Job losses in the Great Recession vs. in the Great Depression

July 2nd, 2009

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Okay, now I remember why I don’t do this every month.

The payroll employment numbers get all ugly again

July 2nd, 2009

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So much for that two-to-three-month improvement trend in the employment data—the decline in payroll employment reaccelerated in June: 467,000 jobs lost according to the employment situation report released this morning by the Bureau of Labor Statistics, more than just about any forecaster expected—and markedly worse than the 322,000 jobs lost in May. The unemployment rate

The Daily Show bit

July 2nd, 2009

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The line about the babies in high heels is a reference to this segment. Beyond that it’s pretty self-explanatory.

Daily Show

July 1st, 2009

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I’m the guest tonight. Seriously

Peer-to-peer lending and the unreliability of good-looking people

July 1st, 2009

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Peer-to-peer lending is the would-be Web 2.0 replacement for our naughty banking system.

Scoring the Barry Ritholtz-John Carney CRA debate

June 30th, 2009

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The John Carney-Barry Ritholtz debate on whether the Community Reinvestment Act caused the financial crisis has a strangely retro feel to it.

Great news: your house is worth 18% less than last year

June 30th, 2009

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House prices are falling slightly less fast, according to today’s Case-Shiller data. Let’s celebrate

Bernie Madoff gets his sentence. Have we learned anything?

June 29th, 2009

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Bernard Madoff got his sentence this morning. It’s 150 years in prison, which is a bit longer than your average 71-year-old can be expected to live.

Roger Enrico on Michael Jackson

June 29th, 2009

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Last week we decided to put out a special Michael Jackson issue. It should be popping up on newsstands right about now

New column: Dumbing down regulation

June 26th, 2009

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My new column, on the case for simpler, cruder financial regulation, is online and in the issue with FDR on the cover.