• 11 Jun 2012 at 5:55 PM

If You Love China So Much Why Don’t You Marry It?

…is a thing people, knowing his position on the country, have probably asked Jim Rogers before.  And don’t think he hasn’t thought of it! Unfortunately, the investor is spoken for. Having said that, Rogers is thrilled at the prospect of his daughters’, ages 4 and 9 years-old, marrying one of China’s native sons and is currently accepting applications from potential suitors. Read more »

Remember, back in June, when Tim Geithner said he was considering retiring from his post at the Treasury after the debt deal passed, telling friends that he was tired, needed a break and wanted to put family first (his wife and son live in Westchester, where the latter is finishing high school)? And the White House was all, “good one, buddy!” and “joked” about forcing him to wear an ankle monitoring bracelet before making clear in no uncertain terms that TG wasn’t going anywhere? Apparently Tim doesn’t.  Which would explain the laughable statement he made earlier today, vis-à-vis being allowed to go home any time soon: Read more »

As you may have heard, the Federal Reserve is now releasing transcripts of its FOMC meetings, in an effort to be open and honest with the public about what it is they do all day. Out this morning are the minutes from 2006’s get-togethers and one thing that stands out is how much fun these guys are having without us! In fact, they spent most of 2006 in stitches, as evidenced by the amount of material The Economist was able to compile under “comments from the Federal Open Market Committee meetings which resulted in laughter.” They’ve got their beard jokes (Mr. Poole: “Okay. Mr. Chairman, it is a great delight to see a 200 percent increase in the number of beards around this table. [Laughter]”), their penis innuendos (Chairman Bernanke: “Still pretty large. [Laughter]”), and their deep nerd humor (“Again, within the normal errors of Okun’s law—despite its name “law,” it’s a pretty loose empirical relationship [laughter]”). But the biggest laugh riot which still holds up today and unquestionably has Alan Greenspan pissing his pants in laughter as he reads it at home? Read more »

It’s been noted that the government’s key edge in winning the Raj Rajaratnam case may be the use of wiretaps, with the prosecution saying in its opening statement yesterday that jurors would hear taped conversations (phone calls and otherwise) that will prove the Galleon founder guilty of insider trading. Earlier this afternoon, the first tapes, which captured a phone call between Rajaratnam, who was on his cell phone and Anil Kumar, the McKinsey consultant who chose to cooperate with the government, plus a call between Raj and a former Galleon employee (and cooperating witness) named Adam Smith. In addition to hearing Kumar say “they’ve shaken hands” and telling Mr. Rajaratnam “you can go ahead and buy” we also finally get an answer to the two burning questions on so many people’s minds- 1) What does Raj Rajaratnam’s laugh sound like?

a) a low guttural laugh

b) a chuckle

c) reminiscent of Cousin Balki

d) what you imagine the moans elicited from a dying cat would be like

e) a high-pitched giggle

f) punctuated by snorting

g) so hard he starts wheezing

h) like this

i) other

and 2) is he a fan of scatological humor? yes/no/maybe. Read more »