Word: folksing
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If you're having a little trouble coping with what seems to be the complete unraveling of the world's financial system, you needn't feel bad about yourself. It's horribly confusing, not to say terrifying; even people like us, with a combined 65 years of writing about business...
You've heard, of course, that subprime mortgages - subprime is Wall Street's euphemism for junk - are where the problems started. That's true, but the problems have now spread way beyond them. Those predicting that the housing hiccup wouldn't be a big deal - what's a few hundred...
Didn't the folks on Wall Street, who are nothing if not smart, know that someday the music would end? Sure. But they couldn't help behaving the way they did because of Wall Street's classic business model, which works like a dream for Wall Street employees (during good...
Joe Biden was no better in his coarse challenge to Republicans who promise to help parents of children "born with a birth defect." "Well, guess what, folks?" he said. "If you care about it, why don't you support stem-cell research?" Well, they do; just not all the forms...
I decided it was worth sharing my recent ruminations with the folks, concluding of course with the conviction that my failure to become an Olympic athlete was all their fault. A feisty rebuttal ensued. Not only did they remind me of the countless practices they drove me to and games...