Posts filed under “Financial Press”
The Top 10 quotes of 2008, as compiled by the editor of the Yale Book of Quotations:
2. “All of them, any of them that have been in front of me over all these years.” — Palin, responding to a request by CBS anchor Katie Couric to name the newspapers or magazines she reads, broadcast Oct. 1.
4. “It’s not based on any particular data point, we just wanted to choose a really large number.” — a Treasury Department spokeswoman explaining how the $700 billion number was chosen for the initial bailout, quoted on Forbes.com Sept. 23.
6. “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.” — the Treasury Department’s proposed Emergency Economic Stabilization Act, September 2008.
8. “I’ll see you at the debates, b——.” — Paris Hilton in a video responding to a McCain television campaign ad, August 2008.
10. (tie) “Anyone who says we’re in a recession, or heading into one — especially the worst one since the Great Depression — is making up his own private definition of “`recession.’” — commentator Donald Luskin, the day before Lehman Brothers filed for bankruptcy, The Washington Post, Sept. 14.
Top ten quotes of 2008
NYPost, December 15th 2008, 9:48 AM
World’s 25 Most Influential Companies: 1. Wal-Mart 2. Toyota 3. Saudi Aramco 4. JPMorgan Chase 5. Unilever 6. China Mobile 7. Microsoft 8. News Corp. 9. 3M 10. Apple 11. Google 12. Huawei 13. Monsanto 14. YKK 15. Nielsen 16. Jarden 17. Intuit 18. Autodesk 19. HCL Technologies 20. Japan Steel Works 21. Sirius XM…Read More
The Sunday New York Times has a front page article more or less blaming Bush for the housing and credit crisis. Its part of their “The Reckoning” series, and it is in some ways, off base. The long article (written by 3 people) comes close to some real truths, but it veers off, focusing on…Read More
In 2001, reporter Erin Arvedlund wrote an article for the financial weekly Barrons that was skeptical of Bernard Madoff’s strategy and performance on Wall Street. She questioned how Madoff was able to offer good returns. She talks with Steve Inskeep about the impetus for her story and what she learned in the process.
Morning Edition, December 18, 2008
Columbia Journalism Review interviews the Miami Herald reporter whose series we have highlighted here many times. JD: I expected there would be some criminal histories. There’s gonna be a few pot possessions and stuff like that. The law said that they were supposed to screen brokers for crimes involving fraud, dishonesty, and “moral turpitude”, which…Read More
Very cool article in the Sunday Boston Globe: A field guide to economics and finance blogs: “As the bailout plan unfolded, the bloggers offered historical context along with cutting critiques of the proposal. More important still, they offered counterproposals: direct capital injections into banks, for example, or direct purchases of mortgages. Many of their readers…Read More
There’s no reason you should be following this silly little fight between Paul Krugman and Amity Shlaes. It centers around a false distinction but has wandered into a grudge match between two very different personalities. Krugman is abrasive but brilliant. Shlaes is plodding and tendentious. The funny thing is that they agree but neither wants…Read More