Monthly Archives: November 2009
124 banks have failed in FL. Is Bank of Florida #125?
Bank of Florida has postponed a $135m stock offering due to deteriorating market conditions. BoF was trying to tap the market to meet Fed capital requirements. Good luck BoF!
Filed under Florida, Stupid banks
What does it say about our society when corporations have more protections than consumers?
Crooks & Liars: Law Professor: Walking Away From Mortgages Is The Only Way to Get Banks to Negotiate White argues that far more of the estimated 15 million American homeowners who are underwater on their mortgages should stiff their lenders … Continue reading
Filed under Bankers, Corrupt pigs, Financial crisis, The Corporation
Because no ignorant, rich conservative woman should go unrewarded
We are truly lucky to have a multi-millionaire heriess tell us common folk about the pains of everyday life. Mock, Paper, Scissors on Meghan McCain announcing her new book and comparing her efforts to that of Hunter Thompson: …except that … Continue reading
Filed under Conservative politics, Dead Elephants, Teh Stupids
We can only wish that financial talent like these will flee
Atrios: Heckuva job. Dubai – Citi today announced that it has recently arranged more than $8 billion of financing for Dubai public sector entities. “This is in line with our commitment to the UAE market in general, and reflects our … Continue reading
Filed under Citibank, Dubai, Stupid bankers
Facts & Amth continue to conspire against GOP
Damn you, facts and math, with your liberal bias and all: Senate Minority Leader Mitch McConnell (R-Ky.) would have us believe that reform will mean “higher premiums.” MIT economist Jonathan Gruber published an important item over the Thanksgiving break, suggesting … Continue reading
Filed under Dead Elephants, Economists, Healthcare
Heaven forbid! Dubai debacle wounds bankers pride
‘Cause its real important to protect their ego: Many not only promoted Dubai as a free-wheeling, low-tax future financial hub, but also set up ambitious operations there. Those plans now look foolish, the publication says. Which awesome libertarian country can … Continue reading
Filed under Crooked bankers, Financial crisis
International regulatory body creates financial death panels
NYT: Thirty global financial institutions have been selected for cross-border supervision exercises by regulators, The Financial Times reported. Compiled under the guidance of the Financial Stability Board, an international body of regulators and central bankers, the list is part of … Continue reading
Kyl wants permanent base in Afghanistan and wants a tax cut for the rich to pay for it
He is, of course, concerned about the “cost” of healthcare reform and cap and trade legislation. Crooks & Liars: The second most powerful Republican in the Senate wants President Barack Obama to defer to the generals wishes in Afghanistan without … Continue reading
Filed under Buffoons, Conservative politics, War
Tony Blair is furious about the Iraq war truth damaging his "reputation"
Of course, he is quite content with the millions of refugees and hundreds of thousands killed. Toad: Mr Blair’s friends claimed last night that he has found some of the evidence given so far “distasteful”, and potentially damaging to his … Continue reading
Filed under Asshat, Crook, Tony Blair
Geniuses in America – now I understand Palin’s ascent!
OKCupid via Fimoculous: Here’s how the U.S. breaks out by state, in one of our color-coded maps. Green means more people than average in a state think they’re geniuses; red means fewer. That bastion of American scholarship, Mississippi, came in … Continue reading
