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Dubai: a sign of worse to come
in Sox First, on November 30, 2009
...ai. The real worry is whether Dubai's woes are a harbinger of even worse disasters in 2010. Dubai's debt of about $80 billion is just a drop in the ocean compared to the trillions of dollars of debt t...
Berlusconi fights on
in Sox First, on November 29, 2009
...
Italian Prime Minister Silvio Berlusconi will be on trial this week on charges of paying a $600,000 bribe to David Mills, his former British tax adviser. That's after they overturned the law ...
Dubai: what's ahead?
in Sox First, on November 29, 2009
...s a good take on how Dubai's creditors were taken in and fooled. The Economist writes: "Dubai’s debts are heavy, amounting to about $80 billion including the government and the conglomerates it cont...
The Dubai con job
in Sox First, on November 27, 2009
... how Dubai was likely to join Iceland and go broke. It's about to default on billions of dollars of debt accrued to create that bizarre financial center out in the middle of the desert. The news has s...
Dubai goes for broke
in Sox First, on November 26, 2009
...
Back last month, I did a blog entry looking at how Dubai was struggling to pay its debts. Now, it looks like the once opulent kingdom of Dubai could go the way of Iceland and go broke. Now, ...
US to pay $500 billion to service mega debt
in Sox First, on November 23, 2009
...
Earlier this month, I did a blog entry warning of worse times ahead with the US debt hitting $12 trillion. Just how bad is it going to get? As the New York Times warns, the US is now faci...
Seen that? - Cutting calories part 1
in Daily Power Walk, on November 19, 2009
... And they start off innocent enough, with crunchy, virtually calorie-free romaine lettuce. But quit paying attention for even [...] Read More Starbucks hidden calories at Ar...
Students Take to Online Gambling to End Their Debts
in The Gambling Weblog, on November 19, 2009
...Gambling advisory service GamCare has warned that students, in an effort to relieve their growing debts, are turning to online gambling and in particular poker . One US study has apparently found th...
Economy to get worse with debt hitting $12 trillion
in Sox First, on November 18, 2009
...im where the going is slower than expected . The US economy is facing a long hard haul back with debt levels now topping $12 trillion . That only adds to pressure on the economy from weak bank len...
New fair value rule to face test
in Sox First, on November 16, 2009
...ules dealing with the classification and measurement of financial assets, such as loans, as well as debt and equity securities using fair value. Sox First will remember how the banks were screaming ab...
Climate change and Big Brother
in Sox First, on November 15, 2009
... solutions. It does make you wonder though what that would do for the cash economy, with say people paying for their fuel and paying their electricity and gas bills with the folding stuff. More impor...
Pro Evolution Soccer 2010 Review
in Wangtam, on 2009-11-12
...se: 250% Growth in 6 Months
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• Google Latitude, now with Location History & Alerts
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Is China about to collapse?
in Sox First, on November 12, 2009
... up producing a massive amount of goods that it won't be able to sell. The big problem is China's debt. As Fortune magazine reports, Beijing has shoveled $1.27 trillion in new loans into the econo...
HP continues growth with 3COM acquisition
in The CIO Weblog, on November 11, 2009
...Hewlett-Packard has been making hard choices over the past year but the aggression seems to be paying off. The EDS acquisition has become the most profitable part of the company, market share has hel...
Seen that? - VoIP over Phone Wiring
in The Wired Home Weblog, on November 9, 2009
...eve your eyes?? Yes, then start believing as till December 1 you can avail AU-100 VoIP USB phone by paying only $6 shipping. This festival season Geeks.com is giving a rebate of $40 on the phone. Thi...
OpenOffice.org Portable 3.1.1 简体中文版
in Wangtam, on 2009-11-04
...
• Orkut Gets Streamlined In An Attempt To Fend Off Facebook And Twitter
• DVR, Once TV's Mortal Foe, Helps Ratings
• Do-It-Yourself iPhone Apps
• Skype for Linux to go open source... even...
Buffett bets big on US recovery
in Sox First, on November 4, 2009
...ny years that Buffett has done a shares deal. Now the railway is not coming cheap as Berkshire is paying more than 18 times Burlington’s 2010 earnings, with 40 percent of the price in stock. That sa...
India goes for gold: dollar to lose out
in Sox First, on November 4, 2009
...
Extraordinary developments with India paying $6.7 billion for IMF gold , giving its bank the about the tenth largest gold holdings of all the central banks. At the moment, gold now makes up a...
Emanuel presses for another Sarbanes-Oxley exemption
in Sox First, on November 3, 2009
...hairman Mary Schapiro had granted yet another reprieve, giving small firms until next year to start paying auditors to scrutinize their internal controls. But in her press release at the time, Schap...
Firefox 3.6 Beta 1
in Wangtam, on 2009-11-01
...正式版
• Amazon PayPhrase Tries to Make Paying Online Easier
• Minimalist Gmail
• High Res Video of Ares I-X Launch
• Happy 40th Birthday, Internet!
• New Avatar Trailer Hits the Web [VIDE...
Seen that? - July 1 GST/HST Drops to 6% from 7%
in Small Business Unplugged, on October 31, 2009
... 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 ...
Abu Dhabi 的 Yas Marina 赛道前瞻:设计效果图一览 (14P)
in Wangtam, on 2009-10-31
... On The Ridiculous Side (but I still want one)
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• Windows 7 Guides: The Best Of
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Why the recession is good for the vitamins and fitness market
in Sox First, on October 31, 2009
...hier lifestyle. Second, as Americans lose health insurance and are confronted with the challenge of paying for prescriptions and medical treatment, many of them may be trading down to vitamins and sup...
Seen that? - Small Business Taxes
in The Personal Finance Weblog, on October 23, 2009
... 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 ...
Pay cuts for auto firm executives. What about banks?
in Sox First, on October 23, 2009
...hat Citigroup and Bank of America lost billions of dollars in the last quarter, they still ended up paying a combined $13.7 billion in compensation during the same quarter. In other words, executives ...
Dollar to tumble even more
in Sox First, on October 22, 2009
...enback highlights the parlous state of the US economy. The Economist writes: "A country heavily in debt to foreigners, with a government deficit it is making little headway at controlling, is creatin...
Seen that? - Pearls are back
in Busy with Style, on October 21, 2009
...though they originally started out as a men's wear company, slowly but surely they have started paying attention to women and their fashion needs. It began with clothing, but has recently expanded...
Seen that? - AOL, Yahoo Plan Paid E-Mail Service
in I got Spam?!, on October 21, 2009
...y the code in a graphic to send the message. It explained it was a feature that fights spam. I am a paying customer who has given them my name, address, credit card number, and birthdate, yet they tre...
Endless unemployment and the new pledge of allegiance
in Sox First, on October 21, 2009
...this report : "The new American Pledge of Allegiance: children, I pledge allegiance to America’s debt, and to the Chinese government that lends us money. And to the interest, for which we pay, compou...
Santa Claus is Coming to Town in a Classic Wooden Hot Rod
in Classical Drives, on October 14, 2009
... As one who is inevitably so late buying Christmas presents he ends up paying FedEx more for shipping than the cost of the gifts, it may seem odd that I would dare to mention the "X" word before the...
Wesley Snipes and the Ponzi scheme
in Sox First, on October 13, 2009
...t the message that greed doesn't pay. The same greed that drove him to rip off the US public by not paying his taxes was the same greed that saw him push millions of dollars into a get-rich-quick sche...
Dubai can't meet debts
in Sox First, on October 13, 2009
...in this crisis. Now we have BusinessWeek reporting that Dubai does not have resources to pay its debts. The sheikdom and state-controlled companies cranked up $80 billion of debt building man-made ...
Mortgages: 30-year or 15-year?
in The Personal Finance Weblog, on October 11, 2009
...rest on a $160,000 home. Among other things, they do the math on taking a 30-year mortgage and then paying it off in 15 years.
The piece looks at more than just the math, because financial decisio...
A system to let institutions fail
in Sox First, on October 11, 2009
.... Writing in the Financial Times , Levitt says we need a system that ensures investors, long-term debt holders, lenders and management suffer pain commensurate with the risks they allowed an institu...
Organized crime, forests and climate change
in Sox First, on October 8, 2009
...pol has warned that organized crime will target a United Nations scheme to cut carbon emissions by paying poorer countries to preserve forests. These projects are called Reducing emissions from defor...
California - America's first failed state?
in Sox First, on October 4, 2009
...nia is like a patient on life support. At the start of summer the state government was so deeply in debt that it began to issue IOUs instead of wages. Its unemployment rate has soared to more than 12%...
Seen that? - Using SCM in Children Hospital
in Supplychainer, on October 3, 2009
...y. According to an article on CNN.com, research shows that private hospital rooms frequently end up paying for themselves by reducing infection rates, making patient care more efficient, and shortenin...
Connecting Chords
in Business Computer Blog (UK), on October 1, 2009
...nger at these companies, suggesting that people will steal from them and their artists without ever paying for another song.
In recent years online music has changed quite a bit. Napster has starte...
Coming Soon From the Streets of Europe: The Ford C-Max
in carzz.org, on September 30, 2009
...with luxury trim plus the latest technological gadgetry. Again, the Europeans see nothing odd about paying extra for this whereas too many North Americans still equate small with cheap. Coming to the ...
Unicom says to sell iPhones in China from October
in Wangtam, on 2009-09-30
...Paying more attention to financial shocks
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Is Twitter really worth $1 billion?
in Sox First, on September 26, 2009
...uch a tenuous relationship between Twitter and its users, it's hard to imagine the average user paying for a subscription or premium features. The best these investors can hope for is a buyout nex...
Luxury hotels the latest victims of the recession
in Sox First, on September 25, 2009
...a $100 million loan is at risk of default. These hotels were financed aggressively on the oxygen of debt during the boom and now the chickens are coming home to roost. This is serious and dangerous. ...
Hyper inflation on its way?
in Sox First, on September 23, 2009
...in Wolf warns that "the U.S. government and British government will never mange their public debt problems. That means "there could be a real flight from these currencies and that would ge...
New Scans Featuring Serah, from V-Jump
in Wangtam, on 2009-09-19
...• Text-to-Speech Technology Reaches an Inflection Point
• IE App Compat VHD
• Lucky iPhone developer gets very own App Store hotline
• How Alan Turing Finally Got a Posthumous Apology
• Free ...
The financial meltdown and tell-tale emails
in Sox First, on September 15, 2009
...
Should UBS be held accountable for selling toxic collateralised debt obligations? The Wall Street Journal reports that UBS staff knew these debt securities were bad and sent off emails making t...
Nothing learned from Lehman collapse
in Sox First, on September 14, 2009
...d pooling them with slices of bonds comprised of low-risk mortgage securities. With the blessing of debt ratings agencies, banks are then selling this class of bonds as a low-risk investment. The mark...
Will the dollar be replaced?
in Sox First, on September 9, 2009
... long? The US dollar is effectively being kept on life support by countries like China buying up US debt. It's only a matter of time before before they put pressure on the US to move to a global c...
Lawyers and Outsourcing Deals
in The Outsourcing Weblog, on September 1, 2009
...tsourced - is rarely encouraged or significantly rewarded. Second, the company, when innovating or paying for it, even in the most mundane areas, wants that innovation to become a competitive advantag...
Commercial real estate to create a new mortgage crisis
in Sox First, on August 31, 2009
...;Banks hold $1.7 trillion of commercial mortgages and construction loans, and delinquencies on this debt already have played a role in the increase in bank failures this year. But banks' losses fr...
Spotify iPhone approved and set to launch
in Digital Music - The Future, on August 28, 2009
...a rather heavy price on top of normally already large contracts owners of the Apple device will be paying.
Will it take off? Who knows, we'll certainly let you know if we get some figures after a...
Double dip recession looming
in Sox First, on August 24, 2009
...untouched they will be punished by the bond market. That will raise interest rates on their massive debt. Inflation could also rise. The second reason why we might be headed for a double dip recessio...
Will We Soon Be Paying for Content?
in Web 2.0, on August 24, 2009
Internet advertising has one foot in the grave and Congress is thinking about helping it into the coffin. If it dies completely, what will the new revenue model be for the Internet? There aren't many choices. BusinessWeek looked in some detail at the most obvious of those choices recently: p...
Who is buying up US debt?
in Sox First, on August 23, 2009
...
Much has been said about China buying up US debt. China has accumulated the most US debt followed by Japan. But Caribbean countries? Luxembourg? They are in there among the top 10 debt holder...
Headed for the double dip
in Sox First, on August 20, 2009
...me. What that means is that the long term future is uncertain and we need to wind back the massive debt that got us into this mess in the first. There's no sign any of that's happened. As War...
Redbox Delivers Games and Goodness
in The Gadgets Weblog, on August 18, 2009
...eens, Walmarts, and McDonalds all over the country. For video game rentals, you will find yourself paying $2.00 per night, which for long term, would be a bit steep. But imagine if you could rent the ...
Readers Digest: another private equity failure
in Sox First, on August 18, 2009
...r Chapter 11 bankruptcy protection. The latest bone-headed plan is to convert $1.6 billion worth of debt into equity. How feasible is that when the magazine's readership is dying off and young peo...
More Save Money in School Tips
in The Personal Finance Weblog, on August 16, 2009
...r posts on this blog.
Stay Away from Delivered Foods
Every time you order a delivery, you are paying extra money in tips and other charges. After a few deliveries, this really adds up. Even if yo...
Lease accounting trouble looms
in Sox First, on August 16, 2009
...ount of liabilities on a company's balance sheet. This might force some entities to renegotiate debt covenants. As Tammy Whitehouse writes in Compliance Week , the new rules will cause all sorts...
Health care reform and a fat tax
in Sox First, on August 16, 2009
...ion is fueling obesity. A German study, reported here , found that one in four people seriously in debt were also obese. Only 11% of the 9000 people studied were not in debt were obese. The researche...
Foreclosures dogging the middle class
in The Mortgage Roadmap, on August 14, 2009
...t how the government is helping greedy or lazy homeowners save their homes, while hard-working, tax-paying citizens get nothing.
Well, this isn't really true. Many middle-class, hard-working peo...
A Word of Caution about Balance Transfer Credit Cards
in The Personal Finance Weblog, on August 13, 2009
... Rueda
While balance transfer credit cards appear to be an ideal way to reduce your credit card debt, you need to be aware that it may not be all that simple. In order for you to save money and get...
Family to lose home because of seven cents
in The Mortgage Roadmap, on August 11, 2009
...gage by seven cents.
The family, according to the story, does have a "spotty" history of paying its mortgage. But still, you'd think that with all the negative press facing mortgage len...
3jam vs. Google Voice
in The VoIP Weblog, on August 7, 2009
...nen . "Not only that, it's nearly impossible to figure out just how much you'll end up paying for it. The site says you get your first 40 domestic texts for free, and because many are del...
Spooks and the financial crisis
in Sox First, on August 7, 2009
...uot; With the US wasting money on wars it cannot win in Iraq and Afghanistan when it is heavily in debt, it will be fascinating to watch the priorities of intelligence agencies develop....
US mortgages underwater
in Sox First, on August 7, 2009
...easures. One good idea is to give homeowners facing foreclosure the right to stay in their homes, paying the market rent for a substantial period of time like, for example, seven to 10 years. That w...
Murdoch's desperate ploy
in Sox First, on August 7, 2009
...ainly will have their work cut out. Can you imagine telling your average Fox fan they have to start paying to access the Fox web site? Financial Times editor Lionel Barber says newspapers have to s...
Exxon Mobil lobbies on climate change
in Sox First, on August 2, 2009
...nding millions lobbying on climate change and when you're the biggest oil producer, you will be paying more to buy the politicians. Which is why it's not surprising to read reports that Exx...
Stressed-out and Gaining Weight? Find Out Why.
in Straightfromthedoc, on July 29, 2009
...cans showed that both men and women tended to pack on pounds due to job-related stress, difficulty paying their bills and mostly for women family related issues contributed as well.
Here are some of ...
The looming credit card disaster
in Sox First, on July 28, 2009
...
Credit card debt is the canary in the coal mine. It is the signal that tells us which way economies are tracking. And those signals are looking bad. USA Today reports that credit card debt is r...
Bonuses for bankers, despite losses
in Sox First, on July 23, 2009
...hat's despite the investment bank reporting a loss of $1.26 billion in the last quarter after paying back $10 billion government investment under the Treasury's Troubled Asset Relief Program...





