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Monthly Archives: November 2008
Man Killed by Crowd Full of Holiday Cheer
Yesterday was Thanksgiving. I had a wonderful time with my girlfriend Auby, our roommate Julie, my ex-girlfriend Erin, and Erin’s family and friends (which included two other ex-boyfriends of hers). It might seem a motley crew, but we all enjoyed … Continue reading
Posted in Investing and Financial Doomsday
Tagged Black Friday, Thanksgiving, Wal-Mart, World of Warcraft
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Genworth Financial Wants in Under the TARP
It’s a hard time to be in the financial business. Particularly, if you’re not classified as “too big to fail.” Pity poor Genworth Financial. They insured a lot of Mortgage Backed Securities (MBS) and have been taking on a lot of losses … Continue reading
The Next Move in the End Game: Obama Bonds
Barack Obama is going to face some tough choices next year. The US government has been running the largest deficits ever in the past couple of months; the official number was $237.2 Billion in the month of October alone and … Continue reading
Conversations with Ben Peal
For those of you who don’t know me in my personal life, I have some pretty geeky interests. One of them is collectible card games (CCGs); specifically I enjoy the White Wolf card game Vampire: the Eternal Struggle. Unlike other … Continue reading
Liquidation Returns to the Stock Market
“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate … It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values … Continue reading
Printing Presses: Maximum Warp!
The auto industry was really pressing for a bailout today. They’ve tried everything from appealing directly to Congress, to posting videos on YouTube. I’m tempted to say, “give it to ‘em.” After a $750 billion bailout of Wall Street, plus … Continue reading