Jan/091
Pigeon Hunting Season — The Truce Has Been Broken
Will W invade the sky to make sure the birds have no WMDs?
The Truce has been broken.
JERRY: You ran over some pigeons? How many?GEORGE: What ever they had. Miranda thinks I'm a butcher but it's not my fault is it? Don't we have a deal with the pigeons?
JERRY: Of course. We have a deal. They get out of the way of our cars, we look the other way on the statue defecation.
GEORGE: Right! And these pigeons broke the deal. I will not accept the blame for this.
If anyone wants to shoot some damn pigeons, (those mutated scavengers, flying rats, vectors for disease), now is the time. Just watch your back.
And speaking of backs, it's amazing that no one on the plane was killed. Then again, according to Kramer the East River, though disgusting and toxic, has healing powers. Maybe the Hudson's waters are also magic...
[Image via flickr]
Nov/080
A Pair On The Causes Of The Recession
Slaying the bull.
The End: From Liar's Poker to The Crash (update: Much more via Kottke)
The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong.
Was There a Loan [WaMu] Didn't Like?
AS a senior mortgage underwriter, Keysha Cooper was proud of her ability to spot fraud and other problems in a loan application. A decade of vetting mortgage documents had taught her plenty, she says.
But as a senior mortgage underwriter at Washington Mutual during the late, great mortgage boom, Ms. Cooper says she found herself in a vise. Brokers squeezed her from one side, her superiors from the other, she says, and both pressured her to approve loans, no matter what.
“At WaMu it wasn’t about the quality of the loans; it was about the numbers,” Ms. Cooper says. “They didn’t care if we were giving loans to people that didn’t qualify. Instead, it was how many loans did you guys close and fund?”
Ms. Cooper, 35, was laid off a year ago and is still unemployed. She came forward to discuss her experiences at the bank in order to help shareholders recover money from WaMu executives.
[Links via Robot Wisdom, image from the NY Times' article]