The Super Bowl apparently drew 97.5 million viewers in the U.S. Sunday night. Which, in a nation of 301 million people, is pretty impressive (it’s 32% of the population). But I’ve taken to listening to Dutch radio news on my iPod lately, so I can report that it didn’t hold a candle to crime reporter [...]
The White House released its proposed FY 2009 budget this morning, complete with pledge that the budget will be back in balance by 2012. Which is, um, three years after George Bush leaves office. In the meantime, the Office of Management and Budget is projecting that, after several years of shrinking, the deficit will grow [...]
Been wondering what the best-performing stock in the world was in January? Well, I just got an e-mail from Russell Investments informing me that it was Impac Mortgage Holdings, an Irvine, Calif., based REIT that specializes in buying Alt-A mortgages. IMH was up a stunning 156% in January. What was the secret to that amazing [...]
When the news came out Friday morning that Microsoft was making a $44.6 billion bid for Yahoo, I’ve got to admit that I sorta yawned. There’d been talk of this for months and months and months already, and the whole combination just seemed, as Lev Grossman put it, “weirdly uninteresting.” The actual prospect of Microsoft [...]
