• 10 Dec 2008 at 5:48 PM

Write-Offs: 12.10.08

$$$ (Detroit’s) Back in (the) Black (or not…) [1-2]
$$$ Thain’s Bonus Battle Stays Alive on CNBC [Dealbook]
$$$ Shirt To Wear For Your Upcoming Job Interviews [WSF]
$$$ Trump To The Rescue [Cityfile]

Comments (15)

  1. Posted by guest | December 10, 2008 at 6:49 PM

    Fürst MoneyGrip der Grosse~

  2. Posted by guest | December 10, 2008 at 7:08 PM

    I cannot handle listening to the House Debate on the auto bailout. I don’t know if too much austrian school free-market ideas have infected me, or I just feel like these elected representatives are the biggest fucking dumbasses we could possibly have making decisions that will affect our children.
    I’m a 13th generation American, but this is just getting silly.

  3. Posted by Anal_yst | December 10, 2008 at 7:22 PM

    @2
    The problem (without getting too deep into it) is that once elected, the primary goal shifts from doing good by your constiuents and the Country, to doing whatever it takes to keep yourself in power, goals which are often in direct conflict with each other.

  4. Posted by guest | December 10, 2008 at 7:39 PM

    @ Anal_yst, 2 here…
    I absolutely agree, and that makes these politicians try to avoid pain at any and all costs, when perhaps right now, we need to take the pain.
    How long can we prolong the inevitable? How long can the stock market go up while t-bill yields are essentially zero, while treasury CDS’s are higher than Campbells soup CDS’s?
    Now Pelosi is jabbering. It is one doofus after another.

  5. Posted by Anal_yst | December 10, 2008 at 7:52 PM

    @ 2/4
    One of the primary culprits of our current dilemma is that we’ve sacraficed long-term stability/sustainability for short-term “benefit”. As you’ve pointed out, eventually you’ve got to pay the piper, and the longer you delay it, the worse its likely going to be.
    Also, in the vein of your rhetorical inquries, how much longer are we going to perpetuate the feedback loop that is the CDS market? Seriously folk’s, sh!t is ridiculous.

  6. Posted by guest | December 10, 2008 at 8:14 PM

    Bravo Phil LeBeau… “Michelle that is ridiculous!” in response to her exaggerated claims on auto production.
    MC-C is annoying and Phil was right to slap her down.

  7. Posted by guest | December 10, 2008 at 9:11 PM

    5 the current dilemma is the result of a pump and dump scheme to solve the economic woes caused by 9/11. I cant think of any post 9/11 prosperity that is not linked in some way to housing, which it turns out was a total fraud. Maybe we should have let things run their course.

  8. Posted by EyTinePoopies | December 10, 2008 at 9:26 PM

    They’re Nuts! They’re all Nuts! They Know Nothing!

  9. Posted by guest | December 10, 2008 at 10:58 PM

    Who has a bigger mouth? Phil LeBeau, or Missy Francis?

  10. Posted by guest | December 11, 2008 at 12:00 AM

    @9 – Weird fantasy. Freak.

  11. Posted by guest | December 11, 2008 at 1:33 AM

    Troppo a lungo; non leggere.

  12. Posted by guest | December 11, 2008 at 7:47 AM

    2-5:
    take that “intelligent commentary” shit right on out of here! dont you know this board is for nothing but slander, fart, poop, pee, sex and layoff jokes?

  13. Posted by guest | December 11, 2008 at 7:49 AM

    @7 – dont forget anything security or defense related. And energy. Actually, that statement was just pretty much wrong.

  14. Posted by guest | December 11, 2008 at 8:10 AM

    “If you do reporting, you would know that the guy that did that deal was Fleming,” Mr. Gasparino said to Mr. Kneale.”
    -Douche
    “Mr. Fleming was one of the senior executives who requested along with Mr. Thain that he not be paid a bonus for 2008.”
    –Um…’along with Mr. Thain?’

  15. Posted by NAS Keflavik boi | December 11, 2008 at 10:33 AM

    numero undici – ha sbagliato.
    “non ho letto”

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