Category Archives: banking

Facebook

The Facebook IPO is a train wreck so far. There were problems at NASDAQ with the launch but Gordon Crovitz in the WSJ says people just don’t click Facebook ads enough. Then there’s this:

Why did Facebook go public?

They couldn’t figure out the privacy settings either.

Fail

 

JP Morgan lost not quite as much as the federal government borrows in a day.

Facebook IPO

It’s a Wonderful Life

Some of the Billion dollars Jon Corzine misplaced may have ended up at JP Morgan.

The WSJ recalls the shocking, shocking forgetfulness of other Wall Street old fools from Lehman to Goldman Sachs.

Port Authority

Dockworkers and truckers on the west coast were largely ungracious about the Occupy movement’s efforts on their behalf. Protesters attempted to disrupt capitalism by shutting down ports from San Diego to Anchorage, causing workers to be sent home without pay.

The president, who disrupted the the Keystone Pipeline and the jobs that go with it, has previously said of the protesters, “you are the reason I ran for office“.

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