September Madness, Financial Edition

Tuesday, September 30, 2008 | 11:00 AM

Kudos to Tech Crunch for this fantastic bracket breakdown -- the Financial version of the March Madness:

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Michael Arrington credits Mark Slavonia, a general partner at Sansome Partners for the wit.


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Hat tip Petey!

Source:
September Madness
Michael Arrington
Tech Crunch, September 29, 2008
http://www.techcrunch.com/2008/09/29/september-madness/

Tuesday, September 30, 2008 | 11:00 AM | Permalink | Comments (44) | TrackBack (0)
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Now is the time to be heard. Please call or fax your representative with your inputs regarding the Paulson Bailout plan. Mish has a list of phone and fax numbers at his blog. Best of luck to all.

http://globaleconomicanalysis.blogspot.com/

Posted by: Business Man | Sep 30, 2008 11:03:47 AM

ROTFL!

Thanks for the laugh Barry. That was the best laugh I've had all week

Posted by: DavidB | Sep 30, 2008 11:12:32 AM

Gasparino is coming up big today...telling the real truth...this country is too leveraged and a lot of this has to happen.

Posted by: Steve Barry | Sep 30, 2008 11:12:36 AM

So far JP Morgan makes to the semi finals.

Posted by: Max | Sep 30, 2008 11:15:37 AM

My money is on JPM.

Posted by: Jay | Sep 30, 2008 11:21:44 AM

HAHAHAHAHAh... BEAUTY I LOVE THIS POST

looks like march madness came just a bit too soon.

Let me add to the comedy:

‘Wall Street’ broadly is being painted as the ‘villain’ that got the U.S. citizenry into the current mess – much like the ‘Pied Piper of Hamelin’ who led the children from their village like ‘lemmings over the cliff’.

Posted by: OilyGasMiner | Sep 30, 2008 11:22:30 AM

Jay, I'm with you - BoA can't hold a candle to the mad skillz of JPM. :)

Posted by: Max | Sep 30, 2008 11:25:27 AM

Queen of England v The Federal Reserve would be an interesting match-up.
They both have helicopters....

Posted by: leftback | Sep 30, 2008 11:31:26 AM

My money is on Lloyds FTW. If anyone knows how to analyze and underwrite wacky risk environments, its them.

Posted by: Mark W | Sep 30, 2008 11:31:34 AM

Too true.

Posted by: Paul in NYC | Sep 30, 2008 11:36:38 AM

Wells all the way!!!

Posted by: Jeff M. | Sep 30, 2008 11:40:19 AM

BR, do you know if Bob Marcin still contributes to RealMoney? Haven't heard from him in a while.

Posted by: Eric | Sep 30, 2008 11:45:55 AM

Doug Kass did this within the past year. Just giving credit where credit is due. He did however have CFC in the Final Four...

Posted by: Brett | Sep 30, 2008 11:47:26 AM

It's all about the LIQUIDITY, Baby!

The Queen of England can't sell Buckingham Palace in this market, baby! No LIQUIDITY!

Warren Buffett is the man to watch. He's been to the big game before and he's got the "L" Word on his side, baby!

You can take that to the bank, Baby!

Posted by: Coach V | Sep 30, 2008 11:51:45 AM

Why isn't Taco Bell on the bracket as a contender?

Posted by: John Grimm | Sep 30, 2008 11:57:31 AM

Its not a joke - all of them are true, arn't they???

Posted by: fresno dan | Sep 30, 2008 12:15:36 PM

Blaming Congress for a potential financial meltdown is like blaming the firemen instead of the arsonists.

Posted by: Steve Barry | Sep 30, 2008 12:22:52 PM

Good article by William Greider on the failed bailout. Available at:
http://www.thenation.com/doc/20081013/greider3

The following is an excerpt:

"The financial bloodbath will continue, but unless the deal on the table changes significantly, Henry Paulson gets to decide who lives and who dies. The former investment banker from Goldman Sachs would be empowered as treasury secretary to play savior or grim reaper, the liquidator who essentially pulls the plug on some banks and financial firms or the man who rescues them from ruin. …. behind closed doors, he will ask former brethren in Wall Street to help decide which club members are worthy of saving. This power to pick winners and losers [should] REMAIN IN PAULSON'S HANDS UNTIL A NEW PRESIDENT ARRIVES IN JANUARY."

I agree. President Obama should be forced to wade into this mess next January.


Posted by: DL | Sep 30, 2008 12:23:00 PM

http://uk.youtube.com/watch?v=LfascZSTU4o

Who's laffing now Laffer?

Posted by: Dr. Kenneth Noisewater | Sep 30, 2008 12:58:01 PM

Off topic: The current word seems to be that the Republicans will get behind a new bill that waives the mark to market rule. I think that is insane. Thoughts?

Posted by: Brian | Sep 30, 2008 1:08:04 PM

NAKED SHORTING


Let’s bring back naked shorting of financials, and make it available to everyone, including corporate insiders.

We’ll find out very quickly who has the bad assets.

Then we can quickly “excise the tumor”.

Posted by: DL | Sep 30, 2008 1:19:41 PM

Where's Yankees v. Mets ?

Posted by: Douglas Watts | Sep 30, 2008 1:27:27 PM

Brian @ 1:08:04 PM

I’m not sure that the Republicans are necessarily looking for a plan that will actually work. I think that they just want to appear to be doing something constructive.

Posted by: DL | Sep 30, 2008 1:30:15 PM

@ Jeff M: Mate, you already "made" back half of what you "lost" yesterday, by sitting on your arse! Ain't capitalism wonderful?

I am losing sleep at night wondering if I should have stayed on the D-train™.... but I hear the reflation freight train comin' round the bend....

Posted by: leftback | Sep 30, 2008 1:42:40 PM

Posted by: Dr. Kenneth Noisewater | Sep 30, 2008 12:58:01 PM

God, I hate that supply-sider hack, Art Laffer. If there is a God, he would lose all of his money during this mess and be found wandering the streets barking out supply-side tripe at anyone who will listen, but I'm sure he won't.

Posted by: Jeff M. | Sep 30, 2008 1:47:32 PM

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