How bad are things for banks? Pretty much anyone who played in the sub-prime mortgage game is in really bad shape. Triple A rated CDOs are worth anywhere from 32% of their face value to 5% of their face value based on their tranch. This is not even taking into consideration their …
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Asides
The Uniqueness of Humans: Find 40 minutes to watch this. It's great.
Interesting new theory on the speedup of the expansion of the universe.
What's driving up healthcare costs? Big Surprise here: greedy doctors.
Forum post by republican toughguy who tried out waterboarding. Turns out it's torture!
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