-
Enron and the curse of contrarianism
NOCERA on GLADWELL: To be sure, his central point is largely correct, though hardly the contrarian revelation he makes it out to be: Wall Street’s corps of analysts, hedge fund operators, ratings agencies and all the rest should really have paid more attention to Enron’s public disclosures.Nice piece from the NYT‘s Joe Nocera unpicking Malcolm…
-
Gallup poll no cause for cheer…
US: Decline in newspaper readership haltsThis is not good, it’s great news for any editor or manager in the newspaper business.It’s a Rocky Balboa-style comeback for U.S. old media, according to various upbeat interpretations of a recent poll survey. Gallup started doing the survey in 1995. The headlines over that period? Network news is the…
-
Demablogs, Iraq and Jamil Hussein
DEMABLOG: the AP and crowing lefty bloggers will treat this as total vindication. That’s how the game is played: dumb it down to something simple like “Does Jamil Hussein exist?” and ignore the other issues.Horace Walpole managed to coin the word serendipity without apparently breaking sweat. I’ve been scratching my head looking for a word…
-
Don’t email Joel Stein
Not everything should be interactive … If Martin Luther put his 95 Theses on the wall and then all the townsfolk sent him their comments, and he had to write back to all of them and clarify what he meant, some of the theses would have gotten all watered down… The LA Times‘ Joel Stein…