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No photo, no story.
KILL the BILL v. 2 http://tinyurl.com/4uccq5
A sign of the times http://tinyurl.com/4mdx2w
Time to take one for the team, Bess?
The new surprise writer is going to be Bess' boss? What's the over/under on how long before she kills and eats him? Anyone know what Ben and Hank told the Senators that made them wet themselves in fear? *Serious shit.* Dodd and others keep dropping little tidbits, but that's the same kind of shit that Tim Russert used to say about his *seriously scary* private briefings with Cheney and W about Saddam and look where it got him.
Tonton Macoutes. LOL Is John Carney Baby Doc? Bess you are too funny. I think capitalism died this week. Not sure yet about the constitution. So let's pour some cheap whiskey and listen to some jazz oldies, because we're sliding into the night http://jessescrossroadscafe.blogspot.com/
Dick Bové = Dick Flambé? With a side of flaming hog balls.
The Korean deal for Lehman was never real. It was an ex-employee helping out an old pal, and maybe trying to get lucky to further some monumental personal ambition. The government of Korean nixed the deal after they looked at the books, and set the condition that KDB *might* pursue if they could cut their exposure and gain a consensus through a consortium of banks. The 'bad bank' is obviously the key, and its probably not going to get done without a bigger hair cut on the exposure (if possible) or some left-handed government support. Skip the Fed's balance sheet, look to the FHLB or special faciliites. Who can say? Letting it fail has a lot of upside politically IF they can contain the aftermath and disposition of assets. Keep in mind all the assets come back to the US from overseas, leaving foreign governments holding the bag for non-client positions and collateral damage.
KDB and the Artifice of the Deal, Part 2 http://jessescrossroadscafe.blogspot.com/2008/09/kdb-and-artifice-of-deal-part-2.html
Perhaps Citi needs the coin to pay the fine for the charges of widespread theft of customer funds? http://jessescrossroadscafe.blogspot.com/2008/08/citigroup-settles-charges-of-theft-of.html
Who is the fashionista, Bess? lol
Hold out for 100's Bess. You're worth it.
Seeing that naked short selling is 'illegal' its odd that the SEC bans it for 19 financial stocks, while it does little or nothing in legitimate cases of outrageously obvious naked short selling. Our cynicism knows no bounds.
Speaking of how corporate interests know how it pays to play games, most US Companies Pay No Income Tax. http://tiny.cc/0aXZu
Excellent observations. The deal is very odd to say the least and I'm surprised more have not noted it. http://tiny.cc/a1W7J
Perhaps a little more discussion about the US role in this would be appropriate. Cheney is involved directly and he rarely is unless it is consistent with his overall agenda. This discussion barely scratches the surface. Its an old disagreement. Georgia just threw a roundhouse punch using the opening of the Olympics as cover. Its inconceivable that Georgia undertook this action without informing the US, which is supplying military advisors and logistical support. Really misses the whole point. Who cares who started it. The real question is why, and what is the endgame? A little personal enrichment on the way out, or something a little more profound?
Mixed feelings. Didn't see the original but I can't believe the Bessmeister had to rewrite it. We luv Bess. No need to swap jobs with #2. We're all for ya.
What may not be immediately obvious is that the Fed, which was at least putatively a member of the State Casino Commission, admittedly with connections to bankrolling key participants, is now sitting down at the table and playing.
I loved the article. Looked the show sucked why beat it to death. but the commentary. ah!