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The Wall Street Jokes Keep Coming
Not many people on Wall Street are laughing these days, but Tonight Show host Jay Leno is mining a rich vein of humor in the collapse of credit markets and its fallout on financial institutions.
A sampling from last night:
"I swung by my bank today to make a withdrawal. It's now a nail salon. That is not a good sign.""A little update from Wall Street: 'Sell! Sell everything!' "
"Oh, it's a nightmare! But God bless him, President Bush has a plan to get us out of this financial mess. It takes place in January, when he leaves office. That's the first step."
"The stock market crashed this week, but market analysts are not calling it a crash. They're calling it a 'correction.' Oh, shut up! ... You never hear that at Nascar. 'Oh, we had a fiery correction on turn three. Four men are dead.' "
"The Federal Reserve has just loaned the A.I.G. insurance company $85 billion to keep it afloat. That's almost as much money as Barack Obama raised last night in Beverly Hills. That is ridiculous."
"Why are we bailing out an insurance company? I mean, what's the first thing an insurance company does when you have a loss? They cancel your policy, right? That's what we should do, cancel their policy."
Source: Frontrunner
Also on Portfolio.com:
- Wall Fall Down: Who Will Survive the Panic?
- Credit Crunched: A Special Report on the Crisis
- One Market Is Holding Up ... So Far
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