Archive for December, 2008

How Many Clark Griswolds Are There At Google?

jessefelder | December 24, 2008 in Uncategorized | Comments (0)

How many Clark Griswolds at Google were counting on their Christmas bonus to pay for a new swimming pool only to discover they were enrolled in the Jelly-of-the-Month club? From Alley Insider:

Thanks probably to the economy, a tough quarter, and a new tight-fisted CFO, Google employees who usually get cash for holiday bonuses will instead get re-branded T-Mobile cell phones running Google’s mobile operating system, Android.

“This is a chance for us to once again dogfood a product and make it even better!” reads what Gawker editor Owen Thomas says is a memo from Google management to employees.


I’m willing to bet that more than a few employees had some choice words for Frank Shirley, er, Patrick “the Machete” Pichette:

Source:
Instead Of Cash, Googlers Get Android Phones For Christmas
Nicholas Carlson
AlleyInsider.com
December 23, 2008


Merry Christmas!

jessefelder | in Economy, Humor, Politics | Comments (0)





Source:
EditorialCartoonists.com


How Many Clark Griswolds Are There At Google?

jessefelder | in Uncategorized | Comments (0)

How many Clark Griswolds at Google were counting on their Christmas bonus to pay for a new swimming pool only to discover they were enrolled in the Jelly-of-the-Month club? From Alley Insider:

Thanks probably to the economy, a tough quarter, and a new tight-fisted CFO, Google employees who usually get cash for holiday bonuses will instead get re-branded T-Mobile cell phones running Google’s mobile operating system, Android.

“This is a chance for us to once again dogfood a product and make it even better!” reads what Gawker editor Owen Thomas says is a memo from Google management to employees.


I’m willing to bet that more than a few employees had some choice words for Frank Shirley, er, Patrick “the Machete” Pichette:

Source:
Instead Of Cash, Googlers Get Android Phones For Christmas
Nicholas Carlson
AlleyInsider.com
December 23, 2008


Merry Christmas!

jessefelder | in Economy, Humor, Politics | Comments (0)





Source:
EditorialCartoonists.com


Links, Lyrics & Laughs: "Slip Sliding Away"

jessefelder | December 19, 2008 in Links | Comments (0)

The Fed Goes All In

Judging by the TED Spread, the credit markets like Uncle Ben’s latest recipe

Volatility (as measured by the $VIX) is Slip Sliding Away along with yields.

Fed Throws the Dollar to the Wolves Resulting in the Biggest 6-Day Decline Ever

Maybe it’s just me but given the sad state of the economy you’d think people would go the extra mile to earn business. I’m finding the exact opposite. It’s a sort of depressed acquiescence with a dash of incompetence.

Why The ‘Jobs Premium’ Is Worth Billions ($AAPL)

It’s Gonna Be A White Christmas – Even In Vegas

Strange Hangover Cures From Around the World

Sign of the times? Stolen Christmas trees

30-year mortgage lowest in 37 years of Freddie Mac survey

Typo In Proposition 8 Defines Marriage As Between ‘One Man And One Wolfman’

Experts say Oliver Twist didn’t need any more


slip sliding away


Links, Lyrics & Laughs: "Slip Sliding Away"

jessefelder | in Links | Comments (0)

The Fed Goes All In

Judging by the TED Spread, the credit markets like Uncle Ben’s latest recipe

Volatility (as measured by the $VIX) is Slip Sliding Away along with yields.

Fed Throws the Dollar to the Wolves Resulting in the Biggest 6-Day Decline Ever

Maybe it’s just me but given the sad state of the economy you’d think people would go the extra mile to earn business. I’m finding the exact opposite. It’s a sort of depressed acquiescence with a dash of incompetence.

Why The ‘Jobs Premium’ Is Worth Billions ($AAPL)

It’s Gonna Be A White Christmas – Even In Vegas

Strange Hangover Cures From Around the World

Sign of the times? Stolen Christmas trees

30-year mortgage lowest in 37 years of Freddie Mac survey

Typo In Proposition 8 Defines Marriage As Between ‘One Man And One Wolfman’

Experts say Oliver Twist didn’t need any more


slip sliding away


Chart of the Day: Banks at Resistance

jessefelder | in Investing, Markets, Trading | Comments (0)

The Philadelphia Bank Index tracks the stock performance of the twenty-or-so (with all the failures/emergency mergers it’s tough to really keep close count) largest banks in the country. It has lead the stockmarket’s selloff with about a 50% decline in 2008.

It has rallied since the dramatic selloff late last month but is running into some stiff resistance (45-50) currently. Whether it can manage to surmount it out or not will tell us much about the strength of the current rally.


Social Security: The Ultimate Ponzi Scheme

jessefelder | in Economy, Humor, Politics | Comments (0)

Source:
Editorial Cartoon
Mike Keefe
Denver Post
December 19, 2008


RIAA Will Stop Suing Audiophiles

jessefelder | in Business, Music | Comments (0)

The RIAA has finally come around to the idea that bullying it’s biggest fans is probably not good for business. Wired reports:

After suing over 35,000 people since 2003, the RIAA has reached agreements with undisclosed ISPs to throttle or shutter subscribers’ internet connections if they ignore warnings to stop sharing music. The process would replace a “subpoena, settle or sue” process that has been expensive for the RIAA, since it requires the organization to go through the country’s legal system in order to pressure those it suspects of sharing music without permission…

Music fans may feel some relief that sharing music will no longer put them at risk of a lawsuit, assuming their ISP is one of those that has agreed to the plan. However, the biggest beneficiary of the new deal is the RIAA itself, which has seen its investigative techniques questioned and suffered key setbacks in court while paying extensive attorneys’ fees to pursue cases through the normal legal channels…

Yet despite all of this time and money being spent suing file sharers, the RIAA has never successfully sued a single alleged file sharer whose the case went to trial.


Considering the fact that 95% of kids “pirate” music and the RIAA hasn’t been able to bring one successful suit against them, I’d say this is a small, first step in sort of the right direction for the music industry. It still has a long way to go if it intends to succeed in the modern world.

Source:
RIAA Plans to Stop Suing Music Fans
Eliot Van Buskirk
Wired.com
December 19, 2008


Chart of the Day: Banks at Resistance

jessefelder | in Investing, Markets, Trading | Comments (0)

The Philadelphia Bank Index tracks the stock performance of the twenty-or-so (with all the failures/emergency mergers it’s tough to really keep close count) largest banks in the country. It has lead the stockmarket’s selloff with about a 50% decline in 2008.

It has rallied since the dramatic selloff late last month but is running into some stiff resistance (45-50) currently. Whether it can manage to surmount it out or not will tell us much about the strength of the current rally.