JUNE 19, 2012

Full News Archive

• Headline: Fed Considers New Economic Aid Measures. Impact: If the Fed had just decided to hand out cash like it was Halloween candy, we might have avoided a decade of financial hangovers. Instead, we got a global economic rollercoaster that still has us screaming. Fact: Did you know the Federal Reserve can move markets with their decisions? It's like being the kid in school who can change the lunch menu with a single vote.
• Headline: Goldman Sachs and Gupta's Legal Costs. Impact: Goldman Sachs paying Mr. Gupta's legal bills was the spark that led to a thousand memes about how rich people get away with everything. If only we could all afford a defense tab like that!. Fact: Fun fact: In the world of finance, 'waiting for a payback' is just code for 'I hope this doesn’t take forever so I can buy that yacht I've been eyeing.'.
• Headline: Investors in Search of Bigger Fix to Euro Crisis. Impact: The search for a 'bigger fix' to the Euro crisis created a ripple effect where investors became global detectives, trying to solve the mystery of the missing economic stability. Spoiler alert: it was in the last place they looked. Fact: Did you know that the phrase 'bigger fix' in economics translates to 'let's just throw more money at the problem and hope it goes away?' It's like trying to fix a leaky roof with a bucket.
• Headline: Greek Voting Past, Europe Returns to Fiscal Rescue. Impact: Post-election relief about Greece staying in the euro zone was like a band-aid on a bullet wound. It might have temporarily calmed the markets, but everyone knew the real issues were still lurking under the surface. Fact: Did you know that euro zone crises are the financial equivalent of a soap opera? Just when you think it’s over, there’s always a dramatic twist waiting in the next episode!.