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Tag Archives: poetic justice
Dogfood, the consumption of one’s own
Credit Suisse Group AG’s investment bank has found a new way to reduce the risk of losses from about $5 billion of its most illiquid loans and bonds: using them to pay employees’ year-end bonuses.
James Carville and Paul Begala: Let the Blame Game Begin
What does it mean to be a Republican? Do Republicans support laissez-faire or nationalized banking? Do Republicans support a balanced budget or half-trillion-dollar deficits? Do Republicans want a ‘humble foreign policy’ like George W. Bush, or preventive war against countries … Continue reading
Too good not to be true
A rumor (that’s all it is, a rumor) in current circulation has it that the sharp decline in the stock prices of Goldman Sachs and Morgan Stanley is the result of short selling. Each other. I have a lot of … Continue reading