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27 May 2010 21:08

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Biz, Tech: Protip: Electric car companies not good for your finances

  • good Elon Musk, the guy who founded Paypal and runs Tesla Motors has a career so storied that the movie “Iron Man 2” is reportedly based on him. He’s kinda like Tony Stark in real life, kids.
  • bad Musk, however, has burned through all of his money trying to get Tesla Motors off the ground (along with a divorce), and he had a lot of it to burn through – over $100 million. source

04 Nov 2009 21:44

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Culture: Nicolas Cage is broke, wearing a “will work for food” sandwich board

  • $6.5 million the amount of money Nicolas Cage owes in back taxes; he blames his awful financial advisor source

27 Oct 2009 10:05

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Tech: The brothers behind Google Wave a rags-to-riches success story

Lars and Jens Rasmussen had just $16 to their names when they sold the idea for Google Maps. Now, they may be onto the Wave of the future. source

02 Jul 2009 21:59

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U.S.: Who’s to blame for California’s IOU budget crisis, Ahnold or the Dems?

  • Ahnold sez the Democrats Gov. Arnold Schwartzenegger isn’t very happy that the state’s budget situation has gotten so bad that they have to hand out IOUs. “We don’t have the money to pay our bills,” he said. “It’s a sad story.” The Governator blames the Democrats in the legislature for hewing too closely to labor interests at the cost of the state. source
  • Ahnold sez the Democrats Gov. Arnold Schwartzenegger isn’t very happy that the state’s budget situation has gotten so bad that they have to hand out IOUs. “We don’t have the money to pay our bills,” he said. “It’s a sad story.” The Governator blames the Democrats in the legislature for hewing too closely to labor interests at the cost of the state.
  • The Democrats say Ahnold On the other hand, the lefties that the man who once was pregnant in a movie is blaming claim that his demand that the budget be fixed all at once caused the crisis. “I think the first priority is fixing the deficit,” said Assembly Speaker Karen Bass, “and it seems the governor’s first priority now is fixing his legacy.” Ouch! source

01 Apr 2009 22:40

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Biz, Offbeat, U.S.: A bunch of broke people left their boats on the coast

Time to start living our dream: Squatting in some dude’s dinghy in Florida, drinking Jack from the bottle and having no money. source

14 Mar 2009 17:55

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Biz, U.S.: If you’re on unemployment, don’t use the debit cards

  • 30 states offer debit cards as a direct-deposit option to those who are on unemployment; most have contracts with banks. source

07 Feb 2009 09:17

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Biz, U.S.: Bernard Madoff didn’t just screw over the super-wealthy

  • We don’t have any cash reserves now. And we still owe money on our houses.
  • Ian Thiermann • A 90-year-old California man who lost his $750,000 life savings in Madoff’s scheme and now works in a grocery store to make ends meet. Yeah, that’s right, he’s 90 and works in a grocery store. • source