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Know the Difference! (Department of Creepy Bald Guys and Your Money)

October 10, 2008
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Know the Difference! (Department of Creepy Bald Guys and Your Money)

Dr. Evil Occupation: Fictional Villain; CEO (emeritus), Omincon Compensation: unknown Interests: space, rockets, “lasers,” sea bass with head-mounted “lasers,” world domination, etc. Demand: “100 beeelion dollars” What He Will Do If You Don’t Obey: Blow up the Earth with his moon-based “laser.” Henry “Hank” Paulson Occupation: Treasury Secretary, Fictional Economic Savior Compensation: $46.7 million...
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All the Money in the World-and Then Some

September 18, 2008
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All the Money in the World-and Then Some

NPR’s Morning Edition this morning reported on the causes of insurance giant A.I.G.’s downfall, letting us know that credit default swaps were “a $70 trillion business.” Reporter Adam Davidson says the credit-default swaps business soured and forced A.I.G. into an effective U.S. government receivership, which was announced late Tuesday night. But consider: Does $70...
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