Excerpt from The Washington Post: “Tom Daschle’s problem wasn’t that he didn’t pay his taxes. It was that he — along with those who vetted his nomination as health and human services secretary and many of his colleagues in the Senate — found it perfectly ordinary and acceptable that he would be able to cash [...]
Archive for the ‘Current events’ Category
You've got to be kidding: strikes in France
Posted: 30 January 2009 in Current eventsTags: financial crisis
In case you have not been following the news in France, let me update you. The workers are on strike. Excerpt from The Guardian (which happens to be my favorite newspaper): More than one million French workers downed tools yesterday in the first general strike to hit a major industrialised nation since the start of [...]
I agree with Barry Ritholtz: bad bank idea is stupid
Posted: 29 January 2009 in Current eventsTags: financial crisis
Barry Ritholtz who writes the blog ” The Big Picture” was on CNBC Fast Money to argue that the current “bad bank” idea that the Treasury is considering, is a terrible solution. Barry says the government should: stop interfering with the markets; nationalize the banks; wipe out the debt, fire the management, wipe out the [...]
Clean Green:How To Polish Shoes With A Banana Saves money and the environment!
Banking girlfriends find solace in support group
Posted: 28 January 2009 in Current eventsTags: financial crisis
Girlfriends, mistresses and wives of fallen bankers can now find solace in a support group to lament the end of shopping sprees at Tiffany’s: New York’s Dating a Banker Anonymous (DABA) “is a safe place where women can come together — free from the scrutiny of feminists — and share their tearful tales of how [...]