Archive for January, 2008
End of the Road for Rudy
Rudy Guiliani dropped out of the 2008 presidential campaign
after placing third in the Florida primary this week.
His grand plan to make the Sunshine State a platform
from which he would soar to the Republican nomination
now lies in ashes at his feet.
His now former campaign can be compared to the movie
“Being There”, which starred Peter Sellers in [...]
Computer Genius on Financial Rampage- by Greg Strid
It appears as if a 31-year-old rogue computer genius
named Jerome Kerveil is responsible for the staggering
$7.14 billion loss suffered by France’s once venerable
banking behemoth Societe Generale. Sheepish company
officials publicly disclosed the loss just this week to the
horror and dismay of shareholders and politicians.
Mr. Kerveil is thought to have circumvented the stately
bank’s less than impressive security [...]
Cartoon Caption Contest: Finalists + Voting Instructions
Remember folks, a $25.00 prize goes to the winner!
Big-Ass Cash Prize Offered for Caption Contest
Submit a caption for the cartoon posted below. The deadline for submissions has been extended to Tuesday, January 22, 2008. The five most lively captions will be selected by Wednesday afternoon. An email voting form will be sent out to my mailing list, and a winner will be announced Friday, January 25, 2008.
Cartoon Caption Contest- Drawing by Greg Strid
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Provide a snappy, witty caption for this cartoon by filling out a comment below. There is no need to log on. Please leave a valid email address and do not include profanity in your caption. (Submission deadline is Tuesday, January 22, 2008. A winner will be selected by popular vote on Friday, January 25, 2008.) [...]
Big Bank Set To Buy Big Pile of Trouble- by Greg Strid
Bank of America is inching closer to purchasing Countrywide
Financial, the poster child for all that went wrong with
subprime mortgage lending over the past several years.
Granted, no cash will change hands; Bank of America will
pay $4 billion in stock. This is on top of $2 billion in preferred
stock that Bank of America invested in Countrywide last [...]
Beware the Naked Emperor- by Greg Strid
The worst possible employment numbers were revealed
before the stock market’s opening bell this morning. The
U.S. economy managed to create a paltry 18,000 new
jobs in the last month of 2007. The unemployment rate
jumped from 4.7 to 5 percent, although average hourly
wages expanded by 0.4 percent- which is a good deal
more than was expected, and raises fears [...]
