journalism

The video linked below is a must-see piece of journalistic skepticism. The duo at Bloomberg News are discussing the recent alleged theft of trading code by a former Goldman employee Sergey Aleynikov who moved to a hedge fund called Citadel…

In reaction to recent comments about more stimulus by Laura Tyson, an advisor to President Obama, we have seen a host of commentators make their opinion known.  Here are two more  well regarded pundits: James Galbraith and Warren Buffett. …

When news first broke regarding the ethnic tensions and violence in Xinjiang, China, I was not familiar with the situation there.  I have gotten up to speed and wanted to post a few videos and links for you on the situation there.…

Laura Tyson, an advisor to President Barack Obama, said in a speech to day in the lead up to the –8 conference that the ground work for a potential second stimulus bill must be laid now. To be sure, the G-8 leaders are expected to recommend…

This can't be good. A group of the biggest U.S. banks said they would stop accepting California's IOUs on Friday, adding pressure on the state to close its $26.3 billion annual budget gap. The development is the latest twist in…

Peterson is the former Nixon cabinet secretary and founder of the Blackstone Group. He is also a well-known deficit hawk and founder of the Peterson Foundation.  He recently wrote his autobiography, “The Education of an American…

The fundamentals in Asia are much stronger than they are in the U.S. or in Europe. This bodes well for a recovery in the region.  Nevertheless, there is reason to worry because here is a video warning about an Asian-wide bubble in the…

In America tomorrow is July 4th, which is a big celebration.  For a lot of people it means fireworks.  But, fireworks are actually pretty dangerous.  So before you go out and buy those illegal M-80s, you need to watch this…

When we saw the Case-Shiller data for April on Tuesday, I noted that New York was the most overpriced metro area in the Composite-20 as prices there were still 70% above January 2000 levels.  This is changing fast.  Bloomberg…

Now, Bill Gross, the Bond King, knows that bonds go up in price when bad economic data comes out.  So, leaving aside the desire to talk one’s own book, I think Gross makes a number of good points on CNBC about the unemployment data…