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RIP PRECESSION HELLO UNFLATION

By dayvidday on Mon, Dec 1, 2008 1:42 pm

OMG! It's official! For a few months now, we've been onto the idea of a "precession," a span of time wherein the economic powers that be flatly refuse to call anything a "recession." We assumed this had something to do with Dick Cheney's political whopper and pressure to not to claim the recession started with Bush.

Actual Citibank Term Sheet

By JStanton on Tue, Nov 25, 2008 3:04 pm

From Dealbreaker, what is reportedly the actual term sheet for the Citibank bailout.

FWIW, to my reading we're kinda screwing them, which is A-OK in my book






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