Aaron London of the Daytona Beach News-Journal writes Saturday about the literary prose that surprisingly creeps into some business news stories.
“Consider a recent report on Merrill Lynch’s decision to sell off some parts and issue new stock to raise capital.
“According to the report, the company ‘in a broad move to clean up its troubled balance sheet’ announced plans to ‘sell a big slice of its toxic asset backed securities . . . ‘
“No dry economic prose here. How pleased the Merrill Lynch executives must be of the descriptive reporting of their securities as toxic. Perhaps they can also entice the buyer to purchase some land near the Love Canal or in an area contaminated by kiln dust.”
Read more here.
The Connecticut Mirror (CT Mirror), a nonprofit, nonpartisan, digital newsroom that covers statewide public policy…
Ingrid Verschuren, executive vice president of data and artificial intelligence and general manager of Europe,…
Houston Chronicle energy industry reporter Amanda Drane has moved to the investigations team from the…
As global demand shifts toward renewable energy and sustainability, the role of Houston’s energy sector…
Business Insider founder Henry Blodget sent out the following on Friday: Team, Seventeen years ago,…
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron's and Investor's…