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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...

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... 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.



[User Picture]
Date:October 3rd, 2008 10:11 am (UTC)
in the few last weeks was the first time ever that a match in the english football league was done with both of the teams shirts devoid of any sponsors ... guess what their sponsors were
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[User Picture]
Date:October 12th, 2008 03:31 pm (UTC)
Yes, I read a line about that in the newspaper yesterday. Some icelandic bank, IIRC. The way I read it, the Icelanders acted all super-modern and promised everyone loads of cash on the Ponzi scheme, and the British fell for it, and now the British are threatening to freeze Icelandish money under some terrorism act.

Truly, this century's scripts were co-written by Dick and Orwell, and edited by Kafka. (Or maybe by Groucho Marx).
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