Sunday, October 19, 2008

The American Economy and George Bush

George Bush said that he is saddened to hear about the demise of
Lehman brothers… His thoughts at this time go out to their mother as
losing one son is hard but losing two is a tragedy.

· The problem with investment bank balance sheets is that on the left
side nothing is right and on the right side nothing is left.

· There are 30 billion prime numbers below 700 billion. The rest are
all sub-prime.

· How do you define optimism? A banker who irons 5 shirts on a Sunday.

· Why are all MBAs going back to school? To ask for their money back.

· For Geography students: What's the capital of Iceland?

Answer: About Three Pounds Fifty...

· A trader: "This is worse than a divorce. I've lost half my net worth
and I still have a wife."

· If you want to gamble, go to Las Vegas. If you want to trade in
derivatives, God bless you.

· What's the difference between a guy who just lost everything in
Vegas and an investment banker? A tie.

· What's the difference between a bond and a bond trader? A bond matures.

· Forty years ago I sold fifty shares of my company stock and had
enough money to purchase a brand-new 1967 Ford pickup. Last week, I
checked it out, and if I sold another fifty shares, I'd have enough
money to buy a 1967 Ford pickup. So, the market has stabilized.

· Personal Favorite by Bush – When asked about if he knew about the
Credit Crunch, prompt came the reply – Oh! That's my favorite candy
bar!

· On the Jay Leno show – America has made a new weapon of mass
destruction that destroys people without damaging the buildings, it's
called the Stock Market !!