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Journal of nicholas (3034)

Wednesday January 28, 2009
02:09 PM

schadenfreude

[ #38359 ]

In the meantime, I have lately found myself really missing the popularity of the credit-default swap, in that I would really love to be able to buy credit-default swaps on people. For example, if I know someone has a particular credit card and I think their spending is out of control, I could buy a swap on, say, their AmEx. Certainly a vulture idea, but what evil fun it would be to bet against your “frenemies”…

This Machiavellian money making scheme brought to you by lolfed.

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