USA Today reports the latest chapter in big-PR sleaze, this time involving former CNBC tech correspondent Jim Goldman, who is now a PR rep at Burson Marsteller. According to USA Today reporters Jon Swartz and Byron Acohido, Goldman tried to pitch USA Today on a story about scandalous Google privacy... Read more...
I caught Jeff Bewkes, Time Warner CEO at CES, fresh of the stage with Verizon CEO Ivan Seidenberg [VZ 35.36 -0.56 (-1.56%) ]. Bewkes was Seidenberg's special guest, brought up to talk about "TV Everywhere," Time Warner's system which allows cable subscribers to access their premium cable co... Read more...
According to Urban Dictionary, the above video is a Saturday Night Live skit written by Robert Smigel which was intended to be a parody of the educational cartoon series “School House Rock.” The stimulus for the video, according to a few sources I read, may have been the firing of N... Read more...
// < ![CDATA[ // < ![CDATA[ // A highly amusing exchange occurred earlier on CNBC when guest Damon Vickers of Nine Points Capital had an unexpected moment of truthiness and turned some heads when he said that “unless the plunge protection team comes in over the next couple of days, the ma... Read more...
In his latest letter to subscribers, Shadowstats' John Williams dissects recent economic data, and after providing yet more evidence that after the recent period of "bottom-bouncing at a low-level plateau of business activity" the economy has once again entered a double dip. Overall, it has cost t... Read more...
The EU apparatchiks are in crisis mode. European Union boss Jose Manuel Barroso told us not to worry, though. They’re on it. “This morning’s agreement will ensure that any attempt to weaken the stability of the euro will fail,” said Barroso today as the EU threw around a trillion bucks ... Read more...
James S. Chanos built one of the largest fortunes on Wall Street by foreseeing the collapse of Enron and other highflying companies whose stories were too good to be true. Now Mr. Chanos, a wealthy hedge fund investor, is working to bust the myth of the biggest conglomerate of all: China Inc. ... Read more...