Sometimes it's hard to decide which is worse -- insurance companies, banks, or just the 1 percent. Today, banks win.We just learned that banking giants charge Americans anywhere from $84 to $144 every year just to maintain a bank account, according to a report from the California Reinvestment ... More >>
News publishers have always treated readers like commodities -- because that's what readers are. The real customers for publishers aren't readers, but advertisers. Readers are the product. It's not quite that simple, of course, and more enlightened publishers treat readers with respect and cover the ... More >>
Given how Silicon Valley moguls flee from the term "media company," you'd almost think it was as bad as "child-porn merchant." But whether they like it or not, companies like Google, Facebook, and Twitter are media companies. They don't have precisely the same business models as News Corp., Disne ... More >>
Occupy San Francisco is unleashing itself all over San Francisco's financial institutions come Friday, in what protesters are saying will be the largest street protest the city has experienced since the anti-war demonstrations in 2003. It's been several weeks in the making, ever since the Occupy ... More >>
Tamara PalmerMarina Snetkova bakes on her truck, Cookie Time.Marina Snetkova used to wake up at 5 a.m. for her Wall Street job as a day trader for a hedge fund; now she rises at the same time to hop in her truck to start baking.
After losing her job in 2008, Snetkova, who is originally from ... More >>
House Minority Leader Nancy Pelosi is rallying Democrats to defend the sundry Occupy movements that have sprung up across the country, appealing in a fundraising e-mail for money to help combat a "message war" against protesters orchestrated by GOP-connected lobbyists.Pelosi's e-mail was provoked ... More >>
Granny Greenleaf's "Lil Velvets." The Pumpkin Harvest Delight got scarfed before we could get a shot.If you replaced the word "sailing" from Christopher Cross's 1980 easy listening tour de force with the word "Oaksterdam," it would tickle so good.
Especially now, as the smells of autumn com ... More >>
Groupon, it appears, means to get rich or die tryin'. On Friday, it updated a regulatory filing indicating that it is scaling back its IPO plans. Less than five months ago, when it first filed, the company said it planned to raise about $750 million. Now that's been reduced to $540 million. The e ... More >>
"C is for Corporate Malfeasance"A guy calling himself Cookie Monster has written what looks to us like the most clear and persuasive explanation for the Occupy movement we've seen anywhere, a copy-and-pastable screed that everyone should send to their crazy aunts and skeptical grandfolks.
Admi ... More >>
Don't believe Fox NewsNo worries, folks: Barack Obama is still the leader of the United States, much to the disappointment of Fox News followers. The Wall Street Journal reported this morning that some idiot hackers thought they'd have a little fun with Fox News and give us another reason not to ... More >>
Yaniv Golan/FlickrAOL CEO Tim Armstrong is jealous of the new Internet bubble, and he wants in.
Last week during a meeting with investors, Armstrong noted the high valuations of companies like LinkedIn and Pandora and concluded that AOL is "severely undervalued." The Wall Street Journal quoted ... More >>
Bro-on-bro icing is the meme du jour. What started out as a fratboy prank in South Carolina has been picked up by Wall Street traders, A-list bloggers, San Francisco hiptards, and Fortune magazine, all within the space of two weeks. Apparently, the appeal of forcing your friends to down a 24-ounc ... More >>
Eliot Spitzer @ Commonwealth Club
"The Cataclysm of 2008-2009: Lessons Learned, or Lessons Ignored" is a lecture by a expert on Wall Street crime. Here's a man with history of going after securities-fraud characters, weighing in on regulatory reform and attempts to control the banking industry. ... More >>
Eh.We'd like to award the Wall Street Journal's Bay Area section with an even slightly less enthusiastic response than we gave the New York Times. And here it is:
We have our reasons.
At first, the the addition of Bay Area sections to the nation's most prominent national ... More >>
Our favorite morsels from the food blogs and beyond.
Chicken shit: Seriously? According to Slashfood's Sarah LeTrent (who got it from the New York Post) a former finance director at J. P. Morgan has reportedly spent the last few years trying to crack KFC's 11 secret herbs and spices. He may be clos ... More >>
Where's Gavin? Far from San Francisco. Far from our problems. Today the Board of Supervisors begins the nails-on-chalkboard, surgery-sans-anesthetic, Adam Sandler Film Festival-painful process of adopting hundreds of millions of dollars in budget cuts. Gavin Newsom won't be there. Not that the mayor ... More >>
Now that Wall Street investments have collapsed in value, it's fair to credit Nancy Pelosi's lead in the 2005 battle against Social Security privatization for saving us all from spending old age in abject poverty."In this downturn in the financial -- the stock market, thank God we won that fight," ... More >>