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COMMENTARY Arianna Huffington just wrote an “important” op-ed, “Delevering in a Delevering World“. I know flummery when I see it: On Monday, I was in Newport Beach to speak at the annual client conference of PIMCO, the world’s largest bond investment company — whose CEO Mohamed El-Erian is a frequent and very popular HuffPost blogger. More than [...] Arianna Huffington, former Santa Barbarian, has proved to me that there is big money in low-brow blog blather so I am considering revamping The Daily Capitalist™ into something similar in order to cash in on the big bucks. I’m guessing that some down and out web media company will need my catchy formula to rescue [...] |
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