Many interesting pics out moments ago from the Federal Reserve in the snappily titled report, Profits and Balance Sheet Developments at U.S. Commercial Banks in 2008. A sample, rearranged to tell their own story:

1) Bigger is better!

2) 'Cause concentration permits economies of scale!

3) Looked hunky dory 'till '07...

4) Damn ninjas! They lied to us!

5) And the so-called business elite were just as freaking imprudent! I mean, how the hell did some of the CEOs behind all these "strategic visions" get their jobs!?

6) Still, at least we managed to dodge the bullet to the heart - phew!

7) Course it was with help - the taxpayer backed us whole heartedly with new capital in recognition of our inherent worth and superior risk-management skills...

8) ...and just in time to stop these numbers changing sign! See you in Courchevel if not the Maldives!

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  1. Anonymous // 6/04/2009 10:58:00 AM

    why use black colored text on a very dark grey (almost black) back ground ?
    I can't imagine that the intention is to make the text unreadable.

  2. Admin // 6/04/2009 11:13:00 AM

    Possibly the site is loading slowly in your browser - the post background is white once the page is fully up.

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