How to Deal with Toxic Assets

Michael Giberson

The ever quotable Yzma, from Disney’s The Emperor’s New Groove:

Ah, how shall I do it? Oh, I know. I’ll turn him into a flea, a harmless, little flea, and then I’ll put that flea in a box, and then I’ll put that box inside of another box, and then I’ll mail that box to myself, and when it arrives… [insert demonic laughter here] …I’ll smash it with a hammer!

It’s brilliant, brilliant, brilliant, I tell you! Genius, I say!

Yzma, of course, is working on a plan to dispose of Kuzco, but it kind of sounds like the general strategy for getting “toxic assets” off of the balance sheets of financial institutions.

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