Comments on: Welcome Aboard, Chiefs!

By: sarabeth

sarabeth — Thu, 05 Feb 2009 22:35:31 +0000

well, since he won’t have brush to clear any more…

By: matt

matt — Thu, 05 Feb 2009 22:17:32 +0000

i hope bob graces us with other such ideas, yes.

By: kiel

kiel — Thu, 05 Feb 2009 22:15:20 +0000

Ol’ bob has to make it into the comment HOF with that one, no? Hysterical.

By: sarabeth

sarabeth — Thu, 05 Feb 2009 22:15:16 +0000

The fact that billions are what you can afford to lose; no questions asked, and millions are what you’ll always be paid (even if you’ve lost billions) means that you don’t need to know the difference between a solvency crisis and a liquidity crisis.

By: matt

matt — Thu, 05 Feb 2009 22:11:14 +0000

Anyone who’s ever held a senior position on Wall St. knows their millions from their billions.

they’d also know the difference between a solvency crisis and a liquidity crisis. theoretically…

i’m not willing to grant paulson any such assumption.

By: sarabeth

sarabeth — Thu, 05 Feb 2009 22:07:34 +0000

Not really. Anyone who’s ever held a senior position on Wall St. knows their millions from their billions. That’s the first thing they teach you:

Billions are what you can afford to lose; no questions asked.

Millions are what you’ll always be paid; even if you’ve lost billions.

By: matt

matt — Thu, 05 Feb 2009 20:21:43 +0000

depends on the definition of probably.

By: sarabeth

sarabeth — Thu, 05 Feb 2009 20:16:01 +0000

paulson would probably get his millions and trillions right, so it sounds more like george bush to me.

(for the record, 1 million dollars each to 300 million people = 300 trillion)

By: matt

matt — Thu, 05 Feb 2009 19:17:38 +0000

Give every person in the U.S 1 million dollars. Seeing how there is around 300 million people in the U.S, that would only be 300 million

hank paulson, is that you?

By: bob

bob — Thu, 05 Feb 2009 19:15:44 +0000

….When will the president and congress wake up and realize what is going on here. A simple fix to the economy is simple. Give every person in the U.S 1 million dollars. Seeing how there is around 300 million people in the U.S, that would only be 300 million vs 800 billion. The majority of people will put at least 25% of that up in banks which would alleviate the financial industry and people will spend some of that money which will stimulate the economy. How incompetent can our leaders be. I thought we were suppose to be the brightest most powerful country in the world. It amazes me sometimes