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LOL! Goldman Sacks and AIG got an Ig Nobel Prize in economics!

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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-02-10 03:52 PM
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LOL! Goldman Sacks and AIG got an Ig Nobel Prize in economics!
But there was also a serious side to go along with the silliness. The Ig Nobel economics prize went to AIG, Goldman Sachs and other fallen financial firms for "creating and promoting new ways to invest money" - ways that led to trillions of dollars in losses worldwide. Marc Abrahams, editor of the Annals of Improbable Research and the event's master of ceremonies, told The Associated Press that he tried to invite the company's executives to the ceremony.

"We made a few attempts, but soon realized it probably would not be possible," Abrahams said. "They never responded, not even with a 'no thank you.'"

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http://cosmiclog.msnbc.msn.com/_news/2010/09/30/5210395-slime-mold-wins-geeky-prize-again
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muriel_volestrangler Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-02-10 04:16 PM
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1. And BP for chemistry:
" Chemistry Prize: Eric Adams of MIT, Scott Socolofsky of Texas A&M University, Stephen Masutani of the University of Hawaii, and BP, for disproving the old belief that oil and water don't mix.

Reference: "Review of Deep Oil Spill Modeling Activity Supported by the Deep Spill JIP and Offshore Operator's Committee. Final Report," Eric Adams and Scott Socolofsky, 2005."
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