Op-Ed Friday: Doom's 2010th Post

Well, we’ve now blogged one post for every year since Christ was a Midshipman.  Igor and I regret that twist is missing the party, but hope she can check in later this morning once her internet glitch is fixed :)

Welcome to Doom’s Friday open thread.  To get the ball rolling, let’s see what WSJ and WaPo think of Obama versus the Chrysler investors.

First up are Murdoch’s attack team [1] …

The U.S. government’s restructuring plan for Chrysler LLC is sounding alarm bells for those in the business of lending money who worry that the plan could subvert decades of standing legal precedent and investing principles.

… followed closely by Steve the administration apologist.[2]

There may be nothing more pathetic than a hedge-fund manager worked up in a moral lather, complaining that he hasn’t been treated fairly.

While this is hardly the stuff of FDR’s first 100 days back in ’33, it’s not exactly WWE midget wrestling, either.  Meanwhile, while you’re waiting for the new H.4.1 charts why not weigh in on America’s latest bailout?

—————————

[1]: "U.S. Tactics Spark Worries Over Lenders’ Rights", by Serena Ng and Annelena Lobb, Wall Street Journal, May 1, 2009.

[2]: "A Laughably Late Conversion to the Cause of Fairness", by Steven Pearlstein, Washington Post, May 1, 2009.

Share

Related Posts

  1. Washington Post: Slight Errata (December 7, 2007)
    Tagged in Phoenix Market

  2. Housingdoomers- Please Write My Post (August 26, 2006)
    Tagged
  3. Op-Ed Friday: Bear Stearns Blogging (June 29, 2007)
    Tagged ,
  4. $2.5B Sydney-based Hedge Fund at Risk Due to Rating Agency Downgrades (July 13, 2007)
    Tagged
  5. NY Post's Teri Buhl: NAR's Doublespeak on Support for Congressman Shays (November 3, 2008)
    Tagged , , in Finance

Written by

More posts by:

2 Comments for this entry

  1. twis says:
    May 1, 2009 at 4:25 AM

    John-

    My internet was down late yesterday afternoon. I was really annoyed that I couldn’t get on. I must admit though, with no internet, it was the earliest I’ve made it to bed in ages. It felt good to have a good night’s sleep.

    Igor says he’s “bitter”. I guess with me gone, he was stuck with the late shift. : )

  2. foreclosure_expert says:
    May 1, 2009 at 7:41 AM

    For anyone on Housing Doom interested on this Op-Ed Friday, Phoenix area listings are down for the 5th consecutive month — a total of almost 15,000 over 5-months:

    http://www.foreclosureexpert.info/2009/05/phoenix-area-real-estate-listings-take-another-plunge-down-17.html

Comments are now closed.