I’m simply boggled by the multitudes of articles out there that are dedicated to teaching people how to use “social media 2.0.” If people take the time to sign up for the site, enter their name, their e-mail, create a password, verify that they’re human(ness)…don’t you think they should be smart enough to know...
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All Posts in Money
Get Rich Quick with Web 2.0 (Part 1): Network & Chat at the Watercooler – A How-To Guide on LinkedIn and Typing (I mean, Twittering)
Wish List
Every young JMIT knows that she’ll come of age some day. Yes, some day she’ll become a woman. It may happen after she’s Bat Mitzvah’ed or after she has been deflowered but some day she’ll grow up to have her own Costco membership. Until this JMIT becomes a woman, a Costco membership will be...
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Would you like to know what “financial crisis” means?
I know I did. If you have not listened to the This American Life Episode #365, I highly recommend it. It’s informative, impartial, and interesting. (iii reflects !!!) My favorite part of the program was the 2nd piece on credit default swaps. Ira tells* us that “one way to think about this product is...
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Humpty Dumpty, or Can Anybody Spot AIG $75 Billion or So?
Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men Couldn’t put Humpty together again. Well, shit. Fat chance I’ll get a job in New York now. In other news, the U.S. financial system appears to be imploding. The Dow was down 500...
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Gulf Coast Exchange Rises Slightly After Ike; Most Fish Optimistic
North America’s largest fish stock exchange rose slightly today amid fears over damage from Hurricane Ike’s weekend wrath, and amid a sudden slip in human financial markets worldwide. But a few nerve-racking days were apparently not enough to cause alarm in the current fish bull market. Even with major human financial firms going belly...
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Nonpretentious: Your Home for Meltdown Madness
Well, it’s no catastrophe — yet. The Dow was down around 500 pts by the end of trading — it’s worst drop in 7 years. But we’re not out of the woods. When AIG goes under, there’s no telling how much farther it could go. Barring a miracle, AIG has a few days of...
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1929?
Will the financial system crash tomorrow? Will the stock market? We’re about to find out. Lehman Brothers went bankrupt today (Sunday). AIG will go under mid-week. Merrill Lynch has just sold itself to Bank of America to stave off failure. Washington Mutual, the country’s largest savings and loan, is teetering on the edge of...
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