It took eight years but it looks like Time Warner is finally undoing the epic mistake that was AOL-Time Warner, and spinning off AOL into an independent company that can fail on its own. Let us hearken back to a darker time, a time when there was no easy way to access the wild, untamed [...]
Entries from May 28th, 2009
One Toy Store To Rule Them All
May 28th, 2009 · No Comments · fail
Toy emporium FAO Schwarz is known to most of America as “that place Tom Hanks played that floor piano in that movie one time” as opposed to, say, a place they actually frequent and encourage with their shopping dollars. Naturally, this can prove problematic for any store not trying to work off of the “Sharper [...]
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One Less Hedge Fund
May 27th, 2009 · 4 Comments · fail
The Pequot Indians are a tribe that inhabited the Connecticut area. They were mostly rendered nonexistent by war and fire. Pequot Capital was a hedge fund that inhabited the Connecticut area. It is now mostly rendered nonexistent after various scandals involving insider trading in Microsoft (an investigation that was closed, then reopened), deal tipoffs from [...]
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Marc Faber Puts The Loller Dollar Under The Magnifying Glass
May 27th, 2009 · No Comments · loller dollar
Inflation, the “Zimbabwe… ur doin it rite” edition. If Nouriel Roubini is Dr. Doom, Marc Faber is Ultra-Octa-Doom, or something. Prepare to burn currency for warmth, fill up your bathtub with liquidity and get used to trillion-dollar notes: The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be [...]
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Dow Jones: Yeah, We Got Your Stimulus Index Right Heah
May 27th, 2009 · No Comments · markets
When you pour billions or trillions of dollars into an investment, it’s probably normal to wonder how it is doing, so Dow Jones unveiled their “Economic Stimulus Index” today, which has started tracking the performance of various companies in industries expected to receive stimulus dollars: The index measures the performance of leading U.S. companies drawn [...]
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