Tuesday, May 18, 2010

Riddles for The Week

#1
What gets wetter and wetter the more it dries?



#2

You throw away the outside and cook the inside. Then you eat the outside and throw away the inside. What did you eat?


#3

What goes up and down the stairs without moving?


#4

What can you catch but not throw?


#5

I can run but not walk. Wherever I go, thought follows close behind. What am I?


#6
What's black and white and red all over?



#7

What goes around the world but stays in a corner?


#8

I have holes in my top and bottom, my left and right, and in the middle. But I still hold water. What am I?


#9

Give me food, and I will live; give me water, and I will die. What am I?


#10

The man who invented it doesn't want it. The man who bought it doesn't need it. The man who needs it doesn't know it. What is it?


Go here for the answers...........http://www.rinkworks.com/brainfood/p/riddles1.shtml

Friday, May 7, 2010

Paul McCulley noted that the debt crisis (the shadow banking system, subprime mortgages, SIVs, etc.) was the equivalent of an under-age drinking party with the rating agencies handing out fake IDs.


That about sums it up!