Joke of the Day Posted on July 10, 2008 by Yves Smith This came from an investor: Q: What’s the difference between a pigeon and an investment banker? A: The pigeon can still make a deposit on a BMW. Post navigation ← Cost of Japan’s Competitiveness: Increasing Poverty Fannie and Freddie: Conservatorship as Endgame? → Subscribe to Post Comments 4 comments steve July 10, 2008 at 5:30 pm I still like that one, but FYI it’s recycled from the dot com bust era. mxq July 10, 2008 at 5:50 pm Here’s an oldie: There are two sides of the balance sheet – the left side and the right side. On the left side, there is nothing right, and on the right side, there is nothing left! Anonymous July 11, 2008 at 8:47 am Really old, circa 1987 stock market crash. Only back then it was a Porsche… Yves Smith July 11, 2008 at 4:44 pm John Dizard says that every ten years there comes a financial downturn that the experts claim their models said was an unanticipated asteroid-wiping-out-the-dinosaurs sort of event. He says they give journalists the opportunity to recycle old copy. Same with jokes. Comments are closed. Tip Jar Please Donate or Subscribe!