Famous last words?

I did not make a representation on behalf of that car dealer.

"You're SURE you turned the electricity off?"

"The best way to start a bonfire is with petrol"

"This is Jeff Jefferson, reporting directly from a fire fight in Iraq, there are bullets lirerally flying over the top off my head......"

Keating to Hewson

"I'm going to do you, and do you slowly"

And he did! Well done, Prime Minister!


No wonder Costello will not contest the next election.


You're so macho. A low altitude flyer

http://www.youtube.com/watch?v=aaLLP4sc_6Q&feature=related

Nice!

What about Bush?

The “New” Math

On April 28, 2004, in a fitting and perhaps flagrant final act of eviscerating prudent regulation, the SEC ruled that investment banks may essentially determine their own net capital. The insanity of that allowance is only surpassed by the fact that the SEC allowed the change because it was simultaneously demanding greater scrutiny of the books and records of what were the holding companies of investment banks and all their affiliates.

The tragedy is that the SEC never used its new powers to examine the banks. The idea was that Consolidated Supervised Entities (CSEs) could use internal models to determine risk and compliance with net capital requirements. In reality, what the investment banks did was essentially re-cast hybrid capital instruments, subordinated debt, deferred tax returns and securities with no ready market into “healthy” capital assets against which they reduced reserve requirements for net capital calculations and increased their leverage to as much as 30:1.

http://www.moneymorning.com/2009/01/13/deregulation-financial-crisis/


"This is an impressive crowd -- the haves and the have mores. Some people call you the elite -- I call you my base." --Bush at the 2000 Al Smith dinner

There not last words, yet I happen to think its dam funny:

Did you hear that Meg? Guys can marry other guys now. So...this is awkward, but I mean, if they can do that, that is pretty much it for you, isn't it? I mean you as well pack it in. Game over.

Stewie Griffin

This rally will run out of steam in a week or two.

A bear in late March...