Oh No, Alan Greenspan Says the Stock Market Will Keep Going Up

Alan Greenspan, the guy who saved the world right up until we realized he was responsible for destroying everything, says stocks are headed up. PANIC.

Alan Greenspan, the guy who saved the world right up until we realized he was responsible for destroying everything, says stocks are headed up. PANIC.

This is a new series that names people who are not publicly gay, but have been shackled by rumors throughout their careers which warrant further discussion. The evidence provided has been gleaned from various Gawker sources enamored with this sort of outing process. If you have any evidence proving their gayness or…
Some people, with a twisted sense of aesthetic value, purchased portraits of former Fed chairman Alan Greenspan when he was lauded as an economic hero. Now those works of art are worth less. And Alan Greenspan is still ugly. [WSJ]

ABC's This Week with George Stephanopoulos scored higher ratings than NBC's Meet the Press for the first time since 1999 this past weekend. Stephanopoulos' guests on the show were Alan Greenspan, Timothy Geithner and Larry Summers. [Yahoo]
Paul Krugman writes in his column today about "the magazine cover curse." Funny he should mention it!
You've disappointed us, but we shall abide by the will of the People: Bernard Madoff won our poll to identify the face of the New Depression with 29% of the vote.
Bernie Madoff is leading our Most Loathsome Financial Villain poll, but there's still time for second-place Alan Greenspan to make a comeback. Go vote for your candidate!
All of the government's pesky market intrusions have people snapping up copies of Atlas Shrugged like they were bailout packages. Since it's not like Ayn Rand's laissez-faire fantasies got us into this mess.
We always thought of NBC's Andrea Mitchell as a prime example of the utter failure of television news departments to police glaring conflicts of interest, but apparently she is a gay icon!
Publicity-seeking artist Geoffrey Raymond is downtown today with his painting of former Fed chief Alan Greenspan, in case you happen to have nothing to do and you'd like to add your commentary to his portrait of the "Fallen Prince." [Dealbreaker, previously]
♦ This could get messy: Asian and European markets were mauled on Friday, pointing to another monumental beating for the U.S. market today. [MW]
♦ A recap of Alan Greenspan's humiliating day in front of members of a congressional panel yesterday. [NYT, NYP]
♦ One of the very few people who is having an exceptional…
♦ Yesterday's sell-off is expected to continue today. [WSJ]
♦ Even Goldman Sachs is cutting. The firm plans to cut 10 percent of its 32,000 employees. [WSJ]
♦ The glory days of hedge funds are over, as you're probably aware. [NYT]
♦ Credit Suisse reported a $1.08 billion loss during the third quarter. [DB]
♦ The…
NBC political correspondent Andrea Mitchell is one of the network's news stars, so it's only natural that we've been seeing a lot of her lately. Even when the topic turns to the government's and the candidates' responses to the current financial crisis. But you will not see her, supposedly, when the discussion turns…
CNBC is usually sort of like commercial hip-hop for really nerdy people: even if you are totally broke, it is still kind of fun to get in on the giddy clubby lingo of the wealth creating classes, babbling incomprehensibly about the ETFs and munis and benchmark outperformers financing the ice and Benzes and G4 jets of…
This is just the type of stupid internet thing that helps us keep the faith that the web is not yet a medium totally co-opted by corporate media powers such as Gawker: Highfalutin magazine of the gods The Economist lost a fight to gain control of the domain name TheEconomist.com, which for the past decade has been…
After years of anxious anticipation, the debut issue of Portfolio, Conde Nast's new entry into the crowded biz mag field, has hit the stands. We'll have more—much more—on this important launch later, but if the premiere issue's centerfold is anything to go by, Business Week, Fortune and Forbes should definitely be…
• Fortune editor to co-write Alan Greenspan's memoir. He's say he's excited, but that might be viewed as irrationally exuberant. [NYT]
• And Ted Turner will likely have a memoir coming, too. [NYP]
• More and more newspaper advertising is shifting to web. Um, duh. [NYT]
• Elizabeth Vargas needed that anchor chair like…