So, you think U.S. Treasury Secretary Henry Paulson is a smart fellow because he’s in the news all the time lately following the collapse of the U.S. financial system. As the heavens was falling over America, here’s what this dodo had to say over the last few months: It’s a safe banking system, a sound […]
Former Goldman Sachs banker and U.S. Assistant Secretary of the Treasury for International Economics and Development Neel Kashkari, 35, will oversee the $700 billion tax-payer bailout of financial institutions triggered by greedy Wall Street swines. On October 6, 2008, the U.S. Treasury Department named Neel Kashkari Interim Assistant Secretary of the Treasury for Financial Stability. In […]
You can bet your last dime that even as the world is ending, someone somewhere will be making a Western movie. Such is the hold of this genre that 105 years after the first Western movie debuted, Hollywood still continues to churn out Westerns to feed the insatiable appetite of movie-goers nostalgic for an era […]
Abhishek Bachchan Sets New Pathetic Record Bollywood flop king Abhishek Bachchan’s latest trashy movie Drona is a total disaster at the U.S. box office and may turn out to be the biggest flop of 2008. Bollywood fans have shown Drona’s hero Abhishek Bachchan the middle finger and basically told this bozo to take his garbage act elsewhere. […]
Om Malik’s GigaOm blog network has raised $4.5 million in a new round of financing. GigaOm is a decent source of information on digital media and a blog that we read fairly often. Early-stage VC firm Alloy Ventures was the lead investor in the latest round, which included participation from existing primary investor True Ventures […]
Just days after Citigroup CEO Vikram Pandit was gloating about picking up the banking business of Wachovia Corporation with the blessings and support of the U.S. government, Wells Fargo seems to have snatched the prize away. The Wachovia board has approved Wells Fargo’s offer of $15.1 billion ($7 per Wachovia share), which does not require […]