July 14, 2008
This live map I created of the first batch of Starbucks closures represents an interesting cross-section of the subprime-struck, plus a swath of middle America. View Larger Map[via Consumerist]...
The Seattle Times gets the award for best newspaper front page today for this timely juxtaposition: mortgages and mudslides. [via Gregor]...
Catching up on oodles of good reading today: Solar's hot real estate market (Fortune) Jet fuel premium to fall as air travel industry contracts radically (Bloomberg) Lehman should go private (Bloomberg) Waiting in line: Condos back then, bank run today...
Fascinating data points from an ATA document on how airlines are trying to slim down to save weight and stay in business given jet fuel at record levels: One airline saved over 17 gallons/year per pound of weight per airplane...
A popular bumper sticker after the dot-com collapse of almost a decade ago said something like this: "Please God, just one more bubble." Leaving aside that we had one more -- make that two more -- bubbles, and most...
Meant to mention this sooner, but one of my favorite morning spots to check is RMS's new-ish Current Cat Activity. Keep in mind, of course, that "cat" is short for "catastrophe", and so it's not a tracker for deranged felines....
There is a new Africa ETF out and trading, courtesy of the people at Van Eck Global. Modeled on the Dow Jones Africa Titans 50 Index, the Africa Index ETF is intended to give investors direct exposure to African economies...
Google Finance made a Freudian algorithmic slip earlier today when slapping some artwork beside a story on Freddie & Fannie's problems. Check the company name in the following screen grab (courtesy of reader Daniel):...
Sad day for CNBC, and for me as well: My good friend, neighbor, and sometime CNBC sparring partner friend Herb Greenberg is exiting, stage left. He departed Marketwatch earlier this year -- where he was the site's most consistently interesting...
Peter Wallison at AEI has a missive out applauding the government's move in supporting Freddie/Fannie, but scolding them for fuzziness about their equity purchase plans. If/when they decide to purchase shares they need to wipe out Freddie/Fannie shareholders -- or...
