The Sarcasm Report v.242

September 13, 2015
Pimco, Fidelity Stung by Collapse of Petrobras's 100-Year Bond

When Petroleo Brasileiro SA sold 100-year bonds in June, the move was largely seen as a sign the corruption-tainted oil producer had put the worst of its problems behind it.

The sign was crystal clear.

Attention Yield Seeking American Investors: Would Our Corruption-Tainted Company Really Be Selling You 100-Year Bonds If the Worst of Our Problems Weren't Behind Us?

Quote of the Day

July 31, 2015
A $600 million coal mine just sold for less than $1

As seen in the comments:

Well done Obama this is one promise you kept jobs and tax dollars gone. - JAMES

Quote of the day? Not exactly.

Wait, so a Brazilian company and a Japanese company sell their Australian joint venture to an Australian miner and somehow Obama is tied in to it? - Gamer

Bingo! As a fellow gamer and firm believer that Obama cannot possibly be responsible for every bad thing that has ever happened, is happening, and will happen, I might be a tad biased though. Your call.