I cannot get a definitive date on this comic, but it’s circulating around the internet like wildfire. Â Most people agree it’s at least a few years old.
The Calvin and Hobbes comic strip is written and illustrated by Bill Watterson.
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I cannot get a definitive date on this comic, but it’s circulating around the internet like wildfire. Â Most people agree it’s at least a few years old.
The Calvin and Hobbes comic strip is written and illustrated by Bill Watterson.
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We think this speaks for itself. Â Everyone knows the government, corporations, everyone manipulates numbers to make them seem better. Â It’s scary when you look at the truth behind some of these numbers. Â A very interesting image by mint, originally seen on Unemployment Rate: A Visual Guide to the Financial Crisis.
John Paulson profited more than anyone else (that we know of) during the depression/recession/crash of 2008.  He is a hedge fund manager. Â
Before we were talking about $7 billion in bailout funds, he had already cashed in a $3.7 billion payday in 2007. Â
In an article on Portfolio.com, The Man Who Made Too Much, we can [...]
Semyon Dukach has posted on his site, Semyon.com a comparison of the modern financial industry instruments to generate revenue with the strategies used in blackjack in The real cause of the financial crisis. Â Specifically he focuses on the Martingale system, which is, fundamentally, a method that masks risk and makes betting seem logical.
Semyon Dukach is [...]
CNBC has been keeping track of the total dollars spent so far on the Financial Crisis that we are seeing.
That total is, $4.28 trillion. Â
The post, Financial Crisis Tab Already In The Trillions, says “… that number is more than what was spent on WW II, if adjusted for inflation, based on computations from a variety [...]
Hong Kong regulators, Tuesday, announced they would provide government backing for $773 billion in bank deposits in its territory’s through 2010
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Breakdown:
Hong Kong Monetary Authority provide capital to the territory’s 23 locally incorporated banks
Hong Kong banks average capital as a share of assets is 14 percent above the international minimum of 8 percent
Hong Kong currently [...]
It’s a wiki that links to reference material about the financial crisis. Â Great resources.
Wired.com’s wiki, Understand the Financial Crisis — has references from blogs, articles and a video of Warren Buffet. Â Warren Buffet has been a very public figure over the past few weeks, both to the general public, and in helping the government figure [...]