Entries from July 19th, 2009

In Soviet Russia, Mail Order Bride Pays You

July 19th, 2009 · 2 Comments · win

I’m in South Florida, a) without Photoshop or a working ctrl-key on my keyboard, and b) casually leafing through the New York Post at breakfast. And I’ve found a pro tip for any of you guys in NYC or Florida who were possibly lamenting that cutbacks in your salary would negatively impact your ability to [...]

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This Could Stop Runs On The Bank, Too

July 18th, 2009 · 2 Comments · fail

LOL “WTF”CU! So this morning I see a headline about a technique being used in South Africa to “thwart exploding cash machine raids”. The jist of it: Cash machines offer an ever-growing menu of services beyond merely dispensing money. For tampering criminals, this now includes a squirt of pepper spray in the face . The [...]

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Citi: In Which Reuters Does Our Job For Us

July 17th, 2009 · 1 Comment · bandit

Reuters for the win on the Citigroup earnings story headline, “Citigroup losses masked by Smith Barney gain“: NEW YORK (Reuters) – Citigroup Inc (C.N) on Friday said loan losses surged again in the second quarter, yet gains from selling most of its Smith Barney brokerage helped the company report the highest profit among big U.S. [...]

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Tales of Fail: BAC’s Conference Call

July 17th, 2009 · No Comments · all ur bankz

Not really a liveblog but here you go. 9:35AM – O hai! Ken Lewis here! I’m feeling a little less “constrained,” probably as a result of switching from briefs to boxers. The bank? You know I can’t be talking about the bank, you read that we were under double-secret probation and playing musical chairs. 9:40 [...]

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Doug Casey: Diversification For The Hard-Asset Crowd

July 17th, 2009 · 4 Comments · loller dollar

Gold. Oil. Gold. Oil. I know a lot of our readers are of the inflationary mindset but let me tell you — you guys get SO BORING sometimes when you go on about nothing but Peak Oil, your requiems in pace for Swiss bank accounts and the capacity of your average orifice for Krugerrands should [...]

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