January 2009
Monthly Archives
Latest stories
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Honest Tea Only One Aspect of Obama’s .com Management Style
The New York Times has reported that President Obama stocks his fridge with Honest Tea, an organic, Fair Trade, and unconventional beverage symbolic of the many cultural changes he is making within the White House. The article–read it here–went into detail about Obama’s management style, which is remarkably similar to what .coms exhibited earlier this […]
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Dating a Banker Anonymous Provides Forum for Empty-Handed Gold Diggers
Bankers’ girlfriends have it hard these days. In mourning the loss of their formerly mindless affluence, the afflicted have set up Dating a Banker Anonymous, a support group that meets for lunch and cocktails to share, pine, and vent. They’ve also set up a blog. The UK’s Mail Online reports: The blog invites women to […]
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Calvin and Hobbes on Bailouts
Via David Zetland’s Aguanomics blog:
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Drug Money Used to Bail Out Banks
Drug money has been floating banks through the crisis in some countries. Reuters, via Credit Writedowns, reports: Vienna – The United Nations’ crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday. […]
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Iceland Collapse: Riots, Suicide, and Soup Kitchens in Churches
How did Iceland slip so silently into such utter collapse? Iceland’s economy, now toast, has led to a government on the brink of collapse. The UK’s Independent reports: Iceland’s troubles reveal(ed) themselves during last week’s tumultuous events. Peaceful demonstrations began in Reykjavik’s main square, outside the Althing (parliament) building, had begun in October immediately after […]
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Citigroup Buys $50 Million New Corporate Jet
Image by Flickr user Shutterrudder Bad PR move, guys. The New York Post reports on Citigroup’s brand-spankin’-new Falcon jet: Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet – only this time, it’s the taxpayers who are getting screwed. Even though the bank’s stock is as cheap as a gallon […]
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Home Depot Layoffs: 7,000 Jobs Lost; Home Depot Expo to Close
The Washington Post reports on Home Depot’s layoffs and Home Depot Expo store closings: Home Depot Inc said it will eliminate 7,000 jobs, or about 2 percent of its workforce, as it closes its Expo home design centers and cuts corporate support staff, sending its shares up 6 percent. The world’s largest home improvement retailer […]
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25 Most Promising Green Businesses
Going green was big news for a while, then the collapsing economy put a cloud over the movement. Nonetheless, a derth of reporting doesn’t mean that the scientists, entrepreneurs, and business brains behind the burgeoning industry have slowed down. If anything, their products are growing in maturity and potential. We waded through hundreds of eco-oriented […]
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Toll Brothers Offers 3.99% Fixed Mortgage Rate
How does a 3.5% down payment on a house with a 3.99% fixed-rate mortgage sound? This kind of thing was unheard of a year ago, but now East Coast builder Toll Brothers is offering buyers a tintillating deal. The Wall Street Journal’s Dawn Wotapka reports: Horsham, Penn.-based Toll this week started offering a 3.99% fixed […]
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The Sectera Edge: The World’s Most Secure Blackberry
PC World reports speculation the President Barack Obama is getting an ultra-secure Sectera Edge–basically, a Blackberry pimped out to NSA standards–as his mobile communication device: The Sectera Edge is a smartphone made by a defense contractor called General Dynamics. The device, according to General Dynamics, was actually developed for the National Security Agency (NSA) and […]
