Tuesday, June 30, 2009

probably not PC, but...

hey... it's current events.

from QDB:

Farrah Fawcett dies, and goes to Heaven.
God says to her "You've been such a good sport, I'll let you have one wish."
She wishes for all the children of the world to be safe.
Michael Jackson appears beside her.
God says to Michael "You've also been a good sport for this, you may have a wish as well."
He wishes not to be black in Heaven.
Billy Mays shows up beside him with a bottle of Oxiclean

Tuesday, June 23, 2009

Denmark: 1973

Ahead of America: 2009. If U.S. children read more books like this maybe they would understand what it means to be pregnant. And to see how we evolve from fish to human in just 9 months. Yep, books like these would be banned in most of the U.S. Keep scrolling, the best stuff is near the end.

Sunday, June 21, 2009

Monday, June 08, 2009

calculating menstruation

btw, if you click on the pic to go to the actual webpage, there is a mouseover, telling you the answer. just put your mouse over the pic and don't move it.

Saturday, June 06, 2009

Here's Another One, Marie

Too bad our nation's prison system is too full of non-violent, non-ponzi scheming drug offenders to fill up our prison system with these low-lifes... the real scum of the Earth.

No, I may be mistaken: as someone I know who said to me about the mortgage meltdown (which he used to be a part of the business) and I quote, "It's the niggers fault."


NEW YORK — A former Wall Street broker facing criminal charges linked to the subprime mortgage meltdown has become the target of an international manhunt, federal authorities said Friday.

Prosecutors notified a judge overseeing the case that Julian Tzolov disappeared on May 9 from a Manhattan home where he had been under house arrest since last year after surrendering his passport and posting a $3 million bond. An electronic monitor on his ankle had been removed.

Since then, investigators armed with an arrest warrant have "undertaken an extensive effort to determine Tzolov's whereabouts and apprehend him," prosecutors wrote in court papers.

They asked for a two-month postponement of the Bulgarian-born defendant's trial in Brooklyn as the search for him continues.

Defense attorney Ben Brafman said he lost contact with his client weeks ago.

"We have no idea where he is or what may have happened to him," the lawyer said Friday.

Tzolov, 36, had been set to go to trial on June 29 with former colleague Eric Butler, another former broker for Credit Suisse's private banking division. Both men pleaded not guilty in September to securities fraud, wire fraud and conspiracy charges.

An indictment alleges Tzolov and Butler duped foreign corporate customers into believing that $1 billion in securities being purchased in their accounts were backed by federally guaranteed student loans and were safe like cash.

In reality, the auction rate securities were backed by subprime mortgages, collateralized debt obligations and other high-risk investments, the authorities said. Because of their higher risk, they brought a higher yield and much larger commissions for the brokers.

Tzolov and Butler deceived clients by sending them e-mail confirmations in which the terms "St. Loan" or "Education" were added to names of other types of securities purchased for the customers, prosecutors said.

As a result, customers were stuck holding more than $800 million in securities that were not easily traded and lost their value when the market for the securities began to collapse in August 2007, according to the SEC.

Credit Suisse has said it notified authorities as soon as it became aware of the fraud, and is cooperating with the investigation. The defendants resigned in 2007.

In convicted, each man each faces up to 20 years in prison and a $5 million fine.

Thursday, June 04, 2009

No Duh

WASHINGTON — Federal regulators on Thursday charged Angelo Mozilo, the former chief executive of mortgage lender Countrywide Financial Corp., and two other company executives with civil fraud.

The Securities and Exchange Commission's civil lawsuit, filed in federal district court in Los Angeles, also accuses Mozilo of illegal insider trading.

Countrywide was a major player in the subprime mortgage market, the collapse of which in 2007 touched off the financial crisis that has gripped the U.S. and global economies.

Civil fraud charges also were filed against Countrywide's former chief operating officer David Sambol, 49, and ex-chief financial officer Eric Sieracki, 52.

The trio "deliberately misled" Countrywide shareholders, SEC enforcement director Robert Khuzami said at a news conference at agency headquarters. While they painted a picture of robust performance, the real Countrywide was "buckling under the weight" of soured mortgage loans, he added.

Mozilo "was actively taking his own chips off the table" by selling his shares to reap nearly $140 million in illicit profits, Khuzami said.

Tuesday, June 02, 2009