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  Where the Bubbles Are ProPublica's Jesse Eisinger has been awarded a column in the New York Times, which explains that ProPublica "produces investigative journalism in the public interest." The formulation makes one wonder in whose interest the rest of journalism is published in. The first column explains, "The Russell 2000 stock index, which is made up of smaller companies, has risen about 21 percent since the beginning of September, when investors started to anticipate that the Fed would intervene in an aggressive fashion." And here we had thought the run up in stocks wasn't purely because of the Fed but because of the anticipation that Republicans would win big in November's election and push through extensions of tax cuts. Silly us. Goldman Sachs and Navel Gazing A column in today's New York Times appears under the headline "Goldman Sachs's Navel-Gazing Comes Up Short." The column, provided by the non-profit news organization ProPublica, criticizes Goldman Sachs and advises the firm to break itself up into smaller pieces:
Second Liens and Firsts From a column in today's New York Times provided by ProPublica, a non-profit news organization:
Eisinger on BAC and Buffett ProPublica's Jesse Eisinger, whose work I have criticized in the past, makes a good point in writing about Warren Buffett's investment in Bank of America:
Read It Here First The New York Times makes a Jesse Eisinger column out of that Dallas Fed report on "too big to fail" and banking regulation that was covered here back on March 22. Mr. Einsinger cavils:
The Fed's monetary policy is so "successful" that the housing market bottom is still "elusive," the unemployment rate is still 8.3%, and the value of a dollar as measured in ounces of gold has fallen by about half over the past three years. Hedge Fund Advertising ProPublica has a column, which also runs in the New York Times, critical of the Securities and Exchange Commission's decision to allow hedge funds and other private investment partnerships to advertise in search of investors. The columnist complains that the SEC "not plan to mandate any new process to ensure" that the "investments are appropriate" for the investors. There are at least three flaws with this line of criticism. Hedge Fund Advertising ProPublica has a column, which also runs in the New York Times, critical of the Securities and Exchange Commission's decision to allow hedge funds and other private investment partnerships to advertise in search of investors. The columnist complains that the SEC "not plan to mandate any new process to ensure" that the "investments are appropriate" for the investors. There are at least three flaws with this line of criticism. Read It Here First The New York Times makes a Jesse Eisinger column out of that Dallas Fed report on "too big to fail" and banking regulation that was covered here back on March 22. Mr. Einsinger cavils:
The Fed's monetary policy is so "successful" that the housing market bottom is still "elusive," the unemployment rate is still 8.3%, and the value of a dollar as measured in ounces of gold has fallen by about half over the past three years. Eisinger on BAC and Buffett ProPublica's Jesse Eisinger, whose work I have criticized in the past, makes a good point in writing about Warren Buffett's investment in Bank of America:
Where the Bubbles Are ProPublica's Jesse Eisinger has been awarded a column in the New York Times, which explains that ProPublica "produces investigative journalism in the public interest." The formulation makes one wonder in whose interest the rest of journalism is published in. The first column explains, "The Russell 2000 stock index, which is made up of smaller companies, has risen about 21 percent since the beginning of September, when investors started to anticipate that the Fed would intervene in an aggressive fashion." And here we had thought the run up in stocks wasn't purely because of the Fed but because of the anticipation that Republicans would win big in November's election and push through extensions of tax cuts. Silly us. Goldman Sachs and Navel Gazing A column in today's New York Times appears under the headline "Goldman Sachs's Navel-Gazing Comes Up Short." The column, provided by the non-profit news organization ProPublica, criticizes Goldman Sachs and advises the firm to break itself up into smaller pieces:
Second Liens and Firsts From a column in today's New York Times provided by ProPublica, a non-profit news organization:
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ProPublica, senior reporter Conde Nast Portfolio, Wall Street Editor Wall Street Journal TheStreet.com 1997-1999
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Married to author and former Wall Street Journal reporter Sarah Ellison. |
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