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Posts on ‘August 18th, 2007’

Another Gross Journalistic Failure

UPDATED NY Times: How Missed Signs Contributed to a Mortgage Meltdown. (T)he cast of characters who missed signals like the rise of delinquencies and foreclosures is becoming easier to identify. They include investment banks happy to sell risky but lucrative mortgage debt to hedge funds hungry for high interest payments, bond rating agencies willing to […]

It's Your Stuff? Maybe Not

John Dvorak: Google Pulls Plug, Everyone Misses Point. The scary part is that we are not talking about some flaky, small underfunded company. We’re talking about Google, a behemoth. This tells me that if Google can throw in the towel and abandon one of its online-related services, then anyone can do it—and they will. And […]