Slightly less amusing than owning banking stocks
From the Screw FASB And Their Damn Year End Closings Department:
Quickbooks for Mac users were caught in an update debacle, with Intuit’s latest patch eating files. Intuit’s initial response: “…our recommendation for now is to turn off your computer and do not use it further.”
From the Every Dog Has Their Day Department:
“Losers average losers” - Paul Tudor Jones; “Losers average losers, unless both ‘losers’ are Goldman Sachs” - anonymous 
From the Sallie Mae’s Collateral Is Worthless Department:
“To err is Human, but it requires an MBA to really fuc* up.” - Barry Ritholtz
From the I’ll Take That Muni At LIBOR + 16 Department:
“It is really a situation where states have been making promises that they have to pay for tomorrow and not putting the money aside today.” - Susan Urahn, managing director at Pew Center on the States.
and…
From the Microsoft Ain’t Dead Yet Department:
“While you are waiting for it, users are still saying ‘I’ll just send you the Excel file’. While you are waiting for it, 94% of the country is getting shit done.” - one very reasonable software engineer
Tagged: FASB, Goldman Sachs, Intuit, MBA, Microsoft, municipal bonds, online applications, Sallie Mae
…more
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