We're starting something new here at Dr. G. This is the first issue of this eponymous blog. In the interest of brevity, we will comment on the world situation in three sentences or less on any one subject. Lest you fear that it will detract from the purple prose you have come to expect of our posts I can assure you that we will continue to bring you the excellent entertainment you have come to expect of this site. Quick Takes will be in addition to the thoughtful pieces, affording our audience the benefit of our wisdom without an undue strain on the writers' time.
Quick Takes: February 23, 2009
Citibank and BofA have cut their dividend to very small amounts. Any company that loses money should pay zero dividends. If a stockholder wants a return of his capital, he should sell his stock.
If AIG is bleeding money because it is paying the bank for toxic mortgages they insured, why are the banks also losing money on the same mortgages?
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