Rangel Tries to Fight Back Against the ‘Times,’ But Gets a Beatdown
The paper published a letter from Charles Rangel alongside a refutation of every single one of its points.
Posted 12/01/08 in Daily Intel
The Greatest Depression
Robert Rubin Digs Himself a Hole, Burrows Into It
In defending his role at Citigroup, the former Treasury secretary succeeds only in making things worse.
Posted 11/25/08 in Daily Intel
The Greatest Depression
Citi Bailout Not Sitting Well With Basically Anyone
Lots of people are saying it's more like a 'shitty bailout.'
Posted 11/24/08 in Daily Intel
Obama Administration
Obama Introduces Cabinet, Discusses Focus on ‘Strong Main Street’
A thriving middle class, the president-elect said, will be key to his economic recovery plan.
Posted 11/20/08 in Daily Intel
The Greatest Depression
‘Dow Doobie Doo Down Down.’
The highs and lows of today's market, as told through the posts on a Manhattan parenting message board.
Posted 11/20/08 in Daily Intel
The Greatest Depression
How to Become a ‘Mancessory’
The current economy means laid-off bankers may have to turn to the oldest profession.
Posted 11/10/08 in The Cut
Luxury Will Never Die?
Debt Threatens Prada, Escada, and More
As markets feel the crunch worldwide, it turns out that European stalwart houses aren't immune.
Posted 11/05/08 in Daily Intel
Early and Often
Now Obama Can Look Forward to Fixing the Horrible Economy!
The obstacles Obama faces, and what he plans to do right out of the gate.
Posted 10/29/08 in Daily Intel
White Men Without Money
Rupert Murdoch Eyeing Sumner Redstone’s Problems With Glee
After years of trying to position himself as a rival to Murdoch, Redstone's getting what he asked for.
Posted 10/24/08 in Daily Intel
The Greatest Depression
Wall Street Readies for a No Good, Very Bad Day
Hey, we're just getting caught up — European and Asian markets have been plummeting for hours now!
Posted 10/23/08 in Daily Intel
Sumnambulism
Sumner Redstone Will Never Sell (Again)
He won't sell off any more shares of CBS or Viacom despite serious oncoming debt deadlines.
Posted 10/16/08 in Daily Intel
The Greatest Depression
When a Random 400-Point Spike Is Par for the Course
The Dow experienced a big bump just before four o'clock — but that doesn't necessarily mean it was a good day.
Posted 10/10/08 in Daily Intel
The Greatest Depression
Sun Crosses World, Leaving Economic Wreckage in Its Wake
Asian markets fell in massive selloffs, followed by European markets. And guess who's next?
Posted 10/08/08 in Daily Intel
The Greatest Depression
FYI We Are So Going to Be Obsessed With Neel Kashkari
In two days, we've gone from knowing nothing about the man who will save us all to knowing too much.
Posted 09/26/08 in Daily Intel
Jerkiani
Giuliani Rubbing His Hands With Glee Over Financial Crisis?
The former mayor's law firm has launched a high-priced task force to consult with companies navigating the crisis.
Posted 09/24/08 in Daily Intel
The Greatest Depression
Buffett’s $5 Billion Goldman Investment Seen As a Calming Influence
The markets already seem more stable as the Oracle of Omaha's move bolsters investor confidence.
Posted 09/23/08 in Daily Intel
The Greatest Despression
Bailout Not So Popular on the Hill
Senators from both parties responded with a range of emotions at the hearing today, from grudgingly cooperative to Paul Revere–style riding-and-yelling levels of alarm.
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