The headline number in the S&P/Case-Shiller Home Price Indices released this morning was that U.S. home prices dropped 4.4% in the 12 months ending in August. But it’s in the metropolitan-area details that the Case-Shiller data gets really interesting. So with the help of Time.com graphics whiz Feilding Cage, I charted them: Pretty cool, huh? [...]
More than a day after the WSJ and NYT declared in no uncertain terms that he was out, Merrill Lynch CEO Stan O’Neal finally “retired” this morning. I was starting to wonder if O’Neal might be staging some sort of rearguard save-my-job action, but I guess it just took time to negotiate a cushy enough [...]
After I wrote a couple weeks ago that New York was at a disadvantage to London as a financial center because getting through immigration as a foreigner at JFK is so much more unpleasant than at Heathrow, Financial Times columnist (and now blogger!) John Gapper has this to report: When I arrived in London, I [...]
