Meet the players who want to clean up Wall St — and those who don’tRegulating Wall Street: it’s a messy issue. Politicians are desperate for reform post-GFC, big businesses are scared of the cash it’ll cost them. Barrie McKenna explains who wants what.
April, 2010
Book review: Don DeLillo’s Point Omega
Don DeLillo’s latest book is a slim little intellectual ride with an ending that doesn’t quite live up to its beginning, writes Angela Meyer.
The News at the heart of the storm
Altruism is not a high priority for News Limited. They are in the business of making money. This makes News Limited’s continued involvement in the Melbourne Storm particularly interesting, writes Nick Tedeschi.
Stokes’ transformative WesTrac deal will go down in history
Yesterday, the $2 billion Seven-WesTrac deal got the official thumbs up. Now Kerry Stokes can celebrate the $1 billion of his private debt now safely housed in his new 68% owned listed conglomerate.
Clumsy but ruthless — why Rudd is clearing the decks now
The Government is using a brief lull in the political cycle to junk everything that will get in the way of its re-election strategy. Maybe Caucus will have other ideas?
Buswell’s brother-in-law employed by Treasury after he took charge
Troy Buswell’s brother-in-law was hired by the West Australian Treasury just weeks after the now-disgraced Liberal took charge of the department, Crikey has learned.
Inflation up, housing costs the driver
Thanks to the rising cost of housing, inflation is stirring, enough to get the Reserve Bank a little twitchy ahead of next Tuesday’s monthly board meeting.
Guy Rundle: Rundle’s UK: Everything would be fine if it weren’t for these immigrants
Has any polity in history ever been more grievously split between its dominant mood, whatever one thinks of it, and its political/admin/media elite?
The low-hanging reform fruit up for grabs
Markets free to embrace conflicts of interest are not and never have been the best way of getting information about the integrity of our financial markets — whether by way of ratings agencies or the general auditing function, writes Nicholas Gruen.
Political snippets: Rudd follows German shepherd on CPRS
The Germans also performed an about turn on their ETS. Did Rudd follow? Plus the Greens will be the big winners in climate change’s loss, inflation is still declining, and taking a punt on the UK polls.
No demand for Al Jazeera on Foxtel, says Williams
Why doesn’t Foxtel run the Arabic news service Al Jazeera? There are news services from the US and Europe — why not the Arab world? Surprisingly, Al Jazeera itself doesn’t seem too fussed about the matter.
Killing the ETS was a team effort
Rudd and Wong can’t take all the credit for killing the ETS: every news outlet that ran dodgy polluter-commissioned modelling and op-eds from climate denialists and wingnuts can also take a bow.
Business As Usual: China moves to correction territory … trifecta for Stokes …
China’s stock market move into correction territory yesterday, while its property sector is being crunched … Kerry Stokes got a trifecta yesterday … The Japanese car market takes a dive … Another seven US banks bit the dust and were closed by regulators …
NRL, News Ltd facing a nightmare of conflicts of interest
Given News Limited’s stake in both the NRL and the Melbourne Storm, how can the NRL board can ever make an independent decision about the team? asks Michael Visontay.
Daily Proposition: The lowdown on Lowdown, which cuts close to the bone
The star of Wilfred has parlayed his ridiculous adventures in celebrity journalism into eight 30-minute episodes of rolled-gold comedy with Lowdown. It’s worth a look, says Daniel Ziffer.
Some questions for Emergency Services Commissioner Bruce Esplin
Tomorrow, Emergency Services Commissioner Bruce Esplin will face the Black Saturday Royal Commission — but is the Commission ready to ask him the tough questions? asks Tess Lawrence.
World Championship Chess: Sofia erupts as the games begin
The World Chess Championships have started, and Ian Rogers, Australia’s first Grandmaster, is in Sofia watching the action. Defending champion Viswanathan Anand is competing against local hero Veselin Topalov in the Bulgarian capital. It’s chess at its finest.
Your Say: Daily Mail readers' feedback: Immigration and international law
Neil James, Executive Director of the Australia Defence Association writes to Crikey regarding the current asylum seeker debate. Plus, no more Mister Nice Guy Rudd?
Morning Market Report: A bad day for the market
The market is having a bad day — down 67 — after Standard & Poors cut Greece’s debt rating to “Junk”. Wall Street closed down 213 overnight.
Media briefs: Tick for Stokes merger … the Post’s missing writers
Washington Post loves its Pulitzers, even if it doesn’t love its writers. Rugby league enters the third dimension, the race for the Gold Logie hits YouTube and other media news of the day.
Guthrie v News: the princess and the paper
The second morning of the Guthrie vs. News Ltd hearing gave the world an insight into the editorial processes of the Herald Sun. Andrew Crook was in court for the who-said-what-to-who-when saga.
The Media Monitors' Top 20: Failed CPRS makes the headlines
The failed CPRS is in the news, but so is a certain chair sniffing disgraced pollie from WA. And the silver screen suffers from a severe case of Bieber fever.
