Great find by Talking Points Memo. The charmer in the Che Guevara T-shirt is none other than Gerry Pasciucco, head of AIG Financial Products.Read more "the revolutionary who runs aig"
Shark attacks drop; expert cites ailing economy (via Andrew Sullivan)Read more "headline du jour"
U.S. News and World Reports lists 15 major brands that might not survive 2009. Brace yourself. Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans’ appetite – and that’s saying something. This chain overexpanded during the donut heyday of the 1990s – taking on a […]Read more "say it ain’t dough(nut)"
Obama said the stimulus bill will create or save 4 million jobs. Perhaps he misspoke, but the distinction = 4 million jobs. The bill may lack earmarks, as Obama repeatedly boasted, but that doesn’t mean it’s pork-free. There are no “earmarks,” as they are usually defined, inserted by lawmakers in the bill. Still, some of the projects […]Read more "following up"
This should brighten your day: ASIA MARKETS TUMBLE… Nikkei sinks 11.4 pct — worst loss since ’87 crash… Seoul shares drop 9.4 pct — biggest loss in 7 yrs… Pretty soon we’ll all be blue collar slobs.Read more "the valley deepens"