Kraft only needs to improve their offer slightly to push through the deal. Kraft’s hostile takeover seems closer to reality than ever despite the fact that Cadbury had a solid 2009. Kraft needs to work fast, though – they have seven days to raise their offer to something a little more crumbelievable. source
$46.1 billionthe size of the Federal Reserve’s profits in 2009
$14.4 billionthe increase in the Fed’s profits from 2008 source
Why the increase? Simple. The Fed lowered its standards and became the buyer of last resort, buying assets nobody else wanted, and getting profits from those assets. In case you’re wondering, by the way, they dump these profits back to the Treasury.
Leno trashes In case anyone’s wondering where Leno stands in the wake of this whole situation, here’s your video proof. He’s clearly unhappy about the whole thing. Our respect for him goes up after watching this.
Conan’s options Not to be outdone, the pompadoured redhead ripped on NBC even harder than Leno did, with a hilarious list of options the late-night host has after the late-night debacle. Our favorite is the last one. Easily.
The U.S. calls the allegation “absurd” or something. The death of Massoud Ali Mohammadi, who was killed when a bomb on a motorcycle blew up outside his home, has Iran using fighting words. Mohammadi was a particle physics professor at top-ranked Tehran University. The attack was portrayed by one Iranian government official as “signs of evilness by the triangle of the Zionist regime, America and their mercenaries in Iran.” Which sounds like a really complicated way to say, “We hate the U.S.!” source
With Simon Cowell leaving “Idol” after this season wraps, Fox needs to face the music and grasp that a massive chunk of the audience is going to jump ship with Simon. Americans have abandoned TV shows for far less.
MTV News correspondent (and resident “American Idol” expert) Jim Cantiello • On the effect of Simon Cowell’s departure from “Idol” after this season. Cantiello goes further, saying, “I love ‘American Idol’ too f—ing much to see a ghost of its former self limp around on stage.” Dude, get a grip. It’s just a TV show. Albeit a high-rated, iconic and extremely influential one. source