Make It Rain (NSFW)

The hottest strip club in Miami (and possibly the US) is King of Diamonds, favored by rappers like Lil Wayne and Rick Ross.  And now it gets its own reality show, of course.  The show will be called Make it Rain. Below is the Not Safe For Work trailer that’s been blazing through the interwebs…

Involuntary Bankslaughter

“The long-term senior debt ratings of 4 of these firms were downgraded by 1 notch, the ratings of 10 firms were downgraded by 2 notches and 1 firm was downgraded by 3 notches.”

Too Hot, Too Horrible

The market blows today and the proximate cause has nothing at all to do with Greece. Okay, a little bit to do with Greece indirectly insofar as HSBC’s China flash PMI was so weak and China’s biggest export market is Europe.

Happy Now?

The Federal Reserve announced Wednesday a modest increase in its efforts to reduce borrowing costs for businesses and consumers by extending its existing “Operation Twist” asset-purchase program through the end of the year.