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Belated Christmas Special

posted by Buce

This link has been around the barn a couple of times, but it is too good not to be showcased here (I got it from my former student Kenrick, now plying the bankruptcy trade in LA).  The particular BK tie is that Sam-the-grave-dancer Zell is the crown prince of vulture investing.

For extra credit, readers of CreditSlips are invited to explain why, if we are aslosh in capital, still consumer interest rates remain about where they were in the Carter administration.  For your convenience, you'll find an inflatable calculator under your chair.


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