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December 5, 2008

Procrastinators: Read This

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--Steve Proffitt

Under the category of "stuff you can always use", here is a handy, and very comprehensive guide to holiday delivery deadlines for scores of online merchants. If you have any money at all to spend this season, a quick look shows that you can easily kick back for a week or so before panic Web shopping sets in.

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September 23, 2008

Bailout: Yes or No?

Economic Tsar?


Tsar Alexander II - Getty Images

--Madeleine Brand

We heard today on the show that regular people are really angry at the idea of bailing out Wall Street to the tune of $700 billion. They think Wall Street should pay, not taxpayers.

Many are wondering about this provision in the bailout language:

"decisions by the (Treasury) Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."

Andrew Ross Sorkin at the New York Times calls it the "mother of all power grabs."

Senator Christopher Dodd (D), chairman of the Senate Banking Committee, says the plan is "unacceptable." His Republican colleague on the committee agrees. Senator Richard Shelby said today, " We have got to look at some alternatives."

What do you think?

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September 19, 2008

The Big Picture

--Steve Proffitt

Today we talked to a Wall Street equity researcher who had a negative take on the SEC decision to suspend short trading.

We found him through his blog, which is packed with funny and sometimes outrageous commentary on the financial world.

If you are looking for an alternative view of what's going on in the money world, we recommend Barry Ritholtz' The Big Picture.

And you can hear our conversation with him here.

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