Online brokers spend a whole lotta money

Re Thursday’s post about the profit margins of online brokers, this list of the Top 50 Internet advertisers by media value (by TNS Media Intelligence, via ClickZ Stats) showed up today in my email inbox. Among the top 15 are Fidelity, E*Trade, TD Waterhouse, and Scottrade. That’s four of the five biggest online brokers. The [...]

The shrinking deficit, courtesy of America’s hedge fund managers and CEOs

My new column, headlined “Thanks, Rich People” is up online. It’s also in print in the last of the old-look Time magazines (with Dick Cheney and a cloud on the cover). Next week everything will look different. Seriously different. Anyway, here’s how the column begins: During the 2004 election campaign, President George W. Bush pledged [...]