Monday, January 21, 2013

Financial Sarcasm Roundup for 01/21/13

The stock market had the day off today for a federal holiday.  I did not receive any invitations to the various inaugural balls and parties tonight in Washington D.C. so I'll just have to make the best of it.

Atari is going through another troubled reorganization.  This isn't the same company that pioneered home video games in the 1980s.  Getting into mobile games may be a blessing in disguise once all the other early movers like Zynga realize they can't make money.  I'll bet some ten-year old would love to play Pac-Man or Defender on an iPad.

Global jobless workers are at an all-time numerical high.  They are now sufficiently numerous to populate their very own superpower.  Let's call it Nojobistan.  It has a GDP of zero and probably a negative net worth once we amalgamate the personal indebtedness of its citizens.

Another ex-Microsoftie brings the company's management secrets out into the open.  You mean to tell me that life at the top of a major corporation is a cutthroat, dog-eat-dog competition where only the most Machiavellian players win?  Really?  How about that.  Anyone not up for that can become a schoolteacher or government records clerk.

It's World Economic Forum time again!  Global big shots meet in Davos to discuss financial market manipulation over cocktails.  My invitation must have been lost in the mail.  I give them kudos for acknowledging the low level of trust the public expresses in their ability to lead.  That means it's time for the blue bloods to step aside and put me in charge.  Save me a seat for next year.