Tag Archive | "banking"

Tweeted News Network mobile – A Different Social News Distribution Model

Tweeted News Network mobile – A Different Social News Distribution Model

Q: What is the name of your business and URL of your APP? twenn – Tweeted News Network mobile by BlackWhiteSourcing. URL:http://itunes.apple.com/app/id510461077?mt=8 Q: A brief synopsis of the smart phone app? twenn mobile is an innovative news distribution app. Using social media, instead of RSS technology, twenn mobile gives users convenient access to the latest [...]

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The Roundup September 29

The Roundup September 29

For the real estate agent, it’s a “starter home.” For the seller, it’s a “fixer-upper.” For the buyer, it’s a “pile of crap.” If they can agree on a price, for the statistician, it’s an “outlier.” Here endeth the statistics lesson. Housing prices have gone up for the third straight month! Unless, of course, housing [...]

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The Roundup September 19 & 20

The Roundup September 19 & 20

Why the stupid grin? Because I still have my job. So there. It was an Onion kind of week in the wacky world of business news. As Voltaire once said, “If The Onion did not exist it would be necessary to invent it.” Well, not really, but here’s just a few of the more Oniony [...]

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Why CIT matters

Why CIT matters

Where the CIT failure will be felt first . . . In the grand guignol of faltering banks, CIT, which ranks 26th in size, seems little more than a sideshow in the wholesale slaughter of giants like Lehman, Bear Stearns, and WAMU. It’s imminent demise, despite its desperate, last minute loan of $3 billion, however, [...]

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The Roundup July 18 & 19: The Week By The Numbers

The Roundup July 18 & 19: The Week By The Numbers

“Why, oh, why did I pick the BLUE pill?” Zero The amount of further bailout money the Obama Administration made available to CIT this week. CEO Jeff Peak first tried washing Presidential motorcade windshields, but has now taken to standing on a street corner with a cardboard sign. Face it, friends, everything’s over at CIT [...]

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Everyone’s entitled to my opinion about the bank stress tests!

I’ve just spent a happy-go-lucky morning reviewing the Treasury’s bank stress test white paper.Humble little nothing-winning non-economist me believes that the stress tests are 98% government PR and 2% meaningful — which is a step up from just about everything coming out of the Bush White House. The stress tests were simply meant to calm [...]

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