[vodpod id=Groupvideo.2773213&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] I get it now. Took me a week or so to catch on to why everyone’s avatar was green on Twitter and why everyone really gave a damn. The two leaders involved in the contested election looked like Coke and Pepsi to me. But now I’m starting to care. Here’s an explanation from…
New York Times
Obama's New Regulations
Here comes the heavy hand… At 12:50 pm today, The Street will get the news from the horses mouth as President Obama unveils some details on his new plans to regulate he financial industry. He’s already set the table, having released an 85 page document underlining the goals of this new spate of regulatory reform….
Dodd-Watch: Peter Schiff Needs to Commit for CT's Sake
[vodpod id=Groupvideo.2723133&w=425&h=350&fv=autoplay%3Dfalse] Gail Collins wrote a balanced watered-down Op-Ed in the New York Times yesterday about how busy Connecticut Senator Chris Dodd‘s been over the last year, sponsoring basically every bill that comes before the Senate. Yes, you always want to look busy in the workplace to cover up ineptitude. Collins works in Dodd’s incredibly…
More Hot Links: Tech Edition
More Hot Links for Weekend Reading The New York Times Media & Advertising section comes out blasting at the tech blogs that are eating into the Times’ audience. They point out how often the big tech blogs like Gizmodo and TechCrunch run with false rumors either deliberately or because of sloppiness, such as the recent…
Schadenfreude Pick of the Week: Lawyer Layoffs in NYC
[vodpod id=Groupvideo.2681542&w=425&h=350&fv=] OK guys, here’s your Schadenfreude Pick of the Week… From the New York Times: Now Mr. Verrier, who had worked exclusively at the century-old firm since leaving Harvard Law School in 1982, sat in his office high above 44th Street and Avenue of the Americas, considering the e-mail message he was about to…
Creativity vs. the Quants
It was only a matter of time… From the New York Times: (Advertising firms) are bringing some Wall Street-like analysis to Madison Avenue, exploiting the huge amounts of data produced by the Internet to adjust strategy almost instantly. So now instead of someone coming up with the next great tagline or catchy ad slogan, the…
Hot Links: Bling, the 90's, Wharton and American CEO's
Hot Links for Weekend Reading… What was the best post of the year in each of Knowledge@Wharton‘s first ten years? Here’s what David Merkel of the Aleph Blog thinks are the thirteen most important aspects to our current economy. The Wall Street Journal needs to look itself in the mirror after this one: The Bling Culture…
Hot Links: Too Lazy To Post Edition
Hot Links for Friday Reading Hey kids, here’s what I’m reading this morning… What’s the most thankless job you can think of? Try being Irving Picard, the Decider of the Madoff affair. Trustee in Madoff Case (NYT) More from the “commercial real estate is the next shoe to drop” camp. New Debt Fears in Commercial…
Hooray for the Credit Card and Loaded Weapon Bill!
Pop quiz: What’s the quickest way to ensure that credit availability to consumers will dry up immediately? That’s an easy one…make it less profitable for credit card issuers to lend! Combined with the additional risk of lending in a recession, that’ll do the trick. And that’s exactly what Obama‘s anti-business gang did next: From the…
Repaying TARP for a Return to Gluttony
I challenge you to find an article about the major banks wishing to repay TARP that doesn’t blatantly cite compensation as the banks primary motivation. Here’s a taste from Dealbook (NYT): Goldman Sachs, Morgan Stanley and JPMorgan Chase have said for weeks that they want to repay their share of the $700 billion government bailout…