Posted 02/13/09 in Daily Intel
The Greatest Depression
For Hundreds of Lawyers, It’s Going to Be a Long Weekend
They'll have President's Day off ... and then every day thereafter.
Posted 02/13/09 in Daily Intel
Geniuses
Flying Financier Marcus Schrenker’s Wife Was ‘Shocked’ He Turned Out to Be a Wackjob
The wife of disgraced financier Marcus Schrenker went on the 'Today' show this morning to clear her name.
Posted 02/13/09 in Daily Intel
White Men With Money
Will R. Allen Stanford Top Bernie Madoff?
The SEC is looking into the Caribbean-based financier, who has $51 billion under management.
Posted 02/12/09 in Daily Intel
The Bonus Buster
Merrill’s Decision to Pay Out $3.6 Billion in Bonuses Is ‘Nothing Short of Staggering,’ Says Cuomo
The Bonus Buster is LITERALLY freaking out about Merrill Lynch.
Posted 02/12/09 in Daily Intel
Great Minds
Keynesian Economist Katie Lee Joel Nails the Paradox of the Greatest Depression
The cookbook author and wife of Billy Joel offers some familiar counsel.
Posted 02/12/09 in Daily Intel
Made-off
Were Ruth and Bernie Madoff the Ian Brady and Myra Hindley of Finance?
Was she in on it? We consider the possibilities.
Posted 02/11/09 in Daily Intel
Inevitable Things
‘Bag Lady’ Alexandra Penney Will Be Off the Streets A Little Longer
Bernie Madoff taketh away, but he also giveth.
Posted 02/11/09 in Daily Intel
The Great Stimulation
Senate and House Have Reached a Deal on Stimulus
House and Senate leaders have reportedly agreed on a scaled-down plan, with a $789.5 billion price tag.
Posted 02/11/09 in Daily Intel
White Men With Money
Why Should Vulture Investors Help Out America When America Is So Mean to Them?
"Vulture" investors are sick of looking like the carrion-eating creeps they are.
Posted 02/11/09 in Daily Intel
Scenes From a Meltdown
McGraw-Hill Kills Book Critical of S&P;
Writer Barry Ritzholz gets slammed by his publisher for taking down their ratings subsidiary in a book.
Posted 02/10/09 in Daily Intel
Media Deathwatch
The Media Says Au Revoir to All That
HarperCollins is laying off staffers, the Toronto 'Metro' is written by interns, and approximately 41,000 media jobs have been slashed since the start of the recession. But things are looking up in France!
Posted 02/10/09 in Daily Intel
White Men With Money
CEOs Prepare for ‘Public Anal Exam’
Tomorrow, a number of Wall Street's top CEOs are scheduled to testify in front of Barney Frank's Financial Services Committee. They're not looking forward to it.
Posted 02/10/09 in Daily Intel
The Greatest Depression
Daily Intel’s Economic Stimulus Plan
New York needs a cash injection, and we know just the people who should give it to us.
Posted 02/10/09 in Daily Intel
The Greatest Depression
Times Points Finger at Geithner
The revamped bailout is déjà vu all over again, they point out, and it's the new Treasury secretary's fault.
Posted 02/09/09 in Daily Intel
The Downturnaround
Rock and Roll Is Recession-Proof
In today's digest of good economic news: Hedge funds get back on the plus side, Nate Silver applies his magical mind to the economy, and rock and roll plays so loud it can't even hear the recession.
Posted 02/09/09 in Daily Intel
Made-off
Fairfield Greenwich Founder Forced to Sell Jet
Latest move toward liquidation crimps Melanie Tucker's bridge style.
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