Archive for the ‘CDOs’ Category

The Beast Must Die

“Sir, we’ll need a new Dangerous Emissions Supervisor.” – Mr. Smithers “Yes, well find someone cheap.  It’s been a very lean year for us.” – C.M. Burns “Money fight!” – C.M. Burns & Mr. Smithers Between the kabuki of Sonia Sotomayor’s confirmation hearings and the banging of the drums on health care reform the lords [...]

Waiting for Sheriff Bart

“Hello Mr. Halper, I’m calling from MoneyBank credit services department.  I was wondering if you had a chance to read the threatening letter we sent you?” – MoneyBank Services Representative “Dahh . . .” – Bart Simpson “Because you sound like a mature responsible person who wouldn’t want an unpaid credit card bill to spoil [...]

Two Simple Things

“I only have two questions, ‘How much?’, and ‘Give it to me’.” – Homer Simpson The sight of Republicans and Democrats rapidly agreeing with each other is always cause for anxiety, especially when it happens less than two months away from a leap year election.  This is the most partisan time on the political calendar, [...]

It’s a Mystery

“Don’t ask me how the economy works.” – Homer Simpson I have a long standing theory that no one really understands how the economy works, not the government grandees in New York and Washington D.C., not the well dressed predators of lower Manhattan, not the economics professors, not the citizen day-traders, not even the money [...]

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