WSJ’s Deputy Markets Editor Dennis Berman tells colleague Evan Newmark what he thinks about the Citigroup bailout. He says the rescue raises questions about the viability of the rest of the U.S. banking system.
(Nov. 24)
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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November 24th, 2008 at 6:56 pm
The embedded videos still don’t work in Firefox. Please include links to the original sources.
November 24th, 2008 at 7:16 pm
Its_Science: Use the IE Tab addon. It allows you to open a new tab in Firefox that is rendered by the IE engine so you can see the video.
November 24th, 2008 at 8:11 pm
No worky in Firefox. Not good at all. Also, why is the header of this blog so ugly and big? It takes up at least 3 inches of my monitor, should be 1 in max. I don’t like to scroll down just to be able to read the title of the article (exaggeration). Is the next move to only allow 5 lines of text on each page so that i have to click ‘next page’ 10 times to read the full article?
November 25th, 2008 at 10:07 am
@ Its_Science Says:
November 24th, 2008 at 6:56 pm
The embedded videos still don’t work in Firefox. Please include links to the original sources.
I have no problem with FF 2.0.0.18 on my MacBook