2 days ago
Anil : Monoculture Is Bad For Business - It's been demonstrated over and over again, but businesses refuse to learn the lesson: Homogeneity is its own punishment in the world of business. From the Washington Post today: [T]he experience of the past year suggests that we desperately need to br
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Linkorama : Cheat, Pray, Love: Financial Page: The New Yorker - There is, though, one crime against property which bucks this trend: defrauding investors. On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough. While bank robbers are getting busier, the Bernard Ma
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nelson : NYT OpEd on the financial crisis - Scathing, detailed argument that the government's response to the financial crisis has been exactly wrong. Read the followup, too.
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Greg Storey : Vox Stimuli. - BusinessWeek's blog on Obama's upcoming New Deal '09.
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Greg Storey : "Belief in the mission matters (a lot!), but it doesn't replace skill." - Agreed.
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Greg Storey : "If we're so smart, why are other people living so much better than us?" - We're not smart, we're entitled!
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deusx : McSweeney's Internet Tendency: Atlas Shrugged Updated for the Current Financial Crisis.
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deusx : Op-Ed Contributor - Let Detroit Go Bankrupt - NYTimes.com - "IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed. Without that bailout,
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Greg Storey : "If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye." - Throw them to the lions, let nature sort them out.
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nelson : Spam economics - Researches infiltrate the Storm botnet, get amazing data on the results
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Greg Storey : The subprime mortgage crisis Xplane'd. - I love Xplane. They can do no wrong.
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philgyford : Financial crisis timeline | Business | guardian.co.uk - Handy summary of the past month's descent into madness. Ideal for someone who's, say, been travelling through central Asia for four weeks...
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Greg Storey : The economic crisis could be the end of green... - but green may be how we end this financial crisis."
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Linkorama : The United States is now, in some very general sense, bankrupt - The US is Bankrupt. The problem isn't liquidity, but solvency. Compulsary mark down all mortgage value by 20-30%. Bold!
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Linkorama : A Power That May Not Stay So Super - “The political system does not deal well with gradual, long-term problems,” Peter Orszag, the director of the Congressional Budget Office, said. “It deals with crises, often imperfectly, but it does deal with them. The current experience makes the c
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3 month ago
Linkorama : World on the edge | The Economist - Central banks have co-ordinated their liquidity operations. Now that oil prices have plunged and worries about inflation are receding, interest-rate cuts are possible. They would be more powerful if co-ordinated. But it is not only central banks that need
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3 month ago
Greg Storey : "It would be arrogant to believe that even the strongest of Internet media companies can simply shrug off the coming decline in consumer spending." - — Nick Denton
Cameron Moll : NYT: Gawker Cutbacks an Early Indicator of Ad Slowdown - NYT: Gawker Cutbacks an Early Indicator of Ad Slowdown. Many of us in technology industry, specifically dotcoms, have been largely shielded from the economic woes suffered by other industries the last couple months. I've said before that as soon as we sta
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3 month ago
Greg Storey : The Snowball: Warren Buffett and the Business of Life. - Great but when does the movie come out?
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3 month ago
Greg Storey : Khoi, I hope you like huntin'. - Oh, and the Bible. You had better brush up on the Old Testament.
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3 month ago
Linkorama : naked capitalism: Mussolini-Style Corporatism in Action: - Treasury Conference Call on Bailout Bill to Investors (Updated)
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3 month ago
Linkorama : Top 10 Articles About the Financial Crisis - Of the many articles I’ve read about the financial crisis, the following ten have been the most informative. Read them all, and I think you will have a very solid understanding of what is going on.
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3 month ago
Linkorama : Gabe Wachob: My Tweet-Summary of the "Bailout Bill"
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3 month ago
Linkorama : House clears $25bn for carmakers - The House of Representatives on Wednesday approved a $25bn package of low-cost loans to help hard-pressed carmakers and their suppliers finance plant modernisation at a time of restricted access to public capital markets.
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4 month ago
Eric Meyer : How We Became the United States of France - Again without comment; again, too serious. I suspect there'll be a number of these over the weeks/months/years.
Linkorama : How We Became the United States of France - TIME - Macaroni and cheese has supplanted credit default swaps at the fulcrum of capitalism.
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4 month ago
Linkorama : Paul Kedrosky: Text of Paulson Plan - the two key numbers: $700-billion and $3-trillion. The former is the amount that Paulson would like authorized for securities purchases, and the latter is the amount by which Paulson would like to "temporarily" increase the U.S. debt limit.
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