"Those banks may have lost some of their political influence as their earnings have recovered, said William Isaac, a former chairman of the Federal Deposit Insurance Corp. “The TARP legislation and the way it was administered was political dynamite for the banks,” said Isaac, now chairman of the global financial services unit of LECG Corp., an economic and financial consulting firm in Emeryville, California. “The public feels that this was all about protecting Wall Street and did nothing for Main Street, and it’s largely true.”"
Monday, December 28, 2009
Monday, December 14, 2009
Congolese band Staff Benda Bilili, a band of paraplegic musicians, ... - 2SPACE.NET - News : Entertainment News
Friday, December 11, 2009
"“Perhaps I do resist financial success,’’ Mr. Gartside told the Cleveland Plain Dealer in 1994. “My grandfather always said, ‘There are no luggage racks on hearses, no pockets in shrouds.’ All we have is this life, and it’s up to us to make the most of it.’’"
Thursday, December 10, 2009
Wednesday, December 09, 2009
King Records: The King of Them All.
From 1943-1971 King Records forever changed American music. Owner Syd Nathan gave the world Bluegrass, R&B, Rock & Roll, Doo Wop, Country, Soul and Funk. With stars from James Brown to the Stanley Brothers, and its innovative, integrated business model, Cincinnati’s King Records revolutionized the music industry.
Monday, December 07, 2009
"Cantor had literally no answer to what ideas the Republicans would offer. His “idea,” after some stammering and stalling, was to “create an environment” for job creation. That’s it."
Check out the video.
Saturday, December 05, 2009
This could be bad news for Lala users. It's unlikely that the innovative deals negotiated by Lala will survive through the acquisition. For over a year, Lala users have been purchasing the rights to stream their music an unlimited number of times for ten cents per song. If the deals with the music labels go up in smoke, Lala may lose the right to stream those songs. In other words, all the money users have been spending on web songs may go down the drain. If the deals are nullified, hopefully Apple will renegotiate them to at least cover existing purchases until it releases its own streaming music service. We've reached out to Lala but have yet to hear back.
Thursday, December 03, 2009
Wednesday, December 02, 2009
Obama "The strategy that I'm pursuing is designed to say let's see if we can change the conditions on the ground in a time certain period. There are risks associated with that, but in the absence of that push, we are in a situation that doesn't change, and there are big costs associated to troop presence, to casualties, to a slowly deteriorating situation over a course of years that are at least comparable and probably worse than us going ahead and making this big push now."