8
Now, I’m not one to just cut and paste a press release, you understand, but this is quite simply the most delicious spoof.
With props to Paul Maher and Positive Marketing, please see the attached press release:
Embargoed until Sunday 1 April 2012, UK (NATIONWIDE) – The UK’s two largest Public Relations unions, the Federation of Online [...]
By Stephen Foley | The Foreign Desk - International dispatches from Independent correspondents -, iPolitics | Saturday, 31 March 2012 at 8:15 pm
2
Mitt Romney’s position on the bailout of Detroit “boggles the mind”, says Steven Rattner, who was Barack Obama’s “car tsar”, in charge of refinancing and restructuring General Motors and Chrysler.
The two companies had been handed government loans to stave off bankruptcy and liquidation in the dying days of the Bush administration in 2008. Governor Romney, [...]
By Stephen Foley | The Foreign Desk - International dispatches from Independent correspondents - | Tuesday, 28 February 2012 at 12:19 am
3
Explosive judgment by Judge Jed Rakoff today, rejecting SEC’s $285m settlement with Citigroup over a dodgy CDO deal during the credit bubble.
By Stephen Foley | Eagle Eye - Breaking views from commentators - | Monday, 28 November 2011 at 8:01 pm
2
We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating.
We have also removed both the short- and long-term ratings from CreditWatch negative.
The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short [...]
By Stephen Foley | Econoblog, The Foreign Desk - International dispatches from Independent correspondents - | Saturday, 6 August 2011 at 2:12 am
3
In one place for your convenience, the current positions of the three main credit rating agencies on long-term US government debt.
All three currently have the US at the top-notch AAA rating. S&P says that the outlook for its rating is negative. The others say the outlook is stable, but all three agencies plan to review [...]
By Stephen Foley | Econoblog, The Foreign Desk - International dispatches from Independent correspondents - | Monday, 1 August 2011 at 11:11 pm
1
How little has changed in a decade.
News that the British ad agency WPP has assembled the biggest database of individuals’ internet behaviour – covering every man, woman and child in the US and the UK – has stoked once again the debate over web privacy and the use of cookies in particular.
Stunning to think that [...]
By Stephen Foley | | Tuesday, 5 July 2011 at 7:52 pm
6
A very bad idea is back. The idea is to amend the United States Constitution to mandate a balanced federal budget. Tax income and government spending will have to match from now on, so there will be no more credit card spending for which the nation’s children will have to pick up the tab.
By Stephen Foley | | Sunday, 3 April 2011 at 12:03 am
0
For those of you whose interest was piqued by the throwaway line in the New York Times report on the new Google biography by Steven Levy, and who can’t wait to buy the book on 12 April, more info on that allegation against chief executive Eric Schmidt.
By Stephen Foley | The Foreign Desk - International dispatches from Independent correspondents - | Friday, 1 April 2011 at 9:38 pm
1
From fashion disaster to financial disaster, it has been a grim period for American Apparel.
Once the darling of the retail sector, its clothing has fallen out of favour, sales have been dire, the business is in chaos, and it has breached promises to its lenders. (I’ve thrashed around these issues on a couple of occasions [...]
By Stephen Foley | Notebook - A selection of Independent views - | Tuesday, 15 February 2011 at 11:11 pm
