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An X-shaped recession

in Sox First, on July 14, 2009

...ecause the track we were on for years - featuring flat or declining median wages, mounting consumer debt, and widening insecurity, not to mention increasing carbon in the atmosphere - simply cannot be...

Jackson's funeral: taxpayers foot the bill

in Sox First, on July 9, 2009

...superstar. The Los Angeles Times reports that inquiries are under way into how the city ended up paying $1.4 million for the funeral. That includes 3500 boxed lunches from Jensen's Finest Foods...

At Last. The Concours that Pebble Beach Really Needs

in Classical Drives, on July 8, 2009

...LeMons and Billetproof , Concours d'LeMons lowers the tone for the Monterey Weekend. Tired of paying $150 to see 150 identical Ferraris? Concours d'LeMons costs 20 bucks and has 20 Pacers an...

Pebble Beach Swamped, Calendar Needs to be Split

in Classical Drives, on July 6, 2009

...c cars of tomorrow. Tickets are set at $70.00. Those aged 17 and under will be admitted free with a paying adult. $70.00? The average room rent at a Motel 6 if there was one handy. ...

Did Palin quit to head off an embezzlement scandal?

in Sox First, on July 4, 2009

...e complex cost the city an additional $1.3 million in legal fees and threw it into severe long-term debt. For SBS, however, the bloated and bungled project was a cash cow." This stuff is politic...

World Bank finally catches up with Siemens

in Sox First, on July 3, 2009

... cheaters. But they're taking their time. Two years after Siemens executives were convicted of paying bribes to get business, the World Bank has announced it will impose a $100 million penalty ...

Are you ready for a mortgage loan?

in The Mortgage Roadmap, on July 1, 2009

... be financially ready to take on the burden of a monthly mortgage payment. Look at your history of paying your existing bills. Are you ever late sending in that car payment? Do you struggle to make t...

Jackson downloads soar

in Sox First, on July 1, 2009

...e estate or fix the financial problems. Jackson 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 th...

Is plain vanilla the right goal?

in The Mortgage Roadmap, on June 30, 2009

... make sure they could afford the higher payments after the loan adjusted. And while homeowners were paying the lower, interest-only payments during a five- or seven-year period, they were supposed to ...

Using Your Website to Attract Sales

in Biz Plan Hacks, on June 29, 2009

...l discussion available on how to get more exposure for your website and turn website visitors into paying clients. Noobpreneur's owner, Ivan Widjaya, speaks from experience. He looks at content a...

Credit Scores and Car Insurance

in The Personal Finance Weblog, on June 29, 2009

...er to determine rates, according to an article by KOMOTV . This means that if you have not been paying close attention to making sure your bills are paid on time that you are probably paying your i...

Would you walk away from your mortgage loan?

in The Mortgage Roadmap, on June 29, 2009

... house behind? Surprisingly, a new study shows that 17 percent of households would willingly stop paying their mortgage payments if their homes fell in value by 50 percent or more. They'd do th...

Dragging out the foreclosure mess

in The Mortgage Roadmap, on June 26, 2009

... process. According to a story in the Washington Post, a growing number of homeowners have stopped paying their mortgage bills. But they're still living in their homes. That's because there a...

Michael Jackson's debt legacy

in Sox First, on June 26, 2009

...the pop icon was bogged down in controversy. But more to the point, he was trapped in a quagmire of debt. As The Wall Street Journal tells us, he left this world with $500 million in debt after def...

How to Save Money When You Buy Auto Insurance

in The Personal Finance Weblog, on June 23, 2009

...h cars to avoid, it will enable you to get a deal you can live with, and your friends (who are paying way more than you) will envy you for. If you want the best car insurance deal, why not get a real...

Recession drawing to an end. So what?

in Sox First, on June 20, 2009

... People will spend less for years to come, we are in for a long period of bear markets with no more debt-powered growth, there will be lots of volatility with a series of downturns (think of it as row...

A new wave of mortgage foreclosures on the way?

in The Mortgage Roadmap, on June 18, 2009

...ng loan balances. The big problem — other than the fact that too many borrowers have delayed paying down the principal on their mortgage loans by using these products — is that many of th...

Does owning a home have to be the American Dream?

in The Mortgage Roadmap, on June 17, 2009

...down: Housing foreclosures are soaring. Owners are walking away from their homes, giving up hope of paying their mortgage bills. Homes are worth less than what people paid for them. You can't open...

Nokia E72 unveiled - pics and video

in Wangtam, on June 16, 2009

...e-orders • Use Their Work Free? Some Artists Say No to Google • Lifehacker's Firefox Add-On Packs • 10 free cartoonish icon sets to spiff up your desktop • Produle: Create Highly Customize...

Save Money by Not Paying for Water

in The Personal Finance Weblog, on June 11, 2009

© stevendepolo Many products contain a lot of water. The water bulks up the product, costs more to package and ship, and of course, costs you more to get it, too. When you really think about it, this means that you could save money by buying the same foods - but without all the water added to...

Save Money by Buying Bulk with a Friend

in The Personal Finance Weblog, on June 5, 2009

... now that if you do not need the larger quantities, you can split them with a friend - each of you paying half - or some other arrangement. This gives you the savings of buying in bulk, and allows y...

Blame the recession on Reagan: Paul Krugman

in Sox First, on June 1, 2009

...merica's economic woes on Ronald Reagan. Basically, Krugman says deregulation, the piling up of debt and the scrapping of financially prudent rules like for example limiting the ability of familie...

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

in Web 2.0, on May 31, 2009

...your time. If you've got multiple identities in online games and a few marketable domain names, paying Legacy Locker (or someone like them) might be a good plan... © onnoweb ...

Is your credit score falling?

in The Mortgage Roadmap, on May 27, 2009

...gage loan: your credit score. Also known as your FICO score, this number condenses your history of paying bills and handling credit into a single figure. Mortgage lenders look at the score to determi...

Krugman, Soros and Roubini: how to fix the crisis

in Sox First, on May 26, 2009

...sive deficit to save the economy. It is a finely balanced thing, he says. "We are currently in debt about 60 percent of GDP,'' Krugman says. "We have in the past been as high as 100 ...

Britain to lose AAA rating, US is next

in Sox First, on May 23, 2009

...its of 10 percent annually as far as the eye can see. At some point over the next several years the debt of each may approach 100 percent of GDP, which is a level at which country downgrades tend to o...

Argentinean Wine

in Celebrate Wine, on May 21, 2009

...now who I would have put fifth. But it wouldn't have been Argentina. I suppose I'll start paying Argentina more attention... © ricardo.martins ...

Will credit card bill stall mortgage foreclosures?

in The Mortgage Roadmap, on May 20, 2009

... According to a report from CBS News, the average U.S. family carried $7,300 in credit card debt in 2007. That's a big financial burden. Is there a relation between this spiraling credit card...

US and China: the drug dealer-addict relationship

in Sox First, on May 20, 2009

...ican consumers buy Chinese-made goods, China piles up billions of dollars from US trade and buys US debt. That has flooded the market with cheap money and contributed to today's financial bloodbat...

Downturn easing without recovery

in Sox First, on May 12, 2009

...means, more likely than not, more bank losses." Stiglitz says harsh medicine in the form of a debt for equity swap, where bond holders basically cancel their debt in exchange for equity in the b...

Credit card losses to hit banks

in Sox First, on May 11, 2009

...a look at the impact that credit card losses will have on the US economy and US banks. Credit card debt is the ticking time bomb for banks, says the New York Times . According to the bank stress tes...

ExtravaGANZa pet day!

in WebKinzBlog, on May 3, 2009

...00. It's May 3rd, where are my May Deluxe 8,000 points? I hate to miss this day but I'm not paying fullpriced. I didn't get any May deluxe gifts either - did anyone else??? What's av...

No recovery in sight

in Sox First, on April 30, 2009

...quot;. With the Fed printing money to buy Treasurys, mortgage-backed securities and housing agency debt , some economists are predicting the US economy will return to growth with a big decline in in...

50 Ways to Leave your Outsourcer

in The Outsourcing Weblog, on April 28, 2009

... convenience exits. Unfortunately, this approach further encourages a long-standing trend of short-paying vendors - a practice that I have seen first-hand. Frankly, I find this practice to be both eth...

Big bonuses at imploding banks

in Sox First, on April 26, 2009

...s are bigger than last year. That includes UBS which despite gettiong a Swiss government bailout is paying its "star" 15-20% more. Until the banks are sorted out, the financial crisis will ...

New Nokia Handset That Thinks It's a Credit Card

in The Mobile Technology Weblog, on April 24, 2009

...ser's credit card information on the SIM card using NFC (Near Field Communication) technology. Paying for purchases from stores would literally be as simple as swiping the phone over a sensor. A...

Acer and AT&T Offer Cheapest Expensive Netbook Ever

in The Gadgets Weblog, on April 21, 2009

... The 5GB plan will run $60 per month for 24 months - a grand total of $1440. So, that means you are paying a little over $1500 for a 1.6Mhz Netbook with 1GB of RAM and a 160GB hard drive. I don't ...

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...

Oracle acquires Sun

in The CIO Weblog, on April 20, 2009

...al fell through last week. The companies report that the deal will come to $7.4 billion with Oracle paying $9.50 per share, cash, trumping IBM's reported final offer of $9.40 per share. After the...

12 brands that will die

in Sox First, on April 18, 2009

... list compiled by by 24/7 Wall St . The analysis is pretty thorough. It looks at sales performance, debt levels and competition. It's hard to fault and makes fascinating reading, in a gruesome sor...

Logitech Ultimate Ears 700 Break the Sound Barrier and the Bank

in The Gadgets Weblog, on April 15, 2009

... $229.99. That's right, for the ultimate sound experience from your iPod or my Samsung S5, I am paying nearly $250. I only payed $149 for my media player. This brings me to my question. How muc...

IPOs: don't blame Sarbox

in Sox First, on April 15, 2009

...ut, it's the market's architecture where you have many more alternative sources of finance. Debt can be sold in the private market, there's private equity and retail investors hold less th...

Buy This Not That iPod Nano Vs Samsung P3

in The Gadgets Weblog, on April 13, 2009

...sung, you are buying a sleek 3 inch touchscreen - granted, it is not an iPod Touch, but you are not paying the touch price either. While the screen real estate might not seem like a big deal - try wat...

Recession: neither the beginning of the end or end of the beginning

in Sox First, on April 13, 2009

...ra money they extract from their homes to spend again. But most will use the extra money to pay off debt and start saving again, as they did years ago. Most consumers continue to worry about their job...

Qtrax Announces Official Relaunch

in P2P File Sharing, on April 10, 2009

...pported music download service — SpiralFrog — closed down after it could not meet its debt obligations," notes Billboard's Antony Bruno . "The SpiralFrog situation has cas...

Corsair and Super Talent Take SSD To Bigger and Better Levels

in The Gadgets Weblog, on April 9, 2009

...e in at a cool $1499.99. That's right for a smoking-fast SSD with an amazing capacity, you are paying nearly two-grand. OUCH! As with most things tech, prices will fall and specs will improve. ut ...

A Chill in Paris...

in Wandalust, on April 6, 2009

...n clientele between December and March. "We're not worried about our future, but we are paying attention," a spokeswoman says. Midpriced restaurants also are feeling the pain, as patro...

Collecting Bad Debts Through MySpace? Not...

in The Social Networking Weblog, on April 2, 2009

... an interesting piece earlier this week on a woman in Michigan whose MySpace page got targeted by a debt collector. She's now suing the collection agency. Paula Newland fell behind on her car pay...

A Web 2.0 Obituary?

in TJ's Weblog, on April 2, 2009

...cky enough to make use of that unlimited scalability. Put differently there is usually too little (paying) demand for all whats going on on the Internet. If you open up a restaurant your scalability...

The Economist to Launch London Theme Park

in The Hedge Funds Weblog, on April 1, 2009

...ro and drop like a stone with the pound! Chamber of horrors : Tremble at the wailing of distressed debt! Fiscal fantasyland : Watch the economy shrivel before your very eyes as you struggle to stop ...

Pay Less On Your Taxes This Year

in The Personal Finance Weblog, on March 27, 2009

... © Phillip Taxes clearly are something that people do not like to pay. Yet, many are paying more than is necessary. Even the IRS says that more people could save money on taxes if they were a li...

A good crisis for George Soros

in Sox First, on March 26, 2009

...is robust growth in the US. And he warns that the US needs to stop relying on the Chinese buying US debt. It's not going to last forever, he says, and the Chinese are becoming wary of the US econo...

Geithner's push for power and the law of unexpected outcomes

in Sox First, on March 26, 2009

...solid work, who get laid off because Wall Street geniuses drove the economy off a cliff, to wind up paying bonuses to those same geniuses. No wonder the chorus of demands that the government somehow g...

Market soars as trade collapses

in Sox First, on March 24, 2009

...planet. Yesterday, the Dow soared 7% as investors embraced Geithern's plan to buy toxic bank debt. Global markets have followed . While markets roared, the World Trade Organization has w...

US dollar under fire

in Sox First, on March 24, 2009

... China's problem is that it's now backing what's left of the US economy by buying up US debt. As the economy sinks, it will weaken the dollar which would erode the value of its assets. St...

Avoid the Tax Rush and Save Money

in The Personal Finance Weblog, on March 24, 2009

...r Filing taxes every year is a ritual that many people hate. Of course, most people do not like paying income taxes, but some people actually take advantage ahead of time and save money at tax time...

Should Businesses Take on Debt Now?

in Biz Plan Hacks, on March 21, 2009

... BusinessWeek took a close look Friday at the pros and cons of taking on debt during a recession. The piece in timely because the Obama Administration recently unveiled plans to spur lending to small...

Systems and the AIG catastrophe

in The CIO Weblog, on March 18, 2009

...rcing people to correct their own mistakes, but I, like many Americans, am not thrilled that we are paying them bonuses for the privilege. Actually, I may be ahead of many Americans in understanding t...

Tips for Saving Money on Large Expenses

in The Personal Finance Weblog, on March 18, 2009

...Buying large items can lead to paying more than you need to if you are not careful. Simple tricks can enable you to cut the costs on those large purchases, and save money. Here are a few ideas. Avo...

Newspapers: obituaries and renewals.

in Sox First, on March 17, 2009

...usiness models and that readers who have grown accustomed to finding news for free online can start paying. I would say both of those are only remote possibilities, and highly unlikely. It's hard...

Saving Money By Using Free Stuff

in The Personal Finance Weblog, on March 16, 2009

...money away. Here are some things you can get for free: 1. Free Loans - If you have credit card debt, get a new balance transfer credit card with 0% APR interest and put all existing balances on i...

Warhammer Online shuts down 63 servers

in PCGamers Blog, on March 13, 2009

What does it tell you when a massively-multiplayer online RPG closes several servers? At the top of one's head, shutting down game servers probably doesn't bode well for the MMO as a whole. But according to Mythic GM Mark Jacobs' forum post , it's actually a good thing when Warh...

More Ways To Get Money to Reduce Debt and Save Money

in The Personal Finance Weblog, on March 13, 2009

...g more money to make ends meet, there are a number of other ways you you can do this. Reducing your debt to zero and saving money can be accomplished. It may take some hard work, but it is possible. H...

Bankruptcy: What You Should Know

in Biz Plan Hacks, on March 11, 2009

...ay let you reorganize your company while shielding you from creditors and discharging unsustainable debt. The piece provides a few points of contrast between Chapter 11 and chapter 7. It looks at the ...

The key themes in the supply chain of tomorrow

in Supplychainer, on March 8, 2009

...ost and social benefits by outsourcing to partners, seeking alternative modes of transportation and paying attention to the fuel efficiency of the transportation vehicle fleet. Sustainable warehousi...

Sprint Introduces Paying Referral Program

in The Mobile Technology Weblog, on March 6, 2009

After posting about the 4th largest domestic wireless carrier, T-Mobile's tactics to increase their customer base, Sprint follows up with a technique of their own. The nation's third-largest wireless carrier said it will reward existing customers with a $100 referral payment for each ...

5 Ways to Save Money This Year - A Lot of It

in The Personal Finance Weblog, on March 5, 2009

... of it - this year. 1. Save Money by Refinancing Your Mortgage It is possible that you may be paying a higher interest rate than what is now available. Truth is, mortgage rates are not apt to ge... ...a SUV, Business Week Magazine suggests you trade it in on an older model to reduce both overall indebtedness and monthly payment amounts. In some cases, with the right vehicle, you may also be able ...

Dead reckoning

in Sox First, on March 4, 2009

... Another sign that the US economy is headed down the tube with the New York Times reporting that debt collectors are now targeting the next of kin of the dead to collect debts. It's a new marke...

Supply chain video: Managing Supply Chain in a Tough Economy (Part 3)

in Supplychainer, on February 28, 2009

...iversity (You can see the first part and second part here & here ). Developing customers and paying attention to what is happening to customers as well as customers' customers were among th...

Credit Card Tip

in The Personal Finance Weblog, on February 27, 2009

Photo courtesy of iStockphoto , Image# 5300761 Before you get a new credit card, be sure that you can afford to pay if off each month. If you can't - then realize that it could be the start of financial trouble that you may not be able to get out of for years to come. Although this advic...