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Posts Tagged ‘ClusterStock’

Sharing is Caring! NYT.com Launches ‘Times Extra’

tmsexta.pngThose of you who get your New York Times online — and 99.99% of the time that includes us — may have noticed something different when you clicked on the homepage this morning. At first we thought it was just an extra level of advertising (turns out that was the WSJ!) but lo and behold the Times had decided to launch their Times Extra feature. Times Extra, once you click on the button (and you have to do it every 24 hrs apparently or it switches back) provides an “alternative view” of the home page and features news headlines with links from third-party sources.

So! What happens when the Times decides to link to you (they are apparently using a a news aggregator system called Blogrunner they acquired back in 2005)? Could it be the new Drudge (or HuffPo) of traffic providers? Earlier this morning we happened to notice that one of the external links provided below the home page story about all the money Rahm Emmanuel was for a Clusterstock piece written by our friend John Carney. Carney assured us he would look into his numbers and let us know whether it was a measurable boon.

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The Financial Crisis is Making Us Smarter

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This financial crisis is doing for our financial knowledge what the primaries did for our civics knowledge (seriously, how many people out there knew the difference between a caucus and a primary twelve months ago?). It also means that we are traveling to new destinations on the Internet: regular readers know we often turn to Clusterstock, but today we also discovered Robert Lenzner‘s Street Talk at Forbes.com. To be sure, we are a long way from being able to explain what’s going on, or say, tell you exactly what a derivative is, but it’s a start. Also, we liked that Forbes.com included a quote along with the requisite ad page.

Breaking: House Votes Against Bailout

api.gifThe New York Times isn’t running the story yet, but CNBC is reporting that House Republicans have scuttled the $700 million bailout plan. However, all may not be lost. Per Clusterstock:

In the initial voting the bailout fell short by over a dozen votes from what it needed to pass in the House of Representatives today, shocking the market and Capitol Hill insiders.

House members, however, can change their votes until the vote has closed, according to a source on the Hill. Right now serious arm-twisting is getting down on the House floor, as the House leadership pushes to get members to change their vote and get the measure passed.

Meanwhile the Dow is down 500 points.

Update: The Times is on board now, complete with scary headlines. A friend in the Morgan Stanley offices just wrote to tell us: “I haven’t seen so many quiet people staring at a TV screen since the crash of ’87, when the entire 48th floor of Smith Barney was standing in front of a Bloomberg watching their net worth vanish.”

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Carney to Leave Dealbreaker for New Silicon Alley Insider Financial Site

n617462237_981692_3047.jpgFBNY has just been informed that John Carney (known around these parts as our numbers man) will be departing Dealbreaker at the end of the week to launch a new financial news site with the folks that produce Silicon Alley Insider. Carney had this to say via email:

I’m leaving DealBreaker at the end of this week. It’s been a great two-and-a-half year run. I’ve decided to join the team led by Henry Blodget that produces Silicon Alley Insider. I’ll be editing and writing their new financial news site, which is now called ClusterStock (although that may be changing). It will carry on in the tradition of DealBreaker, with a blend of humor, gossip, commentary and breaking news. It’s a new era on Wall Street and I’m headed to a new site to cover it.

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