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10 Feb 2009 22:15

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Biz, Offbeat: Pepsi absurdly overthought their rebranding campaign

Yes, they compared the freaking logo to a planet. They paid money for this? source

10 Feb 2009 21:08

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Biz, U.S.: The stock market didn’t like the bailout plan, either

  • $1 trillion the size of the plan Geithner proposed; he was sparse when it came to the details of the plan
  • -382 points in afternoon trading after the announcement was made in the morning; that’s a 4% decline source

10 Feb 2009 20:59

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Biz, U.S.: Experts didn’t like the bailout plan

  • This policy is just inadequate. The first quarter is just going to be grotesque for the banks – and then we’re going to have to have this discussion all over again.
  • Chris Whalen • A managing director at financial research provider Institutional Risk Analytics, on Treasury Secretary Timothy Geithner’s bailout plan, which proved to be highly unpopular on its announcement. • source

10 Feb 2009 20:38

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Biz: How big is the proposed Ticketmaster/Live Nation merger?

  • $2.5 billion in market value (plus convenience charge) source

10 Feb 2009 20:33

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Offbeat: You a farmer? Sow your seed on the singles market

  • Because finding the farmer’s daughter is tough. There are niche dating sites for Christians, fat people and emo kids. So why shouldn’t there be one for people who wake up early to run the tractor and make sure their crop isn’t ruined? That’s the theory behind Farmers Only, your best chance at creating your own American Gothic. It’s led to a bunch of marriages and possibly a little making out behind the barn. source

10 Feb 2009 11:09

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Music: Art Brut has an upcoming album. It’s probably high-concept.

“Art Brut Vs. Satan” comes out in the U.K. on April 20. Hahah, 420, get it? source

10 Feb 2009 11:00

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World: Israeli PM candidates want you to vote for them today

  • I have just done what I want every citizen in Israel to do — first of all to get out of the house, rain or no rain, cold or hot, go out, go to the polling station, go into the booth, close your eyes, and vote.
  • Tzipi Livni • Israeli’s acting prime minister. Livni and her Kadima Party are behind the leading Likud Party, headed by former PM Benjamin Netanyahu, but have closed the gap in recent days. • source
 

10 Feb 2009 10:52

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Biz, Music: Licensing the legend of reggae icon Bob Marley

  • Building a brand around a counterculture figure. Bob Marley stood for peace and love, but he might just stand for beer and headphones, if a private equity firm has its way. Hilco Consumer Capital recently took half-ownership of Marley’s name, and they plan to market the heck out of it. They also own Linens-n-Things, so you know that they clearly have his best interests in mind. source

10 Feb 2009 10:42

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Offbeat: Hot girls in violent pillow fights? Sign us up!

It’s like roller derby, except at a slumber party. We’ll be in the audience for sure. source

10 Feb 2009 10:34

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U.S.: The Senate votes on the stimulus bill today. How big is it?

  • $827 billion right now, $100 billion less than before source