Steven Pearlstein comes out against the Capital One/ING merger, which would turn it into the country’s fifth biggest bank, with $300 billion in assets. The truth is that there is no great social or economic benefit to Capital One buying ING. Smaller institutions could buy ING, albeit for a lower price. Or it could be
Missing the Bus
There was a silly story on the front page of the The New York Times this morning. With its title “Covering 2012, Youth on the Bus,” I almost didn’t read it, expecting a feel good story about elementary school children who had won some sort of reporter-for-a-day contest. But then I did and discovered, these
AT&T’s Hubris
The Justice Department is suing to stop AT&T’s proposed acquisition of T-Mobile, which would have consolidated three-quarters of cellphone-plan market into the hands of two companies. I have to say I didn’t think they had it in them. The skeptical press coverage given the deal’s announcement certainly didn’t hurt, nor did later coverage like stories
Leonhardt’s Sharp Look at the Mind of the Fed
It’s a few days old now, but David Leonhardt had a great column in the Sunday Review section of The New York Times about the Federal Reserve—specifically, about how the debate within the Fed on ways to get the economy going has been far more constrained than the debate among the broader economics community. If
Media Hurricane Hype?
Anderson Cooper and a CNN crew covering Irene on Sunday, August 28. Photo by Sean Hemmerle. “An Epic Deluge,” read the banner the headline on the front page of Tuesday’s Burlington Free Press in Vermont, which featured ten pages of coverage of what it described as a “flood for the ages” unleashed… Share this: Tweet
