Tire Fires Burn Faster Than This

August 26th, 2010 · No Comments · fail

Blockbuster is finally filing for bankruptcy, sometime next month. Friggin’ finally. Their failboat has been trying to dock for well over a year now. We’ve posted about this stupid company’s looming bk so many times now that if we had a nickel for each one, we could have bailed them out by now. C’mon, Blockbuster. [...]

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Does Anyone Like Dick?

August 26th, 2010 · No Comments · lehman brothers

Fortune Magazine, having run out of actual things to report on, decided that it needed to check in on Dick Fuld. This was somehow not complicated by neither Fuld nor his lawyers wishing to comment on the article. So what has he been up to? Turns out, not a lot, at least not by his [...]

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HELOC? HELNO.

August 23rd, 2010 · 5 Comments · fail

From NYT, shocking, shocking news: you may have to stop looking at your house as a guaranteed cash cow. “There is no iron law that real estate must appreciate,” said Stan Humphries, chief economist for the real estate site Zillow. “All those theories advanced during the boom about why housing is special — that more [...]

More on this topic (What's this?)
HOME PRICES ARE STILL TOO HIGH (THE PRAGMATIC CAPITALIST, 8/24/10)
Marc Faber: Massive Inflation and then War (Expected Returns, 7/14/10)
Best Investments During Inflation (market folly, 8/10/10)
Read more on Inflation at Wikinvest

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LOLBirthday

August 2nd, 2010 · 1 Comment · win

Give or take a few years. Happy birthday, Alyx! ETA: It has come to my attention that I’m a couple of days early, due to a series of failures involving Facebook and not involving a calendar. But I’m leaving it up anyway, because.

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Robots Will Bankrupt Us All

July 31st, 2010 · 1 Comment · markets, regulatin

Tyler Durden (if that’s his real name) over at Zero Hedge brings us, as he so often does, a light-hearted and amusing look at the hilarity of the market. Or, specifically, how every major firm has their own Skynet and are each trying to out-Skynet everyone else, illegally. Awesome. Recently we posted a required reading [...]

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