It has been no secret that home lenders are in some serious trouble as borrowers are having troubles making payments on their mortgages. Even American Home Mortgage Investments, the then-nation’s 10th largest home lender filed for…
There is a lot of China import-bashing in the news and a lot of it warranted – food health and safety issues and now toy recalls. But it has spurred protectionist rhetoric in the media while ignoring costs.
On the August 15 “…
It has been a topsy-turvy few weeks for the stock markets, as fear of tightening credit markets fueled by prime and subprime mortgage woes have frightened the news media. The business media have been alternately hysterical and calm about…
What’s happening to the stock market? One thing is certain – the network news shows have no idea.
The August 10 NBC “Nightly News” turned to ‘Armageddon’ soothsayer Jim Cramer. ABC…
The media have found their new poster boy to rail against the coal industry.
MSNBC’s “Countdown with Keith Olbermann,” but with Allison Stewart filling in for an absent…
Despite all the bombs thrown by media, News Corp. CEO Rupert Murdoch was still able to work out a deal for the Wall Street Journal. But, journalists almost kept it from happening.
“Murdoch…