Hank Paulson hearts the financial reform bill and wishes he’d had one just like it. We are all so very screwed. Work for a bank? Make a lot of money last year? Ken Feinberg is calling you out…and that’s pretty much all he’s doing. That’ll show you. Bernanke has a plan to fix the economy: [...]
Entries from July 22nd, 2010
A 60-40 Vote To STFU
July 21st, 2010 · 4 Comments · breaking news
Those who have been unemployed for more than 26 weeks, rejoice. The baller-status lifestyle you’ve been enjoying on those $309-a-week (on average) checks should be able to continue. Ramen noodles and store-brand Capri Sun for everyone! The Senate finally managed to rustle up the votes needed to block the filibuster on the bill that funds [...]
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Christopher Whalen Calls For Lloyd’s Head
July 16th, 2010 · 1 Comment · goldman sachs
Goldman gets a $550 million dollar fine for misrepresenting tranches of subprime fail as something other than an investment in horse manure, which sounds big in theory, but in practice, it’s only the equivalent of their two-week paycheck: Goldman earned $3.84 billion in the quarter, atop a staggering $12.78 billion in revenues. By that measure, [...]
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Financial Reform Passed In Record Time
July 15th, 2010 · 4 Comments · fail, regulatin
So just this morning that financial reform thingy got its last Congressional vote before becoming law, and assuming our dear president doesn’t have a last-second case of teh veto lulz, it’ll be officially signed into law sometime next week because why rush things. We haven’t said much about the bill lately for a number of [...]
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Quit Chase Bank, Get A Chicken Sandwich
July 15th, 2010 · 2 Comments · bitchfights, jamie dimon
I know, I know, this is my third post about sandwiches this week or something, but I wanted to tell everyone that The House of Dimon may be losing a few customers in the Seattle area today: We just found out via the Twilight Exit facebook page that the bar/restaurant is offering a free dinner [...]
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