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Current DateTime: 01:16:01 09 Feb 2012
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CONTRIBUTORS


Current DateTime: 01:16:01 09 Feb 2012
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  • Cindy Perman

      News Editor at CNBC.com and the author of The Pony Blog (ponyblog.cnbc.com). She has also written a book, “New York Curiosities,” and does stand-up comedy.

  • Jane Wells

      CNBC business news reporter, based in Los Angeles, covering the defense and technology industries. She writes the CNBC.com blog Funny Business.

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ABOUT THIS BLOG

The news can get a little heavy sometimes, with debt crises, vicious markets and crappy earnings reports. So, we dispatched our crack reporters, Cindy Perman and Jane Wells, to find some levity amid all this seriousness. May we offer you a Keynesian cocktail with a side of bacon?

Why a Pony? To be clear, there were no ponies harmed in the making of this blog. The blog’s name, “There Must Be a Pony In Here Somewhere,” comes from an old joke, a favorite of Ronald Reagan’s, that essentially means, with a pile of you-know-what this big, there MUST be a pony—a bright side—in here somewhere!

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There Must Be A Pony In Here Somewhere

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Mar.18
4:31 PM ET
Wednesday, 18 Mar 2009

Sesame Street Explains the Madoff Scandal

Mommy, what's a Ponzi scheme?

"Who Ate My Cookies?" a two-man play by the Sesame Street Playas

Mommy: Well, Jimmy, let's say you have two friends and they each had $50. And each of them had two friends and they each had $50.

Jimmy: Mommy, I don't have any money.

Mommy: OK, well, um ... Let's say you have two friends and they each have two cookies ...

And then the Cookie Monster comes along and ...

Cookie Monster: COOKIE MONSTER LOOOOOOOOOOVE COOKIES!

A nom nom nom nom ...

In this dramatic re-enactment, Jimmy Kimmel [DIS  Loading...      ()   ] recruits Ernie and the Cookie Monster from Sesame Street to help explain the Madoff Scandal in a recent sketch (see video below).

Tune in next week, when Ernie and Cookie Monster try to explain the AIG mess. [AIG  Loading...      ()   ]

Mommy, where do bonuses come from?

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