1.29.2008

Culinary experts prepare to proclaim that shit does not taste like truffles

Motion Picture Academy to announce that Jackass 2.5 is not the greatest movie in the history of cinema.

... and the rating agencies who are paid to evaluate credit quality finally are about to admit what everyone else knows: that Ambac and MBIA, whose debt trades like they are moments from bankruptcy, are not AAA credits!

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CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...