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Archive for February, 2009

Everybody cares about this for some reason

Everybody cares about this for some reason

The whole spectacle makes me cringe.  It has entirely to do with me not being able to stand watching people being forced to make chit-chat with someone they don’t want to talk with.

It’s weird how the power structure changes – take some

unknown interviewer and plant them on the red carpet.  Movie stars walk down the carpet, which acts as an interview line and make annoying chit-chat (“who are you wearing”, “what do you think about your competition”, “blah blah blah – wait! gotta wrap up, another ‘star’ is coming!”) until someone else comes along. 

It’s horrifying to watch. I’m going to post a bunch of somewhat entertaining pictures I found because they made me chuckle.

"Like, I'm TOTALLY looking at you but paying attention to the cameras"

"Like, I'm TOTALLY looking at you but paying attention to the cameras"

Because he's like 3 feet tall

Because he's like 3 feet tall

What is going on here?

What is going on here?

 

She's ugly right? It's not just me?

She's ugly right? It's not just me?

There's a bijillion pictures of this douchebag on the internet. Until I asked Mary, I had no idea who he was.

There's a bijillion pictures of this douchebag on the internet. Until I asked Mary, I had no idea who he was.

No party album is complete without some pictures of people in a line

No party album is complete without some pictures of people in a line

This is awkward. Shouldn't Sophia Lauren be in some kind of museum?

This is awkward. Shouldn't Sophia Lauren be in some kind of museum?

Get the guns out. And I don't mean her chesticles.

Get the guns out. And I don't mean her chesticles.

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Mulligan

Is this the death spiral?

American International Group Inc. may scrap a plan to repay a $60 billion
U.S. government loan by selling businesses, after failing to find enough
promising bidders, said two people with knowledge of the matter.

AIG is proposing additional ways to reduce the company’s debt to the
U.S., including handing over stakes in some operations directly to the
government, a person said.

That’s not going to work. I fear that this company is actually worthless – it’s stock sure is trading like it is. Felix is right that its failure would make Lehman look like a sneeze, but what is the right strategy?

If they wither and die, they’re going to take down a chunck of the insurance market with them by buying their renewals and crushing the industry’s profits.

If they go bust it’s armageddon.

I think the government should just force AIG to buy a ton of reinsurance. Risk management problems go away and you can give back a pile of mony to the government.

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