it’s science

  • 27 Oct 2010 at 3:39 PM

The Best Lines From The White House’s Rebuttal To The SIGTARP Report

By Bess Levin

Earlier this week, Troubled Asset Relief Program’s inspector general Neil Barofsky issued a report noting that the Treasury’s estimate that it will lose $5 billion on its AIG TARP investment “represents a dramatic shift from the $45 billion loss that Treasury had projected in its AIG investment just six months earlier.” Barofsky went on to say that “while AIG’s fortune may have indeed improved during the course of those six months, there is a serious question over how much of this decrease comes from a change in Treasury’s methodology for calculating the loss as opposed to AIG’s improved prospects.” Some people did not like that. This morning, the White House took it its blog to respond. These are its best moments, starting with the first line:

* Some people just don’t like movies with happy endings.

* How else to explain this week’s report by the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP)? Continue reading »

  • 26 Jul 2010 at 3:10 PM

Why Your Manager Is Putting Investor Capital At Serious Risk With A Sub-Par Pantry

By Bess Levin

We all know of and, in some cases, have personally experienced, the dangers of the drunk trader, the strung-out trader, and the trader whose estrogen levels are running perilously low. But there is a vastly more dangerous condition under which billions could be lost, though for some reason it apparently merits little attention in the press. Continue reading »

  • 03 Jun 2010 at 10:35 AM

Is Erin Burnett Going To Go Veronica Corningstone On Mark Haines’ Ass?

By Bess Levin


[via BI]
I only ask because she herself suggested there might be some bringing of pain in the break room later, following a debate they had on last night’s blown call. Erin thought it was no big deal and doesn’t get what people are getting so bent out of shape about. Mark felt a tad differently, and told EB her attitude about the whole thing is the reason “women shouldn’t be in charge of sports.” Erin did not seem to appreciate this! As is our wont, we’ve obtain some footage of the two settling this off-camera (watch for Matt Nesto in the background). Continue reading »