funny

Three failed banks this weekend. The big one is Corus: assets of $7 billion. FDIC: Failed Bank Information - Bank Closing Information for Venture Bank, Lacey, WA "As of July 28, 2009, Venture Bank had total assets of $970 million…

Below is a little clip allegedly from the Chinese newspaper Southern Metropolis Daily of some precious little schoolchildren. In the clip, a number of them tell us what they want to be when they grow up (I think I wanted to be a baseball…

This comes from the blog News from 1930: An out-of-work broker asked a friend who owned a circus for work. His friend said the circus gorilla had recently died, and if the broker wanted to get into the gorilla's skin, swing around,…

Faber Says ‘High’ U.S. Deficit Will Spur Inflation - Bloomberg.com He is making the asset price inflation argument I have often made. On the other hand, I am seeing some initial signs that liquidity is being drained. So, it remains to…

Below are the links for today, but I wanted to highlight the distraction of the day, which is Curtis Jackson III aka 50 Cent, who was interviewed on CNBC yesterday. Enjoy. This Keen professor overlooked by MSM Steve keen deserves…

There Is Another Shoe To Drop In The Global Economic and Financial Crisis - And The Focus Will Be On Europe’s Perifery | Edward Hugh A number of countries in Eastern Europe immediately come to mind - not only the Baltics, but also Russia,…

iPhone makes worldwide loss, says report While Orange and T-Mobile compete with O2 to sell the iPhone in Britain, a report by Denmark's Strand Consult reveals how it makes a loss for providers and struggles against other phones…

Troubles For 'Prime' Borrowers Intensify - WSJ.com The mortgage-delinquency rate among so-called subprime borrowers reached 25% in the first quarter but appears to be leveling off, rising only slightly in the second quarter. The pace of…

More weekend market laughs for the financially-inclined.  Hat tip Blicklog.

If you’re looking for a good laugh over the weekend, you might try Dow 36,000 by James Glassman, just hired as custodian of the George W. Bush legacy (hat tip Scott). It’s about the new strategy for profiting from the huge rise in the stock…