Disgraceful Gloom at AP: Mortgage Crisis Could Lead to Depression
November 24th, 2007 3:25 PM
*****Update at end of post includes detailed response to unhappy e-mail messages concerning this subject.As someone that has done a lot of economic writing and financial media analysis, I'm used to gloom and doom from journalists. However, Saturday's Associated Press article concerning the credit crunch and how it's impacting the mortgage market could be the worst example of economic and…
WaPo Gives Convicted 'King of Torts' 1,500 Words to Whine
November 12th, 2007 9:48 PM
Those wondering why circulation at the Washington Post has dropped over 15% in the past 2-1/2 years will get a large part of their answer at Sunday's Page B01 column by William Lerach ("Loser CEOs, Raking It In"; HT Rory Miller). That's Bill Lerach. Yes, THAT Bill Lerach. The self-styled, one-time "King of Torts," and former partner at the once-untouchable Milberg Weiss law firm. The now…
CNBC’s Cramer Calls Liberal New York AG ‘Communist
November 7th, 2007 5:47 PM
Leave it to resident CNBC loose cannon Jim Cramer to take it upon himself to call a spade a spade or a red a red. Cramer, host of the CNBC’s “Mad Money” called liberal Democratic New York State Attorney General Andrew Cuomo as “communist” on CNBC’s November 7 “Street Signs.” “[W]itness the fact that right now, the most important man in America for the stock market – the most important man and…
CNNMoney.com E-mail Doesn't Acknowledge Dow Crossing
October 1st, 2007 4:29 PM
Ya gotta love this e-mail from CNNMoney.com: So what level has did the Dow reach, O friendly CNN e-mailer? Could it possibly have been a nice round number? Like, say, 14000? You wouldn't want readers to pick up any unwarranted optimism, would you?