To cheer me up, or to share the misery... - The Lyorn's Den — LiveJournal
Wed Oct. 1st, 2008
04:45 pm - To cheer me up, or to share the misery...
... links on the banking crisis. Beware the snark.
folk on why the banking bailout got fried, going back 80 years and using really "talking names" for everyone involved.
bellatrys with an allegory on "Give us lots of money NOW"-scams, and falling-in roofs.
RDF on EuroTrib explains the fine differences between investing and gambling, using horse racing as an analogy. pecunium expands upon this here.
ETA: Moar linkage: The Kibble Bubble, or, Explaining the banking crisis to a dog. (Short conclusion: The cat did it.)
Son of ETA: One guy who has made a fortune on betting things would go to hell is taking his loot and goes home. And (kind of) suggests that we all should get stoned.