December 2008
35 posts
“When the government spends, the money has to come from somewhere. If the...”
– Peter Schiff Says There’s No Pain-Free Cure for Recession
“BCG expects 50% of all companies backed by private-equity funds to default on...”
– It Isn’t a Downturn, It’s Devastation
“Somewhere, Bernie Madoff is thinking to himself: Gee, if I’d only...”
– Cerberus Halts Withdrawals
“JWM’s flagship fund, the Relative Value Opportunity Portfolio, fell 42.78%...”
– Meriwether Fund to Cut Staff Over Losses
Oops, he did it again.
“From the beginning of this decade, the process of new company creation has been...”
– Washington Is Killing Silicon Valley
“Eyespot closed down earlier this Fall, after failing to gain traction, despite...”
– PixelFish Buys Assets Of Shuttered Video Apps Firm Eyespot
“Petters Group and its VC unit Petters Co. Inc. filed for Chapter 11 bankruptcy...”
– Polaroid Files for Bankruptcy
“The scrub was the result of infringement notices from the major labels, all of...”
– Facebook Stares Down Labels Over Project Playlist Takedown Demand
“Pass the bucket: my stomach needs a bailout. The relentless rain of...”
– Rants: How Bailout Fatigue Could Doom Us All
The CollegeHumor Show
Talented, talented bunch, and pioneers in content production. You guys rock :) Congratulations, I can’t wait to watch!
samreich:
I’m executive producing, directing, writing, and acting in The CollegeHumor Show, which will air on MTV sometime in the spring.
Phew. It feels nice to say that out loud.
“Online video editing service Jumpcut, which was acquired by Yahoo! in September...”
– Yahoo Putting Jumpcut In The Deadpool?
“Do you think that Stevie Cohen lets the managers from a fund of funds run...”
– Why Do Funds Of Funds Exist?
“Wall Street is not just a high-stakes gambling hall. It’s a rigged gambling...”
– The Madoff Effect: Investor Confidence Crushed
“The hard figures on basic services and industrial production compiled reveal...”
– Official History Spotlights Iraq Rebuilding Blunders - NYTimes.com
“Flickr founders Fake and Butterfield left. They put Flickr in the hands of a...”
– Yahoo: Flickr layoffs could spell a photo finish
“Reid called the bill’s collapse ‘a loss for the country’,...”
– Auto Bailout Collapses
“Exactly where the pendulum of distrust is located at any given time depends...”
– Robert Reich’s Blog: Blagojevich and the Pendulum of Public Distrust
“Amid the consumer spending slowdown and recession, KB Toys joins a growing list...”
– Retailer Bankruptcy
“The unit has managed to launch some quality (or at least thought provoking)...”
– Yahoo To Close Brickhouse By End Of Year
Another incubator deservedly bites the dust.
Go Getta Remix by R. Kelley, Young Jeezy and...
“Evidently, the Democrats are lousy negotiators. Car Czar? That’s the...”
– Auto Bailout
“Chicago rookie point guard Derrick Rose reportedly needed 10 stitches to close...”
– RealGM: Rose Needs 10 Stitches After Rolling On Knife?
In my quest to develop legitimate cooking skills, I mistakenly burned my hand to what certainly felt like a crisp during a stainless steel transfer from oven back to grill. I kept my hand submerged in an ice bucket for the entire evening,...
“The Weather Underground crossed lines of legality, of propriety and perhaps even...”
– Op-Ed Contributor - The Real Bill Ayers - NYTimes.com
“Absent an explicit understanding of why public money is needed and what...”
– Robert Reich’s Blog: The Bailout Paradox
“The Treasury Department has no mechanism in place to track how institutions are...”
– Auditors fault Treasury oversight of bailout funds
More Government spending, please.
“Top Paid Apps (Overall): 1. Koi Pond 2. Texas Hold’em 3. Moto Chaser 4. Crash...”
– Apple announces Top 10 iPhone App downloads of 2008
Gameboy oughta be scared, but thats about it. Facebook called and they want their rubbish back. There is an iPod Touch laying around the office that no one uses because the apps suck and the core music control has been compromised. Talk about a...
“People may talk about stressed consumers trying to get bargains. Sorry, I’m not...”
– Rogue Columnist (via azspot)
Does anyone have a lead on anything written by respected economists on the concept of a post-consumer economy?
(via dalasverdugo)
Assume GDP recedes by 5 - 10% and the consumer cant use inflated home equity to support luxury goods purchases, vacations, etc. If the...
“This Mickey Mouse operation is the future of news? Even if Twitter were...”
– Twitter: Twitter’s bad news is a bad business
Sam's New Tumblr Design
samreich:
Check it out.
I designed it, John Zanussi miraculously coded it, and Noah, Justin, and Patrick provided some art. I’m lucky to have so many cool friends.
That “Status” thing is my Twitter status!
