- Bernie Madoff, true pimp. – Andrew Hall flaunts his large round number in the face of the Pay Czar, may or may not be worth it, may or may not get to keep it, probably would be better off not slogging for the Bandit every day. – Timmay: Words words words! Banks: Hey, thanks [...]
Entries from August 14th, 2009
They Actually Did Do Something
August 13th, 2009 · 3 Comments · bernanke, governors
So as not to ruin what passes for jokes around here, yesterday evening I might have said that the Fed did nothing, which is true as far as interest rates go but that is not actually all that crowd does, and not all it did yesterday. The bigger news coming out of the FOMC crew [...]
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And Worth Every Penny
August 12th, 2009 · 3 Comments · bernanke, governors, zirp
As Federal Reserve Chairman, Ben Bernanke rakes in a salary of $191, 300, a number which we can only hope includes performance bonuses. He heads up an agency that happens to be the largest bank in the world. It issues currency, is a bank for both the government and for giant commercial banks (acting as [...]
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Seems Like It Just Started
August 12th, 2009 · 4 Comments · bernanke
So a double shot of good news today if you’re a balding bearded baron of banking. One, a majority of economists polled by the WSJ say the recession is over, and two, 71% of those same economists think Ben will get to keep his job for another term. “He deserves a lot of credit for [...]
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Fail Meets Fail
August 10th, 2009 · No Comments · fail
Yet another year has passed without either of your beloved LOLFed writers being invited to NYC’s Fashion Meets Finance shindig. It’s doubly unfair for Alyx, who also dresses fancy, but I guess them’s the breaks. Strictly speaking, neither of us really qualify: The invitation to the latest Fashion Meets Finance party — an affair that [...]
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