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December 14, 2006

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Does Ben know?

Idiotic headline of the year entrant number 214 from the front page of today's Standard: Latest Fed decision backs Yam theory.

While I'm sure Joseph Yam is a smart (and well compensated) man, I don't think the Fed governors spend a lot of time worrying whether their decisions chime with Yam's views. Given yesterday was one of those rare days where something happened in this town, the SCMP managed to splash a dramatic photo of the Star Ferry fracas over the front page while The Standard manages two 1/4 page columns of nothing on its messy front page. In the race to the bottom in Hong Kong's paper wars, The Standard has managed to slide way past the SCMP at a rapid rate.

 posted by Simon on 12.14.06 at 09:40 AM in the Economics/Finance category.




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