Archive for the ‘investment bank’ Category

No Taxation Without Representation… Remember the Alamo!

September 26, 2008

I was reminded about the Taxation quote when someone called Savage’s show Tuesday.   And Remember the Alamo… means we had to deal with SantaAna and the Mexicans before…  Hmmm

And the bailout open check to Secretary of the Treasury Henry Paulson..without oversight… is back to

Taxation without Representation…  There was Tea last time…..

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9 15 Lehman Brothers

September 17, 2008

Lehman Brothers allowed to fail into bankruptcy but Bear Stearns was bailed out… AIG , Freedie Mac and Fannie Mae were bailed out…

Ummm when do we hear about how there will be congressional hearings to see who made money on these situations?  Yep, there needs to be some hearings…

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Charlie Rose 9 15 Lehman Brothers

September 17, 2008

Black Monday or 9/15.  Lehman Brothers… one of the five big investment banks was allowed to go into Chapter 11 bankruptcy when just recently Bear Stearns was bailed out as were Fannie Mae and Freddie Mac… Hmmm

The ad for careers at Lehman Brothers is still up…  odd

http://www.lehman.com/careers/workatlehman/index.htm

At any rate, the Charlie Rose show led off with Lawrence Summers, former FED secretary and now a professor at Harvard.  He looked kinda like a recent William Shatner and sounded kinda like Bill Gates.  I was bored to tears and was glad this dude wasnt currently in charge of anything.  Charlie looked equally bored.

Charlie also had on the worst blue pin striped suit ever.

The second half was finally the good interviews on what happened.  Nouriel Roubini was very sharp albiet “right to the point” about how bad things are and that it’s about more bad investments that just home mortgages.

http://www.charlierose.com/guests/lawrence-summers

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