A newsman who said he was from the nationally-syndicated America's Morning News asked Vermont Sen. Bernie Sanders how he and his colleagues could be taken seriously on matters of financial security when they haven't passed a budget in "several thousand days." The exchange below is what followed ...
Guest post by Gabriel Rossman -- Sociologist at UCLA. His work applies economic sociology to media industries. He blogs at Code and Culture and is the author of Climbing the Charts.
I study media markets and one of the interesting things about the entertainment industry is there's a lot of complex pricing. This includes both simple bundling (eg, basic cable) and two-part tariffs (eg, HBO). These pricing practices are forms of price discrimination, which is ...
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Posted by: Oliver Wright
Last night, hedge fund managers and bank executives filled the Javits Center in Manhattan for the famous Robin Hood Foundation's annual benefit, which raises funds to fight poverty in New York City.
Financial industry heavyweights in attendance included Bill Ackman, Lloyd Blankfein, Steve Cohen, Glenn Dubin, David Einhorn, Paul Tudor Jones (the founder of Robin Hood), Dan Loeb, Howard Lutnick and George ...
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A secretive network of left-wing billionaires and their political operatives descended on the luxurious Biltmore Hotel in Miami over the weekend to discuss strategy for the coming elections.
The location of the conference had been kept a closely guarded secret by the members and guests of Democracy Alliance (DA), a collection of ultra-wealthy liberal donors formed in 2005, ...
Posted by: Oliver Wright
David Shankbone is arguably one of the coolest guys working on Wall Street.
While he's not a high-flying financier—he actually works in the legal department of a financial firm—he's an adventurer whose life has been shaped by his own choices and made him an influential figure in the digital age.
In the past, Shankbone has motorbiked across Cuba and Portugal, gone camping in the Amazon and gotten lost in Morocco.
And since 2006, he has ...
Continue Reading →George W. Bush: ‘I’m for Mitt Romney’
By Matt Negrin, ABC News
@MattNegrin
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Mitt Romney has the support of George W. Bush.
“I’m for Mitt Romney,” Bush told ABC News this morning as the doors of an elevator closed on him, after he gave a speech on human rights a block from his old home — the White House.
Bush’s endorsement isn’t a surprise, given that Romney is virtually the Republican ...
