Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
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Counter-cyclical Urban Policy
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Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
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Happy Hour
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Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
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Follow-ups: Chase, Rogoff
Remember the video footage of Chase leaving its customers' information – names, account numbers, social security numbers, loan applications, you name it – in the trash outside its Manhattan branches? Well, Chase has now responded to it, saying that "we are looking to see if this was an isolated situation" (um, the whole point of the video was that it wasn't an isolated situation: it happened all over the city), and that "we hope that the union people who got this personal info would not misuse it."
With all respect to Chase spokesman Tom Kelly, this is not good PR. If someone points out a massive security hole in your operations, you thank them profusely. You do not start casting aspersions and hinting darkly that they might "misuse" it.
Also, Le Monde fell for the Ken Rogoff fake Wolfowitz memo hook, line and sinker. Pretty funny.
(HT: Dealbreaker, Midas Oracle)






