Daily Archives: April 21, 2009

Idylls Addles Of The King

Holman Jenkins on “King” Obama’s GM Strategy: Kingly prerogative also conflicts with kingly prerogative in the case of GM’s unsecured creditors, who are the sticking point in agreeing to a turnaround plan by the drop-dead date of June 1. His … Continue reading

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$74.5

Million. That was the New York Times loss in the first quarter of this year. New York Times Co. fell the most in almost 22 years in U.S. trading after reporting a 27 percent drop in first-quarter advertising revenue and … Continue reading

Posted in Left Wing, Media | 1 Comment

Withering Outlook

The Financial Times is, to put it mildly, not at all optimistic about the global economy or the prospects for a swift recovery. Above all, the financial crisis is itself a symptom of a balance-sheet disorder. That, in turn, is … Continue reading

Posted in Economy, Madness | Comments Off on Withering Outlook