ATM Snake

This is a really good metaphor for banks these days.

Peggy Wang a year ago 2 responses

Wanking Bankers

An epic Irishman has a few thoughts about the financial crisis and Michael Flatley. The language is quite salty, so NSFW ahoy. Watch Video ›

Gavon Laessig 2 years ago 42 responses

Payback Time: For Denver Schools, a Financing Deal Takes a Bad Turn on nytimes.com ›

Denver’s budgetary woes were made worse by a complex transaction that went sour in the financial crisis.

NYTimes 2 years ago respond

Economists Who Did Their Homework (800 Years of It) on nytimes.com ›

Many economists build careers on only a few decades’ worth of data. Kenneth Rogoff and Carmen Reinhart researched eight centuries of financial crises for “This Time Is Different.”

NYTimes 2 years ago respond

Economic Scene: Betting That Cutting Spending Won’t Derail Recovery on nytimes.com ›

In cutting spending to rein in deficits, governments are betting that the private sector can make up for lost stimulus spending—and the markets are skeptical.

NYTimes 2 years ago respond

House and Senate in Deal on Financial Overhaul on nytimes.com ›

A 20-hour negotiation culminated Friday in agreements on the two most contentious portions of the bill: derivatives and the so-called Volcker Rule.

NYTimes 2 years ago respond

The Shitty Deal

Sure, there were no eggs thrown or smoke bombs detonated, but this is about as entertaining as C-SPAN ever gets. Watch Video ›

Conor H. 3 years ago 30 responses

Conservative Sources on “Financial Crisis”

Right-wing blogs and news sites are talking about about “financial crisis.” We’re tracking the latest headlines on this topic and update this page with links as they come in. Read More ›

Headline Analyser 4 years ago respond

Cough Up The Bucks

Neil Young’s latest music video addresses the financial crisis head-on. That is exactly how I read my WSJ everyday. Uncanny. Watch Video ›

Amanda Dobbins 4 years ago 2 responses

Jota Castro’s MORTGAGE

Artist Jota Castro perfectly captures the moment with an installation utilizing rolled dollar bills. And it has nothing to do with drugs. View Image ›

Brian Cassidy 4 years ago 7 responses

Stanford L. Kurland Is A Genius Asshole

Kurland, former No. 2 at mortgage company Countrywide, is now raking in the dough by buying up failed mortgages. His story kind of boggles the mind. Read More ›

Scott Lamb 4 years ago 2 responses

What’s This AIG Exec Wearing?

You’ll never guess. Gerry Pasciucco (formerly of Morgan Stanley) currently heads AIG’s disgraced Financial Products division (yup, the one that caused all that trouble). I can’t decide whether this is humorously ironic or frighteningly deluded. View Image ›

Brian Cassidy 4 years ago 37 responses

AIG Commercial Fail

“Buddy, we’re with AIG.” Yeah, no cause for concern. Watch Video ›

Brian Cassidy 4 years ago 6 responses

Top 10 Endangered Newspapers on time.com ›

Those smug bastards over at Time magazine have drawn up a list of the ten major newspapers most likely to go under or go digital very soon. Topping the list is the Philadelphia Daily News, which nobody reads anyway (I’m from Philly), but some non-second-rate papers included on the list are the Chicago Sun-Times and the Boston Globe, which is reportedly losing $1 million each week.

P 4 years ago 2 responses

Kleptocracy

Celebrate the financial crisis and the fat-cats who are getting away with it with a shiny new “kleptocracy” T-shirt. If you can afford it. View Image ›

TweetMeme 4 years ago 7 responses

Everything Must Go!

Circuit City is going out of business and EVERYTHING MUST GO. Looks like you can get a great deal on basic neurosurgery! View Image ›

Sarah Morgan 4 years ago 9 responses

The Crisis of Credit Visualized

The short and simple story of the credit crisis. This is the thesis work of Jonathan Jarvis, a student at the Art Center College of Design in Pasadena, California, and reminds me of that great This American Life episode from last fall. It’s kinda fun to watch. Watch Video ›

Brian Ries 4 years ago 7 responses

Job Losses in Recent Recessions

Curious how bad it really is? As the “green line of doom” shows us, pretty freakin’ bad. View Image ›

The Internet's Very Own... 4 years ago 23 responses

Tom Cruise As Market Metaphor on slate.com ›

“The Cruise persona, like a junk bond, was never meant to reach maturity.” This article is actually more interested in how the market explains Tom Cruise’s dwindling career, but how great do feel about your portfolio when you think about it in terms of War of the Worlds?

Amanda Dobbins 4 years ago respond

WaMu Built Empire on Shaky Loans on nytimes.com ›

The Times takes a look at WaMu’s no-loan-too-insanely-implausible culture. They once approved a loan for a borrower who claimed to be making a six-figure income as a mariachi singer. Oh, and the WaMu employee who approved the loan had drug paraphernalia just sitting out on his desk, because the place was just that crazy.

NYTimes 4 years ago respond

What Happened in Iceland on online.wsj.com ›

The Wall Street Journal has a great story on how the global financial crisis caused Iceland’s entire economy to collapse. Poor Bjork!

Sarah Morgan 4 years ago respond

2008 Bailout Vs. Other Large Government Projects

An illustration of the difference in price (adjusted for inflation) between government spending on the bailout and …other huge stuff. In other words, we’re doomed. View Image ›

Eliot Glazer 4 years ago respond

Oprah’s “Muffin Top” As Cultural Metaphor on thedailybeast.com ›

A philosophical comparison between Oprah’s massive weight gain and America’s financial crisis. If Oprah represents the credit crunch, does that make Steadman George W. Bush? (Because, you see, both are nowhere to be found.)

Eliot Glazer 4 years ago respond

Calvin Explains the Economy

Calvin’s lemonade stand turns out to be an excellent metaphor for our current economic predicament. View Image ›

TweetMeme 4 years ago 2 responses

John Thain

The dreamy CEO of Merrill Lynch has been forced out by Bank of America. He kind of had it coming after that $10 million bonus debacle, but he will always be the “Cutest Villain of the Financial Crisis” in my heart. Read More ›

Amanda Dobbins 4 years ago respond

Atlas Shrugged For The Financial Crisis on mcsweeneys.net ›

Ayn Rand’s Objectivist tract gets updated for our current financial predicament. It’s also more readable than Ayn herself.

Amanda Dobbins 4 years ago respond

Bush Urged to Aid Auto Industry on us.rd.yahoo.com ›

Six U.S. governors and a group of chief executives on Thursday urged the Bush administration in a letter to aid the embattled auto industry, while the White House rebuffed a request for direct support of a merger between GM and Chrysler.

Yahoo News 4 years ago respond

Bonuses Constitute 10% of the Bailout on theragblog.blogspot.com ›

Wall Street bankers are expected to receive pay deals, including bonuses, worth more than $70 billion this year. That’s 10% of the massive emergency government bailout. We are so disappointed in you, Neel.

Reddit Top Links 4 years ago respond

Honda Civics on google.com ›

Honda is offering low financing rates on Civics to encourage people to buy cars despite the grim economic outlook. This would be a great time to buy a car, if you could afford it.

Google Trends 4 years ago respond