We are in the process of clearing out our mother’s home. It is not easy work.
After all the fuss of the funeral had settled, my sister Emy and I settled down to the job of sifting through three-plus decades of junk that had accumulated in this, our childhood home. I say we but really my sister has been doing all the work; I have taken …
Because some guys from Wall Street are getting together…
Here’s what we know so far (from the WSJ):
The Federal Reserve Bank of New York held an emergency meeting Friday night with top Wall Street executives to discuss the future of venerable firm Lehman Brothers Holdings Inc. and the parlous state of U.S. financial markets.
The
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A reader has another suggestion for the American Most Qualified to Be President™: George V. Voinovich, the Republican senior Senator from Ohio.
Voinovich’s credentials are in fact impeccable: He has served in the Ohio House of Representatives and on the Cuyahoga County Commission. He has been Cuyahoga County auditor. He was the (very …
That article about Fannie and Freddie that I asked for help on the other day is on newsstands now (in the issue with working-men Obama and McCain on the cover) and online here. I really did take the questions asked by commenters here into account as I wrote it, even though I don’t think I used any of them verbatim. I was writing the …
Bess Levin at Dealbreaker suggests we all get together and buy Lehman Brothers for Maria Bartiromo, because it’s her birthday.
Barry Ritholtz has a screengrab of the Craigslist ad offering “Free! Bulge Bracket Investment Bank (Midtown West).” Sadly, the original has been flagged for removal.
And from the wires you can get all the far …
I just can’t wrest myself away from this topic of the experience one supposedly needs to be president or v.p. I guess because so many people keep saying so many transparently and amusingly partisan things about it. Just to review, over the past few weeks we’ve learned that to be truly qualified to run for president or vice president:
1. …
While Justin has been hard at work writing a story about Fannie Mae and Freddie Mac, I’ve been spending some time revisiting the law Congress passed in July that let Treasury do what it did over the weekend.
There was a whole lot of other stuff in there, if you remember back, including billions of dollars in federal funding that will …
From now on, this blog will be devoted entirely to answering questions from Bryan from Houston. The latest:
If the FNM/FRE deal was so successful, what is happening to Lehman? Further, who else is at risk still?
To me, this financial kryptonite hardly seems contained and the super powers of the Fed and Treasury seems rather impotent
…
This morning I set off to secure my daughter her Japanese citizenship. The three-month time limit that began at her birth is tomorrow. Let no one say I don’t meet my deadlines.
Anyway, here’s what the local ward office needed from me:
1. A two-page form covered in monkey scratch registering my marriage to Kana’s dad in 1996 B.C., which …
I’d actually love to join in the discussion on house price indices, but I need to write something for the magazine today.
So first of all, I’d recommend going to the Kate Betts-Isaac Mizrahi-Joel Stein NY Fashion Week blog. Second, my piece is supposed to answer some of the questions folks have about the Fannie-Freddie takeover, and …
I mentioned in passing yesterday that, when you adjust the S&P/Case-Shiller 20-city composite house price index for inflation, you get a drop of 25% since the market peaked in 2006. Here’s what that looks like in chart form:
Graphic by Feilding Cage/ TIME.com
I need a decoder ring.
I have enrolled Mika, my four-year-old, in a Japanese kindergarten for the remainder of the month as I stay in the country to sort out my parents’ affairs. It is a fiendishly difficult business, this settling of an estate, in a land that never saw a government-required form it didn’t like. Also it would help if I …