Financial Crisis Inquiry Commission: A Lame Duck
If you watch the video of the Financial Crisis Inquiry Commission’s Q&A with the nation’s top four banks’ CEOs, a sense of hopelessness comes onto you. It was almost financial market 101.
Alcoa’s Earning Good News Or Bad?
You wouldn’t know if you read both Bloomberg and WSJ.
Alcoa Profit Trails Estimates Amid Currency Costs is Bloomberg’s headline, and it seems like Alcoa missed analyst estimates terribly.
Hey, but if you read the Journal story, Alcoa “narrowed losses” and “strengthened revenues.” Things are getting much better.
Both are accurate facts, but the different focus makes one story positive and the other very negative. Who says facts do not lie?
The New Pair of Best Friends On the Street
It’s all about partners, duos, trios and so on. The new duos – you can’t ignore it when Meredith Whitney is the top headline of CNBN every month, are unquestionably the famed analyst and her loyal interviewer, Maria Bartiromo. How long will their friendship, and Whitney’s rock star treatment by the network, last? It’s getting boring…
Chinese Ambassador to the UK
Yu Ying ">talks to the Economist over - yes, tea.
Slow News Day Forever Ever
When this is THE headline, you know it’s a slow news day. But after the last two years, everyday might feel like a slow news day.
CNBC Beware
The WSJ made a giant leap forward today with some professionals shooting/editing its video clips. It’s got a hot hostess too: Kelly Evans. Now let’s see how readers respond.
Some Rare Straight Talk
From Josephe Stiglitz:
The Biggest Swindle of the Century
And the biggest story of the century, from Bernie’s shoes, boat to his finger nails…
AR
The birth of a hedge fund magazine…
Bear And Bull Arm Wrestling
At crossroads, or an illusion?
