FLOTSAM & JETSAM

By Cynthia - About Me - E-mail this page - Add to My Favorites - Add to Blog List - See other blogs in Everything Else

Tuesday, August 12, 2008

WHERE OH WHERE IS CONDOLEEEEEEEEZA???

With Russia in the news front and center, and world leaders scurrying around like chickens with their heads cut off, wondering what to do with this "rogue" (don't you love that word? It's what we used to call Iraq under Saddam, a "rogue" nation, now it's what most of the world calls the U.S. after... Sign in to see full entry.

posted by Cynthia at 5:12 AM Comments (4) (link)

Monday, August 11, 2008

THEY SAW THE EVIL EMPIRE

And it was us. As we sit helpless and watch in horror as the Russians bomb Georgia, our staunchest supporter in the former Soviet Union, driving thousands from their homes. It was Georgia who in 2005 embraced bush. At that time, over 150,000 people showed up to cheer him as he did a version of his... Sign in to see full entry.

posted by Cynthia at 4:49 AM Comments (0) (link)

Saturday, August 9, 2008

A DARK TUNNEL

As the mortgage giant Fannie Mae reported a loss of 2.3 billion, more than 3 times WORSE than analysts predicted, the absolutely brilliant assessment of Daniel Mudd, CEO of Fannie Mae was that we see the crisis every day as we are driving home and we are still in that "dark tunnel". Based on that... Sign in to see full entry.

posted by Cynthia at 9:03 AM Comments (4) (link)

Tuesday, August 5, 2008

HOW MUCH WOULD YOU PAY TO SAVE THIS MAN'S REPUTATION???

Apparently the most important thing at stake for Richard F. Syron, the CEO of mortgage giant Freddie Mac, is his reputation. He said so in today's NYTimes. Forget the thousands of people who are losing their homes to foreclosure and the shareholders whose stock value in the company has plummeted to... Sign in to see full entry.

posted by Cynthia at 6:06 AM Comments (2) (link)

Friday, August 1, 2008

THE SMARTEST GUYS IN THE ROOM

How soon we forget. Last night we watched the 2005 documentary of the massive collapse and fall to bankruptcy of America's 7th largest corporation, Enron. It could have been made yesterday, just change the names, shift the corporation from Enron to Merrill Lynch & Co, and WHALA!!! and the story of... Sign in to see full entry.

posted by Cynthia at 8:33 AM Comments (1) (link)

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