Category Archive for 'News'

What a week it was, starting with Lehman’s bankruptcy, through AIG’s bailout, wild gyrations in the market, capped with a supposed $700 billion plan for the government to enter the toxic mortgage business. What will next week bring? According to Joe Nocera of the NYTimes, the big government bailout is a Hail Mary pass that can [...]

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MarketWatch columnist Jon Friedman (left) has a provocative column today on the role of financial media in the continuing Wall Street crisis (the Dow is down over 330 points in early trading despite the government’s $85 bailout of AIG). Where is the skepticism and outrage at Wall Street titans that journalists direct to other news makers, asks [...]

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Waiting for the other shoe to drop

It’s been a harrowing couple of days as, one after another, financial institutions sputter on the brink of evaporation. The bulk of my 20 year career has been in financial PR, often representing Wall Street banks such as Lehman Brothers. In good times the work is heady and intellectually stimulating. You get to work with [...]

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Floyd Norris (left), the chief financial correspondent for The New York Times, has been the solid, authoritative dean of financial columnists for over 20 years. Floyd can be dense to read but he has gravitas - you have a vision of him pecking away on a manual Olivetti in a corner office heaped with 10-Ks and [...]

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PR/Media Week in Review 09-14-2008

JOHN McCAIN’s WEEK OF SHAMEFUL LIES
This was a watershed week in the race for the Presidency as John McCain and his gang of rough riding PR clowns hit us with a blizzard of lies that proved - if we needed a reminder - that the Bush Doctrine of nasty, base, deceitful pre-emptive attacks is very [...]

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If there’s any validity to this competition, that would be the headline at the end. Alas, that’s not going to happen, so we will announce the real winner now.
All other PR bloggers are nibbling at the edges, Richard Edelman is square in the center, week after week, post after post. He deserves recognition for the most important, insightful, [...]

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The Shellacking of the Flack

What is going on with the shellacking of The Flack by Beyond the Hype in the PR Week blog competition? The lopsided results point to several problems with this competition that the PR industry, in its slap-happy embrace of anything that creates PR for PR, is not willing to acknowledge.
There is no criteria for this [...]

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