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Your Abbreviated Pundit Round-up
Daily Kos —
Wednesday, and time for some punditry. Welcome to the AIG edition. Laurence Cunningham: Is there a legal basis to withhold AIG bonuses? Thomas Frank: The applause Mr. Stewart has received for his j'accuse is the sound of the old order cracking. We have turned on the financial CEOs, inducting them one by one into the Predator Hall of Fame. We have gone deaf to the seductive rhythms of the culture wars. We have tossed out the politicians whose antigovernment rhetoric seemed invincible for so long. ...
Morning Skim: A.I.G. Chief Speaks, Bankers' Holiday, Obama's Cool and More
Opinionator —
... “: Most of the time, it’s good to have a president who isn’t a captive of his emotional temperature and doesn’t say rash things. Americans got pretty tired of that over the last eight years. But sometimes, geez, you just want the guy to let it out. Yesterday’s press conference was about as close as he came to anger, but it wasn’t close enough. Wall Street Journal : Thomas Frank says that “the reasons the financial-entertainment business failed us are many and complex, but they ultimately come down to this”: In the marketplace to describe the marketplace itself, there is ...
Piling On CNBC
Newshoggers.com —
... Commentary By Ron Beasley
John Stewart did a great job of pointing out that the business network CNBC is little more than an infomercial for Wall Street. Well the WSJ has joined the pile on. (Note: I'm aware that Murdoch's WSJ may have a financial reason to drive a few more nails in the CNBC coffin.)
Financial Journalists Fail Upward
The applause Mr. Stewart has received for his j'accuse is the sound of the old order cracking. We have turned on the financial CEOs, inducting them one by one into ...
WSJ - the LMAO moment...
At-Largely —
Um, here is what the Wall Street Murdoch has to say about CNBC vs. Stewart and apparently in all seriousness: We know -- or we think we know -- about the roles played by other culprits in the debacle. The government regulators, for example: How could they have ignored the coming disaster? Well, they were incapacitated by decades of deregulation. What about the market's own watchdogs? Well, from appraisers to ratings agencies the whole tough-minded system was apparently undermined by conflicts of interest. But what about the syndicated columnists and the beloved stock pickers ...
Newly Unemployed CNBC Star Dylan Ratigan Joins Class Struggle
TPMMuckraker —
... two weeks ago over what appeared to be his contention that he deserved more money than network execs wanted to pay. In fact, after a few days off the former Fast Money host seemed downright baffled that strangers would associate his grievances with those of Tom Frank and ...
