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Don Draper would be proud

October 28, 2009

Recently, there have been countless ads for auto insurance all making a similar claim: drivers who switch to that firm save significant amounts of money. How can every major insurance company make a similar statement? They can't all be cheaper than every other company, on average. As a particularly egregious example, Allstate's website declares it […]

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Because a little marketing goes a long way

October 16, 2009

From the WSJ's back page: Why bother? Despite posting a strong third quarter, Goldman Sachs Group went to extra lengths to put gloss on the results. The first bullet point in its earnings release says the firm ranked No. 1 in global mergers and acquisitions announced in the year through Sept. 25. That's according to […]

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Tweeting Libor

May 21, 2009

I've just been handed an urgent and horrifying news story. I need all of you to stop what you're doing and listen: The British Bankers’ Association announced today it is now publishing its key benchmark figure (three-month sterling LIBOR) on Twitter every afternoon, shortly after it is announced to the financial markets. Words fail. Libor, a […]

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