it’s like ’shrinkage’
so the bad news about the economy keeps on coming. i think we’ve moved beyond “wtf?” and even “off with their heads“ and we’re ready to understand the details. to ease you into it, i thought i’d hook you up with a little seinfeld humor from back in the day–you’ll see why i chose this [...]
elite junk that is
the much reviled and revered new york times is in some trouble because of it’s growing debt and low financial performance–so much so that . moody’s investor services warned that the new york times company is in danger of being rated junk. rating institute announced today that the new york times company’s stock [...]
and the geeks shall inherit…
this mess. well folks, the verdict is coming in and it isn’t looking good for the smart guys. apparently, the back office smart guys that were hired by wall street to develop a set of complex derivatives* of the swap**-kind — an idea they thought at the time was brilliant because it would [...]
go shorty…
folks downtown have moved into the anger phase of grief and they’re looking for a scapegoat. looks like they’ve found one in shorters–people who short stock. when they find them, i don’t think they’ll want to party 50 cent style–like it’s their birthday. shorting a stock means that unlike regular trading, you are betting that [...]
wheww, i was a little worried there
merrill lynch has been sold, lehman has filed for bankruptcy, aig has been downgraded as well as washington mutual. monday has not been kind to those in the financial sector. what will tuesday bring? well one company you won’t have to worry about is seamlessweb. currently in 14 cities, seamlessweb’s clients include the 12 largest [...]
planet in peril part trois?
the world’s population of predator sharks is rapidly diminishing and according to researchers, it will have a domino effect on the ecosystem–populations of lower-level predators will overeat and wipe out their own prey–sorta like when a chicken eats its own eggs.
this story reminded me of life at or above sea level, more specifically–in the financial [...]
