THE NEWS HACK'S CREED:
I know more than you.
I make lots more money than you.
I'm smarter than you.
I'm sexier than you.
I appear on TV all the time.
I work ten minutes a day.
I rule the universe.
I'm going to live forever.
You are an idiot.
THE NEWS HACK'S CREED, No. 2:
A lie isn't a lie when it tells THE TRUTH.
THE NEWS HACK'S CREED, No. 3:
I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
--JOHN "OMERTA" CARROLL.
THE NEWS HACK'S CREED, No. 4:
News isn't news when we don't report it.
PERMALINKS:
THE NEWS HACKS' DICTIONARY
THE EUGENE DAVID GLOSSARY
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"At this rate, LNKD will be bigger than 136 companies in the S&P 500," says Bespoke on Twitter. Of those buying at "tree-top tall prices," David Menlow of IPOfinancial.com advises to "put those people on suicide watch.”
Suicide watch? Triple-your-money-in-two-days permanent-prosperity watch!
PFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFT!!!!!
“Some might say the company is overpriced,” Randall says. “I’d say it’s ‘premium valued,’ which is just a ten-dollar Wall Street phrase for the same thing.”
Which will be worth TWO HUNDRED in the next three hours!
P. S. at 10:46 a. m.:
"OK. This is almost hilarious. P/E Ratio for $LNKD right now: 1,221 - SERIOUSLY?! Yes you are reading that correctly," says Bloomberg's Cris Valerio of LinkedIn's (LNKD) debut. Stock did soar to over 100% but is now a mere +90%.
GEKKO KUDLOW! WE NEED YOU!!!!!