Tag Archives: industry

Whoopee, its bailout time!

From the comments at Financial Times: Nov. 13 (Bloomberg) — In a surprise move today, Whoopee Cushions Inc was approved bank holding company status by the Fed to enable the company access to the recently revised TURD scheme. Imported far-eastern … Continue reading

Posted in Humor, Lance's Page | Tagged , , , , , , , , | Leave a comment

Anders Aslund on the Russian Economy

After forcefully savaging the Russian invasion of Georgia, controversial Swedish economist Anders Aslund lays out ten reasons he expects an impending economic collapse in Russia. Each point is sound, although some are more problematic than others. Particularly cogent are the … Continue reading

Posted in Economics, Foreign affairs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Black Signs at the Exhibition

The IMF has come through for Georgia in an enormous way, approving a $750 million credit line for the beleaguered republic. Beyond the much needed aid, it’s a powerful political reminder for Russia of the gargantuan economic advantage the West … Continue reading

Posted in Foreign affairs, Lee's Page, Media | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment