Category Archives: Business

Exported Justice

It’s good to see that Goldman Sachs isn’t content with just destroying the American financial system. They’ve got global ambitions, baby!
As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped [...]

Honda

It’s been a bad couple of weeks for Japanese automakers. First Toyota issues two scary recalls, then Honda, and just last night my rear windows wouldn’t roll down in my 2008 Subaru!

Goldman Sachs rigging the game

Megan Carpentier has a useful summary of a NY Times article detailing how Goldman Sachs ripped off the U.S. taxpayer:

The people at Goldman Sachs invested in mortgage-backed securities they expected to decline in value in order to make money off the insurance claims.
Due to a long-standing relationship, they went to AIG for a kind of [...]

Toyota

Quick question

Most technology gets cheaper over time, so why is the cost of satellite and cable TV going up?

The result of conservative economic policies

Conservative economic theory asserts that the economy will flourish when wealthy captains of industry are free from the chains of government regulation and taxes. The wealthy will get more wealthy and spread more money around for the rest of us. A rising tide lifts all boats. Unfortunately for the majority of Americans, their theory was wrong:
There [...]

People try to put us down

I’ve rarely been happier with my generation than after reading this article from The Wall Street Journal. The paper interviewed a cross-section of corporate America’s human resource experts, asking them for their impressions of the rising workforce. The interviewees expressed uniform concern that Generation Y feels an undeserved sense of entitlement.
“These outspoken young people tend [...]

Search engine agnosticism

When I first heard that Rupert Murdoch was going to block search engines from indexing his news sites (Wall Street Journal, FOX News, and more) I thought it was an interesting idea. Possibly brilliant.
Blocking all search engines could very well destroy most of the traffic to his sites, or it might make fans start checking [...]

Is Apple An A-hole?

News came out over the weekend about a patent Apple filed in regards to technology that “displays advertising on almost anything that has a screen of some kind: computers, phones, televisions, media players, game devices and other consumer electronics.” (NYT)
As the NYT states, the technology wouldn’t be an annoying pop up but “the technology can [...]

Rant of the year: Wall Street’s never had it better

Be warned: This dude drops a lot of F bombs, so it might not be safe for work: