Credit Writedowns » journalism

Jon Stewart on Warren Buffett and the Class Warfare meme

Edward Harrison — Sat, 20 Aug 2011 13:30:38 +0000

Jon Stewart has noticed that Fox News is selling viewers on the view that ‘socialists’ like Warren Buffet and Barack Obama are engaged in class warfare. He presents an amusing view; take a look

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Jon Stewart on Warren Buffett and the Class Warfare meme originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Warren: The middle class “became the turkey at the thanksgiving dinner" 15 Oct 2009
Charlie Rose: An Hour with Warren Buffett 18 Aug 2011
More Warren Buffett on CNBC 9 Mar 2009

On Eurobonds and Italian default

Edward Harrison — Mon, 15 Aug 2011 17:30:54 +0000

The bottom line is this: many in Northern Europe see this crisis as the result of the fiscal profligacy of bad actors which were known before the Euro’s existence to be bad actors. All of these countries except Spain have been running huge deficits throughout the last decade. In my view, Edward Hugh makes the right macro assessment - Italy is the elephant in the euro room, not Spain - and asks the right questions: Can Italy Grow Its Way Out of Debt? If it can’t, eventually Italy will default and the euro will be finished

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
On Eurobonds and Italian default originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Otmar Issing: Germans Should Just Say No to Eurobonds 5 Dec 2010
On ECB liquidity, Eurobonds and the civil unrest of austerity 14 Aug 2011
Munchau Says Eurobonds Would End Sovereign Debt Crisis 6 Dec 2010

Jon Stewart on Dickishness

Edward Harrison — Sun, 03 Jul 2011 00:00:46 +0000

Jon Stewart gives his opinion on Mark Halperin’s calling the President a Dick

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Jon Stewart on Dickishness originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

On Dickishness 1 Jul 2011
Jon Stewart takes on Fox News 30 Oct 2009
Jim Cramer on CNBC: Any mention of Jon Stewart? 13 Mar 2009

On Dickishness

Marshall Auerback — Fri, 01 Jul 2011 16:00:51 +0000

It may not have been the most felicitous choice of phrase, but Mark Halperin’s characterization of Barack Obama was not far off the mark, even if he did get suspended for it

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
On Dickishness originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts No related posts.

Why I Won’t Support More Bailouts

Guest Author — Wed, 11 May 2011 10:00:35 +0000

The following editorial by Timo Soini, the head of the True Finns party in Finland, on perceived corporatism in the EU bailouts of the eurozone periphery appeared in Monday's Wall Street Journal. We are reprinting it here because the original version was posted and then inexplicably edited, excising key bits of the argument. Below, the areas which are highlighted are the excised bits. (hat tip Karl Denninger.)

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Why I Won’t Support More Bailouts originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Election Result may Restrict German Government Support for Periphery 28 Mar 2011
Some Thoughts On The Fed and Bank Bailouts 1 Dec 2010
Links On The Non-TARP Bailouts, The European Debt Crisis And More 1 Dec 2010

More free money from Google for site scrapers

Edward Harrison — Tue, 26 Apr 2011 13:00:38 +0000

Back in December I wrote an article on how site scrapers were gaming Google's search algorithm in order to make advertising money from articles that they scrape from RSS feeds. Just after I wrote this piece, Google got religion about spam sites and revamped their search engine results to penalize content farms. Yet, the problem with scrapers still remains

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
More free money from Google for site scrapers originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Site Scrapers Find Free Money on the Web 3 Dec 2010
Wadhwa: Google Search Still Needs ‘A Lot More Work’ 1 Mar 2011
Google: Why I am switching from FeedBurner to FeedBlitz 1 May 2009

Fiat Justitia Ruat Caelum

William Black — Sun, 17 Apr 2011 16:45:29 +0000

It is one of the paradoxes of life that the most practical means to ensure that the system does not collapse is to insist on justice for all and to ignore demands for special treatment premised on claims that justice places the system at grave risk of collapse. Nietzsche argued that the ubermensch (generally translated as “Superman”) transcended the normal rules. The elites claim impunity from normal rules on the basis of their purported superiority and because they claim that they are so important that applying the normal rules to them will harm society. Some pigs are more equal than others. What any competent financial regulator learns is that the best way to destroy a financial system is to refuse to hold the elites accountable. Regulators that insist on doing justice prevent the heavens from falling.

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Fiat Justitia Ruat Caelum originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts No related posts.

60 Minutes on The Next Housing Shock

Edward Harrison — Mon, 04 Apr 2011 13:30:07 +0000

"60 Minutes" aired a segment last night on the foreclosure fraud that we in the blogosphere have been discussing for sometime. See "Videos: Depositions of Alleged Robo-Signers From Nationwide Title Clearing" from November, for example. It’s good to see this issue go mainstream. The video is embedded below, but let me make a few comments

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
60 Minutes on The Next Housing Shock originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

60 Minutes profiles strategic defaults 10 May 2010
60 Minutes – Pigeon Fever and Ponzi Schemes on Wall Street 19 Feb 2010
Ben Bernanke in his own words on 60 Minutes 16 Mar 2009

SNL Spoof of Mark Zuckerberg of Facebook and Julian Assange of WikiLeaks

Edward Harrison — Mon, 20 Dec 2010 15:45:58 +0000

A funny look at Time's selection of Mark Zuckerberg for Person of the Year over Julian Assange

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
SNL Spoof of Mark Zuckerberg of Facebook and Julian Assange of WikiLeaks originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Mark Zuckerberg Makes The Case For Facebook at D8 3 Jun 2010
Julian Robertson: “We’re in for some real rough sledding” 25 Sep 2009
The Future of Facebook 19 Oct 2010

Site Scrapers Find Free Money on the Web

Edward Harrison — Fri, 03 Dec 2010 17:00:00 +0000

This is about how site scrapers use loopholes in the Google Search algorithm to rank highly for content they scrape from the sites of others. These activities may eventually become an issue for regulatory officials since Google also earns revenue from these practices in the online advertising space that it dominates

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Site Scrapers Find Free Money on the Web originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts No related posts.

Some Thoughts On The Fed and Bank Bailouts

Edward Harrison — Wed, 01 Dec 2010 20:00:05 +0000

Walter Bagehot wrote an eponymous financial book in the 19th century called Lombard Street, giving advice on finance and banking. The most important and quoted piece of advice Bagehot gave was to the Central Bank, in this case the Bank of England. He told them to "Lend freely at a high rate, on good collateral." This is something the Federal Reserve has failed to do during the credit crisis. The Fed lent freely, but at an low rate, on dodgy collateral

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Some Thoughts On The Fed and Bank Bailouts originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Asymmetric information and corporate governance in bank bailouts 19 Jun 2009
An update on asymmetric information and corporate governance in bank bailouts 21 Oct 2010
Rationalizing cover-ups and AIG bailouts at the Fed 25 Jan 2010

How the Fed and the Treasury Stonewalled Mark Pittman to His Dying Breath

Guest Author — Fri, 19 Nov 2010 15:15:53 +0000

Originally published at www.CounterPunch.org. by Pam Martens On the President’s first day in office on January 21, 2009, he issued an Open Government memo promising the American people a new era of transparency. On March 19, 2009, under the President’s orders, the Attorney General’s office issued detailed guidelines on how Federal agencies were to respond

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
How the Fed and the Treasury Stonewalled Mark Pittman to His Dying Breath originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Mark-to-market is dead 2 Apr 2009
Mark Thoma: Libertarians and populists are against Bernanke 17 Dec 2009
Mark to market is beside the point 13 Mar 2009

Bloomberg Freedom Of Information Act Lawsuit Goes To Supreme Court Without Fed

Edward Harrison — Tue, 26 Oct 2010 19:18:41 +0000

In November of 2008, I reported a lawsuit brought by Bloomberg News which requested the Federal Reserve disclose which securities it had accepted on behalf of taxpayers as collateral for $1.5 trillion in loans to banks during the financial crisis (see original story here). Since then, the courts have backed Bloomberg’s suit under the Freedom

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Bloomberg Freedom Of Information Act Lawsuit Goes To Supreme Court Without Fed originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Bloomberg wins Freedom of Information lawsuit against Fed 24 Aug 2009
Bloomberg News sues the Fed under Freedom of Information Act 7 Nov 2008
Fed continues to stonewall in Freedom of Information Act suit 26 Nov 2008

Kartik Athreya for Fed Chairman

Frederick Sheehan — Thu, 01 Jul 2010 15:00:00 +0000

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Federal Reserve economist Kartik Athreya has written what all Federal Reserve apologists believe: "Economics is Hard. Don’t Let Bloggers Tell You Otherwise." This paper of June 17, 2010,

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Kartik Athreya for Fed Chairman originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

A Speech: “Chairman Greenspan: A Fiat Mind for a Fiat Age” 27 May 2010

Other Alpha Sources

Claus Vistesen — Wed, 30 Jun 2010 18:00:00 +0000

A post on the latest economics debates by Claus Vistesen Steve Waldman has a very good post this week about the folly about the austerity vs non-austerity discussion which seems to be going the rounds at the moment. In fact, it you take a mental picture of the current financial market discourse most arguments can

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Other Alpha Sources originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts No related posts.

More On The Supposed Economic Illiteracy Of Bloggers And Other Links

Edward Harrison — Wed, 30 Jun 2010 15:00:00 +0000

Must-reads Rajiv Sethi: On Blogs and Economic Discourse Time to shut down the US Federal Reserve? – Telegraph Blogs The Usual Fare Morgan Stanley – Global Economic Forum – The Case for Argentina Leaving oil spill alone might have been better for environment – National Post Zoo plans to bring rare animals back from the

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
More On The Supposed Economic Illiteracy Of Bloggers And Other Links originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

On Bloggers’ Supposed Economic Ignorance and Other Links 29 Jun 2010
Economic Bloggers in the spotlight 26 Aug 2009
Links: 2009-01-19 – banks and bloggers 19 Jan 2009

On Bloggers’ Supposed Economic Ignorance and Other Links

Edward Harrison — Tue, 29 Jun 2010 12:48:49 +0000

In defense of bloggers on the economy Marginal Revolution: How hard is economics? Signal and Noise in Economics Writing, Arnold Kling | EconLog | Library of Economics and Liberty Matthew Yglesias » Do I Have Anything Interesting to Say? TheMoneyIllusion » Why won’t those &$*%#@ bloggers go away? FT Alphaville » Bloggers can’t do economics.

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
On Bloggers’ Supposed Economic Ignorance and Other Links originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Economic Bloggers in the spotlight 26 Aug 2009
Links: 2009-01-19 – banks and bloggers 19 Jan 2009
Economic News And World Cup Links 28 Jun 2010

Portrait of the anonymous online poster

Edward Harrison — Mon, 21 Jun 2010 13:29:39 +0000

Check out the related article at the Globe below. Where are the gals, pray tell? Hat tip Tracy Alloway Source: Inside the mind of the anonymous online poster – Boston Globe Related Posts No related posts. More About: blog, Business, funny, journalism, media

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Portrait of the anonymous online poster originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts No related posts.

Edward Hugh profiled in the New York Times and other links

Edward Harrison — Wed, 09 Jun 2010 13:32:02 +0000

Must-Read Blog Prophet of Euro Zone Doom – NYTimes.com The Usual Fare BBC News – Finland in double-dip recession Sarkozy, Merkel urge faster EU curbs on speculation – National Post BP well may be spewing 100,000 barrels a day, scientist says | McClatchy Guest Post: Predatory Pharma – An End to Too Big to Nail?

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Edward Hugh profiled in the New York Times and other links originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

New York Times caught copying financial blogs 17 Feb 2010
Edward Chancellor on the Paradox of Public Thrift and Other Links 6 Jun 2010
Links: 2010-02-27 – IMF in Greece, New York in disrepair and more 27 Feb 2010

Lena Horne: 1917-2010

Edward Harrison — Tue, 11 May 2010 01:40:58 +0000

Sources Lena Horne Dies at Age 92 – Art Beat Lena Horne – Wikipedia Lena Horne Obituary – The State, SC Remembering Groundbreaking Jazz Icon, Actress Lena Horne – PBS Related Posts No related posts. More About: cinema, journalism, media, Society

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Lena Horne: 1917-2010 originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts No related posts.

Full Statement of UK Prime Minister Gordon Brown on Decision to Step Down

Edward Harrison — Mon, 10 May 2010 20:56:10 +0000

Below is the transcript of Brown’s remarks. "We have a parliamentary and not presidential system in this country and as I said on Friday, with no party able to command a parliamentary majority arising from the general election, my constitutional duty as prime minister is to ensure that government continues while parties explore options for

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Full Statement of UK Prime Minister Gordon Brown on Decision to Step Down originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Quote of the day: Gordon Brown, get your bazooka 8 Sep 2008
FSA: Gordon Brown complicit in credit bust 12 Mar 2009
Jon Stewart: French Finance Minister Lagarde interview 20 Jul 2009

Is the Goldman case a one-off or the first of many?

Edward Harrison — Tue, 20 Apr 2010 15:04:25 +0000

This is THE issue that everyone wants to know. When I wrote the The politics of the Goldman fraud case and referred to "leeway in how to proceed later against Goldman and other firms using the same practice," I meant that it was not at all clear whether this was a politically-motivated one–off or the

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Is the Goldman case a one-off or the first of many? originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

The politics of the Goldman fraud case 19 Apr 2010
Links: 2010-04-19 Goldman and more Goldman 19 Apr 2010
Bloomberg is coming down hard on Goldman 10 Jul 2009

Vicky Ward: On Lehman "we really do need prosecutors to get people into a courtroom"

Edward Harrison — Thu, 15 Apr 2010 17:16:05 +0000

Vicky Ward, author of "The Devil’s Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers," told Bloomberg that prosecutors need to get going if we are going to get any answers regarding why Lehman Brothers collapsed in a heap in the largest bankruptcy in US history and revealing a massive $150 billion

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Vicky Ward: On Lehman "we really do need prosecutors to get people into a courtroom" originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

It’s about personal responsibility. No one made people buy these cars 4 Mar 2010
Lehman Scandal: Where’s the Follow Up? 23 Mar 2010
Lehman pension shortfall is a foreshadowing 23 Sep 2008

Twitter’s Evan Williams explains strategy, revenue and promoted tweets

Edward Harrison — Thu, 15 Apr 2010 00:21:16 +0000

Also see: Twitter Has a Plan to Make Money With Ads – NYTimes.com Library of Congress to Preserve Tweets for Eternity – Mashable Bit.ly Links Get Clicked 3.4 Billion Times A Month, New Features Coming – Tech Crunch The Twitter Platform’s Inflection Point – A VC Does Rest Of World Matter More Than The US?

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Twitter’s Evan Williams explains strategy, revenue and promoted tweets originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Twitter founder Evan Williams on Charlie Rose 4 Mar 2009
Sheila Bair explains FDIC strategy to Bartiromo 16 Sep 2009

Recovery Triumphalism and the Committee to Save Wall Street

Edward Harrison — Tue, 13 Apr 2010 12:40:00 +0000

I am starting a new list of articles on my reading list which point to the success of what Marshall Auerback calls "The Committee to Save Wall Street," with this Newsweek cover as a contrarian indicator. The point is that the propaganda machine is out in full force. We are likely to see some serious

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Recovery Triumphalism and the Committee to Save Wall Street originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

60 Minutes – Pigeon Fever and Ponzi Schemes on Wall Street 19 Feb 2010
WSJ Video: The End of Wall Street – Part One 22 Jul 2009
WSJ Video: The End of Wall Street – Part Two 23 Jul 2009

Koo, White, Soros and Akerloff videos from inaugural INET conference

Edward Harrison — Sun, 11 Apr 2010 12:35:00 +0000

These videos are from the Inaugural Institute of New Economic Thinking (INET) conference in Cambridge. Hat Tip Mark Thoma. Related Posts Banking Committee: Videos of CEOs’ opening statements 11 Feb 2009 Soros: ‘Markets have moods’ 1 Jul 2009 Soros: ‘the dollar is a very weak currency except all the others’ 1 Jul 2009 More About:

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Koo, White, Soros and Akerloff videos from inaugural INET conference originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Banking Committee: Videos of CEOs’ opening statements 11 Feb 2009
Soros: ‘Markets have moods’ 1 Jul 2009
Soros: ‘the dollar is a very weak currency except all the others’ 1 Jul 2009

Which media companies will have a hard time adapting?

Edward Harrison — Thu, 08 Apr 2010 14:40:59 +0000

I originally wrote this post under a different title yesterday. I have changed the title to more accurately reflect what I am driving at in the post. Otherwise the post is exactly the same. The question is: which media companies will find their revenue streams threatened by the shift in the financial media landscape? I

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Which media companies will have a hard time adapting? originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Mortgage fraud indictments result from media investigation 17 Mar 2010
Insurance companies now feeding at the TARP trough 15 May 2009
Bloomberg is coming down hard on Goldman 10 Jul 2009

Lehman’s collapse and the future of financial news

Edward Harrison — Wed, 07 Apr 2010 14:34:17 +0000

I was on a panel of bloggers at a conference at the Columbia School of International and Public Affairs, “Facing the Fracture: Media & Economic Understanding.” The event, organized by Anya Schiffrin and sponsored by the Roosevelt Institute, brought some pretty smart journalists together to talk about the future of financial journalism in the face

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Lehman’s collapse and the future of financial news originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Sweden prepares for financial collapse in Latvia and major bank losses at home 5 Oct 2009
News round-up: 20 Aug 2008 – financial institutions special edition 20 Aug 2008
Russian economic collapse 24 Feb 2009

A few thoughts on the difference between blogs and news

Edward Harrison — Mon, 05 Apr 2010 17:04:09 +0000

I am on my way to a conference called Facing the Fracture: The Media and the Economic Crisis at Columbia University sponsored by the Roosevelt Institute and I wanted to run a few thoughts on blogging by you. What I am going to say applies as much in the political blogosphere as it does in

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
A few thoughts on the difference between blogs and news originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

New York Times caught copying financial blogs 17 Feb 2010
The Top 25 Finance and Economics Blogs 18 Nov 2008
The 50 Best Business Blogs of 2008 19 Dec 2008

Mortgage fraud indictments result from media investigation

Edward Harrison — Wed, 17 Mar 2010 18:03:14 +0000

Mortgage fraud was rampant during the housing boom. Regulators were asleep at the wheel during all of this. But now we are getting some indictments as WFAA News 8 in Dallas reports (hat tip Housing Wire). This television station did the dirty work for regulators and uncovered massive amounts of mortgage fraud. Byron Harris reports:

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Mortgage fraud indictments result from media investigation originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Whitney Tilson of T2 Partners, a new media darling, strikes a bullish tone 26 May 2009
Short sale fraud 20 Jan 2010
Janet Tavakoli on fraud, derivatives, and bankruptcy 3 Oct 2009

Stat of the Day: Home loan delinquencies going bad faster than fixes

Edward Harrison — Tue, 16 Mar 2010 22:19:38 +0000

I see Diana Olick’s recent comments about government mortgage modification programs as proof that these props will not work. She says: Despite extraordinary loss mitigation efforts that have resulted in the execution of approximately two million loan modifications – including the federal government’s Home Affordable Modification Program (HAMP) trial periods – the number of new

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Stat of the Day: Home loan delinquencies going bad faster than fixes originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Seattle Home Loan Bank short of capital 13 Jan 2009
What Home-Loan Banks reveal about the effects of mark-to-market 21 May 2009
Extend and pretend and the growing divide between delinquencies and foreclosures 28 Oct 2009

Michael Lewis and Wall Street’s Doomsday Machine

Edward Harrison — Mon, 15 Mar 2010 13:00:00 +0000

Michael Lewis is out with a new book “The Big Short: Inside the Doomsday Machine” which discusses how the big hitters on Wall Street destroyed $1.75 trillion of capital. His phrase ‘Doomsday Machine’ is reminiscent of former IMF chief economist Simon Johnson’s ‘Doom Loop’ phraseology which I reviewed two weeks ago. Below, Lewis discusses his

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Michael Lewis and Wall Street’s Doomsday Machine originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Ken Lewis points the finger at Bernanke and Paulson 11 Jun 2009
Ken Lewis defends Bank of America’s stress test results 8 May 2009
Ken Lewis is out as Chairman of Bank of America 29 Apr 2009

The Economy’s Vicious Cycle for Michigan Banks and Business

Edward Harrison — Mon, 15 Mar 2010 00:54:32 +0000

The video below from the Wall Street Journal gets at the heart of why the bailouts have been so toxic for the economy. Banks, still laden with existing bad loans to small businesses, are unwilling to make new ones. Businesses, unable to receive credit, cannot expand or must downsize. This in turn puts a squeeze

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
The Economy’s Vicious Cycle for Michigan Banks and Business originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Bank failures in Georgia crushing small business and home owners 3 Dec 2009
A populist interpretation of the latest Boom-Bust cycle 23 Mar 2008
The 50 Best Business Blogs of 2008 19 Dec 2008

Spain’s debt woes and Germany’s intransigence lead to double dip

Edward Harrison — Wed, 10 Mar 2010 08:18:04 +0000

The Bloomberg video is a bit sensationalist in my opinion. But it gets to the heart of the problem in Europe, namely Spain. Spain has an economy and debt which is an order of magnitude larger than Greece. That means that problems in Spain are more critical than in Greece. But it also means that

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Spain’s debt woes and Germany’s intransigence lead to double dip originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Alpert: Two years until we see market-clearing prices in housing market

Edward Harrison — Tue, 09 Mar 2010 20:33:12 +0000

Ann Lee and Dan Alpert joined Bloomberg’s Pimm Fox today to talk about the housing market recovery. Lee, a professor of finance at New York University, was sceptical that population growth predicts any substantial increase in housing transactions and prices simply due to the continued pressure on wages and disposable income. and Dan Alpert, managing

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Alpert: Two years until we see market-clearing prices in housing market originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

UK house prices fall most in 15 years 5 Jun 2008
Housing Prices 29 Apr 2008
UK housing prices down a record 29 May 2008