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26 Feb 2010 11:40

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World: Thaksin Shinawatra’s bank accounts are looking much lighter today

Why are these women so sad? Because Shinawatra, the former Thai Prime Minister, just had much of his money taken away by a court. Over $1 billion of it. source
Posted by Ernie Smith • 0 Comments • Permalink

21 Feb 2010 21:25

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Biz: Toyota saved a lot of money, left a paper trail, shot itself in the foot

  • $100 million reportedly saved by having a smaller recall for their gas pedals, according to a July document
  • four people reportedly died in a crash from floor mat-related problems a month after that internal document source
Posted by Ernie Smith • 0 Comments • Permalink

18 Feb 2010 11:02

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Biz: Jobless claims, prices increase, make investors super-depressed

  • 31,000 new jobless claims this week, which was way higher than expected
  • 1.4% increase in farm and factory prices, caused by higher energy costs source
Posted by Ernie Smith • 0 Comments • Permalink

16 Feb 2010 10:21

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Biz: General Growth’s name-defying bankruptcy nightmare almost over

  • $10 billion offer for the mall owner from Simon Property source
Posted by Ernie Smith • 0 Comments • Permalink

06 Feb 2010 10:27

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Biz: Goldman Sachs’ CEO tightens his belt, relatively speaking

  • $67
    million     amount Goldman Sachs CEO Lloyd Blankfein made in bonuses after a record 2007 for the company
  • $9
    million     amount the CEO made in bonuses after a record 2009; how thoughtful of him to cut back source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2010 10:57

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Tech: Amazon’s got a full-on Kindle publisher revolt on its hands

  • 3 major publishers are opting out of Kindle’s $9.99 pricing scheme source
Posted by Ernie Smith • 0 Comments • Permalink

04 Feb 2010 10:55

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Biz: Toyota made a profit last quarter, one to be eaten up by the recalls

  • $900
    million     the size of Toyota’s profit in the final three months of last year
  • $2
    billion     the expected cost of all the recalls for faulty gas pedals source
Posted by Ernie Smith • 0 Comments • Permalink
 

03 Feb 2010 10:46

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World: Afghan allies optimistic that many Taliban members not hardcore

  • 80% of the Taliban may have joined for the money source
Posted by Ernie Smith • 0 Comments • Permalink

31 Jan 2010 10:12

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Biz: Evil bastards decide that scamming the unemployed a good idea

  • Nobody sends you money for nothing, except maybe your grandmother. If somebody sends you money and wants a refund for part of it, ask yourself if you’re sure this check is good. Do I want to take a chance and risk everything?
  • U.S. Public Interest Research Group consumer program director Ed Mierzwinski • Regarding the latest permutation of a scam attempting to nail the unemployed. It’s a fake e-mail from a site like CareerBuilder for a job as a “trading assistant.” If you take the bait, con artist sends you a giant check, then asks for parts of the money back. Weeks later, they cancel the giant check (which seems unlikely due to the fact that you got paid for it already), leaving you on the hook for the money you already sent them. This is evil. source
Posted by Ernie Smith • 0 Comments • Permalink

30 Jan 2010 11:25

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Biz: Designers, photographers say creation’s a decimated market

  • Seemingly overnight, a publisher who wanted a picture of a sunset could choose from thousands on any number of databases. Why pay a photographer hundreds, or thousands, of dollars to go out and shoot a new one?
  • L.A. Times columnist James Rainey • Regarding the change in the graphic design and photography freelance market, which has led to people not being able to make a living wage in the business. With the rise of lower budgets and outsourcing and sites like iStockPhoto, it’s just not reasonable for many to make a career out of selling their content anymore. Which sucks for people who rely on the work. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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