Just finished The Lords of Easy Money (Leonard). Took 2 days. It should be required reading in all business/MBA programmes. I did my MBA in 1990 and we read Liar’s Poker. Back then the Fed wasn’t even on the curriculum. Financial Engineers should read it too so they understand in the way Brad Pitt’s character understood in The Big Short.
The EY news is shades of Arthur Andersen. They are even looking at spinning off their consulting business just like AA did. All our institutions are corrupt.
Thanks Rudy, always entertaining. (I’m also a twitter refugee). Also, the more you know, the worse it gets. Some days I feel like the character from clockwork orAnge movie: https://www.pinterest.com/pin/375065475188709147/
My personal savings rate is only low because I've been busy spending my money on Russian hookers, but sometimes my dad (who's dead, btw) has to wire some extra $$ to me to help cover the costs. Too bad those pesky bank rules make that a problem. I'm sure they take personal checks.
Has the Fed included the "Russian hooker" utilization rate in their analysis?
Just finished The Lords of Easy Money (Leonard). Took 2 days. It should be required reading in all business/MBA programmes. I did my MBA in 1990 and we read Liar’s Poker. Back then the Fed wasn’t even on the curriculum. Financial Engineers should read it too so they understand in the way Brad Pitt’s character understood in The Big Short.
A+ on the caption for the G7! 😂
What a good chart, man.
Brilliant! I laughed and cried...or maybe cried then laughed? Either way a Tour de Force. Chapeau!!!
Thanks for the chuckle Rudy.
The EY news is shades of Arthur Andersen. They are even looking at spinning off their consulting business just like AA did. All our institutions are corrupt.
That’s why I say Hey Man nice post. You do have the best taste in music on the internet
One of your best. I lost 15 lbs just by reading.
You are now imagining the lovechild of Janet Yellen and Alexander Boris de Pfeffel Johnson.
Thanks Rudy, always entertaining. (I’m also a twitter refugee). Also, the more you know, the worse it gets. Some days I feel like the character from clockwork orAnge movie: https://www.pinterest.com/pin/375065475188709147/
Holy **** that chart was hilarious. Now I have to go back and read the rest of this stack.
🤣😂🤣😂
My personal savings rate is only low because I've been busy spending my money on Russian hookers, but sometimes my dad (who's dead, btw) has to wire some extra $$ to me to help cover the costs. Too bad those pesky bank rules make that a problem. I'm sure they take personal checks.
Has the Fed included the "Russian hooker" utilization rate in their analysis?
Happy to see Lady de Rothschild and Larry Fink in one picture. What if they kissed? 👉👈
You've sunk my Battleship!!
I hope they've hired DEI officers to make sure the retreats equitably distribute the services.