government intervention made sexy

Sep 25, 2008 22:49

Because if we cannot laugh at an economic death spiral, we cannot laugh at anything. Spoilers for the economic crisis! In case you were waiting for the coming movie.

Government Seizes WaMu and Sells Some AssetsThat'd be Washington Mutual, for those like me who said "Who the fuck is WaMu?" We have learned today that WaMu--okay, seriously, say ( Read more... )

economic death spiral 2008

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fyrdrakken September 26 2008, 16:57:02 UTC
It's been too long since I read anything of PJ O'Rourke's, so I can't quote his lines about combat accountants now when it would actually be semi-relevant. (Actually, I just googled, and while I turned up a chapter of his book that includes a couple of usages of the phrase, I think it must have been the reference to same in a dedication or another chapter that really made an impression on me.)

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fyrdrakken September 26 2008, 16:58:58 UTC
Oh, and your description reminds me of my fave bit from any Monty Python movie, "The Crimson Permanent Assurance" at the start of The Meaning of Life. Because I just can't get over the reimagining of a stodgy old British insurance company as a crew of financial pirates...

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madripoor_rose September 26 2008, 18:16:18 UTC
fyrdrakken September 26 2008, 20:16:21 UTC
Let's say for the sake of argument that I can't view embedded vids because I'm blogging from work and don't even have speakers on my computer. (Because, I am, and don't remember to get online from home because I am 40 hours a week at work.) What were those vids of?

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madripoor_rose September 26 2008, 21:08:37 UTC
It's the entire Crimson Permanant Assurance 'corporate raiders' sketch.

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fyrdrakken September 26 2008, 21:38:55 UTC
Aw, yeah! (Something about watching those little old insurance people start making weaponry from office supplies and setting sail with an entire building...)

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seperis September 26 2008, 18:05:25 UTC
*g* Combat accountants. That works for me in so many ways.

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fyrdrakken September 26 2008, 20:18:39 UTC
Googling on the phrase turns up a lot of really interesting things, many of them leaning towards interpretations like in the IM convo you quoted from. But none of them are the bit I can't quite dredge up from memory that really isn't in that chapter I linked to.

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