Pretty much like Jon Corzine, Jamie Dimon has marshalled his company to march straight into a swamp. He’s done this because he has the...
Elena Steier, editor
Elena Steier edits the Sickworld Journal as well as moonlights as a cartoonist. She enjoys playing soccer and watching TV, especially the show REVENGE at ten p.m. on Wednesday nights. It's a GREAT show.
Stupid Pac
When you hear that some PAC is going to go and skewer Barack Obama for having been associated with Jeremiah Wright, it flies in...
Derivatives, explained
Here is a the best explanation of derivatives that I’ve found on Youtube. JP Morgan owns $71 trillion dollars of these. What that means,...
Shameless, Incorrigible, Give me a Break
“Why the Left Wants to Blacklist ALEC” is the title of a Wall Street Journal op ed piece co-written by Wendy Gramm, former Enron...
Sloppy Bookkeeping as a Legal Defense or Something
Charlie Rangel being interviewed on CNN chalked up his 2010 censure by the House of Representatives as the result of Sloppy Bookkeeping. I thought...
Losing Money Isn’t a Crime…
….According to Mitt Romney advisor Eric Fehrnstrom, as well as Hoover institutionalist Jonathan Macey from whose Wall Street editorial I swiped today’s blog’s title....
Is it a Bank? Is it a Casino?
Investment Bank JP Morgan announced at the end of last week that they lost two billion dollars on bets. Having just come back from...
Libertarians in Las Vegas
The Libertarian Convention is taking place here at the hotel where I’m staying. As my son says, what does NBC and libertarian convention have...
The Groveler in Chief and his Czar
Harassing Obama’s guy who runs the Office of Information and Regulatory Affiars (OIRA), a young video maker obsessed on some obscure reference Cass Sunstein...
Buy Fringe: A Cartoon History of the George Dubya Bush Years
