Monday, January 26, 2009

The Kids Blow It Again

"Australian investment bank Macquarie Group Ltd. said its December quarter was 'exceptionally challenging' for almost of its operations, hurting both business activity and profitability", Cynthia Koons at the WSJ, 9 January 2009.

Where did Australian kids want to work, my 3 October 2007 post, link: http://skepticaltexascpa.blogspot.com/2007/10/if-jim-chanos-didnt-exist-we-would-have.html.

1 comment:

Anonymous said...

Super magicians... Macquarie/Goldman/Barclays et al

All creators of the "new play"

{Bend incentives}
{Rearrange ownership}
{Shift returns through time}
{Avoid taxes}
{Earn fees}

Kings of Capital?
Fine Line Riders?
Fraudsters?