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Buffett Says Wall Street Pay Must Have ‘Downside’ (Update2)
Buffett Says Wall Street Pay Must Have ‘Downside’ (Update2)
bloomberg.com — Oct. 20 (Bloomberg) -- Billionaire Warren Buffett, who collects a $100,000-a-year salary for running Berkshire Hathaway Inc.,... said Wall Street pay needs a “downside” when profits deteriorate because of reckless bets. (more) Buffett Says Wall Street Pay Must Have ‘Downside’ (Update2)
The DVR vs Internet Video
blogmaverick.com — The “conventional wisdom” of internet intellectuals is that its a foregone conclusion that the future of content... delivery is via the internet. Furthermore, the same internet panel populaters seem to be of the mindset that traditional ... (more) The DVR vs Internet Video
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New York Fed's Hand in A.I.G. Payout
DealBook — ... of the New York Fed’s board at the time, was also on the board of Goldman Sachs. Mr. Friedman, 71, resigned in May, days after The Wall Street Journal disclosed that he had bought more than 50,000 shares of Goldman Sachs stock following the takeover of A.I.G. On Oct. 26, Goldman Sachs stock closed at $179.37 a share, giving Mr. Friedman a paper profit of $5.4 million on the stock he bought following the A.I.G. intervention, according to calculations made by Bloomberg. – Cyrus Sanati Go to Article from Bloomberg News »

Further reading
FT Alphaville — Elsewhere on Wednesday, - The Fed’s secret choice to pay for AIG swaps. - “Tim Geithner and pals left up to thirteen billion dollars of taxpayer money just sitting on the table? Why?” - AIG take two , Maurice Greenberg is back. - Beyond the consensus on European bank credit . - A visual history of the Federal Reserve system. - Fed self-evaluation : Marking monetary policy to model. - Pimco’s Bill Gross on the paper economy . - A CRE conference call. - Lucky timing for Galleon investors . - A Diary of the ...

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memri.org 12/30/2008 — Following are excerpts from Hamas leader Khaled Mash'al's, declaration of December 14, 2008, in which he stated that Hamas is ending the "Tahdiah" on December 19, 2008 . The statement was aired on Al-Quds TV on December 14, 2008: Khaled Mash'al : "The ...
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Americans Consumers Are Like Children
thefinancialblogger.com 10/17/2009 — As several of you already know, I have 2 children; William and Amy. What is fascinating about William is that, even though he is only 4 years old, he is already acting like a young consumer (or are consumers acting like 4 year old kids?). ...
Stiglitz Says Banking Problems Are Now Bigger Than Pre-Lehman
bloomberg.com 10/3/2009 — Sept. 13 (Bloomberg) -- Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc.
Netflix To Stream Video Via Sony Playstation 3 ConsolesBARRONS.com: Tech Trader Daily 10/26/2009
Netflix (NFLX) this morning announced a deal to stream movies and TV episodes via Sony (SNE) Playstation 3 game consoles. The service is expected to begin next month at no additional to Netflix members in the U.S. who have a PS3 system.  ...
Verizon Q3 Revs, EPS Edge Street Estimates; Shrs RallyBARRONS.com: Tech Trader Daily 10/26/2009
Verizon (VZ) this morning posted Q3 results that were slightly ahead of  the Street consensus. For the quarter, the telco posted revenue of $27.3 billion and profits of 60 cents a share; the Street consensus had been $27.2 billion and 59 ...
Trident Micro FYQ1 In Line; Sees Q2 Loss Worse than Expected; Shares Down 6%BARRONS.com: Tech Trader Daily 10/26/2009
Struggling interactive TV chip maker Trident Microsystems ( TRID ) this evening reported fiscal Q1 results in line with with estimates but forecast Q2 net loss much deeper than expected, pushing its shares down 15 cents, or 6%, to $2.30.  ...
Harmonic Shrs Tumble On Weak OutlookBARRONS.com: Tech Trader Daily 10/28/2009
Shares of Harmonic (HLIT) , which provides video-on-demand hardware to the cable industry and other TV system operators, are down sharply in late trading on a weak Q4 outlook . For Q3, the company posted revenue of $83.9 milliom and non-GAAP ...
A biography of Jacques Cousteau: A creature of the shallowsThe Economist: Full print edition 10/29/2009
An explorer of the seas who wasn't quite what he seemed Jacques Cousteau: The Sea King. By Brad Matsen. Pantheon Books; 320 Pages; $27.95. Buy from Amazon.com THIRTY years ago Jacques-Yves Cousteau (pictured) was reckoned to be one of the ten most ...