Monday, November 24, 2008

So I guess we collectively noticed that Citigroup is 'too big to fail.' (Monday Morning DOOM! Blogging)

The govenrment gave Citigroup like a Gazillion dollars in Fun Money last night to keep them going for the next week or so, or maybe even until Christmas if we're reallllly lucky.
 
Here's a fun phrase I learned last night: "Sovereign Insolvency". It sounds so polite and civilized, doesn't it. It's not. Look it up, I can't linky so good at work.
 
It's a bad thing, and it's on the horizon unless Hopey and Company get this ship turned around right quick.
 
And how is *your* Monday?
 

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