Archive - Jan 2009 - Story

• Iceland government crumbles sending country into total chaos (Stratfor)
• Endowments 101: How university endowments are about to have their worst year ever (Bloomberg)
• Russian Finance Minister pushes for world financial watchdog (Moscow Times)
• Merrill's 16,800 brokers on verge of mass exodus (

First AIG with their million dollar, manicure and pedicure all-inclusive trips to the Pacific coast a few days after a $100 billion dollar rescue by taxpayers, and now David Paterson, governor of a virtually bankrupt NY State.

First AIG with their million dollar, manicure and pedicure all-inclusive trips to the Pacific coast a few days after a $100 billion dollar rescue by taxpayers, and now David Paterson, governor of a virtually bankrupt NY State.

First AIG with their million dollar, manicure and pedicure all-inclusive trips to the Pacific coast a few days after a $100 billion dollar rescue by taxpayers, and now David Paterson, governor of a virtually bankrupt NY State.

Senator Carl Levin was prompt in his condemnation of the CEO's insane spending habits: "The notion of Citigroup spending $50 million on a new corporate jet, even as it is depending on billions of taxpayer dollars to survive, does not fly.

Senator Carl Levin was prompt in his condemnation of the CEO's insane spending habits: "The notion of Citigroup spending $50 million on a new corporate jet, even as it is depending on billions of taxpayer dollars to survive, does not fly.

Senator Carl Levin was prompt in his condemnation of the CEO's insane spending habits: "The notion of Citigroup spending $50 million on a new corporate jet, even as it is depending on billions of taxpayer dollars to survive, does not fly.

Nobody could have possibly foreseen this.

Nobody could have possibly foreseen this.

Nobody could have possibly foreseen this.

"The streamlining will constitute of 1,800 layoffs and 1,600 voluntary retirements and departures."

Voluntary??? No more Friday donuts?

Full PR here.

According to an article in this morning's edition of Women's Wear Daily ($$$ link), the DC Shoes division of sportsware maker Quiksilver could be sold to VF Corp in as soon as a few weeks, and that upon a successful consummation of the deal, Nike could purchase Quiksilver