Subprime lenders weren’t doing blacks any favors

A reader writes, in response to my column a few weeks ago on subprime mortgages (which discussed how subprime lending had helped dramatically reduce mortgage denial rates for African Americans):

I don’t think that any fair minded person would say because historically blacks and minorites have been kept out of the housing market

Dutch Viacommer talks peace with YouTube

Sometimes people say really revealing things when they’re talking in a language that they figure nobody outside their own country understands. This is from leading Dutch paper NRC Handelsblad (clunky translation mine):

According to Dan Ligtvoet, head of MTV Networks Benelux, the lawsuit filed by “big boss” Viacom is mainly a means of

The Fed’s job: Fighting inflation, not avoiding recessions

Sure he’s the competition (although this is from Robert Samuelson’s Washington Post column, not his Newsweek one), but that doesn’t mean he can’t be right:

For the past three months, the consumer price index has increased at an annual rate of 4 percent. “Core inflation” (all prices minus food and energy) is at 2.7 percent for the past

Europe’s stock markets eclipse Wall Street. Hooray!

So Europe’s stock markets have passed those of the U.S. in value, at least if you count Russia and Turkey as part of Europe (which they both partly are). This apparently happened last week, but nobody seems to have noticed until Tuesday after an analyst in London named Ian Harnett pointed it out. There are some caveats, noted the …

The reign of the enthusiasts

I Google myself, on a regular basis. I was slightly ashamed to admit this until I read this on page 193 of John Battelle‘s book The Search:

…it’s a good idea to check your own name on Google, early and often. Given that just about everyone else you meet will be doing it anyway, it’s just smart to get a picture of who you are in the

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