Go for The Big Money in New York

Slate's The Big Money is looking for an editorial intern at its headquarters in New York.
The intern will:

• Pitch article ideas and cultivate them into complete stories.
• Assist in research.
• Aid in the production process and daily operations.
  

Candidates must be current students enrolled in a degree program. Applicants should be passionate about business, finance and economics and have experience in HTML, Web applications and Photoshop. People with previous editorial experience will be preferred in the application process.
The position is unpaid and takes place from Sept. to Dec. To apply, e-mail your resume, cover letter, three clips and a short critique of a story that has been published on The Big Money to tbminterns@gmail.com. Include your availability from Sept. to Dec. when applying.

Learn more about the position here. Applications are due Sept. 11.

IMAGE CREDIT: thebigmoney.com

California IOUs sold on Ebay, Craigslist

California started giving out registered warrants, unofficially called scrips or IOUs, last week due to its cash-strapped state, according to a Los Angeles Times story by Reynolds Center intern W.J. Hennigan.
This has caused warrant sellers and buyers to hit the Internet, making warrant deals on sites like Ebay and Craigslist. Some buyers are looking to profit from the warrants annualized interest rate, while cash-desperate sellers are hoping to squeeze any money they can from the IOUs.
California's bond debt has also plummeted, down graded from A-minus to BBB status, only a step away from receiving the "junk" rating of BB.
View the story here. To learn more about bonds, visit our recent story on Electronic Municipal Market Access here.

According to Lakers fans, there's no recession

The Los Angeles Times reports that after the Lakers' victory Sunday night, the three Team LA merchandise stores pulled in 14 times what they did when the Lakers won a championship in 2002.

And the retailer's Web site had its best day ever, passing the previous high by 650 percent.

The article, written by Reynolds Center and Los Angeles Times intern W.J. Hennigan, takes a look at this spike in sales after the Lakers clinched another championship title.

View the story here.