Category Archives: Business

These German commercials for Sprite are nothing like we see here in the US, wow… racy!

The internet is abuzz about how Goldman Sachs reported such positive earnings for the first quarter. That it was largely a result of AIG one time payments they received (source), and employed every accounting trick in the book to avoid … Continue reading →

Zecco put millions of dollars in their clients’ accounts as an April fools joke… only problem? People entered trades with the funny money, which zecco executed! Customers will be responsible for the losses but will not realize any of the … Continue reading →

Jon Stewart had Jim Cramer on his show and really nailed with hard hitting questions. This is part 2/3, part 1 was a quick intro… The Daily Show With Jon StewartM – Th 11p / 10c Jim Cramer Pt. 2 … Continue reading →

“If I’d only followed CNBC’s advice, I’d have a million dollars today — provided I started with a hundred million dollars.” – Jon Stewart CNBC Gives Financial Advice

Interesting editorial in Bloomberg about how Wall Street has evolved hiring more and more elitist MBA’s who put too much trust in their financial models. This wouldn’t have happened if the street operated with a little more humility. Check it … Continue reading →

This is a vivid sign of our economic downturn.

To put it in perspective, the bailout costs more than all of these COMBINED: The Marshall Plan, Louisiana Purchase, moonshot, S&L bailout, Korean War, New Deal, Iraq war, Vietnam war, and NASA’s lifetime budget. Here’s the story I honestly don’t … Continue reading →

Andrew Lahde, hedgefund manager of Lahde Capital, is calling it quits after achieving returns of 866% last year. His goodbye letter is really well done: Today I write not to gloat. Given the pain that nearly everyone is experiencing, that … Continue reading →