December 24, 2008 - From: John Edwards and family
Dear friends and family,
Greetings from Elizabeth, Cate, Emma-Claire, Jack and that weird-looking bastard kid I fathered. First off, let me explain what kind of weird that kid is. Man, she looks like she has a giant toe for a nose. That's...
Filed under: Christmas,
holiday cards,
Christmas cards,
politics,
media,
AIG,
Lehman Brothers,
John Edwards,
Sarah Palin,
Michael Phelps,
David Paterson
November 19, 2008 - I found an application for bailout money online. I downloaded it and am ready to apply. If I qualify, I'll totally stimulate the economy. Here's how...
November 12, 2008 - The problem with bailouts, aside from the fact they promote socialism, take away the incentive to succeed, allow crappy businesses to continue, stifle innovation, prevent morons from making needed career changes, and generally screw up the economy, is that they don't work.
I am trying to think of a...
Filed under: socialism,
handouts,
welfare,
heroin,
AIG,
California,
bailouts,
bailout,
Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
financial crisis,
Wall Street crisis
October 9, 2008 - Barack Obama wants to fire them. The House Oversight committee is super-pissed at them. All because AIG executives didn't let the ink dry on their $85 billion bailout before spending almost half a million dolla...
Filed under: AIG bailout,
AIG retreat,
AIG spa,
AIG scandal,
AIG spa,
AIG spending spree,
AIG executives,
AIG resort,
AIG vacation,
AIG spending,
AIG facials,
AIG manicures,
AIG massages,
AIG goes to spa,
AIG spa loan,
bailout,
financial crisis,
economic crisis,
AIG
September 30, 2008 - Folks are talking about using "mark-to-market" accounting in the new rescue plan...because it worked out so well in the past:
Enron notoriously booked future contracts as current earnings, even though they had no idea what those contracts would be worth, whether they'd actually get paid for...
September 30, 2008 - The past two weeks have seen the largest bank failures in American history, the destruction of financial legends, and the largest one day market drop in history, but there is a silver lining to be found in all this chaos. Your humble writer received a notification today of a new...
September 29, 2008 - WAZIRISTAN, PAKISTAN -- Count al Qaeda as the next big firm brought to the brink of collapse.
As international credit freezes up all over the world, the pains of the crisis are felt in the furthest corners of the world, affecting nearly every institution with international operatio...
Filed under: al Qaeda,
terrorism,
terrorism financial crisis,
financial crisis,
Wall Street crisis,
federal bailout,
AIG,
JP Morgan,
Representative Barney Frank,
Osama bin Laden,
Ben Bernanke
September 26, 2008 - Congress is like a slick Vegas magician. While our attention is on its fiddling with the Wall Street mess they slip a quick 25 billion in welfare to the auto industry and hope nobody was noticing. That means this month's bailouts are already over a hundred billion with a...
Filed under: financial crisis,
economic crisis,
Henry Paulson,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO pay,
CEO salaries,
House Financial Services Committee,
Congress Financial Services,
Congress government bailout,
government bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street crisis
September 26, 2008 - Come you masters of debt
You that owe the big bucks
You that sell off your shares
To some other rich fucks
You that mismanage funds
You that mishandle loans
I just want you know
I see through your Dow Jones
You that never done not...
Filed under: financial crisis,
economic crisis,
Henry Paulson,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO pay,
CEO salaries,
House Financial Services Committee,
Congress Financial Services,
Congress government bailout,
government bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street crisis
September 23, 2008 - This whole bailout thing is very eye-opening. Anytime the government wants to keep a company alive, no matter how poorly run and mishandled it might be, they can just buy it up and allow it to continue bl...
Filed under: Government Bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street Crisis Explained,
Wall Street Crisis,
What is the wall street crisis?,
What is the financial crisis?,
Government Spending Explained,
Market Crisis Explained,
Bank Bailout
September 23, 2008 - In 20 years, we'll be saying, "When the economy collapsed, CNN's Rick Sanchez was there."
Posted by: Kevin Allocca...
Filed under: Rick Sanchez,
AIG,
Lehman Brothers,
Merrill Lynch,
Bank of America,
CNN,
Sanchez CNN,
Twitter,
CNN,
Sanchez Twitter CNN,
Sanchez Twitter,
Economic Crisis,
World Economic Crisis,
Worst Economic Crisis,
Recent economic crisis coverage,
Sanchez Economy,
U.S. economy failing,
Economy worst than ever,
Federal Reserve,
Bank Buyouts,
Bank collapse,
AIG bailout,
Federal Reserve Bailout,
Federal Bailout coverage,
Bankrupt Banks,
Bankrupt Banks Economy,
Bankrupt Banks Federal Reserve
September 22, 2008 - According to Politico, one of the main sticking points in the bailout bill is the issue of limits on executive compensation -- maybe because this is one of the few parts of the bill anybody can understand. The Democrats think the executives shouldn't be rewarded for screwing up, to which...
Filed under: Henry Paulson,
Treasury Secretary,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO Pay,
CEO Salaries,
CEO Salary Cap,
Congress CEO Salaries Wall Street,
House Financial Services Committee,
Congress FInancial Services,
Congress imposes salary limit,
Congress Debate Government Bailout,
Government Bailout,
AIG,
Lehmen Brothers,
Morgan Stanley,
Merrill Lynch