Entries by emptywheel

Dana Milbank’s Time Management Problems

Dana Milbank reveals what really doomed Mouthpiece Theater.

Dana Milbank says it was clear that “Mouthpiece Theater” wasn’t working even before the “Bitch Beer” brouhaha. “We were trying to squeeze it into our daily routines, writing and filming it while still keeping up our other responsibilities, in my case writing four columns a week and in [Chris] Cillizza’s case writing umpteen blog items a day …If anybody has an idea about a

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SEC Charges Hank Greenberg on AIG Accounting Violations

You mean we had to bail out AIG because Hank Greenberg was making misrepresentations about the companies profits that enabled it to keep blowing up the bubble?

The Securities and Exchange Commission today charged former American International Group Chairman and CEO Maurice “Hank” Greenberg and former Vice Chairman and CFO Howard Smith for their involvement in numerous improper accounting transactions that inflated AIG’s reported financial results between 2000 and 2005.

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Cash for “Assembled in the USA” Program

Yesterday, I showed that the only “made in America” car (including engine and transmission) that would get someone trading in an Explorer the full $4500 Cash for Clunker benefit was a Ford Focus (though I shortchanged the Chevy Malibu and Saturn Aura, which are assembled in the US though may have an engine or transmission made in Canada or the US).

The point being that manufacturers don’t make many efficient cars in

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