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.