Now why would you release a movie that takes banks to task for their largess with a fete at a place adorned with reminders of bank largess? I’m talking about Michael Moore’s “Capitalism: A Love Story,” aired last night to a star-studded audience at Lincoln Center (yours truly is thinking her invite must have gotten [...]
Entries from September 22nd, 2009
Sheila Bair: I Can Haz A Loan?
September 22nd, 2009 · No Comments · all ur bankz
Since there are shiny new bankfails every weekend, it appears the FDIC’s coffers are finally starting to look a little bare. When this happens, the agency has four options to raise some cash: it can raise the rate of the insurance premium it charges member banks, it can levy a special one-time assessment against its [...]
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Some Saturday Reading and Viewing
September 19th, 2009 · 2 Comments · links
- Funny, when I think “bear bar” I think of something else, but maybe Dick Fuld had some hobbies none of us knew about. – I’m in ur FHA, denyin’ ur bailout. Loan-loss reserves? We don’t need no steeenkin’ loan-loss reserves! – Cougar invades Microsoft campus. Yeah. Bonus, the article includes what amounts to dating [...]
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You Have Until September 22
September 17th, 2009 · 1 Comment · lehman brothers
Wow, people really want to get their money back from Lehman! 9,763 claims as of September 11, per the NY Times. What kind of wacky people are trying to wring every last dime out of history’s greatest failure? New York City’s Department of Finance wants $626,999,222. And seventeen cents. Seems as if the company had [...]
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Recessionista Style: PBR And Fake E-Beds
September 17th, 2009 · 4 Comments · retail
At my local bar, Pabst Blue Ribbon is the cheapest beer on the menu, but according to AdAge, it’s not the best deal out there at the supermarket. After two price hikes, your spend for a case of PBR is 50 cents more than High Life (and that’s the “Champagne” of beers, people!) and a [...]
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