For months now, the Greek economy has been in freefall, bringing Europe and the rest of the world economy down with them. How did this happen? We contacted noted New York Times economist Paul Krugman and asked for his take. Until he gets back to us, we made up this list. (Come on, Krugman!
Facebook is going public this week, which means you can now buy stock in the company! Well, YOU can’t — the stocks are extremely sought after and you have to be pretty well-connected to get your hands on them. And let’s face facts — if you’re reading the MAD website, you’re probably not well-connected. (Hell, you’re lucky just to be internet-connected). So since we’ll never see one in person, we’re giving a sneak peek of what the actual stock certificates will look like!
Click the image to make it bigger!
JPMorgan Chase, the country's largest bank, just announced they lost $2 billion, primarily in derivatives. Since no one on the face of the earth knows exactly what derivatives are, we suspect the bank is lying. We tasked esteemed New York Times economist Paul Krugman to get to the bottom of this financial debacle. He refused. So we made up this list.
Yesterday, North Carolina voters went to the polls and overwhelmingly approved an amendment to their state constitution banning same-sex marriage. To find out why, we took to the streets of the Tar Heel State and asked the people.