Sunday, March 27, 2011
Wisdom From Fry's
Overheard a guy at Fry's asking for a Geirger counter. Clerk said they didn't stock them and asked, "Wouldn't it just be better to live in ignorance and party a lot?"
Tuesday, March 08, 2011
If BofA Is Happy, Then I'm Happy
Bank of America announced today it is arbitrarily taking off its books about $1trillion in bad mortgages and segregating them into what the financial mavens call a "bad bank."
Former Federal Reserve examiner Paul Miller told Bloomberg, "It's a way to talk about good things and ignore the bad."
The announcement was made in a conference call with -- wait for it -- investors.
Former Federal Reserve examiner Paul Miller told Bloomberg, "It's a way to talk about good things and ignore the bad."
The announcement was made in a conference call with -- wait for it -- investors.
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