Best of the Blogs: Is Populism Synonymous With Irresponsibility?
Minyanville StaffMar 15, 2012 10:10 am
Minyanville's daily roundup of some of the best financial commentary from around the Web.
This column highlights the most interesting and useful business and financial commentary from around the Web each day. Feel free to send along your own suggestions for blog content that you've read or written.
"'Populism' is a loaded term in modern American politics. On the one hand, it conveys the idea that someone represents (or claims to represent) the broad mass of society against a privileged elite. This is a theme that plays well on the right as well as the left – although they sometimes have different ideas about who is in that troublesome 'elite.'" (For related content, see Is OWS SOL?)
"MF Global's creditors (and clients) in Europe, and everywhere else, have many reasons to be furious. Now those in Europe have one more to add to their list of grievances: a complete and totally public disclosure, courtesy of KPMG, of not only how much they are owed, but their mailing, and in many cases, home address. In other words, not only will these individuals not receive their full claims in the insolvent entity whose primary specialty as it turned out was rehypothecating what little assets it did have, but now have to worry about the taxman coming after them...."
"I have never owned a print edition of the Encyclopedia Britannica. After the Britannica company's announcement that, like the Oxford English Dictionary, it would discontinue its print editions to focus on its online offering, it's clear that I never will."
"People love Google Plus. Wait, they hate Google Plus. No, that's not right, either. Lots of people are using Google Plus. No, it's a ghost town. Rather than bicker constantly about who likes it and who doesn't, let's agree that opinions are split on whether Google's latest social network works. But let's see if we can, together, figure out the problem with Google Plus." (Also Read Google Plus Completes the Bear Case for Facebook.)
"Yesterday, Yahoo CEO Scott Thompson sent out an email to the troops in what appears to be an attempt to soothe the company that has been under a lot of stress, including more high-level exec departures, board changes and more. More importantly, the Silicon Valley Internet giant is nervously waiting for a restructuring expected to hit within weeks and also has been unnnerved by Thompson's aggressive legal attack on one of its key partners, social networking site Facebook." (For related content, see Can Yahoo Be Saved?)
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Get The Minyanville Daily Recap Newsletter
Stay current on financial news, entertainment, education and smart market commentary.