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Asleep On The Job? 11 Jun 2013 | 05:18 pm

Every now and then, we all slip up on the job. Maybe we forget to reply to an email, or don’t commit a file to a repo, or we fall asleep on our keyboard and accidentally transfer $222 million to the w...

JCP Dumps Johnson, Brings Back Ullman 10 Apr 2013 | 09:31 pm

We bet the board of J.C. Penney thought they were being too cool for school by bringing in a guy from Apple to be their new CEO. Well, as Derek Zoolander once said: “I’ve got a news flash for you, Wal...

Cyprus – And, It’s Gone! 26 Mar 2013 | 08:18 am

Here’s the latest in the Cyprus disaster. There will be a bailout to the tune of €10 billion on a few conditions: the island’s second biggest bank – Cyprus Popular (aka Laiki Bank), will be closed. T...

Ben Bernanke Warns Of Fiscal Cliff 21 Nov 2012 | 01:40 am

Ben Bernanke spoke at the New York Economic Club today and warned about the dangers of the impending fiscal cliff. The text of his speech can be seen here. Some highlights: Economy recovering at a s...

Bandit Retires; Smokey Sad 19 Nov 2012 | 05:23 am

Ah Vikram Pandit. We have followed your act for a few years now. We finally report with sadness the Bandit’s sudden retirement from Citigroup (we had hoped that Buford T. Justice would take over as CE...

Moodiness and Negativity In the Eurozone 24 Jul 2012 | 09:57 pm

… well, Moody-ness and negativity basically everywhere except in Finland. Fearing fallout from Spain and Italy, Moody’s put Germany, the Netherlands and Luxembourg on negative outlook, but reaffirmed ...

@NatWest Can’t Help You With Your Account 25 Jun 2012 | 08:19 pm

Dunno about you guys, but I woke up to a tropical storm today and I thought that was pretty horrible. But this poor girl apparently awoke a couple days ago to find that an angry mob thought she was a ...

Oh, Jamie 16 May 2012 | 03:55 am

Sorry, we’ve been quiet, but two bil is finally enough to interrupt Jason’s and my days. Sigh. Poor Jamie – we’ve not lampooned him much around here, and now they’re calling for his head. Not that I ...

Satire: It’s Your BofA, Your Tax Money, Your Problem 20 Apr 2012 | 07:11 am

Somebody went through a lot of trouble to create the Bank of America satire site YourBofa.com. It’s so well done, that I must admit I got punked myself. The About page talks about BofA’s history, sta...

Citigroup, SunTrust, Ally, MetLife Fail FED Stress Tests 15 Mar 2012 | 02:48 am

The FED performed its annual stress test (required by the Dodd-Frank law) on 15 19 banks and 4 of the banks failed the test. These 4 banks are Citigroup, SunTrust, Ally Financial, and MetLife. The FED...

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