the panic of '08

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  • journalismism

    CNBC: We're Self-Chastening, Like Any Respectable GE Product

    So now a CNBC insider says GE overlords did not apply political pressure in a meeting with the network, as previously reported. The financial network is perfectly capable of flagellating itself. More »
    04/17/09
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    11

    By Ryan Tate

    Comment by saythatscool: You're burying your lede here Ryan. The real store is that somebody actually hired Moe to write. 3 Responses | Other threads

  • journalismism

    CNBC's Uncomfortable Dinner with Its Overlords

    Top GE and NBC Universal executives called a dinner meeting with CNBC bigwigs inside 30 Rock recently. This much is agreed upon. Still unclear: Whether CNBC was pressured to bash the president less. More »
    04/16/09
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    41

    By Ryan Tate

    Comment by ChillbearLatrigue: CNBC is a conservative network and therefore will tend to criticize President Obama's fiscal policies. The reason for this is... 19 Responses | Other threads

  • lookalikes

    Is This Bernie Madoff Dressed As a Pimp?

    Online photo service ScanCafe tells us a customer in upstate New York submitted this photo, ostensibly of Bernie Madoff, about a week ago. We were skeptical, but check out the nose and the smile. More »
    03/26/09
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    53

    By Ryan Tate

    Comment by ChivasMcSadSack: Excuse me for one moment: ARE YOU ALL FUCKING RETARDED!!!!1111 I apologize. Let me regain my composure. The man on the left side... 18 Responses | Other threads

  • politics

    Obama Hurt Bankers' Feelings, And They're Angry

    If the president wants bankers to accept the billions of taxpayer dollars they need, he's going to have to accept their outrageous demands, like bonuses forever. Wait, what? More »
    03/24/09
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    53

    By Ryan Tate

    Comment by Go Like Hell Machine: I'm sure there are individual bankers who did their job, did it well, and probably deserve some extra compensation. ... 18 Responses | Other threads

  • journalismism

    Wall Street's Newspaper Slaves

    The New York Times has a Nobel-prize-winning economist on staff. But no such expert is in tomorrow's front-page story on the trillion-dollar financial bailout. Only the stock market's verdict is included. More »
    03/24/09
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    9

    By Ryan Tate

    Comment by nosyparker: This is just more daily proof that the NYT should be left to die the death that it deserves. There... 2 Responses | Other threads

  • populism

    AIG-ers Return Bonuses To Man Who Has Their Addresses

    After subpoenaing the names and addresses of AIG bonus recipients, New York attorney general Andrew Cuomo convinced many said recipients to return the cash. Well, many of those who live near the angry mobs. More »
    03/23/09
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    30

    By Ryan Tate

    Comment by Aaron Altman: Well, I guess we'll just hafta declare war on the countries where those foreigners live, then. Watch for Andy... 7 Responses | Other threads

  • public relations

    Obama Won't Stop Cracking Up For 60 Minutes

    OK, stop Barack Obama if you've heard this one: What's the only thing worse than having a 60 Minutes correspondent ask if the laughing president is "punch drunk" in the middle of an interview? More »
    03/23/09
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    160

    By Ryan Tate

    Comment by mimilove: I'm becoming more and more proud to say I did not vote for Obama...and it's only two months in. When... 42 Responses | Other threads

  • class war

    Angry Mobs Coming For AIG Executives

    They thought they were safe in their Connecticut palaces, but oh no: top AIG execs face death threats, angry neighbors in their driveways and tabloid photographers. Then there's the roving band of irate poors. More »
    03/20/09
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    63

    By Ryan Tate

    Comment by momof3wildkids: I have no problem with these guys getting the bonuses that are due according to their contracts. My problem... 7 Responses | Other threads

  • advertising

    Barack Obama Annoys TV Networks With Constant Need To Address Nation

    You know who this global economic implosion is really hurting? Broadcast networks. How can they mint money if Overlord Obama is constantly doing TV addresses, like a Soviet Secretary General? More »
    03/19/09
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    40

    By Ryan Tate

    Comment by Kitten_Witawip: Les and Sumner will be picketing tomorrow on Alameda just a little bit east of Olive tomorrow between 3 -... 6 Responses | Other threads

  • dr. doom

    Burn Our Zombie Economy Before Its Years-Long Rampage

    Amid the weakest stock-market close in 12 years, Nouriel "Dr. Doom" Roubini decided to scare everyone further, by telling CNBC our depression will last three years, unless maybe we void all mortgages. More »
    03/09/09
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    36

    By Ryan Tate

    Comment by geerays: the persian guy is always going to give you the bleakest view. please see madtv's "depressed persian tow truck... 6 Responses | Other threads

  • art

    Artists' Dreams Imploded Along With Bankers'

    The economic meltdown is supposed to "reenergize [the] creative economy" of New York by breaking the city's expensive obsession with finance. Instead, it's wrecking artists' best shot at wealth: Through Larry Gagosian. More »
    03/09/09
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    24

    By Ryan Tate

    Comment by Moff: On the bright side, this'll be really good for their artistic integrity. 3 Responses | Other threads

  • journalismism

    Will CNBC Need a Bailout?

    CNBC personalities like Rick Santelli and Charles Gasparino have done their loudmouthed best to hone the financial network's laissez-faire bonafides. Good luck holding that stance if CNBC's troubled parent company seeks a bailout. More »
    03/08/09
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    21

    By Ryan Tate

    Comment by braak: Yeah, you know, it's weird. The part of GE that's hurting is their financial division. Like the part... 5 Responses | Other threads

  • journalismism

    Jon Stewart's Epic CNBC Rant: Best Moments

    If David Letterman's extended fracas with John McCain taught us anything, it's that would-be opinion leaders will pay for canceling on TV hosts. On tonight's Daily Show, Rick Santelli and his network paid dearly. More »
    03/05/09
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    109

    By Ryan Tate

    Comment by jonasgrumby: Well, you see, this is the problem with our culture today. Jon Stewart is a funny guy, a good comedian.... 32 Responses | Other threads

  • branding

    Your New Hippie Stimulus Logo

    It's true: Barack Obama's new logo, to be stamped on all stimulus-funded projects, is "less fascist" than the militaristic New Deal logos of the 1930s. Our Stalinist dictator must present a hippie front! More »
    03/04/09
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    51

    By Ryan Tate

    Comment by ChillbearLatrigue: This is getting a bit scary. And by scary I mean that it will be frightening for you people. Naturally,... 4 Responses | Other threads

  • books

    Bailouts Spike Atlas Shrugged Sales

    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. More »
    03/03/09
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    125

    By Ryan Tate

    Comment by TorrentFreak: Maybe we should all read and do like the Communist Manifesto...o wait our president already is.... 18 Responses | Other threads

  • sex wars

    Jobless Men Are Brutes

    Unemployed men are supposed to be these sad, sappy wimps. That's the stereotype the infamous DABA girls riffed on. But the distinguished historians at Newsweek predict they will follow "their worst hypermasculine impulses." More »
    03/01/09
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    40

    By Ryan Tate

    Comment by ADismalScience: This seems like a weak thesis. It's just another case of the media trying to lead society around by... 7 Responses | Other threads

  • flackery

    How Donald Trump Tricked Letterman's Audience

    Donald Trump can be amazing at spin, when he's not being a pig or sexist dinosaur. The latest example: when the real estate loudmouth masterfully tricked a Late Show audience into applauding his latest business bankruptcy. More »
    02/19/09
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    15

    By Ryan Tate
  • disasters

    Slurring Japan Finance Minister Only Latest Panic Casualty

    Japan's finance minister resigned over this video of him sleeping and slurring at a G-7 meeting in Rome. If he was drunk, he wouldn't be the first to buckle under economic stress. More »
    02/17/09
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    6

    By Ryan Tate

    Comment by Too sad for a bacon joke: Geir Haarde? Like Geirhardt from 30 Rock?! Awesome. more » | Other threads

  • reality tv

    Trump Bankruptcy to Come Just Before New Apprentice Season, Reportedly

    Donald Trump's casino group is expected to file for bankruptcy, the Wall Street Journal said, less than two weeks before the new Celebrity Apprentice starts. This is among Trump's most embarrassing failures. More »
    02/16/09
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    18

    By Ryan Tate

    Comment by cockfightbarmitzvah: I'm no businessman, but isn't it kinda hard to lose money in gambling when you're "the house". Or did his... 2 Responses | Other threads

  • jobs

    Running a Strip Club Means You're Healthy

    Dear seasoned, aggressive newspaper reporter: Time to let go of that precious "dream" and learn to see the virtue in, say, running a titty bar. The Wall Street Journal's underminers think so, anyway. More »
    02/10/09
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    9

    By Ryan Tate

    Comment by smithhimself: This is smithhimself's dream. No more Monday morning meetings. No more book bag. No more dealings with anyone from the... 3 Responses | Other threads

  • politics

    Gloomy Obama: 'The Party Is Over'

    For a president elected on a platform of hope, Barack Obama sure knows how to throw around the doom and gloom when he wants to rise above the trifles of the Beltway political game. More »
    02/09/09
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    68

    By Ryan Tate

    Comment by sample032: Does anyone have an example of government intervention in the economy really working? The most successful example is probably... 19 Responses | Other threads

  • the poor

    Christie's Auction Girls Happier Than Ever to Be Poor

    You know what's great about making $19,000 a year catering to obscenely wealthy art collectors? When the recession hits, you can laugh at your laid-off banker friends! More »
    02/08/09
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    76

    By Owen Thomas

    Comment by flossy: These ladies will be laughing all the way back to mommy's house when Christie's lays off hundreds of staff this... 17 Responses | Other threads

  • sex wars

    Gold-Digging Shrews Whine About Banker Mates

    Oh, look, someone started "Dating a Banker Anonymous," where vapid women meet to whine about the empty lives they chose and the broke, impotent men they are now stuck with. More »
    01/28/09
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    80

    By Ryan Tate

    Comment by TRexstasy: I'm way too hot to be treated like this. Uh. Mah. Gawd. Kill her at once. 5 Responses | Other threads

  • nouriel roubini

    Dr. Doom Can't Escape His Party-Boy Rep

    Nouriel Roubini has made it clear he'd rather be known for his prescient economic predictions than his playboy lifestyle. But his parties are catnip for the media who inflated his reputation. More »
    01/16/09
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    12

    By Ryan Tate

    Comment by StabbyRipStabStab: [www.encyclopediadramatica.com] 2 Responses | Other threads

  • recessionomics

    The Fall of the Almost-Rich

    New York magazine, the bible of an entire class of affluent aspirationals, has already cut its masthead; now, it's instituting widespread pay cuts. In the "All New"economy, its audience is fading away. More »
    01/14/09
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    74

    By Hamilton Nolan

    Comment by Aaron Altman: Other things that are "upwardly mobile": 1) Sir Edmund Hillary 2) Sherpas 3) Mountain goats 4) The person with the flugelhorn in the "Ricola"... 14 Responses | Other threads

  • recessionomics

    Bloodsuckers of the Poor Meet Math-Challenged Gamblers, Save Economy

    Don't pretend that the economy is all bad. Lottery ticket sales are booming! American states are beaming at the prospect of closing their yawning budget gaps with the final dollars of the desperate poor. More »
    01/14/09
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    40

    By Hamilton Nolan

    Comment by sanyucat: My dad likes to say that the lottery is a tax on people who are bad at statistics. Knowing my... 3 Responses | Other threads

  • marcus schrenker

    Death-Faking Pilot Captured After Suicide Attempt

    Marcus Schrenker, the accused Indiana insurance swindler who staged a plane crash, nearly ended his life as dramatically as he fake-ended it this past weekend. More »
    01/14/09
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    81

    By Ryan Tate

    Comment by tigolbitties: can someone explain to me why people lie about shit that can obviously be proven to be a lie? so... 7 Responses | Other threads

  • magazines

    Fortune Suddenly Indignant About Wall Street

    Fortune magazine wants to send all the bad Wall Street people straight to jail—for ripping you off! Do you think Fortune knows the meaning of 'cognitive dissonance?' More »
    01/13/09
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    11

    By Hamilton Nolan

    Comment by Mount_Prion: Ah, further evidence that Martha Stewart is the Borg Queen. 1 Responses | Other threads

  • crime

    Executive Stages Plane Crash, Fails To Fake Death

    Marcus Schrenker is surely one of the most memorable villains to emerge in the financial crisis: The "wealth management" advisor is believed to have crashed an airplane to fake his own death. More »
    01/13/09
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    93

    By Ryan Tate

    Comment by dado: I'm curious if there is an actual template for disappearing successfully. Everyone seems to get caught. Is there a bartender... 18 Responses | Other threads

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