The new Wall St world orderTwo companies have risen from the ashes of Wall St to tower over the former financial titans who used to rule the strip: JPMorgan and Goldman Sachs are surging ahead of others on the Street.
July, 2009
Beauty queens of yesteryear
Today’s beauty queens may be trashy rednecks, but were they any better in days gone by? Perhaps not, but everyone looks classier in black and white.
£60 biscuit jars and £50 socks: more BBC expense claims revealed
More expense claims by BBC executives have been published, including a £1579 Christmas dinner, £1000 for champagne and chocolates and a £59.95 biscuit jar.
Hospital bed numbers plummet, Tele Poh-faced over MasterChef, takeover frenzy, Indonesia’s violent cycle
Google call newspapers’ bluff: here’s how to opt-out of Google News
Newspaper publishers never seem to stop whinging about Google News leeching their content, so Google has given them the simple little bit of code to opt-out of their search results. How many will follow through?
Crikey Says: Should our public servants serve the public interest?
What is the role of our public servants? Should bureaucrats serve the public interest, or is that a task that should be left to those who have to answer to the public?
Mungo MacCallum: Is it time to bring the troops home?
After seven years of achieving very little, it may be timely to ask just how and when we an expect to bring the troops home from Afghanistan.
Tony Blair’s EU Presidency bid stumbles at the first hurdle
Prime Minister Tony Blair’s conceited plan to resuscitate his political career to become the first President of Europe has been greeted with howls of anger and derision.
The Porsche family feud ends in tears
Volkswagen’s decision to purchase all of Porsche has put an end to the takeover drama that has gripped the gossipy German business community.
US Fed keeps its powder dry
It will only be when Reserves Balances visibly start to get back to something resembling 2007/08 levels, that we will know that any talk of “credit thawing” is for real, writes Julian Gillespie.
Guy Rundle: Rundle: boomers were more violent than “generation brat”
Far from being a more violent generation, Gen Y has contributed far less to the increase in social violence than their parents.
Political snippets: Testing the Chinese friendship
A visit to Melbourne by Uighur leader Rebiya Kadeer look set to test Chinese-Australian relations, a hairy headline, and Turnbull sniping continues at The Oz.
The Australian was a stuff-up from the start
The Australian could have been a great paper, but it has never scaled the heights many other Australian mastheads have reached, writes former Murdoch lieutenant Rod Lever.
Tiger will push Qantas to eat its own
Tiger’s move on the key Sydney-Melbourne route will force big changes at Qantas.
Time to stimulate jobless, whatever conservatariat thinks
The new issue is whether things are going well enough that the Government could actually ease off on the stimulus package. Not so fast.
The Moran public service revolution is underway
PM&C head Terry Moran has heralded a return to more centralised Public Service as part of an effort to strengthen its capacity for high-quality advice.
Tips and rumours: Is Kevin Rudd clueless about Twitter?
That crucial question is raised today by an anonymous Crikey tipster who’s taken the time to work out where PM Kevin Rudd’s been tweeting from.
Morning Market Report: Fifth rise on the trot for Dow
Dow up 32 on Friday. That’s the fifth rise on the trot. European markets also up. Good news abounds.
Producer price inflation under the thumb
Producer Price Index figures released this morning show the global downturn has reduced price pressures in the Australian economy.
Bombings reboot Indonesia’s vicious political circle
Just two weeks ago, observers were congratulating Indonesia for a presidential election that was seen to consolidate that country’s process of democratisation. Now the country again appears to be on the edge of political turmoil.
US TV networks go begging as advertisers refuse to commit
America’s TV networks and movie studios are facing another tough period after the GE subsidiary, NBC Universal (NBCU) reported disappointing second quarter earnings on Friday.
