Archive for February 5th, 2010
Roubini: From Here On Out, The Market Will Be Flat At Best
During his interview with Bloomberg TV, Nouriel Roubini says the S&P will remain “flat over the year.”
“The markets in my view are going to do okay in the first half of the year, but expect there to be a massive slow down in growth in the second half of the year.”
Watch Nouriel below:
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See Also:
- The US Fiscal Problem Is A Ticking Timebomb, And Obama Lacks The Political Capital To Deal With It
- Roubini: What Russia Needs Is A Good Crisis, So It Can Fix Itself
- Roubini: U-Shaped Anemic Recovery For Global Economy
Roubini: From Here On Out, The Market Will Be Flat At Best
During his interview with Bloomberg TV, Nouriel Roubini says the S&P will remain “flat over the year.”
“The markets in my view are going to do okay in the first half of the year, but expect there to be a massive slow down in growth in the second half of the year.”
Watch Nouriel below:
Join the conversation about this story »
See Also:
- The US Fiscal Problem Is A Ticking Timebomb, And Obama Lacks The Political Capital To Deal With It
- Roubini: What Russia Needs Is A Good Crisis, So It Can Fix Itself
- Roubini: U-Shaped Anemic Recovery For Global Economy
More Newspapers Put Up New York Times-Like Paywall
MediaNews is following the Financial Times and the New York Times by building a metered paywall for two of its papers in May, Bloomberg reports.
Under the plan, MediaNews will grant access to “as many as 25 ‘premium’ articles monthly, after which they’ll have to pay an undetermined fee unless they subscribe to the print newspapers,” company president Joseph Lodovic told Bloomberg.
Readers of York, Penn.’s York Daily Record and the Enterprise-Record in Chico, Calif. will face the wall by spring.
If the plan is successful, the news group will apply the paywall to more of its 50-plus newspapers.
Unable to compete with plummeting readership and advertising, MediaNews filed for bankruptcy protection two weeks ago. The news group is anticipating that the paywall will combat the effects of plunging advertising and readership.
The New York Times‘ payment plan won’t go into effect until 2011.
Join the conversation about this story »
See Also:
- MediaNews Holding Company Will File For Bankruptcy Protection
- How To Revive A Bankrupt Newspaper Company
- The New York Times Paywall Will Be ‘Revenue-Neutral’
More Newspapers Put Up New York Times-Like Paywall
MediaNews is following the Financial Times and the New York Times by building a metered paywall for two of its papers in May, Bloomberg reports.
Under the plan, MediaNews will grant access to “as many as 25 ‘premium’ articles monthly, after which they’ll have to pay an undetermined fee unless they subscribe to the print newspapers,” company president Joseph Lodovic told Bloomberg.
Readers of York, Penn.’s York Daily Record and the Enterprise-Record in Chico, Calif. will face the wall by spring.
If the plan is successful, the news group will apply the paywall to more of its 50-plus newspapers.
Unable to compete with plummeting readership and advertising, MediaNews filed for bankruptcy protection two weeks ago. The news group is anticipating that the paywall will combat the effects of plunging advertising and readership.
The New York Times‘ payment plan won’t go into effect until 2011.
Join the conversation about this story »
See Also:
- MediaNews Holding Company Will File For Bankruptcy Protection
- How To Revive A Bankrupt Newspaper Company
- The New York Times Paywall Will Be ‘Revenue-Neutral’
North Carolina Judge Saves World From John Edwards Sex Tape
When we heard John Edwards had a sex tape, we groaned and mused (via Twitter) that this would really hurt his chances in the 2012 presidential elections.
We’ve also been wondering when the 15 minutes of fame for former Edwards’ aide Andrew Young — the possessor of said sex tape — would be up.
That time could finally be coming, thanks to North Carolina Superior Court Judge Abraham Penn Jones.
At a hearing today, Judge Jones held Young in contempt of court and ordered him to turn over the “personal” video tape sought by Edwards’ former mistress, the AP reported.
The mistress, Rielle Hunter, had obtained a temporary restraining order against Young, seeking the return of the video. But Young’s attorney refused to give it up.
The judge did not appreciate that move. He ordered the DVD be turned over to the Court, which will hold it and other items “under lock and key” until the invasion of privacy lawsuit between Hunter and Young is resolved, the article said.
So the sex tape may never reach the public, and we’ll all be better for it. Of course, if Hunter gets it back, nothing is to prevent her from selling it to the highest bidder. So we’re not really safe yet.
Join the conversation about this story »
See Also:
- Book On John Edwards Ensnares Late Texas Plaintiffs Attorney Fred Baron
- John Edwards: Yes, I Lied To You When I Was Apologizing For Lying To You
- The Business Of Revenge: How Rielle Hunter Should Respond To Elizabeth Edwards’ Attack