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 !!