ANOTHER KIND OF RUN ON THE BANK

Files under General | Sep 27th

Only in New YorK:

Police said a bank teller in suburban New York had a simple question for a would-be robber: Are you serious?

Police said that was enough to spook the female suspect, who fled the Roslyn Savings Bank in Centereach late Thursday afternoon without a dime.

Police said she walked into the bank located inside a supermarket on Route 25 about 4:49 p.m. and handed the teller a note demanding cash and threatening to open fire with a gun if the teller didn’t comply.

That’s when the teller apparently expressed her crime-fighting skepticism. Police said the woman left without ever showing a gun.



PAUL NEWMAN HEADLINES

Files under General | Sep 27th

Two different ways to write a headline.

A good one.

“Hollywood’s blue eyes close”

And a boring one, that minutes later was improved.



TOO MUCH DECORATION

Files under General | Sep 25th

Too much decoration.

Less is more.



A HEADLINE RIGHT TO THE POINT

Files under General | Sep 25th

Well done!



THE NEW REVISTA UNICA (4): LATEST COVER

Files under General | Sep 25th

This was the cover of Expresso’s new REVISTA UNICO.

Readers love the new magazine.

And advertisers, too.

Henrique Monteiro, Mafalda Anjos and their team are producing a fantastic and UNIQUE magazine.

(Thanks to João Viegas)



THE CRISIS IN PLAIN ENGLISH: DAVID LEONHARDT

Files under General | Sep 25th

David Leonhardt‘s analyses are presented on the front page of The New York Times.

So he must be very good.

He is brilliant.

Read here his latest piece called Issue Is Payback, Not Bailout

A quote:

Personally, I couldn’t care less how much of the subsidy goes to Wall Street’s chief executives and how much goes to Wall Street’s shareholders. I care about the size of the subsidy that we taxpayers are paying. And in a frenzied week, any time spent on talking about C.E.O. pay is time not spent on designing the toughest possible bailout package.

I will try to find more sources of good financial journalism, but my point on these matters is this:

I am with Henry Luce, who said that it is easier to teach economics to a journalist than to rewrite the stuff produced by economists.

Remember that he selected the first FORTUNE editors from the English department of Harvard University.

And they did a marvelous job.

What we need today is not more brilliant economists in our pages, but brilliant storytellers who are able to explain the financial mess produced by all these Wall Street crooks, lazy regulators and stupid politicians.

It’s time for watchdog journalism.

It’s a big time for real journalism.

The best time for storytelling.

(In the picture: a fantastic poster for the “War of Wealth” by Charles Turner Dazey, a play that opened Feb. 10, 1896.)



THE CRISIS IN PLAIN ENGLISH: DAVID CAY JOHNSTON

Files under General | Sep 25th

“Let’s do our job.

“Let’s be skeptical and ask the core questions, not the detailed ones around the edges.”

Pulitzer Prize winner David Cay Johnston, a former New York Times reporter, brings some common sense and real watchdog journalism to the crazy race to pass legislation that nobody understands and that will benefit the same crooks.

In his latest entry on Nieman Watchdog (INNOVATION’s Barry Sussman is the editor), David poses the real questions:

Q. Do we need a bailout of American and foreign banks? Show us in detail the reasons for this, and the numbers. Make the case.

Q. Is there a market solution to this? If so, why impose a government solution? If not, what does that tell us about our entire economic theory?

Q. Is there a less expensive solution?

Q. How do we know this will not just be a down-payment on a much bigger bailout?

Q. Is there a solution that provides direct help to those who took out these loans, rather than those who sold them?

Q. If AIG and others are too big to fail, what does that tell us about government anti-trust policy and regulatory policy and inaction?

Q. Why have both Goldman Sachs and Morgan Stanley made clear that they want in on this deal? Get skeptical and ask the basic questions: Who benefits, how much and what makes this plan so attractive that Goldman and MS want to participate? Ditto for GE. That they and others want to be included should prompt a great deal of skeptical questioning.

Q. How does banning short selling of the stocks of 900 companies help the markets? (The markets are heavily biased toward the sell side, so why constrain the shorts, who often turn out to be right about stocks whose share prices have been artificially inflated.)

Q. How does banning short selling of this growing list of companies show a commitment to “free markets,” a stated goal of this and a long lost of previous administrations?

Q. During this short selling ban, why are there no parallel controls on insiders getting out of their positions?



THE LATEST REDESIGN OF THE OLD (AND NEW) INDEPENDENT

Files under General | Sep 24th

After a recent failed redesign, another redesign …

It seems that the newspaper is not working … and neither are the redesigns.

The new front page and the new inside full-color pages cannot be found on The Independent’s Web site, either.

I hate newspaper websites that don’t show the front page.

It’s crazy!

The online people are fighting their own battle, and the paper is losing the war.

Search on their website for “The Independent redesign,” and nothing is found!

So, the only way to asses the new design is to read what a competitor says.

That is trash.

Well, at least there is one interesting point that seems right to me.

If you see the most-read stories on The Independent’s Web site, you will agree with Mark Porter that now this newspaper “is clearly downmarket.”



MORE BORING SPEECHES AND MORE BORED POLITICIANS

Files under General | Sep 24th

This time at the European Parliament.



BORING POLITICIANS, SLEEPING AUDIENCES

Files under General | Sep 24th

Geraldo Alckmin, a Brazilian politician from the PSDB, speaks and a photographer from Folha de S. Paulo captures the audience’s reaction.

Dead.

Dead.