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19 May 2011 11:12

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U.S.: State Department: No immunity for Dominique Strauss-Kahn

  • what The U.S. State Department declined to give diplomatic immunity to now-former IMF head Dominique Strauss-Kahn, who faces sexual assault charges in New York.
  • why According to the State Department, he wasn’t on official business with the IMF when he was arrested. If he were in another country, he would probably have immunity. source
Posted by Ernie Smith • 0 Comments • Permalink

19 May 2011 10:45

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Offbeat: Harold Camping: I’ll be near a TV or radio while the world ends

  • I’ll probably try to be very near a TV or a radio or something. Because I’ll be interested in what’s happening on the other side of the world as this begins.
  • 89-year-old Family Radio owner Harold Camping • Discussing his plans when the end of the world begins on May 21st. This guy’s given the billboard industry a lot of business — his company and his allies have put up 2,200 of them across the country announcing the forthcoming end of the world, which will start with a massive earthquake or some crazy crap that isn’t going to happen. “We know without any shadow of a doubt it is going to happen,” says the guy, who has already been wrong once — back in 1994. source
Posted by Ernie Smith • 0 Comments • Permalink

19 May 2011 10:29

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Biz: LinkedIn’s massive IPO: One of the largest tech IPOs since Google’s

  • $45 LinkedIn’s price per share when it launched its IPO this morning
  • $83 the company’s price per share now — that’s right, it nearly doubled in price
  • $352M the amount the company has earned from its IPO today source
  • » A really impressive start for social media: LinkedIn, the first social media company on the stock market, sets the stage for what could be an impressive transition from startup to stock for many social sites. Facebook’s far larger than LinkedIn, meaning that this may be the floor level for what the ubiquitous social site could expect when Mark Zuckerberg finally decides to go IPO.
Posted by Ernie Smith • 0 Comments • Permalink

19 May 2011 00:35

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World: Dominique Strauss-Kahn resigns from IMF amid scandal

  • I want to protect this institution which I have served with honor and devotion, and especially —especially — I want to devote all my strength, all my time, and all my energy to proving my innocence.
  • Dominique Strauss-Kahn • In a letter revealing his resignation as the International Monetary Fund’s head. “I think at this time first of my wife—whom I love more than anything—of my children, of my family, of my friends,” he also stated in the note. “I think also of my colleagues at the Fund; together we have accomplished such great things over the last three years and more.” Strauss-Kahn’s arrest on sexual assault charges has thrown French politics in a tizzy in the past week, due to his prominent status, and this letter will only continue to drive the conspiracy theories around the case in France. (h/t ProducerMatthew, Samuel Rubenfeld) source
Posted by Ernie Smith • 0 Comments • Permalink
 
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