No one knows what's going to happen on Monday morning but a lot (A LOT) of brokers are going to get ulcers worrying about it this weekend. If you're walking down Wall street just remember to look up if things are go badly. Nobody wants to be killed by falling overweight trader in Bruno Magli's.
I have family members who work in the finance in Hong Kong, Paris and New York and none of them are sleeping well tonight.
Imagine a whole office doing this:
As a tip for next time: Maybe it's not a good idea to rate loans without enough collateral given to unreliable borrowers as AAA or AA. Just an idea. It's not like these defaults came out of nowhere. I saw a loan on American TV with an ungodly interest rate and NO CREDIT CHECK! That's insanity. This lesson had to be learned, hopefully it won't be too costly.
And as a mild pick me up:
What makes this video really cool is the setting and the huge cast. What makes it disturbing in the bald middle-aged guy playing the teenage girl role.
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As an add on. The chicken/egg thing was an argument hashed out over some Budweisers... and my opponent still thinks my argument is circular. I stand by it. And by the fact that I can type drunk.
Friday, August 10, 2007
Monday morning will be a doozy...
Thursday, August 09, 2007
The drunk dial. With a keyboard.
Q: What came first - the chicken or the egg?
A: The egg.
Rationale:
1. The first egg did not contain a chicken.
2. The first chicken was hatched from an egg.
There. I just had to get that off my chest. Now if you'll excuse me, i have a big meeting with a hang-over in 8 hours or so.
Dizzee Rascal - Sirens (I just like the horse)
Thursday, July 26, 2007
No End in Sight
Why is it so bad in Baghdad?
Don't like to read incredibly depressing, long winded books?
Someone made a movie.
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Posted by BeirutWhat! at 7:05 p.m.
Labels: bush, Iraq, no end in sight, occupation, rumsfeld
Wednesday, July 11, 2007
Swift Boats anyone?
Running for president in the US is a full contact sport. John Kerry found out the hard way. Now it looks like it's Rudy's turn.
Posted by BeirutWhat! at 5:08 p.m.
Labels: attack ad, firefighters, presidential race, rudy giuliani
Saturday, July 07, 2007
Iraqi Refugees
I found this on the the excellent Healing Iraq blog. A story about the Iraqi refugees in Jordan and the circumstances that led them to leave.
Originally aired on Dateline on SBS Australia.
Sometimes I fell like Iraq is an immense reservoir of suffering that is always being filled with new tears. What a heart-breaking place.
Part 1
Part 2
Part 3