Until now, when making a case for the AIG bailout, the US government has always maintained that had the financial services giant been left to fail, its credit default swap (CDS) obligations would have caused huge losses to its counterparties, resulting in all-out financial collapse.
Category: News and Views
Cable TV Is Doomed – Business | The Atlantic
The death of cable television would probably still be inevitable without the Federal Communications Commission’s national broadband plan, which aims to expand broadband Internet access to 90% of Americans and dramatically increase access speeds. But the measure, if it passes, will accelerate the demise of cable television as the standard method of consuming television. Now that Google is leading the way in developing Internet TV, the rise of this technology will come even faster.
Why You Shouldn’t Buy an iPad (Yet) | Fast Company
Apple’s iPad arrives in stores tomorrow and reviewers agree that it’s a magic revolutionary new class of computer. But you shouldn’t buy one. Not yet, anyway.
Let’s break this down.
First-generation Apple products are for suckers.
Do Something: Let’s Hear It for the Little Guys | Fast Company
We’re obsessed with leadership. Bookstores have entire sections devoted to leadership. Corporations spend thousands upon thousands of dollars on leadership retreats. At some universities, you can even major in leadership. Venture-capital money flows like water into the hands of founders who are labeled “visionary” and “at the vanguard.” And what’s sexier these days than the words “I started my own blah blah blah”?
The World’s Best Infographics: A Sneak Preview of ‘Data Flow 2’ | Slideshows
For infographics and design nerds, there are few books as useful as Data Flow, a compendium of data visualization experiments ranging from the poetic to the absurd to the wonky.
California’s Contracting with Small Business and Disabled Vets Exceeds State Goals
SACRAMENTO, Calif. — California state agencies in two of the last three years exceeded goals for contracting with small businesses and set a record for contracts with firms owned by disabled veterans, the Department of General Services announced today, releasing reports for the 2007/08 and 2008/09 fiscal years .
Continue reading “California’s Contracting with Small Business and Disabled Vets Exceeds State Goals”
New Thiel’s Deals! | Paul Thiel
A new edition of Thiel’s Deals is out detailing “deal flow and human capital opportunities in the California counties of Orange, San Diego, Riverside and San Bernardino.”
It’s always informative. Click here to check it out.
Online Dating-Profile Picture Myths | blog.okcupid.com
In looking closely at the astonishingly wide variety of ways our users have chosen to represent themselves, we discovered much of the collective wisdom about profile pictures was wrong.
The State of the Internet | Fast Company
For example, there are about 740 million Internet users in Asia alone; Facebook serves 6 million page views per minute, requiring 30,000 servers; and there are 148,000 new zombie computers created each day by hackers using botnets:
Vodkas That Are Weirdly Awesome|Asylum.com
What if we told you that a group of savvy vodka-preneurs were concocting vodkas that used ingredients like bacon, hot dogs and scorpions?
Dispatches From The Front 