabilization fund, aka “SoFFin” for short. Germany is working on legislation (on which their upper house votes on April 3rd) to fully nationalize Hypo Real Estate Holdings, and today, SoFFin coughed up for a 8.7% chunk [...]
Entries from March 28th, 2009
Not The Only Ones Versed In Photoshop
March 27th, 2009 · 2 Comments · cnbc
I guess this is why he was too good to deliver the “Pops and Drops: Cougars” segment the other day… certainly you all heard today that Dylan Ratigan bailed on CNBC. He’s gone from the website too – unceremoniously plucked from the lineup of hosts. Hey, does K-Fine look taller to you now in comparison? [...]
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No Respect… No Respect At All
March 27th, 2009 · 1 Comment · jamie dimon
We wonder if he’s having trouble getting tables at Dorsia now, too. JPMorgan’s Jamie Dimon, former contender for LOLFed’s Golden Cojones award who was recently caught whining about his vilification, showed up today to meet with President Obama and got pwned by security: Jamie Dimon of JPMorgan Chase & Co., John Mack of Morgan Stanley [...]
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In Order To Ruin Your Morning
March 27th, 2009 · 3 Comments · Uncategorized
I am well aware that I might not think on the same plane as, say, a normal person. But surely I cannot be the only one who experienced highly unpleasant visuals when I read the following line from this AP article on the president meeting with bank CEOs today: The president was set to take [...]
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Mea Culpa
March 27th, 2009 · 9 Comments · bandit, bernanke, greenspan, hank paulson, jamie dimon, Timmay
Here at LOLFed, from time to time, we like to point a gnarled finger of blame at those in industry and government whom we feel are at least partially responsible for our current state of affairs. We have done so without regard to race, ethnicity, political party, gender, collegiate affiliation, or employer. As it happens, [...]
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