Day December 3, 2008

Officials: Mumbai terrorists took LSD and cocaine

“We found injections containing traces of cocaine and LSD left behind by the terrorists and later found drugs in their blood,” said one official. This is perhaps one of the most bizarre stories yet, that the Mumbai terrorists took LSD…

Federal Bailout Application Form

Click to view full-sized. Sue and I have been considering starting the Bank of BobSue, immediately borrowing huge amounts of money and squandering it on highly leveraged flaky “investments”, then whining to Hank “I Never Met a Bank I Wouldn’t…

GAO: TARP lacks adequate internal controls

If the TARP were a private company, it would have a Sarbanes-Oxley problem. The Government Accountablity Office has just published its take on the TARP. Among the many conclusions reached is that the TARP lacks adequate internal controls, one of…