Bill Black is so steamed about a recent New York Times story on the indictment of former partners of the failed law firm Dewey & LeBoeuf that he’s written two posts about it. And they say a great deal about what is rotten at the New York Times.
Read more...We live in a world built on such an overkill of 24/7 propaganda and misinformation that some of it easily slips by. Especially when the topic is the Ukraine.
Read more...We were surprised and pleased when a reporter from the Reuters publication peHUB, Chris Witkowsky, contacted us a couple of days ago about the suit we had filed against CalPERS, the California Public Employees Retirement Systems, over their refusal to provide us with information they had given to three Oxford academics who had used that data as the basis for a recently-published paper.
Read more...Yves here. The writing is delicious. But one thing that is frustrating (and of course quite deliberate) in reading the Western media account of the standoff in Ukraine is that they airbrush out how the West stoked this conflict and can hardly be surprised that Putin finally felt compelled to respond.
Read more...The Sochi Olympics were the great success Russia hoped for.
Read more...Climate change is a hard policy question to address because it pits those who believe in evidence against those committed to knowing as little as possible.
Read more...It’s fun to see someone who got themselves in a hole keep digging deeper.
Read more...Now we know how much it takes to buy PBS programming: $3.5 million.
Read more...The escalating debt crisis in Puerto Rico, where default or bankruptcy look to be likely outcomes, has gotten only cursory notice from the media. That’s quite an oversight when you look at the size and potential impact.
Read more...Yves here. Chase Madar describes the curious phenomenon of how, on an economic and military basis, Israel should be regarded as a client state, yet operates as an equal partner and even tries to dictate US policy. America’s involvement in the Middle East is one of the big drivers of our ongoing military commitments (which increasingly look like overreach) and our ties to Israel help keep the US mired. This in turn has implications for domestic policy, since high levels of military spending compete with other uses, most notably, social programs.
Read more...When Lambert sent me the link to a New Republic article, “The Onion Has Become America’s Finest Marxist News Source,” I first assumed that TNR was engaging in a bit of humorous flattery, as in taking a page from The Onion’s own book in highlighting its success. But on further inspection, I could be wrong. Readers, please help!
Read more...Yves here. This has been such a busy week that I’ve been remiss about commenting on how Dimon’s board rewarded him despite the London Whale fiasco and the revelation of pervasive regulatory abuses. Clearly, they thought he bought the bank’s way out of trouble on the cheap, disproving the wailing in the financial firm toadying media that the Morgan bank had been ill-treated by the Administration.
Read more...Today is the day when bloggers are asked to promote less-well-trafficked sites they like.
Read more...Here’s the scoop: When it comes to climate change, there is no “story,” not in the normal news sense anyway.
Read more...You know it’s bad when Bloomberg’s editors attack the banks’ win against regulators, in this case, their success in watering down already-too-generous Basel III capital requirements. And they look primed to score a twofer on pending rulemaking on trading in physical commodities.
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