Gawker
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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 »
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By Ryan TateComment by saythatscool: You're burying your lede here Ryan. The real store is that somebody actually hired Moe to write. 3 Responses | Other threads
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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?
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment by Moff: On the bright side, this'll be really good for their artistic integrity. 3 Responses | Other threads
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment by TorrentFreak: Maybe we should all read and do like the Communist Manifesto...o wait our president already is.... 18 Responses | Other threads
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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 »
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By Ryan TateComment 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
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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 » -
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 »
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By Ryan TateComment by Too sad for a bacon joke: Geir Haarde? Like Geirhardt from 30 Rock?! Awesome. more » | Other threads
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Ryan TateComment 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
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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 »
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By Owen ThomasComment 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
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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 »
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By Ryan TateComment by TRexstasy: I'm way too hot to be treated like this. Uh. Mah. Gawd. Kill her at once. 5 Responses | Other threads
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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 »
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By Ryan TateComment by StabbyRipStabStab: [www.encyclopediadramatica.com] 2 Responses | Other threads
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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 »
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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
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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 »
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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
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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.
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By Ryan TateComment 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
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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 »
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Comment by Mount_Prion: Ah, further evidence that Martha Stewart is the Borg Queen. 1 Responses | Other threads
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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 »
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By Ryan TateComment 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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advertising
Buy This Pen Or Die Starving In The Gutter
It was only a matter of time before someone used Wall Street as the backdrop for a horror video. More »
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By Ryan TateComment by Cheap Shot: I hear that 'Uni-ball' was Lance Armstrong's nick name. 5 Responses | Other threads
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exits
The Tired Legacy of Robert Rubin
Robert Rubin, a senior counselor and director at Citigroup who helped steer the megabank into taking on more risk, is quitting amid a firestorm of criticism. Why? Because he's "tired." More »
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By Owen ThomasComment by ADismalScience: Well, in fairness, he does have to deal with a daily firestorm of criticism from people that lack even a... 16 Responses | Other threads
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greed is good
Even Wall Street Now Hates the Rich
With bonuses slashed, investment bankers are starting to turn on their own. The year money forgot saw a handful of opportunistic contrarians stack up the tall dollars. Now they're getting cut down in the press. More »
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By Owen ThomasComment by Almostbanned: Maybe I just don't know enough about the business, but I have no idea what these individuals could possibly do... 11 Responses | Other threads
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journalismism
Rachel Maddow Show More And More Like Daily Show
We were wondering about those odd title frames flashing in between an segments of an interview with Barack Obama on the Rachel Maddow Show (like "Obama♥GOP"). Left in by someone in production? More »
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By Ryan TateComment by MassimoWoodpecker: Maddow is much better than Olbermann. Her news guests more often than not are people we don't normally see... 2 Responses | Other threads
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recessionomics
In The Depression, You Will Eat Squirrel
The Brits suddenly love squirrel! And so will we, probably: the critters run $3 each, and the Times concedes they seem perfect for a recession. More »
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By Ryan TateComment by Aaron Altman: "Did that muthafukka Tate just say to EAT ME???" (Kidding of course, Ryan.) 6 Responses | Other threads
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synergy
Becoming A Brand: Pointless
One of the biggest brand-called-you practitioners is calling the whole notion into question. Tech pundit Sarah Lacy publishes in four or five media and wonders what the point is. More »
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By Ryan TateComment by SpeedingUptoStop: I'm calling Brand Bullshit. My favorite DJ, A-Trak, has a twitter, blog, myspace, record label blog, occasional fader blog, youtube,... 5 Responses | Other threads
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year in review
The Worst Moments of the Panic of '08
Everyone wants a neat explanation of the panic that destroyed the economy and put the government in charge of Wall Street. Good luck with that! Here's a look back on the year money forgot.
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By Owen ThomasComment by ADismalScience: I'll never forget the Lehman weekend. It's seared into my mind. The conference calls, the drinking, the stubs of fingernails... 3 Responses | Other threads
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class war
Debutantes Indulge As Nation Reels
Who were the hugely tacky snobs at the International Debutantes Ball in New York last night? Many were from Texas. One is Arianna Huffington's daughter! More »
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By Ryan TateComment by Hydroceph: Men from left to right: fuckable; come back in about 5 years and he might be fuckable; probably fuckable but... 17 Responses | Other threads
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creative underclass
The Most Depressing Layoff in New York?
New York magazine profiled seven city residents who lost their jobs in the economic meltdown. The most heartbreaking? That would be Marc Thomas, 44, failed dramatist. More »
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By Ryan TateComment by Mysterious Skin: These stories confirmed my conviction that a lot of businesses are using the recession as an excuse to rid themselves... 13 Responses | Other threads
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the panic of '08
Lehman Boss's Weekend from Hell
On the September weekend when Wall Street went poof, a friendless Dick Fuld, CEO of Lehman Brothers, the 158-year-old securities firm, couldn't get his phone calls returned.
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By Owen ThomasComment by Truculent: How do these guys get each other's unlisted home numbers? There must be some sort of ultra-secret rich guys phone... 2 Responses | Other threads
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freakoutonomics
Longest Advertising Decline Since Great Depression
"Factor in inflation, and '09 spending likely will come in well below the level of 2001...That would be the first three-year decline since the Great Depression." [Ad Age] (Photo)
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By Ryan TateComment by phlox✔: The 'Sham-Wow' guy (Vince?) could sell me practically anything.He is mesmerizing and looks like he'd be great in the sack.Now... 2 Responses | Other threads
the panic of '08
New York, 8:54 PM
Thu Jul 9
43 posts in the last 24 hours
Original material is licensed under a Creative Commons License permitting non-commercial sharing with attribution.
