The Punchline - Most Recent

Pages

The Trader and St. Peter

Nov 11, 2008
A minister dies and is waiting in line at the Pearly Gates. Ahead of him is a guy dressed in a very sharp suit....

Mergers and Consolidations

Nov 4, 2008
Because of the ongoing market turmoil, several companies are merging in order to survive. Some results of these mergers:...
Posted In: 3M, consolidtations, fedex, goodyear, mergers

Stripped of value

Oct 24, 2008
From the Daily Show with John Stewart......
Posted In: AIG, Lehman Brothers, Morgan Stanley

Some things never change

Oct 24, 2008
This comes from Mark Twain, but still applies ......
Posted In: Mark Twain, months

He's got a million of 'em . . .

Oct 24, 2008
From Jay Leno, NBC's Tonight Show:...
Posted In: Jay Leno, Lehman Brothers, unemployed

Heard across the pond . . .

Oct 24, 2008
From the U.K ......

Balance sheets, Bush and Bentley . . .

Oct 24, 2008
Jokes collected by The New York Times' Freakonomics blog from its readers ......
Posted In: balance sheets, Bentley, Bush, Lehman Brothers

Pages

 

About this collection

A near billion dollar company, World Finance is the largest of an often-overlooked breed of high-cost lender: installment lenders. Ranging from a few hundred to a few thousand dollars, the loans typically last anywhere from six months to three years. The industry boasts millions of customers and over 4,000 locations across at least 19 states, mostly in the south and Midwest, and touts the product as a consumer-friendly alternative to payday loans. World and its competitors gouge borrowers with unnecessary insurance products and persuade their customers to renew their loans over and over again, creating a cycle of debt that often grinds on for years.