At yesterday’s Times State of the Newsroom meeting, a staffer asked executive editor Bill Keller if the paper was running out of money. Mr. Keller handed the mic over to New York Times President and General Manager Scott Heekin-Canedy who said, definitively, no.
"We have the ability to pay our debt, we’re not concerned about Read More
American Sucker , by David Denby. Little, Brown, 337 pages, $24.95.
Now that the shell shock has worn off and we’re unhappily accustomed to the nonstop barrage of first-person testimony-autobiography these days being the default mode for anybody who feels the itch to write-the appearance of yet another disappointing memoir only triggers a Read More
Bull! A History of the Boom, 1982-1999: What Drove the Breakneck Market-and What Every Investor Needs to Know About Financial Cycles,
HarperBusiness, 486 pages, $27.95.
Between the spring of 2000 and February 2002, individual investors lost $5 trillion in the stockmarket.Those losses continue to haunt the 100 million Americans who Read More
Gold, the ultimate pre-postmodern investment, had a big 2002, with its best annual percentage gain since 1979; the dollar, conversely,suffered its steepest plunge since 1987. Is this noise-or a trend?
The mainstream financial media is suggesting that the rising price of gold is nothing more than passing jitters. “Bets on Gold-Related Issues Reflect Events,” The Read More
When George W. Bush lowers his right hand come Saturday, he
will find himself with a very full plate. I’m not concerned about his cabinet
choices. John Ashcroft may well have been chosen to forward a judicial
ideology; I find no surprise in that and small cause for outrage, despite being
completely pro-choice myself (I Read More
Ryan Jacob used to be famous. Not Andy Warhol famous, perhaps, but in the hothouse world of Internet stocks he was something of a rock star. He was the portfolio manager for America’s first mutual fund for Internet stocks, the Internet Fund, which in 1998 was the top-performing mutual fund around, having started the year Read More
Three eloquent bears gathered for breakfast on Dec. 15 in an executive dining room atop the Morgan Stanley Dean Witter building in Times Square. The three bears were Barton Biggs, Morgan Stanley’s chief global strategist; James Grant, editor of Grant’s Interest Rate Observer ; and Alan Abelson, the editor of Barron’s .
The Observer had Read More