Day November 4, 2007

Galloway faction splits from Respect

The rupture seems complete. SWP, the Marxist vanguard party that burrowed itself into Respect, has apparently succeeded in mangling, maybe even destroying it, as well as hurting themselves too. And here I thought solidarity was a bedrock principle of Marxism,…

Analyst downgrades Citigroup

And gets death threats for her trouble. But not to worry, she’s married to a former pro wrestler. (Yet again, actual events have made satire increasingly difficult to do.)

Race-based subprime mortgages?

Nearly half of blacks who bought a house in 2005 or 2006 ended up with a high-interest mortgage, compared with 13 percent of white home buyers, according to an Atlanta Journal-Constitution analysis of federal mortgage data. The disparity was striking,…