That’s Zogaib on the right. The fellow on the left actually has a judgment against Zogaib at this point for defrauding him of about half a mil; we are happy to protect his identity. Your latest alleged Ponzi schemer: Henri Zogaib, a race-car driver turned iron-ore salesman: A professional race car driver is the prime [...]
Entries from July 22nd, 2009
How CNBC Learned To Stop Worrying And Love The TARP
July 21st, 2009 · 1 Comment · bailout, cnbc
TARP watchdog (not to be confused with TARPdog, handed out by Citi to prospective customers) Neal Barofsky gave us some extremely ugly numbers today as to our total potential liability if bailed-out banks go sour and their investments fall off a cliff: “Although large in its own right, TARP is only a part of the [...]
Tags:
In Which We Learn Karma Isn’t Real
July 20th, 2009 · 7 Comments · fail, subprime
So, did you ever wonder whatever became of the hundreds or thousands of loan officers who helped get us into the sorry state we’re in by encouraging liar’s loans and whatnot so people could live way beyond their means because they saw it on HGTV? I had just assumed they were in Hell, being violated [...]
Tags:
Don’t Talk To Chuck Right Now
July 20th, 2009 · 1 Comment · fail
Andrew Cuomo is at it again. Now facing his unholy wrath: Charles Schwab, in a spot of trouble for selling auction-rate securities to customers without really knowing what was in them and telling customers they were just as good as cash, which I don’t know, is suddenly a crime or something. Cuomo will agree to [...]
Tags:
Roundup: Comics, Iceland, Drug Lord Swag
July 20th, 2009 · No Comments · links
- You probably heard there were plans to spend your tax dollars to hire a consultant who best knew how to bring “humor to the workplace.” We were going to apply, but unfortunately, you populist rabble-rousers (lookin’ straight at you Drudge) got the program scrapped. Above, an example of my office-cartoon skills. You probably recognize [...]
Tags:
