September 21, 2008
It alternately amusing and discouraging to look back at news stories from 2002/3 and see how studiedly ex-Fed chair Alan Greenspan dismissed the idea of a housing bubble in the U.S. He called it "quite unlikely", said that there...
Oliver Stone, the director of the movie Wall Street, was reminiscing with the Wall Street Journal this week. At the end of the discussion he divulged the following: “I have stocks. I don’t even know what the [fuck] they are...
A friend of mine pointed out in an email this morning that since all we taxpayers are party to a big transaction (i.e., bailing out the U.S. financial system), Treasury should send us all fine new Lucite-encased tombstones for the...
Like it or not, Time and Newsweek talk to a huge swath of the population. And both discovered the credit crisis this week -- but took strikingly different approaches. Time buried itself in populist rhetoric and awful accounting, while Newsweek...
Here is a sneak peek at some links from my weekly Weekend Reading column over at TheStreet.com. Fact sheet from Treasury with Saturday night revisions allowing foreign banks into program (Treasury) How author Ian Rankin managers his money (Telegraph) The...
