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The Jenner and Block report on Lehman just keeps on giving. Today I am going to focus on FRBNY's culpability in the apparent Lehman fraud - that is, the role that FRBNY (and thus Tim Geithner) played in keeping an insolvent institution afloat through the use of fraudulent artifices. We must look first to what the PDCF, or "primary dealer credit facility" was created to be. The report does this for us: Under the PDCF, the FRBNY would make collateralized loans to broker ‐ dealers, such as LBI, and in effect, act as a repo counterparty. Unlike a typical counterparty, though, with the creation of the PDCF, the FRBNY was generally understood by market participants to be the “lender of last resort to the broker ‐ dealers.” 5332 Reflecting the fact that broker ‐ dealer liquidity had become increasingly dependent on overnight repos to obtain short ‐ term secured financing, 5333 the PDCF was structured as an overnight facility. Pursuant to the F...

Advertising Age teamed up with social-media trend-analytics service What the Trend to create the weekly Top 10 Most Tweeted Brands list. How does it work? From the Notes section at the bottom of the AdAge.com post: We broadly define "brands" to include major marketers (e.g., Apple) and branded products (e.g., iPad), as well as celebrity and entertainment brands (e.g., Lady Gaga , American Idol ). Ad Age works with WTT to consolidate multiple threads of brand chatter (e.g., Apple, iPad, iTampon, Apple Tablet) into one position on the chart when it's clear that related Twitter conversations are basically all about the same topic, even if they use different keywords. This week's top 10: 1: Oscars (including Sandra Bullock , Kathryn Bigelow , The Hurt Locker , Avatar , James Cameron , Academy Awards, Kathy Ireland , Red Carpet, Precious , Crazy Heart , Tyler Perry , Best Picture, Jeff Bridges , District 9 , Molly Ringwald , Zac Efron , SJP, Be...

I use it too! The fast-growing citizen-journalism sector just got a new toy to play with, as TechCrunch described new iPhone app TwitCasting Live , which splits the iPhone screen in half, allowing users to record and broadcast video on the top half, while at the same time accessing their Twitter accounts or the Web on the bottom half. According to TechCrunch, TwitCasting Live users can tweet out a URL for their broadcasts, and their followers can click the links and watch (although without audio on other iPhones). The sessions can be archived on the TwitCasting site , as well. By David Cohen on Mar 05, 2010 05:54 PM

By David Cohen The team behind Twitter-application directory Twitdom turned its attention to Google Buzz with BuzzAware , a directory for add-ons, apps, and plug-ins for the recently launched service, Mashable reported. Twitdom lists more than 1,500 apps, while only 18 are currently included on BuzzAware, according to Mashable.

Web Based Twitter Clients and CMS Even with a desktop client like one of the above working in teams is difficult. Web based tools offer even more features for teams and companies HootSuite , a web based Twitter CMS for companies coTweet ( Twitter CRM? ) – coTweet has been hailed as a Twitter CRM app but it’s basically a Twitter CMS with very basic CRM features Twaitter allows team accounts, scheduled tweets, RSS integration etc. Tweetvisor is a horribly cluttered but very powerful Twitter interface or web based Twitter client CRM/Social CRM/TRM (Twitter Relationship Management) In case you are serious about business you most probably use some kind of CRM tools for customer relationship management. Both CRM software makers and new kids on the block attempt to harness Twitter conversations to get more leads and organize a better customer service. CRM solutions supporting Twitter are still rare though. At least one, Axopt already disappeared. CureCRM – Twitter and Email bases CRM...

By David Cohen on Sep 22, 2009 03:14 PM Washington Redskins rookie linebacker Robert Henson was virtually unknown before this week, as he had yet to play a down in the National Football League. Now he's known for all the wrong reasons. Henson apologized for a series of tweets ripping into Redskins fans for booing the team during Sunday's lackluster 9-7 victory over the visiting St. Louis Rams, Deadspin reported. Among the gems that graced Henson's since-shuttered Twitter account: All you fake half hearted Skins fan can…I won't go there, but I dislike you very strongly, don't come to Fed Ex to boo dim wits!! No I didn't play but I still made more than you in a year and you'd [gladly] switch spots with me in a second. I was talking to the fans [who] said the crazy stuff, I'm use [to heckling] but I've never been booed in my own stadium. Again that was for the half hearted but if everyone wants to jump in come on. The question is who...

By David Cohen on Sep 21, 2009 11:38 AM TBS will air Major League Baseball postseason games from the Division Series and National League Championship Series, and its on-air personnel will also share their insights on Twitter , MLB.com , Facebook and blogs . Tweets from TBS' MLB on-air personnel will be featured on the TBS Hot Corner Twitter feed. The individual Twitter feeds are: Chip Caray , @MLBonTBSChip; Ron Darling , @MLBonTBSRon; Dennis Eckersley , @MLBonTBSEck; Marc Fein , @tnt_tbsmarc; Ernie Johnson , @TurnerSportsEJ; Buck Martinez , @MLBonTBSBuck; Cal Ripken , @MLBonTBSCal; Craig Sager , @NBAonTNTSager; and David Wells , @MLBonTBSBoome. The redesigned version of TBS Hot Corner on MLB.com will offer fans video highlights and interviews from the Division Series and NLCS, as well as exclusive behind-the-scenes footage from studio show Inside the MLB . Exclusive content, analysis and other interactive features will be available on the Facebook page, and blogs A...

Washington Post: Supreme Court to Revisit Election Financing in Clinton Film Case Washington Times: EXCLUSIVE: CIA asks Justice to probe leaks of secrets Washington Examiner: White House signals openness to health compromise N.Y. Times: NATO Plans Inquiry After Afghan Strike Kills Scores L.A. Times: Unemployment rate jumps to 26-year high USA Today: Planned Obama speech to students sparks protest CQ Politics: Could Kennedy's Successor Be A Republican? The Hill: White House defends stimulus despite rising unemployment Politico: David Petraeus, Joe Scarborough eyed for '12 ABC News: Naked Pool Parties, Alleged Sex Acts at Kabul U.S. Embassy Force Out 10 Guards CBS News: Shocking Hazing at U.S. Embassy in Kabul Fox News: NATO Airstrike in Afghanistan Kills Up to 90, Including Civilians MSNBC News: Hidden pockets of elderly said to be in poverty CNN: Pastor fatally shot by police in drug sting Wall Street Journal: How Team of Geeks Cracked Spy Trade ...

Tweeting from the Web? Nine Alternative Web Clients Guest Author TechCrunch.com Saturday, July 25, 2009 12:49 AM This is a guest post by Israeli blogger Orli Yakuel , who has apparently spent a significant amount of time testing every single way of accessing Twitter. In this post she shares her experiences with nine of her favorite web interfaces for the Twitter service (we have one more that we like, too - tunein , that just launched a week ago). The tenth, of course, is Twitter.com - but the cool kids always want to be a little different. You can read more from Orli on her blog, go2web20 . Believe it or not, almost 50% of Twitter users, prefer to tweet directly from Twitter.com. This isn't surprising, but most heavy Twitter users agree that Twitter.com is actually the poorest user experience among the plethora of alternative web applications to access the service. But there's one thing Twitter.com has going for it (besides being the defaul...