Why should a financial engineer be paid four times to 100 times more than a real engineer? A real engineer build bridges. A financial engineer build dreams. And, you know, when those dreams turn out to be nightmares, other people pay for it.
Muppets vs Goldman Sachs…
Muppets suing for defamation?
Country Sovereign Ratings
Standard & Poor’s currently rates 126 governments on their capacity to meet financial commitments. A top-notch AAA rating allows a country to borrow relatively cheaply on international markets.
Ratings as of June 28, 2011.
Via Reuters.
UPDATE: What a difference a few hours makes. The United States just became a lighter shade of green.
Colin Kennedy gives us a poetic and at times unrecognizable look at Los Angeles set to Balmorhea’s “Pyrakantha.”
(Images created with ...
NEW GRAPHIC! How big is Netflix? It’d be the 35th largest country by membership alone.
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