Maybe this is the reason General Motors went “mental” and pulled its Facebook ad budget.
Category: News and Views
Why Best Buy is Going out of Business…Gradually | Forbes
“How is that any of your business?” I asked him. “All right then,” he said, the fake smile unaffected, “You folks have a nice day.” He slinked back to his pit.
Bianca Bosker: Is Facebook About to Crash Its Own Party?
Having attracted 900 million users to the biggest party in history, Facebook now has to sell them stuff — without being a buzz kill.
Minute by minute, Nasdaq chaos engulfed Facebook IPO | Reuters
That move to a secondary matching engine used the order book as it appeared at 11:11 a.m. – but this meant new orders and changes in orders that came in later did not show up in the opening price.
Times Square Drum Solo
To see his 2011 effort, where he played up a Brooklyn building, click here.
New Business Ideas, Innovations And Opportunities Around The World | CoolBusinessIdeas.com
Mr. Heineken’s idea came after a visit to the Caribbean where he saw two problems: beaches littered with bottles and a lack of affordable building materials.
Dale Earnhardt Jr. has an offer for bill-backing Republican – USATODAY.com
Creech said that in fiscal year 2012, the National Guard has been contacted by more than 24,800 individuals interested in joining because of the racing sponsorship. Of those, Creech said that 20 were qualified candidates and that none joined.
YOUR TAX DOLLARS AT WORK: That means a $26MM sponsorship had a $1.3MM per recruit cost. Way to go! – Ed.
Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al Engaged in ‘Naked Short Selling’ | Matt Taibbi – Rolling Stone
In other words, 107% of all Overstock shares available for trade were short – a physical impossibility, unless someone was somehow creating artificial supply in the stock.
You can read the actual motion here. Pay attention to pages 14 – 18.
You can see an amazingly accessible discussion about the practice of ‘naked short selling’ and why you should be pissed by the CEO of Overstock.com, here.
Market Day – GM to drop all advertising on Facebook – report
According to the report, the auto giant’s marketing executives “determined their paid ads had little impact on consumers.”
…$100 BN valuation….hmm…-Ed.
JPMorgan has $2 billion trading loss, reputation hit | Reuters
JPMorgan Chase & Co said on Thursday that it suffered a $2 billion trading loss from a failed hedging strategy, a disclosure that hit financial stocks and the reputation of the bank and its prominent CEO, Jamie Dimon.
