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From the Editors
The $700 Billion Failout?
Congress's zillion-dollar economic rescue vote last week failed to stop stock markets from tanking, and it's not good out there. "Apparently the markets don't like the bailout passing much more than they liked it not passing," says Government Bytes. The Dow passed 10,000--"in the wrong direction," noted Paul Krugman. A Wall Street Journal report today concludes Investors Succumb to Fears of Recession, but "other than really dumb mofos, does anybody really think the fear of recession is just now impacting the markets?" asks The Big Picture. The credit-crunchy meltdown (now 99 cents at Taco Bell) remains on the menu as banks still won't lend, says Marketwatch.
Jobs Lives, Citizen Journalism Not So Much
Citizen journalism lost some of its original luster after an anonymous goon known only as "Johntw" last Friday used CNN's iReport site to break the false news that Apple CEO Steve Jobs had suffered a heart attack. The rumor zipped across the Net like a free Radiohead track, and Apple's share price fell 10 percent before rebounding, reported Digital Media. Silicon Alley Insider posted the bogusness quickly ("We knew that our readers would want to know about the story and evaluate it for themselves") and called it "a big moment for citizen journalism"--but not long afterward admitted "citizen journalism...just failed its first significant test." Hey, everybody--Steve Jobs is fine!! (Probably.) Epicenter recalls that Apple's share price has been victimized by false rumors before.
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10 Popular Stock Blogs
24/7 Wall Street
Recent Posts: Strategic Hotels & Resorts: Bill Gates Vs. Goldman Sachs (BEE) • More ETF's Bite The Dust, Including Wal-Mart ETF (SAW, PUF, MYP, WSI, WMT) • The Witch Burning At Yahoo! (YHOO) Turns Ugly
Blogging Stocks
Recent Posts: Citigroup and Wells Fargo call a Wachovia truce • Massachusetts postpones $750 million short-term debt sale due to credit crunch • Safeway (SWY) misses, but still gets rewarded on Wall Street
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Infectious Greed
Recent Posts: CBO on Pension Plan Losses and Underfunding • Ben Bernanke Shouts "Boo" at Market • Cramer on Colbert: Fedoras and Bread Crumbs
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Recent Posts: U.S. Rate Cuts Not So 'Stealthy' Anymore • @VIC: Tilson & Tongue on Housing- Keep Your House Off the Market • NABE Forecasts Recession
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Footnoted.org
Recent Posts: Short list continues to grow… • Lots of security expenses at Abraxis… • GE couldn’t wait on its new sharp warnings…
The Kirk Report
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Recent Blog Posts
CBO on Pension Plan Losses and Underfunding
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Ben Bernanke Shouts "Boo" at Market
The obligatory tag cloud of Ben Bernanke's NABE speech today. Gosh, other than using scary words like liquidity, funding, Congress, developments, risks, stability, lending, rates and that sort of thing… Read more »
Harold
What DVDHarold has a gentle sense of humour that is refreshing because it is never mean-spirited and doesn’t resort to nasty gross-out humour. And that, in this day and age, is… Read more »
High and Low: Criterion Collection
This film is one of those rare examples where the cinematic adaptation actually transcends its source material. In the hands of an auteur like Akira Kurosawa, High and Low is… Read more »
The missing SNL bailout skit — Not so Funny Anymore
The Mudville GazetteMichelle Malkin has a theory. One of the rapacious couples featured in the skit was Herbert and Marion Sandler (portrayed by Darrell Hammond and Casey Wilson). Unlike the other composite… Read more »
Hvalfjordur: Iceland Hotel Guide: Glymur Resort Has Killer Views and Themed Chalets
HotelChatterHotelChatter contributing editor Tim Leffel is braving the erratic weather of Iceland and reporting on the local hotel scene this week. Most hotels are listed in euros or kroners, but… Read more »
Craft Projects from the San Diego Zoo
Craftzine BlogI love the San Diego Zoo, but had no clue that their website had a kid's craft section until I saw this blog post from The Felt Mouse. Could this… Read more »
Colorful AT Chicago Posts
Apartment TherapyWhether it's red, blue, or green there is always a color we're paying homage to. Color can completely change the look and feel of a room, so it's no wonder… Read more »
#DNC08: Twittering from Denver (Regular FishbowlDC Posts Continually Published Below, After This Post)
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Burbank Sportscards to Launch 30 Million Listings to eBay
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Daily Tech: Watch the Presidential Debates Online With Hulu!
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