The Exquisite Contrarian

KeyBank a bailout lovin’ machine is already back to blowing wads of stupid money!  They’re even going to set the Guinness World Record for snuggies.

Just when you thought we were past allowing the financial sector to develop risky, economy destroying derivatives the American financial industry is back at it once again: “Amid that uncertain state, Wall Street is chugging along as if the last few years were merely a blip. At Citigroup Inc., the financial innovators are readying a [...]

Hank Paulson, the former US Treasury Secretary, has apologised for saying the “British screwed” the US in failing to save Lehman Brothers at the height of the financial crisis. Strong words from the man in charge of pulling the American (and some would say world) financial industry from the brink: more.

If you’re right leaning don’t get distracted by Keillor’s early paragraph about health care.  This is a great read that takes the pulse of America while reminding everyone that we need to pull ourselves together while pulling ourselves up. Here we go: Recombobulate America.

A New Cigar Lounge is coming to Alexandria, Virginia.  Why?  Because Virginia’s new no smoking law gave a restaurant’s owners no other choice but to move their successful cigar smoking clientele to a membership only format.

Word on the street is our country’s financial powerhouses had a full year to decide how they wanted to self-police, post collapse.  Needless to say, the administration felt they didn’t come anywhere close to passing the test.  They should have been a little less brazen considering everyone knew Paul Volcker has the President’s ear, but [...]

“Our government doesn’t work anymore, or perhaps more accurately, when it does, it works for special interests and not the American people,” said Mr Gross. “When special interests, even singular citizens, write a cheque, it represents a perversion of democracy, not the exercise of the First Amendment.” Pretty ominous words from a highly respected bonds [...]