Posts filed under “Digital Media”

Packaging Debt for Sale

Wall Street devised exotic securities to earn fees from the debt boom

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Source:
Riding the Crest
The Crash: What Went Wrong?
Washington Post, October 15, 2008

http://www.washingtonpost.com/wp-dyn/content/graphic/2008/10/15/GR2008101501040.html

Category: Credit, Derivatives, Digital Media

Industry Implosion

Click for interactive graphic > courtesy of WSJ > Source: The Weekend That Wall Street Died SUSANNE CRAIG, JEFFREY MCCRACKEN, AARON LUCCHETTI and KATE KELLY WSJ, DECEMBER 29, 2008 http://online.wsj.com/article/SB123051066413538349.html

Category: Bailouts, Corporate Management, Derivatives, Digital Media

Wamu Lending

courtesy of NYT > Source: By Saying Yes, WaMu Built Empire on Shaky Loans PETER S. GOODMAN and GRETCHEN MORGENSON NYT, December 27, 2008 http://www.nytimes.com/2008/12/28/business/28wamu.html

Category: Bailouts, Credit, Digital Media, Real Estate

Coal Ash Sludge

Pretty insane stuff in Tennesse: courtesy of NYT > Source: Coal Ash Spill Revives Issue of Its Hazards SHAILA DEWAN NYT, December 24, 2008 http://www.nytimes.com/2008/12/25/us/25sludge.html

Category: Digital Media, Energy, Science

Strange Bedfellows

Prospect‘s choices for top public intellectuals of 2008: Included are Nouriel Roubini and General David Petraeus. My pal Paul points out they make for fascinatingly strange bedfellows

Category: Digital Media, Financial Press

Debt Spree

via NYT > Source: Dollar Shift: Chinese Pockets Filled as Americans’ Emptied MARK LANDLER NYT, December 26, 2008 http://www.nytimes.com/2008/12/26/world/asia/26addiction.html

Category: Credit, Digital Media, Economy

Option Arms

via NYT > Source: Once Trusted Mortgage Pioneers, Now Pariahs MICHAEL MOSS and GERALDINE FABRIKANT NYT, December 24, 2008 http://www.nytimes.com/2008/12/25/business/25sandler.html

Category: Credit, Digital Media, Real Estate

Chopard Miglia GT

Speaking of interesting watches: This Chopard is named after the Mille Miglia automobile race in Italy — note how the watchband, made of a black rubber, has what looks like tire treads built into its design.  Pretty cool watch for 5 grand. print display ad:

Category: Consumer Spending, Digital Media

Santa Claus Rally

Amusing: 5

Category: Digital Media, Markets

States Budget Crises

States are seeking millions of dollars from municipalities. A full list of states with budget shortfalls for the 2009 and 2010 fiscal years is here. > Sources: The Local Burden WSJ, DECEMBER 18, 2008 http://online.wsj.com/public/resources/documents/st_deficit-2010_20081217.html States Squeeze Cities, Spreading the Economic Pain CONOR DOUGHERTY and AMY MERRICK WSJ, DECEMBER 18, 2008 http://online.wsj.com/article/SB122955325187415831.html

Category: Digital Media, Economy, Politics, Taxes and Policy