To attach the emergently celebrated name of 'Facebook' to that of a company whose actions at a time when the country needed financial help and vision rather chose to profit heedlessly is profoundly sad.
We know the lights are flickering in 48 of 50 statehouses right now. The question has become, do you light a candle or pray the water won't shut off, too?
Once upon a time, 2-1/2 years ago, just as the financial crisis was starting to deliver a series of swift kicks to the stock market's nether regions, CNBC was a terrific, informative, "must-watch" business news channel. Then something happened.
McLean and Nocera don't give us an idea as to where to look for angels. But the book is comprehensive, and I feel certain that all the devils are here.
The truth is that the sanity of the majority of the American people never had to be restored. It has been there all along. What was lacking was the passion and the commitment to make sane ideas happen in the face of fear and opposition.
Moving forward, the first quarter of the 2011 fiscal year will be a true test of how far the states have come in repairing their bruised economies. For some, it's not a question of hitting rock bottom, but how to climb out of the fiscal hole once they do.
Mike Ragogna: Smokey, there's so much to go over, but let's begin with your new album for Cracker Barrel, Now And Then. Can you tell us about the project?
How will prominent Chilean athletes and other brands use the miners to enhance their presence? Will they be tied to an Olympic movement or large scale soccer event?
CNBC has created two environmentally relevant docu-reports covering the worldwide water shortage and trash/landfill problems that are so good you won't mind missing everything else.
If the world's top climatologists are all convinced that the burning of fossil fuels is causing dangerous global warming, why do the media keep giving equal time to deniers?
An invitation to participate in Barack Obama's Town Hall forum arrived in my inbox; I was to show up at 9 AM sharp. But afterward, I couldn't help but feel sad and a bit used. And I imagined Obama felt the same way.
Don't pretend your kids' educations or your small business loan would be paid for if Obama was doing a better job or if McCain/Palin won. Think you're exhausted now? Imagine how tired you'd be from being so pissed off if Obama lost.
Accepting the new normal for federal appointments, President Obama should boldly use his recess commissioning authority, even while fighting daily for traditional Senate confirmations.
It is positively flabbergasting to observe otherwise intelligent and knowledgeable economists swallow the political pablum that raising taxes in a recession inevitably chokes a recovery.
You may very well find some unpleasant new fee in a banking statement this year. But it will have nothing to do with new consumer protections, regardless of what CNBC anchors tell you.
John Carney's New York Times op-ed piece is a tour de force, a paean to nonsensical thinking. He ignores the Fannie and Freddie of the real world. Instead, he goes after the Fannie and Freddie that exist only in his imagination.