Posts Tagged as ‘bailout’

July 24, 2009

Revenge, in $20 bills, please.

I love this story. No other words for it. Someone finally gets even with the mindless institutional bureaucracy that creates nothing but soul-grinding misery.
Roger Griffiths, an artist in New Zealand withdrew his entire savings — $190,000 NZ — in twenties, after his bank turned down his mortgage application.
The bank provided a red-and-black carry bag to [...]

February 28, 2009

How did we get here?

If you’re one of those wondering how we ended up in the current banking crisis, you should take a look at my friend Bill Heisel’s stories on mortgage provider IndyMac. Which, incidentally, was the bank that financed my first house. Now I’m even more glad we sold and paid off our loan before everything went [...]

October 26, 2008

Easy Credit Terms

Remember that $700 billion bailout? Supposed to rescue the economy by encouraging banks to make new loans, get everybody moving again?
Yeah, someone should have told the banks. From today’s New York Times:
On the contrary: at another point in the conference call, the same executive (who I’m not naming because he didn’t know I would be [...]

September 29, 2008

On Other Sites…

Got a couple new posts over at Examiner.com — one on the bailout, the other on the best comics shops in LA. I’m diverse like that.
At the Absorbascon, Scipio nails the difference between DC and Marvel Comics in a post about J. Michael Stracyznski’s series, The Twelve.
Sleestak at Lady, That’s My Skull, has discovered an [...]