Business | LameList.com

Sad Guys on Trading Floors

8 October 2008

Sad Guys on Trading Floors collects some of the endless photos of, well, sad guys on trading floors, and adds humorous captions. Sometimes hilarous captions.

I finally get this ad campaign. The “Whoo hoo!” is the sound of WaMu executives setting up and anticipating their massive pay days. Couple of now ironic lines in the press release announcing this goofy ad campaign last February: “More Integrated Marketing Campaign a Shift from Focusing on ‘Who We’re Not’ to [...]

Peak Oil

30 September 2008

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Funny if you know what peak oil is. Lame if you have no idea what peak oil is.

China’s Lame Food NOT Food

28 September 2008

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The Epicurean Dealmaker, one of my favorite blogs, had this wonderfully written little gem about China in a post about more important matters: By the way, who among you feels comfortable entrusting the long-term future of an important global counterparty to sovereign investors who hail from a culture where it passes as business as usual [...]

Many Millions of Dollars for 3 Weeks Work

26 September 2008

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Apparently, the CEO of WaMu, Alan Fishman, was on a plane from NY to Seattle when the company was seized. He got on the plane a CEO and got off the plane unemployed. But shed no tears, he gets to keep his multi-million $$$ bonus for joining WaMu 3 months weeks ago plus he gets a multi-million $$$ golden parachute. [...]

WaMu, Biggest Bank Failure in American History

25 September 2008

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Washington Mutual seized. By far the biggest bank failure in American history. My first click after finding out was to insidewamu.com, a blog written by a WaMu insider. I was chagrined to see that the author had chickened out of writing the blog and had not only stopped writing last July, but had also removed all [...]

Financial Market Turmoil: Is This The Kaboom?

22 September 2008

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The state of the finance world reminds me of Marvin the Martian, the manic Looney Tunes character that ran around with his ray gun. I can hear him asking his famous lines: “Where’s the kaboom? There was supposed to be an earth-shattering kaboom!” and “This makes me so angry, very angry indeed.” Alas, it [...]

Lame: SEC Is Set to Issue Temporary Ban Against Short Selling

18 September 2008

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According to the Wall St. Journal, the ban will be on ANY shorting of stocks, not naked shorting. Crazy. Lame. Dog lame. When financial companies were using shorts to drive high tech companies out of business, it was the “free market at work. ” Now that the financial companies are being hurt by shorts, [...]

Can We Call a “Flagrant Foul” on CEOs?

17 September 2008

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Call a Flagrant Foul and a Technical on the WaMu Board of Directors, too. The end is nigh for Washington Mutual Bank: (Reuters) – U.S. federal regulators recently called a number of banks asking if they would consider buying Washington Mutual Inc should it eventually falter, the New York Post said, citing sources. Yet WaMu [...]

Big Price Increase for Daily Newspapers

26 August 2008

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On the heels of my “what’s wrong with newspapers” post, starting September 1st, both the Seattle Times and the Seattle P-I will raise their price to 75 cents from 50 cents for the daily (non-Sunday) paper.

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Archive | business RSS feed for this category

Sad Guys on Trading Floors

Feelin’ the WaMu Whoo Hoo

Peak Oil

China’s Lame Food NOT Food

Many Millions of Dollars for 3 Weeks Work

WaMu, Biggest Bank Failure in American History

Financial Market Turmoil: Is This The Kaboom?

Lame: SEC Is Set to Issue Temporary Ban Against Short Selling

Can We Call a “Flagrant Foul” on CEOs?

Big Price Increase for Daily Newspapers

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