A house built on Sandy

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Sandman
Posts: 17
Joined: 2008-03-13 23:41

A house built on Sandy

Post by Sandman » 2009-01-19 18:57

Jan 15th 2009
From The Economist print edition

And the rain descended,
and the floods came,
and the winds blew,
and beat upon that house;
and it fell:
and great was the fall of it

Image

“TOO big to fail, too shit to buy” :speechless002: :speechless002:

http://www.economist.com/finance/displa ... d=12945673

allow me to ask one IMPORTANT question:
does it mean when dont have to pay the credit card bill if the bank went bankrupt?

Knowing
Posts: 34487
Joined: 2003-11-22 20:37

Post by Knowing » 2009-01-19 19:51

That's so last week! On Friday Citi annouced a lost of 8.29 billion and plan to split into 2.
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