‘Uncategorized’ Archive

Is There Life Left in RadioShack?

by Alexandra Biesada, March 13, 2009, 9:43 am

If you’re like me, I bet you haven’t shopped at RadioShack recently. Or if you have, you probably didn’t spend much. Maybe you picked up a camera battery, a fuse, or some sort of connector. But for …

Liberty City to Wall Street: Grand Theft Auto wags a finger

by Patrice Sarath, March 13, 2009, 8:37 am

From the Department of Audacity Department: The makers of Grand Theft Auto are having fun tweaking the “smartest guys in the room” over the recession brought on by corporate greed and outright malfeasance.

If you don’t want to click on …

The Daily Show entertains us with actual journalism

by Larry Bills, March 9, 2009, 9:46 am

I love it when Jon Stewart steers the national conversation. After eight years of watching the news media reduce itself to little more than stenographers for the Bush Administration, The Daily Show has been …

The subprime mortgage crisis — what Henry Blodget and Adam Gopnik get wrong

by Patrice Sarath, January 6, 2009, 10:18 am

Henry Blodget in The Atlantic blames the people who got subprime mortgage loans. Adam Gopnik in The New Yorker blames — again! — George Bailey. (Sorry, Adam, …

It’s a wonderful recession

by Patrice Sarath, December 22, 2008, 4:34 pm

You know times are tough when “It’s a Wonderful Life” starts taking hits.

Last week’s New York Times points out the iconic movie’s miserable subtext in an essay by Wendell Jamieson. Jamieson points out — and gives a nod …

Coal in your Christmas stocking? Been naughty? No, it’s clean.

by Stuart Hampton, December 17, 2008, 3:04 pm

Old King Coal will be a merry old soul if this Christmas season brought good news about a New Year of increasing commitment to clean coal technology. Big Coal (including coal majors Peabody Energy, CONSOL Energy, …

Barack Obama should look into $700 billion bailout

by Patrice Sarath, November 11, 2008, 7:00 am

The US government’s $700 billion financial services bailout is probably top of mind for President-elect Barack Obama and his transition team. I would like the incoming president and his staff to look over the provisions of the bailout with a microscope and …

Big Pharma goes bargain-hunting

by Kristi Park, November 3, 2008, 7:00 am

As cash-strapped consumers these days are trading in Neiman Marcus for the discount stores, big pharmaceutical companies flush with cash are looking to spend some of that money on bargain-bin acquisitions. Several drugmaking giants have indicated their intentions to use the economic downturn to snap …

Ackman’s Real Estate Deal is Off-Target

by Alexandra Biesada, October 31, 2008, 7:00 am

A hedge fund manager who owns just shy of 10% of Target’s shares is asking the nation’s #2 discounter to consider a plan to …

Congressional hearings: the ratings agencies get their turn

by Patrice Sarath, October 30, 2008, 7:00 am

“The operation was a success but the patient died.” Sound familiar? We’ve heard much the same excuse from UBS and other banking companies lo these many months. “Our risk assessments and investment strategies were rigorous and accurate and worked exactly how they were supposed …