Because it’s better to laugh than cry….some financial crisis jokes.

If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 left of the original $1000. With WorldCom, you would have less than $5.00 left. If you had purchased $1000.00 of Delta Air Lines stock you would have $49.00 left. If you had purchased United Airlines, you would have nothing left. But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer, and then turned in the cans for recycling, you would have $214.00. Based on the above, the best current investment advice is to drink heavily and recycle. This is called the 401-Keg Plan.

Quote of the day (from a trader): “The financial crisis is worse than a divorce: I have half my money, but I still have my wife.” BBC News

A few days ago Wachovia was near collapse, done in by the financial crisis. Now Citigroup and Wells Fargo are dueling over its takeover.  Why in the hell are Citigroup and Wells Fargo sparring over troubled Wachovia?  It makes as much sense as two men fighting over Amy Winehouse. Daily Comedy

How do you define optimism? A banker who irons five shirts on a Sunday

What’s the difference between a pigeon and an investment banker? A pigeon can still make a deposit on a new Ferrari. Gaurdian UK

If you think no one cares you’re alive, miss a couple of house payments. Real Estate Humor

AP, October 10, 2008:  All sports stadiums in USA currently named for banks, insurance companies, or financial institutions will have to be renamed “Federal Reserve Park” according to a decree issued today by Ben Bernanke. ICIS