http://www.nytimes.com/reuters/2013/02/26/business/26reuters-usa-fdic-earnings.html?src=busln&nl=business&emc=edit_dlbkpm_20130226&_r=0

The U.S. banking industry in 2012 recorded its highest earnings since before the 2007-2009 financial crisis, according to data released on Tuesday by the Federal Deposit Insurance Corp.

The FDIC said the industry’s full-year earnings were the second-highest on record at $141.3 billion, an increase over 2011 of $22.9 billion, or 19.3 percent.

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Forget that being-worth-a-thousand-words thing. The picture and its caption in this Krugman blog post are … priceless.  (I just about fell out of my chair when I saw that.  And, five minutes later, I’m still laughing.)

Tags: mainstream-journalism gimmickry, Paul Krugman, the sequester Comments (0) | Digg Facebook Twitter |