July 9, 2008
You have to love the three-day adventure in Freddie Mac stock this week. The federal financier is getting alternately hugged and kicked by the markets. Today it was kicked. Hard. There are a lot of people out there who simply...
I'm a big fan of those trading days, like today, when the only things that do well are the drug stocks. So deliriously self-reinforcing....
Today's chart of the day shows how loan standards and costs have climbed together over the last 2.5 years, making it tougher to get credit than it has been in a decade. Apparently Earth loans aren't easy. [via Bloomberg]...
Must watch: Charlie Rose in an hour-long discussion with JPMorgan CEO Jamie Dimon. After watching it, go read selectively from the viewer posts -- including some scathing stuff from at least one ex-JPM employee -- on the Charlie Rose site....
Tech's two big hitters -- the NYT's David Pogue and the WSJ's Walt Mossberg -- have out their reviews for the new iPhone 3G, and they're surprisingly so-so about Apple's upgrade. To be released Friday, the iPhone 3G is supposed...