Friday, January 16, 2009

On second thought...

... I may ask for Treasury to take over some "troubled assets".

Contest: can any of my readers suggest a multi-word, multi-syllabic, financial-instrument-sounding name for a PowerBall ticket? Using Enron-esque accounting I can value it at $20Mn - which value I honestly believe to be "impaired". If Treasury could take it off my hands at 10% of valuation, I'd be really happy.

Sing a song.

2 comments:

P M Prescott said...

Isn't that high risk venture capital with potential significant earnings?

Kevin said...

I offer:
Probabilistic Innumeracy Supporting State Education Dollars.