Here is black humor about the financial crisis, courtesy of the South China Morning Post.
Q: What is the definition of optimism?
A: An investment banker ironing five shirts on a Sunday evening.
Q: Why are all MBAs going back to school?
A: To ask for their money back.
I went to the ATM this morning and it said, “insufficient funds.”
I’m wondering: Is it them or is it me?
The Post also has an interesting blurb about the fall in value of the big U.S.-headquartered gaming companies with operations in Macao. A year ago, it seemed these companies could do no wrong. But a global financial crisis has severely humbled them.
My research on Yahoo! shows the following on their share prices on U.S. exchanges:
Las Vegas Sands, which operates the huge Venetian resort in Macau closed last Friday at $13.06, less than a tenth of its last year high of $148.76.
Wynn Resorts, which also operates a gleaming high-rise casino and hotel in Macau, traded Friday at $57.52, down from its year-long high of $176.14.
MGM Mirage, which is a joint venture partner in Macau with the daughter of Macau tycoon Stanley Ho, traded at $15, down from its high of $95.66.
They’ve been dealt some rotten hands.

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