Krugman believes people want someone who is “serious”: In a way, you can’t blame Mr. McCain for campaigning on trivia—after all, it’s worked in the past. Most notably, President Bush got within hanging-chads-and-butterfly-ballot range of the White House only because much of the news media, rather than focusing on the candidates’ policy proposals, focused on […]
Via Dr. Black, Alpha Bank and Trust of Alpharetta is now FDIC-owned. In related news, PNC is paying about $5.6 billion for midwest-based National City, which was a major player in subprime until everyone realized they weren’t any good at it. As noted previously, the claim was that monies given to “regional leaders” such as […]
In the “correlation may not be causation, but the trend is your friend” category. Republican Vice Presidential candidate Sarah Palin—at the request of McCain-supporting Flyer owner Ed Snider—dropped the puck in celebration of “hockey moms” at the Flyers home (and season) opener. That was October 11th. They lost. Followed by five more losses (three in […]
And sometimes it would be better if it stayed that way. Remember, Real Business Cycle is when you look back at the Perfect Storm and note how calm the water is now. Yes, I know. prize in honor of and all that.
The Nigerians appear to be back, sending me the same e-mail as before, clearly in desperation: My Friends, I hope you’ll take the time today to read the email below from Governor Palin. I guess everyone else had my reaction. (As an aside, am I the only one who sees “My Friends” at the opening […]
Ms. mochi-tsuki discovers that the Washington Post has no copyeditors and cannot do math. If this were another blog, I would be typing “Why, oh why, can’t we have a better press corps” here. Instead, let’s just leave it at: if you can’t extract data from the census correctly, what are you doing publishing a […]
at Erin’s place. Tom puts an end to the “oh, they were just mistakes” tax argument: The thing about [Sarah Palin taking her spouse and especially her kids with her on business trips]…is that the attempt to edit the terms of the trips after the fact could be seen as evidence of intent to commit […]
Late to the party, but FelixMatthew Malone (via The Divine Bess) quotes from Andrew Lahde’s good-bye letter, the follow-up to the one in which he noted that he only plays fair games, and the Fed is currently rigging the roulette wheel, so he’s taking his 800%+ return from last year and going home. This ‘graf […]
The leadership at Wells Fargo must be royally peeved at this point: Stable national players like Bank of America, JPMorgan Chase, and Wells Fargo are already digesting acquisitions. A second group of so-called super-regional banks are well positioned to take over their competitors, officials said, but have been reluctant to undertake or unable to complete […]
Dear Supporter, If you caught my guest appearance on Saturday Night Live this weekend, you may have seen an ad or two (or twenty) from Senator Obama’s campaign. This barrage of advertising is adding up to the most expensive negative ad buy in political history. And these ads are funded with the nearly $200 million […]