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Posts Tagged ‘Lehman Brothers

Never going to happen…

One might express the exceedingly low probability that one might agree (that, say, Adam Sandler is the artistic and comedic rival of Buster Keaton) in a variety of ways.  Here in the U.S., it might be “when pigs fly” or “when Hell freezes over”.  Now, thanks to the good folks at Nautilus, one can answer with the appropriately idiomatic expression of improbability all over the world.  Just click the image above…

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As we substitute hyperbole for hyperventilation, we might recall that it was on this date in 2008 that Lehman Brothers filed for bankruptcy, setting off the worst financial crisis since the nineteen-thirties, a seven-hundred-billion-dollar bank bailout, and a painful recession.  On this dark anniversary, John Cassidy asks, “What Has Changed Since Lehman Failed?”  James Kwak answers, “5 Years Later, We’ve Learned Nothing From The Financial Crisis.  And for a really deep dive, leap in here.

Then-Secretary of the Treasury, Henry Paulson

Written by LW

September 15, 2013 at 1:01 am

Owning a piece of the past: an investment option for our times?…

source: Bonhams

As one passes the first anniversary of the failure of Lehman Brothers, one might be wondering where (beyond one’s mattress) one should be parking what’s left of one’s resources.

As Wired.com reports, the auctioneers Bonhams have an idea:  natural history artifacts.  The 42 items to be gaveled in a sale to held in Las Vegas on October 3 range from a fossilized fish, estimated to go for about $1,000, to a 66 million-year-old T-Rex skeleton (above), one of the best ever found– and estimated to fetch as much as $8 million.  Other highlights include the largest shark jaw ever found, a giant pig skull, and the skeleton of a duck-billed dinosaur.

Collectables, of course, have an uneven history as investments…  but then, how’s that stock portfolio doing this last year or so?

As we rethink our portfolios (and the arrangement of our living rooms), we might recall that it was on this date in 1949 that Warner. Bros. introduced the Road Runner in the cartoon short “Fast and Furry-ous.”  Created by Michael Maltese and the incomparable Chuck Jones, The Road Runner’s “beep, beep” (like the sounds of most other Warner Bros. cartoon characters) was voiced by Mel Blanc.

The Road Runner and Wile E. Coyote make their debut

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