Time magazine has come up with a little nifty online poll in which you can vote for the person most responsible for the economic melt down.
Current results as of this writing:
Phil Gramm
Christopher Cox
Angelo Mozilo
Joe Cassono
Franklin Raines
You might be asking yourself, like me, who are these guys? (**Answers at the bottom.) Where’s Bernie Madoff? [...]
Tags: Angelo Mozilo·Bernie Madoff·Christopher Cox·Economic Meltdown·financial crisis·Phil Gramm·US Economics·Washington
I opened my email today and had one with that titillating subject line, amongst a sea of titles such as “How Bad Will it Get” (from the Motley Fool); “CEO’s Message Regarding Recent Market Events” (from miscellaneous financial accounts I hold) and of course the weekly “Your Personal Rental Reminder” from Blockbuster. I didn’t have [...]
Tags: Economic Crisis·economic news·economy·financial crisis·housing crisis
Remember those tounge-twisters we loved as kids? Say this a few times quickly: “buku billion bucks buys bad bank books in bailout billiards”. Or perhaps a more appropriate gaming analogy is the Treasury Department going “all-in” in a $700 billion Texas Hold ‘Em poker bet. All kidding aside, either way, it’s a scary proposition for [...]
Tags: $700 billion bill·bailout·bailout bill·Credit Crunch·financial crisis·government bailout·housing crisis·wall street bailout
