Bonus Rage

Links 2/12/2010

Posted by Steven Russolillo on February 12, 2010
Banks, China, Dollar, Dow Jones Industrials, Economy, europe, Financials, Internet, Markets, Media, Recession, Retail Sales, S&P 500, Unemployment, Washington / Comments Off

- Europe’s announced support for Greece was “badly bungled,” former IMF chief economist Simon Johnson says. And if the euro continues to depreciate, he believes the G7 will need to weigh in on the situation.

- Palm not exactly lighting it up in Verizon stores, but should benefit long-term. “Palm will be well-served with Verizon as a partner, but its challenge – as always – is one of awareness,” John Paczkowski says. “Once it overcomes that, increasing carrier momentum should follow.”

- Apple’s (AAPL) iPad is more than just a fancy gadget. “When I look at the iPad, I see a clean slate to reinvent pretty much how we think of media, information and in fact the whole user experience,” Om Malik says.

- Google wastes no time announcing privacy improvements for Buzz. “It’s still early, and we have a long list of improvements on the way,” Google’s Tom Jackson writes in a blog post.

- Unfortunately, Toyota has a thing or two in common with the banks. The good news, Barry Ritholtz notes, is the auto maker doesn’t need a bailout, and “they didn’t cripple the world’s economy.”

- All the jostling surrounding the financial-reform bill in the Senate is getting a bit confusing, Reuters blogger Felix Salmon says. “I’ve been pessimistic throughout this process,” he writes. “After decades of getting exactly what they want, I just can’t believe that the banking lobby is now going to end up getting exactly what they don’t want.”

- Let Greece go to the IMF, Harvard economist Jeff Frankel suggests.

- Do e-readers cause eye strain? “It turns out the answer isn’t as black-and-white as we might assume,” NYT’s Bits blog says.

- FT Alphaville wonders where all the bonus rage has gone.

- Olympic luger dies after training crash, just hours before the opening ceremony.

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