In an effort to get ahead in reorganizing the company $NOK will cut 1 in 5 jobs.
Comments »Postal Chief Warns of Grecian Formula
The head of the U.S. Postal Service said Tuesday that they could become toast with a layer of Greece on top…
Comments »‘Cannibal Monster’ Arrested In China
“MIAMI (CBS MIAMI) — South Florida isn’t the only country dealing with cannibalism.
A Chinese man called the “cannibal monster” was arrested two weeks ago for the murder and mutilation of at least 20 people in Yunnan province.
Several reports indicate 56-year-old Zhang Yongming ate his victims, sold the victims’ flesh to others and also fed them to his dog. Many of the victims were young boys.”
Comments »Oracle Employee Allegedly Exchanged Sex With Singapore Official For Business Favors
The new normal these days is that everything is for sale and the price is not always cash.
Comments »Jamie Dimon Sports Egg on Face for Failing to Spot Risk Earlier Than He Did (timeline of events)
The Spaniards Begin Protests Against The Recent $125 Billion Bailout
The Spaniards do not believe the money will be enough as they took to the streets to protest against the bailout. Essentially, they feel the banks could still fail and they would be left holding the bag o’ debt.
Comments »NASDAQ CEO Offers an Apology for $FB Trading Debacle
With $100 million of incurred losses an apology has been given and an offer of $40 million for investors.
Comments »FLASH: Market Volts Higher While $FB Flounders
Early Lunch Break: Scary But Safe…Like the Stock Market
20 Top European Bankers are Charged With Fraud in Relation to Currency Swaps
Those guys should do business in America and then they would never face criminal charges….
Comments »TD Bank Issues Counterfeit Money and Will Not Refund It
Since the guy left the bank with the alleged cash that it was against the banks policy to refund it. So are we to scan our money every time we make a withdrawal ?
Comments »Groupon Hitting the Skids Again; Stock Worth Less Than Google’s Offer Two Years Ago -$GRPN
“Groupon’s stock just crashed through $9, hitting a post-IPO low.
That’s down more than 55% from the IPO price of fewer than 6 months ago.
That also translates to a market cap of less than $6 billion.
For what it’s worth, that’s the amount that Google offered to buy Groupon for, in cash, in the fall of 2010.
Comments »No Surprise: BofA Hid Losses During Merrill Lynch Acquisition
No surprise this occurred; what is surprising is that lawyers advised that there was no need for disclosure.
Comments »Uh Oh! Some Teens aren’t Liking Facebook as Much as Older Users
Perhaps it is because $FB can allow the prying eyes of mom and dad access to messages…Or perhaps $FB is just losing its cool factor?
With more than 900 million users, Facebook remains the most popular online hangout. But some young people are turning their attention elsewhere. They are checking out new mobile apps, hanging out on Tumblr and Twitter, and sending plain-old text messages from their phones. Their goal is to hook up with smaller circles of friends and share their thoughts and feelings away from the prying eyes of Mom and Dad.
Read the article here.
Comments »The ECB Loves Tossed Salad: Draghi Sees ECB Serving Solvent Bank Needs
“European Central Bank President Mario Draghi said policy makers will keep focusing their crisis support on solvent euro area banks as he reiterated it’s not the ECB’s job to fix the cause of the region’s turmoil.
“The ECB will continue lending to solvent banks and will keep the liquidity lines active and alive with solvent banks,” Draghi told a European Union Parliament committee in Brussels today.”
Comments »Zuckerberg Steps Off the Bloomberg’s Billionaire List
Class A Idiot: Justice Lanny Moriarty
Do Not Fuck With My Order Biatch
$JPM Caught Up in a Probe for Leaking Insider Information in Japan
$MS Doled Out $FB Stock to Clients Who Made Them the Most Money
Just is case the IPO skyrocketed the assumption is they could continue collecting commission on the most profitable accounts. But it backfired and they, the best clients, got hosed.
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