Right-wing blogs and news sites are talking about about “financial crisis.” We’re tracking the latest headlines on this topic and update this page with links as they come in.
Neil Young's latest music video addresses the financial crisis head-on. That is exactly how I read my WSJ everyday. Uncanny.
Artist Jota Castro perfectly captures the moment with an installation utilizing rolled dollar bills. And it has nothing to do with drugs.
Business Buzz Kurland, former No. 2 at mortgage company Countrywide, is now raking in the dough by buying up failed mortgages. His story kind of boggles the mind.
You'll never guess. Gerry Pasciucco (formerly of Morgan Stanley) currently heads AIG's disgraced Financial Products division (yup, the one that caused all that trouble). I can't decide whether this is humorously ironic or frighteningly deluded.
http://www.time.com/time/business/article/0,8599,1883785,... ![[link]](http://s2.buzzfeed.com/static/images/public/icons/external-link2.png){kind=icon}
Those smug bastards over at Time magazine have drawn up a list of the ten major newspapers most likely to go under or go digital very soon. Topping the list is the Philadelphia Daily News, which nobody reads anyway (I'm from Philly), but some non-second-rate papers included on the list are the Chicago Sun-Times and the Boston Globe, which is reportedly losing $1 million each week.
Celebrate the financial crisis and the fat-cats who are getting away with it with a shiny new “kleptocracy” T-shirt. If you can afford it.
Circuit City is going out of business and EVERYTHING MUST GO. Looks like you can get a great deal on basic neurosurgery!
The short and simple story of the credit crisis. This is the thesis work of Jonathan Jarvis, a student at the Art Center College of Design in Pasadena, California, and reminds me of that great This American Life episode from last fall. It's kinda fun to watch.
Curious how bad it really is? As the “green line of doom” shows us, pretty freakin' bad.
http://www.slate.com/id/2207067/
“The Cruise persona, like a junk bond, was never meant to reach maturity.” This article is actually more interested in how the market explains Tom Cruise's dwindling career, but how great do feel about your portfolio when you think about it in terms of War of the Worlds?
http://www.nytimes.com/2008/12/28/business/28wamu.html?pa...
The Times takes a look at WaMu's no-loan-too-insanely-implausible culture. They once approved a loan for a borrower who claimed to be making a six-figure income as a mariachi singer. Oh, and the WaMu employee who approved the loan had drug paraphernalia just sitting out on his desk, because the place was just that crazy.
http://online.wsj.com/article/SB123032660060735767.html#p...
The Wall Street Journal has a great story on how the global financial crisis caused Iceland's entire economy to collapse. Poor Bjork!
An illustration of the difference in price (adjusted for inflation) between government spending on the bailout and …other huge stuff. In other words, we're doomed.
http://www.thedailybeast.com/blogs-and-stories/2008-12-11...
A philosophical comparison between Oprah's massive weight gain and America's financial crisis. If Oprah represents the credit crunch, does that make Steadman George W. Bush? (Because, you see, both are nowhere to be found.)
Calvin's lemonade stand turns out to be an excellent metaphor for our current economic predicament.
Business Buzz The dreamy CEO of Merrill Lynch has been forced out by Bank of America. He kind of had it coming after that $10 million bonus debacle, but he will always be the “Cutest Villain of the Financial Crisis” in my heart.
http://mcsweeneys.net/2008/11/20tucker.html
Ayn Rand's Objectivist tract gets updated for our current financial predicament. It's also more readable than Ayn herself.
http://us.rd.yahoo.com/dailynews/rss/mostemailed/*http://...
Six U.S. governors and a group of chief executives on Thursday urged the Bush administration in a letter to aid the embattled auto industry, while the White House rebuffed a request for direct support of a merger between GM and Chrysler.
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