Articles

  • Posted Friday, November 20, 2009 - 9:32am

    Treasury Secretary Timothy Geithner sharply rejected a call to resign from his job and told a Republican congressman, "You gave this President an economy falling off the cliff."

  • Goldman Sachs' Shareholders Seethe


    Posted Friday, November 20, 2009 - 3:32am
    Illustration by Robert Neubecker.

    You can add some of Goldman Sachs' (GS) most important shareholders to the growing list of agitators who do not approve of the firm's plans to pay out record bonuses this year.

    TAP Tagline: 

    Goldman Sachs' investors want more of execs' riches.

    • Bernhard Warner is editorial director of Social Media Influence.
    • Matthew Yeomans runs Custom Communication
    Illustration by Robert Neubecker.

  • Soros Gives Ford More Cause To Be Giddy


    Posted Thursday, November 19, 2009 - 4:00pm

    No doubt about it, Ford (F) came out of the springtime auto bankruptcy follies looking a whole lot better than its Motown rivals, General Motors and Chrysler. Now we learn that billionaire investor George Soros took a big stake in the company. Soros. Ford. CEO Alan Mulally has to feel like he’s on top of the automotive world right now.

    • Matthew DeBord has written about the auto industry for the Washington Post, the Los Angeles Times, the Huffington Post, and Car Design News.

  • Our New Home Page


    Posted Thursday, November 19, 2009 - 3:05pm

    If you think The Big Money looks a little different today, it’s not your imagination. We’ve redesigned our home page to make things a little easier to find. Loosely based on the design of our sister site Foreign Policy, TBM’s new look allows us to showcase blogs and features in snazzier, more accessible ways. In addition, we’ve added standing links to our regular bloggers, columnists, contributors, videos, and podcasts. We hope you find the redesigned page handsome and useful.

    TAP Tagline: 

    Welcome to TBM’s redesigned homepage. Find out what’s new.

  • Posted Thursday, November 19, 2009 - 2:40pm

    If you’ve searched online for a hotel recently, chances are you’ve stumbled upon TripAdvisor, the hotel review Web site. TripAdvisor ranks hotels according to crowdsourced feedback. Anyone can go to the site to rave or rant about a stay in a particular hotel.

    • Caitlin McDevitt is an editorial assistant at The Big Money.

  • Posted Thursday, November 19, 2009 - 1:40pm

    from BloombergNov. 19 (Bloomberg)—It was a happy accident that Barack Obama found himself in Beijing on the day the U.S.

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    • Eric Pooley, a former managing editor of Fortune magazine, is writing a book about the politics of global warming and is a Bloomberg News columnist.

  • The Car Czar Cannot Be Serious


    Posted Thursday, November 19, 2009 - 12:51pm

    Ron Bloom, the man taking the lead for the Obama administration’s auto task force, told Reuters that the U.S. Treasury, which controls 60 percent of General Motors, was a tad surprised when the carmaker decided against selling Opel: “Bloom said the administration was caught off guard when GM decided this month to keep its European Opel unit rather than sell a majority stake to a Russian-backed group led by Canadian auto parts maker Magna International.”

    TAP Tagline: 

    If the car czar doesn’t know what’s going on at GM, who does?

    • Matthew DeBord has written about the auto industry for the Washington Post, the Los Angeles Times, the Huffington Post, and Car Design News.

  • Posted Thursday, November 19, 2009 - 12:35pm

    from SlateIn Shanghai, which is China's New York, locals and expats are doing their best to foist American-style consumerism onto China's rising masses—with mixed results. Starbucks (SBUX) has opened several hundred stores, even though China has no coffee-drinking culture to speak of.

  • Publix Creepily Videotapes Demonstrators' Kids


    Posted Thursday, November 19, 2009 - 12:00pm

    Barry Estabrook, who wrote the "Politics of the Plate" column before genius magazine consultants persuaded Condé Nast to pull the plug on Gourmet last month, has launched a blog called … Politics of the Plate.

    TAP Tagline: 

    Publix is videotaping its enemies’ kids. Creepy.

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    • Dan Mitchell has written for The New York Times, The Chicago Tribune, The MInneapolis Star-Tribune and Wired.

  • Big Chrome Announcement Today


    Posted Thursday, November 19, 2009 - 11:44am

    Google (GOOG) is planning to hold a big press conference at the GooglePlex today, where engineers and flacks will unveil new details about the much-discussed Chrome operating system. This is part of the company's big push for cloud computing, in which users dispense with the usual model of expensive personal computers and run with lightweight, cheap netbooks that use the web itself as the platform for office software.

    TAP Tagline: 

    Enough conjecture: Google’s Chrome operating system is finally here.

    • Chris Thompson is a writer living in Brooklyn.