I have been laid off before. I didn’t go crying to my mamma afterwards. I accepted it as a fact of life, and moved on.
But I am very annoyed by the constant whining of the car dealers who are losing their precious franchises. I looked at the list for Los Angeles, and it is mostly [...]
Michael Phelps, the man with the wingspan of a large bird, has been photographed using a bong. It is very likely that he was smoking some marijuana.
Since this is a business blog, I want to discuss the problems the ‘morality clause‘ can cause for endorsements. A morality clause usually says that a contract can be [...]
I like the seekingalpha.com site. ‘Alpha’ refers to trying to make a movement in the financial markets with no risk. It is very tough to do, almost a mirage. Unless you are Bernard Madoff, feeding all the rich yutzes some Kool-aid.
A gent by the name of Richard Lounsbury, has written a very cogent analysis of [...]
USA Today has been publishing for over twenty years but has never become an ‘indispensable’ newspaper. If it vanished tomorrow, would anyone care?
This article talks about how the end of cheap credit is a ‘catastrophe’ for dealers, because ‘many’ of them will go out of business. But if you read the article, it says only [...]
General Motors stock is in a pickle. Everyone has documented how low it has fallen. On Oct 9, 2008, the stock closed at $4.76. All the newspapers are saying how this is the lowest share price for GM since 1950.
What NONE of them mention is what the inflation-adjusted equivalent is. Five bucks in 1950 was [...]
Of all the things America has given the world, few are so life-changing as Cheerleaders. Football and Basketball have cheerleaders, but it is really Baseball that should have cheerleaders. People think Cheerleaders are an American invention, however, cheerleaders have a long history, because it seems that every culture around the world has had maidens in [...]
When opera was introduced, it had a limited audience. Same for rap. Now, rap is out there, for everyone. It has even become a great way for geeks to battle out the merits of various search engines. Two white guys and a black guy dressed in a skintight blue suit duke out the merits of [...]
I remember when Enron was making the cover page as the best stock to buy. Analysts get a lot of press when they give positive coverage, I wonder why no one goes back and sees if they recommended duds.
A great article from Gawker.com (which these days has more credibility with me than MSM) about how [...]
Good roundup of Lehman Brother collapse
Times are hard right now…everyone holding back, trying to save a few nickels. Spending is down. Everyone wants to hunker down and ride out the storm with a safe (and hopefully cushy) job.
So here comes Business Week with some advice…20 jobs to help you ride out the storm. Sounds nice, right?
Except that EVERY job they [...]
