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Article Archive for December 2008

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Economy beats Middle East violence, oil falls today

When watching oil prices it is a struggle between the economic outlook and other external factors. Yesterday the violence between Israel and Hamas caused oil to jump because of fears of output and exporting problems, but today it fell because of a “grim economic outlook.”
With …

Your taxpayer dollars hard at work, for an ex Merrill Lynch exec and his $37 million apartment

No wonder no one wants to tell us where the bailout money is going or how much. One of the companies who benefited from it, Merrill Lynch and its CEO Peter Kraus. Yes, Peter Kraus benefited from your hard earned money.
How? Well, he was CEO …

After $700 billion, guess who’s lending

GMAC, the primary lender for GM is offering zero percent financing on some GM models for the next couple of weeks. After getting $5 billion from the bailout plan, it plans on taking the money and actually lending it to consumers to buy cars from …

Facebook pulls breastfeeding pictures

“Hey, Facebook, breastfeeding is not obscene.”
That’s the title of a group devoted to the topic of breastfeeding and the outrage associated with Facebook pulling pictures of moms breastfeeding their babies.
The problem is that showing breasts, in any way, is obscene and is against the terms …

You Can Call It Whatever You Like, It’s Still The Same Thing

I love how some companies PR departments get creative(or at least claim to get creative) when they rename something but change little or nothing of the core product or business that they are renaming. It seems some companies and individuals are trying to reclaim some …