Liability At Last: Rating Agencies Are On Strike!
After years of positive statement, the sudden derating of many subprimes in 2008 was the sparkle that ignite the whole credit industry and the global economy ultimately. The credit boom was then supposed to be there for 1000 years if never-ending. Credit rating agencies killed the game and federal Mummy had to clean the mess. Floating Timbers Follow the Stream (Bunch of Investors Guided By...
The Pundit Delusion →
Street lights to repel immoral purposes
To the Mayor and Aldermen of the Municipal Council Sydney The humble petition of the residents of Woolloomooloo Bay Sheweth That your petitions are desirious [sic] that two lamps may be erected in Sir John Young Crescent owing to its being dark and lonely at night and that many immoral characters are in the habit of frequenting this street for immoral purposes much to the annoyance of persons...
Redo That Voodoo →
The Feckless Fed →
Pity the Poor C.E.O.’s →