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Evident Technologies Files for Bankruptcy

in Nanotechbuzz, on July 10, 2009

...notes The Albany Business Review's Adam Sichko . "The company also lists $3.9 million in assets." "Ballinger said a protracted legal battle with the California biotechnology comp...

Neverland's future: up for grabs

in Sox First, on July 4, 2009

... owned them in a joint venture with record company Sony. But with his liabilities overshadowing his assets, the future looks grim. As the Counterpunch newsletter points out, Jackson was headed towa...

GM Stands For... General Mess. But PT Cruiser Cruises On

in carzz.org, on July 1, 2009

...uidation on July 10 unless a federal bankruptcy judge approves the sale of the automaker's best assets to a new company. Now the German Opel deal is doubtful as well. According to the Detroit N...

Jackson downloads soar

in Sox First, on July 1, 2009

...reportedly died more than half a billion dollars in debt and Associated Press reports he only had assets of just over $230 million. Which suggests the matter might be headed for bankruptcy court. A...

Classic Bentley Tour Arrives on My Doorstep

in Classical Drives, on June 29, 2009

...cars were original "W.O." Bentleys, built by Walter Owen Bentley prior to the sale of his assets to Rolls-Royce in 1931. As they arrived these fabulous classics lined up in front of the Brit...

Beware the China bubble

in Sox First, on June 29, 2009

...or about $US670 billion) of new lending pouring into the market but most of that was on speculative assets, not the real economy. Fitch Ratings now warns that the Chinese banks are an accident wait...

Jackson's estate: the blooduckers zero in

in Sox First, on June 29, 2009

...ied in 1970 and his estate wasn't settled until 2005. If Jackson's liabilities outweigh his assets, we can expect messy bankruptcy proceedings. Then there is the question of the publishing rig...

Ruth Madoff's lost asset claims

in Sox First, on June 28, 2009

...orts that his wife Ruth has come to a deal with prosecutors to forfeit her claim for $80 million of assets. Instead, she is left with a paltry $2.5 million and she has to find herself a new home. Rut...

Michael Jackson's debt legacy

in Sox First, on June 26, 2009

...year more than he earned. Back in 2003, Forbes put his debt at $200 million, more than double his assets. Get ready for the dogfight as creditors zero in for the kill. Still, Jackson might start ma...

The future is Battery Powered Passive RFID Tags

in The RFID Weblog, on June 24, 2009

... reducing labor time and cost and minimizing waste.  Asset Management. Tracking and tracing of assets - such as reusable pallets and containers, tools and equipment, computers and other IT hardware, ...

iPhone OS 3.0 破解软件 PwnageTool 3.0 发布(含 Redsn0w)

in Wangtam, on June 22, 2009

昨天提到, iPhone OS 3.0 已遭破解 ,今天,iPhone OS 3.0 破解软件 PwnageTool 3.0 已经正式发布。不过由于 Apple 为了保护自己的利益,给破解设置了大量的新门槛,这一次的 PwnageTool 还是有不少限制。PwnageTool 3.0 仅能在 Mac OS X 中运行,能够实现 iPhone OS 3. 0的 Jailbreak 破解,安装非官方渠道的第三方软件。目前,PwnageTool 3.0 支持的设备仅包括第一代 iPhone、第一代 iPod touch 和 iPhone 3G,不支持新的 iPhone 3G S 以及 iP...

Does Obama's patchwork overhaul go far enough?

in Sox First, on June 18, 2009

... destructive side bets that financial institutions make. And finally, advisers of hedge funds whose assets exceed a certain size will be required to register with the Securities and Exchange Commissio...

Throwing the book at Madoff

in Sox First, on June 16, 2009

...ns, and immediate family should be investigated fully to determine their complicity. The wife's assets should be seized for victim restitution and she should be made to spend the rest of her life ...

Art Funds

in The Hedge Funds Weblog, on June 10, 2009

...ments GmbH and director of the world-wide first Art Photography Fund. "Investments in material assets such as real estate, commodities, as well as art, continues to be an area that investors seem...

Banks to face more stress tests

in Sox First, on June 9, 2009

...uot;Stress testing should also be repeated so long as banks continue to hold large amounts of toxic assets on their books." The report also seems to suggest that stress testing needs to become a...

Banks fight to keep accounting tricks

in Sox First, on June 6, 2009

...heir books but don't expect the banks to take that lying down. Up until now, the banks had kept assets and liabilities including mortgages and credit-card receivables off their balance sheets and ...

What the GM bankruptcy means

in Sox First, on June 1, 2009

...Motors filing for bankruptcy , the biggest manufacturer do so with its debts more than double its assets, the question needs to be asked about what this means for the auto industry, both in the US a...

What Happens to Your Cyber Stuff When You're Dead? Legacy Locker...

in Web 2.0, on May 31, 2009

...obleizer , VentureBeat , and TechCrunch . The service is free if you want to pass on three "assets" or less to a single beneficiary. I can register and have Legacy Locker send my Facebook...

微软确认将于 12 月正式发售 Windows 7

in Wangtam, on May 12, 2009

刚才在洛杉矶的 TechEd 2009 会议上,微软 Windows 业务高级副总裁 Bill Veghte 确认,微软确认将于 12 月正式发售 Windows 7。公司旗下的另一款产品,适用于客户端及服务器版本的 Windows Server 2008 R2 也将于同期上市。 微软同时表示,将在今年 7 月向此次年会的参加者放出 Office 2010 的技术预览版。微软的一位产品经理 Ward Ralston 则表示,这并不意味着 Office 2010 步入了正式发布前的阶段。微软尚未公布该产品的发布日期。 微软在半月前推出了首个 RC 版的 Windows 7,这也意味着该...

Bankroll blues

in Sox First, on May 7, 2009

...s its report showing that that the top 25 originators of subprime loans, the $1 trillion worth of assets that created the meltdown were owned and financed by investment banks now receiving bailout m...

The next accounting battle

in Sox First, on May 3, 2009

...e-sheet structured investment vehicles and conduits. In effect what that did was allow trillions in assets to escape close scrutiny and delver mega profits for banks and hedge funds. Doubtless, the b...

One more step to bank nationalization

in Sox First, on April 24, 2009

...;t know how to run banks. From another, nationalization might well be the only way to fix the toxic assets. What's needed is a full and open debate, possibly even Congressional approval. Doing it ...

TARP fraud investigations

in Sox First, on April 21, 2009

...uot;You only need a few corrupt managers whose compensation may be tied to the performance of these assets in order to effectively pull off a collusion or a kickback scheme." But what's more ...

Oracle 出价 74 亿美元收购 Sun

in Wangtam, on April 20, 2009

Oracle 同意以 74 亿美元或每股 9.50 美元的价格收购 Sun ,预计该次并购于今年夏季完成。 Oracle 公司总裁 Safra Catz 称,预计该并购交易完成的第一财年,将促使 Oracle 公司依非国际公认会计原则(Non-GAAP)计算的每股盈利至少增加 15 美分。 Catz 指出,预计其收购 Sun 电子计算机公司的业务在并购第一财年将为 Oracle Non-GAAP 运营利润贡献 15 亿美元 ,第二财年贡献逾 20 亿美元。而并购 Sun 电子计算机公司第一财年将实现的每股收益要高于 Oracle 并购服务器软件供应商 BEA 系统公司的计划每股收益...

chinaSMACK | Hot Internet Stories, Pictures, & Videos in China

in Wangtam, on April 20, 2009

...The Web Into Paid Ads • Mojiva: Simple Self-Service Tools for Mobile Ads • Social Media Cartoon: Flitterin = Facebook + Twitter + LinkedIn • Obama Spurns Silicon Valley Vets, Names Virginia'...

Is the US becoming like Russia?

in Sox First, on April 15, 2009

...'s a point I raise in my column here . It's not just about cleansing the banks of toxic assets. It's about restoring trust in the system and until that happens, there can be no full reco...

Giving banks permission to lie

in Sox First, on April 4, 2009

...es to use their own judgment to a greater extent in determining the "fair value" of their assets is a case of pretending that those toxic assets are really valuable assets that for some irra...

G20 and FASB: the banks win again

in Sox First, on April 3, 2009

...es to use their own judgment to a greater extent in determining the "fair value" of their assets and thus avoid those nasty impairment charges. As John Mason maintains in his Seeking Alpha...

Collecting Bad Debts Through MySpace? Not...

in The Social Networking Weblog, on April 2, 2009

...gency. Paula Newland fell behind on her car payments - and everyone kind of knows that now because Assets Recovered and Advanced Equity evidently allegedly posted something on her MySpace page about...

Revisiting FAS 157, Again

in Bizinformer, on April 2, 2009

...counting Standards Board (FASB) voted on Apr. 2 to make it easier for corporate management to value assets on their balance sheets with less regard for market prices. Forbes has also weighed in on t...

Rest in peace, GM

in Sox First, on April 1, 2009

...he company in two much like the "good" and "bad" bank model. That will see good assets like Chevrolet and Cadillac being sold to a new company financed by the US Government and all...

A good crisis for George Soros

in Sox First, on March 26, 2009

...xpresses concern about the solution to create a bad bank that would be the dumping ground for toxic assets. What they should be doing, he says, is capitalizing the good banks. "What they propose ...

US dollar under fire

in Sox First, on March 24, 2009

...ying up US debt. As the economy sinks, it will weaken the dollar which would erode the value of its assets. Still, it's not going to happen overnight. As Andrew Batson from The Wall Street Journ...

Why Geithner's plan won't work

in Sox First, on March 23, 2009

...e money from private investors, to create a fund that will buy the banks' so-called "toxic assets". It will cost $500 billion with the "potential to expand up to $1 trillion over ti...

The Death of SpiralFrog

in P2P File Sharing, on March 21, 2009

...... "A source close to the company told CNET News that SpiralFrog has ceased operations and assets have been surrendered to creditors," writes CNET's Greg Sandoval . "To keep ope...

The politics of AIG

in Sox First, on March 16, 2009

..., fairness has left the building. Congress is shelling out hundreds of billions of dollars on toxic assets and the money is going to keep coming. While people say it's unfair, the bailout is desig...

Millionaires and fake prosperity

in Sox First, on March 12, 2009

...rosperity was actually fake because it was was based on massive consumer borrowing on bubble-priced assets where people used their homes as automatic teller machines to borrow big and invest with othe...

The Bootstrapper's Fable: Is a VC Hunting You?

in BootStrapMe, on February 28, 2009

...won't retell it in its entirety, but the moral is that we often lose sight of our most valuable assets. Scott's message is simple: as a Bootstrapper, your most valuable asset is your independ...

Conrad Black speaks - again

in Sox First, on February 28, 2009

...ething wrong with the US justice system. Forget the way Black and associates looted cash and other assets from Hollinger to create a corporate kleptocracy. Naah, Black says he was just a victim. No a...

GAO127005: The beaconing active RFID tag with alarm function

in The RFID Weblog, on February 27, 2009

... It includes a built in LED flash and on receiving signal from RFID reader enables user to locate assets attached with the tag. GAO127005 comes with an enhanced tracking capability of up to 30 met...

James Galbraith: Obama not solving the financial crisis

in Sox First, on February 27, 2009

...in place as described, would have a perverse effect on the distribution of wealth. To guarantee bad assets at rates above their market value is simply a transfer to those who hold those assets. It wou...

Tour Gets Burned Again

in Eagle Par Birdie, on February 24, 2009

...appearance of 8 billion dollars from Stanford's Antigua bank. At any rate, Stanford Bank's assets have been frozen. These are not the sorts of sponsors the PGA Tour - or any other Tour that ...

The Two Trillion Dollar Meltdown by Charles R Morris

in Sox First, on February 19, 2009

... Potemkin village, totally fake because it was based on massive consumer borrowing on bubble-priced assets. As a result, he says we are in for a period of what he calls The Great Unwinding where we w...

Diamond Hedge Fund Prospers

in The Hedge Funds Weblog, on February 17, 2009

...co-founded the business with Mahyar Makhzani. Full story: Diamond Hedgers Report Increase in Fund Assets ...

Banks are insolvent

in Sox First, on February 13, 2009

...ost , Roubini says the only answer is to nationalize the banks. Once you do that, you separate the assets into bad and good ones, and get rid of the bad ones. Roubini says Obama's plan is a step ...

Geithner's vague debut

in Sox First, on February 11, 2009

...ental problem is that there just isn't enough detail. The plan is to to purchase toxic mortgage assets through some sort of vague public-partnership, but no-one yet knows exactly how that will wor...

Time Warner 公布 2008 年第四季度财报

in Wangtam, on February 9, 2009

AOL及《人物》杂志的母公司时代华纳上周 公布2008财年第四季财报 ,受广告销售额下降及资产减记拖累,该公司第四季亏损160亿美元,为14个季度以来首次出现亏损。 此消彼长 时代华纳称,第四季亏损160亿美元,每股亏损为4.47美元,上年同期该公司盈利10.3亿美元,每股盈利28美分。销售额下降至123亿美元,此前,彭博社调查的14位分析师预测时代华纳销售额为128亿美元。该公司称今年利润变化不大。 有线电视系统和有线电视网络的营收增长,抵消了AOL互联网部门和时代杂志部门广告销售额的大幅下滑。时代华纳CEO杰弗里·比克斯(Jeffrey Bewkes)正计划通过分拆时代华纳...

TARP shortchanged taxpayers $78 billion

in Sox First, on February 7, 2009

...bailout program short-changed US payers $78 billion. For every $100 spent by Treasury, it took back assets worth just $66. Mind you, that would be a conservative estimate, it's probably a lot wor...

Murdoch's woes a warning for the media

in Sox First, on February 6, 2009

....4 billion. Why the red ink? Because the company took $8.4 billion in write-downs on its intangible assets, mostly related to US television licences and newspapers. If you want, you can listen to them...

SocialWhoIs: All About The Social Web

in Wangtam, on February 5, 2009

...rds with the world • Google & The Big Ideas • AT&T Seeks Verizon Wireless Assets • U.S. Online Video Viewing Surges 13 Percent in Record-Setting December • Tweettornado: Twitter Spammi...

Hot topics in consumer goods supply chain management

in Supplychainer, on February 5, 2009

I think consumer goods sector was one of the few industries where some companies gained from economic crisis (companies in food sector e.g. GENERAL MILLS ) and some companies ended up with lots of inventories (like the apparel producers and retailers). In any case, the hot topics today for ...

AOL 宣布裁员 700 人

in Wangtam, on February 3, 2009

TC 消息 , AOL CEO Randy Falco 上周在致全体员工的备忘录中表示,受经济衰退的影响,公司将裁员 700 人。 Falco 在备忘录中称公司将裁员 700 人,占员工总数的 10%。同时还将冻结 2009 年全年的加薪计划。"全球经济衰退已经影响到每一个角落,包括我们自己。" Falco 表示。 本月初, AOL 的母公司时代华纳其 2008 年的营收预期下调了 3.7 亿美元,这意味着其旗下 AOL 的广告营收同比下降了 18%,大约为 6400 万美元。 上周,Google 承认其于 2005 年收购 AOL 5% 股份已成为一笔亏本生...

Bank bailout failure

in Sox First, on February 3, 2009

...banks. The Obama administration is looking at creating a "bad" bank to soak up the toxic assets but there is one problem with that. How much do they pay? If it's too much, it hurts taxp...

Credis Suisse sheds light on hedge fund failure

in The Hedge Funds Weblog, on February 2, 2009

...ers some comparisons to past market downturns, periods in which strategies saw severe declines in assets under management and how performance was impacted in the years that followed. Read Complete A...

Bailout transparency problems continue

in Sox First, on January 31, 2009

...moves to to kick-start credit markets. The FT says the measures might include the purchase of toxic assets by a "bad bank", insurance-style guarantees for problem assets remaining on bank ba...

Rupert Murdoch's downturn blues

in Sox First, on January 30, 2009

...of strategic direction related to News Corp's television station, newspaper and book publishing assets...Therefore, we are concerned that the News Corp. growth story, propelled by cable networks a...

Deloitte's new report on supply chain improvement in crisis times

in Supplychainer, on January 30, 2009

...r you can - preserving your core business while increasing your flexibility on the fringes. Selling assets and then leasing them back is one way to raise emergency cash. You might also want to conside...

Bill Gates on Philanthropy in Crisis

in The Hedge Funds Weblog, on January 26, 2009

...an Business Editor for The Economist conducted the interview, where Gates said his foundation's assets may be shrinking, but it is increasing its giving in 2009, from $3.3 billion last year to $3....

Obama's options

in Sox First, on January 26, 2009

...ding. The final option is to create a government -owned "bad bank" to take all the toxic assets. That's easier said than done. How much does the US government pay for toxic assets. If i...

Satyam: do we need a global Sarbox

in Sox First, on January 21, 2009

...re exporter, admitted he had intentionally overestimated, to $1.4bn, the value of the company's assets. The company's auditors PricewaterhouseCoopers have been replaced. A good rundown of the ...

Maths and the meltdown

in Sox First, on January 14, 2009

...aises questions around the "efficient markets" theory. Do buyers and sellers of financial assets act rationally in deciding at what price they are willing to buy or sell a stock, bond, optio...

$100 Million Hedge Fund to Liquidate

in The Hedge Funds Weblog, on January 12, 2009

...n, is shutting down Boston-based GMB Low Volatility Fund LP. The fund had more than $100 million in assets. GMB Capital is run by MIT professor Gabriel Bitran and his son Marco. The father-son team t...

Diagnosing the liquidity and credit crunch

in Sox First, on January 6, 2009

...er financial investors. The aim was to offload risk. Trouble is the banks were also financing their assets with shorter maturity instruments, or short-term money market funds, leaving themselves badly...

Climate change chain of command

in Sox First, on January 5, 2009

...ent because carbon trading, credits and offsets have the potential to create significant intangible assets and liabilities, which would have a massive impact on balance sheets. And it is potentially a...

More bailouts on the way

in Sox First, on January 3, 2009

... counterparties, the degree to which that stress is caused by a distressed or illiquid portfolio of assets, the number and size of financial institutions that are in the same boat or that would be aff...

Fair value blow for banks

in Sox First, on January 1, 2009

...bstantially all failed banks studied, fair value accounting was applied to only a small minority of assets, and losses recorded as a result of applying fair value accounting did not have a significant...

Are we all Keynesians now?

in Sox First, on December 30, 2008

...ion into GMAC Financial Services, including $1 billion for General Motors, with the Troubled Relief Assets Program (TARP) turning into a giant slush fund and with the incoming administration of Barack...

Madoff's insanity defense

in Sox First, on December 29, 2008

The legal fallout over Bernard Madoff has taken a New turn with a judge ruling that Madoff must provide a list of all investments, lines of credit, loans, business interests, brokerage accounts, and other holdings to the Securities and Exchange Commission by New Year's Eve. As Bloomberg...

New York And Other States May Sell Off Assets To Pay Debts

in Exclusive from our news room , on December 28, 2008

...n economic crisis though; New York, Minnesota and others are actually considering the sale of state assets such as roads, bridges and state owned golf courses to raise cash. Read about it at "M...

Ryder System makes a new logistics acquisition

in Supplychainer, on December 27, 2008

...unced last week that it has completed the previously announced acquisition of substantially all the assets of Transpacific Container Terminal Ltd. (TCTL) and CRSA Logistics Ltd. (CRSA) in Canada, as w...