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March 18, 2009

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Is This What They Call Cosmic Irony?

You Know It’s Bad When …:

Insurance companies say they have no choice but to honor contracts, and banks are pleading that their assets will be worth more if you just give them a little time.

For anyone, especially in business, who has tried to make those same arguments to insurers and bankers, to no avail, it’s painfully rich.

Tim-sig.gif
Posted March 18, 2009 at 8:15 | Comments (0) | Permasnark
File under: Briefly Noted, Snarkonomics
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