New York Times Co. shares are up more than 8% today on heavy trading. The reason: a rumor going around that Mexican billionaire Carlos Slim might want to take the company private. Wowza. If you know more, email us. UPDATE: More »
Apparently, because CNBC switches from markets to curling at the closing bell, Wall Street‘s money-making titans have become huge curling fans. Expect the sport to sell out soon and become a hollowed-out corporate shell designed to maximize ad revenue. [NYT] More »
The Way We Live Now: Nursing ourselves back to health. Slowly and painstakingly, we’re seeing signs of life in our most precious damaged institutions. Like Wall Street bonus pools, and bank fees, and…
To help Americans learn to love the bank that just destroyed the nation of Greece, Goldman Sachs head Lloyd Blankfein is bringing in a media relations firm run by former Bush aide Dan Bartlett.
The…
The Way We Live Now: Unregulated. No man, god, country or law shall hold us back from our vast material ambitions! What matters is not that no one has any money; what matters is that our malevolent…
The Way We Live Now: Blaming the victim. People, stop! It’s crazy! We know you’re angry about your unemployment and poverty and endless coupon-clipping. But golf-happy bankers are not the…
MGM, once known for its roaring lion, Gone with the Wind and James Bond, is teetering on bankruptcy. Author Edward Jay Epstein explains how the studio’s latest misadventure resulted from Hollywood’s…
Here’s a teaser trailer for Oliver Stone’s new, either-really-timely-or-really-dated Wall Street sequel, Wall Street: Money Never Sleeps. Which is true! But it does burn in credit fires. Anyway,…