24 October 2008

Gary Larson Works for Standard & Poors and Caused the Credit Meltdown?

I've always wondered what he did after he shuttered his daily The Far Side job, and now we know that he got a job at S&P, because, when cows are at the center of malfeasance, Gary Larson will be there:
Official #1: Btw (by the way) that deal is ridiculous.

Official #2: I know right...model def (definitely) does not capture half the risk.

Official #1: We should not be rating it.

Official #2: We rate every deal. It could be structured by cows and we would rate it
.
(emphasis mine)

Gary Larson rules our world.

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