The pillory or public whipping post went out of fashion in England and Europe by the 1830′s but non-public whippings, usually in prisons, occurred until the 1960′s in various jurisdictions including the US. However, the US has not abandoned Verbal Whippings in Congress. Congress has used its Congressional Hearings...
Here is something I did not expect to print here – Republican Senator Corker from Tennessee is offering a Financial Reform idea that has real bite: Corker said on “This Week” that he plans to introduce a “claw-back” provision which would take away the personal earnings for the past five years of the corporate...
What is becoming increasingly apparent and broadcasted ever more widely across all media is that the culture at the top tier US banks, hedge funds, and financial firms is an anything goes, casino gambling culture. $50B fraudster Bernie Madoff was not an isolated aberration but symptomatic of Wall Street’s greedy gambling addiction. Just one...
The above pricing model for Google represents a new Technical Analysis – no not moving averages and Bollingers boundaries based on past patterns of pricing with no reference to products, marketing, or sales trends. Rather what Trefis does is provide a stock price modeling framework based on what markets a stock is in rather...
Whats a waste! Apple’s Steve Job is getting awfully close to libelous scamming of Adobe Flash Player.Adobe has made the critical mistake of not putting enough resources into developing for Linux and Mac. And so Steve throws out HTML5 as a solution – and walks right into 3 big punches. First, HTML5 is far...
Here are two takes on Obama’s Financial Reform – first, the Wall Street Journal looks at what others are saying: Ezra Klein, in his Washington Post blog, would have liked Obama to be a little more (Franklin) Rooseveltian in his denunciations of Wall Street practices. Comparing Obama’s speech to one FDR gave blasting the financial...
Time Magazine and Jon Stewart have taken up a cause that I think is long overdue. Calling out Fox News for its blatant lies and deceptions occurring ever more frequently. Fox News with its motto of “Fair and Balanced” is yet again engaging in self-deception about how the Fox News Network is run. Time...
Tea Party members are riled to the point of rabid protest by one simple fact – Wall Street still trumps Main Street. Wall Street bankers are a) bigger than ever and more likely to fail catastrophically than before; b)are bonusing and compensating themselves bigger than ever before while still being on the dole for...
Given the huge cost to taxpayers for the Financial Bailout, Tea Party Members should have meaningful Financial Reform at the top of their agenda....
Apple’s Steve Jobs appears to have a)granted Adobe’s Lee Brimelow’s wish and scr#wed himself and b)has Amazon, Dell, Google, Microsoft, Nokia, Palm and a bevy of other mobile players wishing for many more happy returns by the Cupertino Czar to such faux pas plays in an unforgivably fast evolving Mobile Lite Device market. Lets...
Both fascinating and frustrating reading. The story of Joseph Needham collecting together the history and legacy of China's technological triumph's is utterly fascinating. But frustrating is the failure of Winchester to shed clear light on why a)China did not already have such a hitorical trove in Beijing and b) why did China miss out on the Industrial Revolution while Japan, even more reclusive, did not.
