Why Circuit City Died.

Why Circuit City Died.
Really? Because theres no way this ever happened. For electronics retailers, it’s not rocket science.  Just offer the latest products at good prices.  Keep some knowledgeable staff around.  The products will sell themselves. Apparently for Circuit City, it was rocket science. By the way, has...

New Federal CIO Vivek Kundra: Lord of Nerdiness.

New Federal CIO Vivek Kundra: Lord of Nerdiness.
Meet Vivek Kundra.  He’s been appointed the chief information officer, CIO, for the United States government. If you don’t know what that means, don’t worry.  I’m pretty sure Vivek doesn’t either.  At first, I thought that meant he was appointed King of the Internet,...

HarperCollins Banks on “It Books” and Internet To Grow Sales.

HarperCollins Banks on “It Books” and Internet To Grow Sales.
If you think something is funny on the Internet, this lady will immediately publish and sell it to you for $39.99. In hardcover. If you haven’t noticed, book sales are horrible.  People are reading less.  We’re all too busy randomly creeping new albums of that kid from third grade that...

Cablevision To Target TV Ads We Can Skip Through.

Cablevision To Target TV Ads We Can Skip Through.
Somebody send these people an ad for furniture. Cablevision, a large US cable provider, is testing out a new ability to target TV commercials to specific households.  So, if you’re watching American Idol and you’re disgustingly rich, you’ll see a commercial for a new yacht or a 56...

Snickers Snacklish: Owning the Language.

Snickers Snacklish: Owning the Language.
Ill wait for the next Taxi, thanks. The New York Times has analyzed the new ad campaign for Snickers.  After reading their analysis, you can conclude the following: Someone from Snickers PR’ed the fuck out of the New York Times. You would think the Times would be more discerning when evaluating...

AIG: Explaining a $62 Billion Dollar Loss.

AIG: Explaining a $62 Billion Dollar Loss.
Yeah, we're probably going to need that jersey back. Once upon a time, there was an insurance company called AIG.  They used to be big.  Really big.  Like $100 billion dollars-a-year big.  Investors liked them because they were a financial rock worth betting on because they consistently made...

Icahn Ready To Pounce On Lions Gate.

If your kids lemonade stand isnt optimizing expenses, this man will make sure it will. Meet Carl Icahn.  If you don’t know already, he’s the activist shareholder that pisses off boards across the corporate world.  He’s notorious for the Carl Icahn cycle which works as follows: Icahn...

Ireland’s Economy Almost In the Shitter?

Ireland’s Economy Almost In the Shitter?
Once thriving, the Irish economy appears to have taken the afternoo In The New York Times, economist Morgan Kelly has predicted that the Irish economy will ‘vaporize’.  Kelly claims that the economy will contract 20% based on bad loans that Anglo Irish, the now-nationalized bank, made last...

Saudi Prince Embarassed By Citi.

Saudi Prince Embarassed By Citi.
According to the New York Times, Saudi Prince Walid bin Talal, the “Warren Buffet” of the Middle East, has been embarassed by the performance of Citi bank.  Apparently the super-rich Prince re-upped his bet on Citi in November, only to realize now that his investment is nosediving.  He...

Warren Buffet Says Economy In Shambles.

Warren Buffet Says Economy In Shambles.
Doing that doesnt really help us much, Warren. Warren Buffet announced in a letter to shareholders that “the economy will be in shambles throughout 2009 — and for that matter, probably well beyond.” God help us. If Buff’s worried, we might all be screwed.  His Berkshire Hathaway...

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