–A page one story by Landon Thomas Jr. on Monday looks at Irish debt, and what it portends for Europe. John Bruton, former prime minister of that embattled nation, assures us via Bloomberg that a default is unthinkable — short-sellers, beware. The ever astute Morgan Kelly, however, warns that while bad loans to developers have [...]
Given the media obsession with a certain beyond-the-fringe GOP Senate candidate from Delaware, it is easy to imagine an Election Night banner headline like this: “CHRISTINE O’DONNELL DEFEATED.” Then in smaller type: “Concession Speech Sets Ratings Record.” And finally in tiny type: “Republicans make sweeping gains in House and Senate.” By now, even yak herders [...]
I agree with Jill Lawrence’s tweet about that hit piece on Christine O’Donnell — that it’s “absolutely, totally, offensively out of line.” But in my estimation, this story is more about the tabloidization of political news (see Sarah Palin’s interview with “Entertainment Tonight”) and the desire for outlets to generate page views and ad impressions, [...]
The federal government’s exit plan from the American International Group involves one of the largest corporate reorganizations in history. It contemplates the conversion and sale of $49.1 billion in the government’s preferred share ownership interests, the $15.5 billion sale of A.I.G.’s Alico subsidiary to MetLife, the approximately $15 billion initial public offering of the company’s [...]
“Sterilize black women, problem solved.” That is just one comment — with plenty of recommends — that accompanies a Washington Post story on poor children in Washington, D.C., and its suburbs. The article uses census statistics to show three out of 10 children in the District live in poverty, “with the number of poor African [...]
Iranian President Mahmoud Ahmadinejad, in New York this week for a United Nations disarmament conference, said Sunday that his country’s decision to release one of three American hikers who had been held in prison for 13 months was “a huge humanitarian gesture” and brushed aside questions about the death-by-stoning sentence for an Iranian woman as [...]
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