Every now and again, Disney pulls movies out of the marketplace and places them out of consumer reach in the vaunted “Disney Vault.” On the surface, this makes no sense: Why would a company, which obviously makes money by selling …
Is Goldman Sachs Doomed?
These are the last days of Goldman Sachs.
On Friday, the Wall Street Journal reported that Goldman is preparing to be hit with subpoenas soon from U.S. prosecutors looking into the firm’s mortgage operations. How big was the news? Not very. Dealbook, the New York Times blog about all things Wall Street, didn’t even cover it. And that …
It’s a Deal: 30% Off Everything at Levi’s
Use the coupon code FRIENDS (thanks Buxr) to get 30% off your entire purchase at Levis.com. Discounts are valid for purchases made by May 23.
Insane Clown Controversy: Deep Thoughts on the Movement to Retire Ronald McDonald
Firing a clown isn’t going to end the childhood obesity problem. I actually sorta think that kids are scared of clowns, so the presence of that creepy white-faced clown face may keep them away from McDonald’s. But obviously, based on the recent outcry to get the Golden Arches to stop marketing to kids, there are plenty of people who want …
Why Can’t College Grads Find Better Jobs?
A study out yesterday from Rutgers University found that, not surprisingly, college grads are having a tough time finding a job. And those who do find one are being paid less to do work that isn’t up to snuff with their skill level. Yet, despite the meager payoffs of their college degrees, many graduates think the solution is more …
Test Your Bank Fee Knowledge
There are so many bank fees nowadays that’s impossible to keep tabs on them all. A new quiz that’s fun and exciting—well, not really because the topic is so annoying, but this is interesting anyway—lists 20 bank fees and asks you to identify which ones are real and which ones are made-up.
How Crazy is LinkedIn’s IPO?
It is Wall Street’s job to throw money at new companies, a Wall Street economist explained to me during the dotcom boom of a decade ago, when the valuations of IPOs were being questioned. We can report today that the Street, despite the dotcom bust and the real estate bust and the financial meltdown, has not only retained its
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NY AG Investigation: Why Haven’t Wall Streeters Gone to Jail?
In August 2006, Nichols Smith, an investment banker at now-defunct Bear Stearns e-mailed a colleague, Keith Lind, who was busy selling the firm’s mortgage bond deals to clients. Smith was supposed to be the manager supervising these deals, and the e-mail was to tell Lind what he thought of the latest deal Lind was trying to pitch to …
It’s a Deal: Save $5 or $20 Off Paint, Stains, and Primers at Home Depot
When you purchase paints, primers, and stains now through May 30 at Home Depot, you’ll be eligible for mail-in rebates of $5 or $20. Purchase a one-gallon container of paint or stain made by brands such as Behr, Martha Stewart Living, and Glidden and you’re eligible for a $5 rebate, while a $20 rebate comes with the purchase of a …
Finally, Services to E-mail Friends and Tend Pets When Jesus Welcomes You to Heaven Just Before Armageddon
Rapture: It’s not only an influential ’80s song by Blondie that helped introduce rap to the masses. It’s also believed to be the moment when the born-again faithful are taken up to heaven by Jesus, just before the second coming and Judgment Day (in the religious sense, expected by some to occur on May 21, 2011, not to be confused with …
Help for Home Buyers: Everything You Need to Know About Your Mortgage on One Page
OK, so the page will be double-sided. But still, with the possibility of a new simple and straightforward form that can be reviewed and understood quickly, “consumers will be in a better position to answer two basic questions: Can I afford this mortgage, and can I get a better deal somewhere else?”
Why Japan’s earthquake caused a recession
Japan’s economy always seems to surprise – unfortunately, on the downside – and it has done so once again in the wake of the devastating quake and tsunami that hit the northeast coast on March 11. GDP in the January-March quarter contracted by a staggering annualized rate of 3.7%, sending the economy into yet another recession. …
