Ot Funny Quotes

New Rule: America has every right ot bitch about gas prices suddenly shooting up. How could we have known? Oh, wait, there was that teensy, tiny thing about being warned constantly over the last forty years but still creating more urban sprawl, failing to build public transport, buying gas-guzzlers, and voting for oil company shills. So, New Rule: Shut the fuck up about gas prices.

Where is the palace?” “Just over yonder.” Tiny waved to his left, causing a new low-pressure front. “Easy two-minute walk.” I tried to translate that from Giantese. I figured that meant the palace was about seven billion miles away.

AIG’s Financial Products subsidiary (AIG FP), where its mammoth CDS business was housed, managed to get itself regulated by the Office of Thrift Supervision (OTS) because the corporate parent company had acquired a few small savings banks. Savings banks? Aren’t those the stodgy thrift institutions on the corner that take savings deposits and grant mortgages to homeowners? Seems like a funny place to lodge one of the world’s largest derivatives operations. Well, AIG FP was not actually lodged there, but merely lodged there for regulatory purposes. Call it skillful regulatory shopping.