AIG Financial Bailout…. PARTY!!! WTF

So I’m sure every one of you that reads news and searches off beat blogs like this one heard about the AIG bailout.  What didn’t make the news as much for some reason was the huge ass party the AIG Executives had after the bailout.  That’s right, after receiving the bailout, a huge party was thrown at the place below: Less than two weeks after Uncle Sam gave American International Group (AIG) an $85 billion loan - staving off financial... 

Jerry Yang - Yahoo Chief Steps Down

Jerry Yang, CEO of Yahoo, has resigned.  He had resisted takeover bids from Microsoft but later asked for merger talks to continue.  Jerry Yang wrote a memo to the company stating he would hold his position until his successor was named and would actively participate in that process.  Jerry Yang said he would return to his previous role as Chief Yahoo, a corporate strategy role. “i strongly believe that having transformed our platform and better aligned... 

Top 5 Companies Hiring

The economy is in the shitter, there’s no doubt about that.  Depsite this fact there are still companies hiring despite the economy being in bad shape.  These are large multi-national companies so don’t whine if your company is hiring and not on there. 1. T Mobile T-Mobile USA is a national provider of wireless voice, messaging, and data services capable of reaching over 268 million Americans. 2. Dreyer’s Grand Ice Cream Dreyer’s,... 

Natural Gas Price Update

The Natural Gas front month contract declined 3.82% to settle at $7.615.  A favorable storage report helped this decrease.  The EIA reported: Working gas in storage was 2,972 Bcf as of Friday, September 12, 2008, according to EIA estimates. This represents a net increase of 67 Bcf from the previous week. Stocks were 142 Bcf less than last year at this time and 61 Bcf above the 5-year average of 2,911 Bcf. In the East Region, stocks were 86 Bcf above the 5-year... 

Sirius XM Merger Finally Approved

The Sirius XM merger was fffinnnaaallllyy approved by the FCC.  It had only been 16 months since the companies filed for permission to merge (since March 2007). The FCC dragged their feet on this merger and I believe a big reason was Howard Stern.  The FCC hates him plain and simple and doesn’t want him to have any more success or make any more money.  The problem is they can’t regulate him now he’s on satellite radio and this was their... 

How Can I Make Money?

How can I make money? Its America so there is certainly opportunity out there. I have done many things to try to make money and have looked into 10 times more however I haven’t found the one thing that can do it for me. I’m what you call the dumb money. I get into the stock market as it tops out and plummets. I get into the real estate market as it tops out and plummets. I did have the chance to get out after making a couple thousand from both markets however... 

How to Balance Your Checkbook

Balancing a checkbook is very important and step 1 to managing your money.  It does no good to have a checking account if you don’t keep track of your expenses.  It’s rather simple, you have to keep track of what’s going and what’s coming in, making sure you have more coming in than what’s going out. It is tedious and boring and probably not what you want to do when you get home.  It allows you to check your figures with the... 

Apple 3rd Quarter Profit Increases 31%

Only in the stock market can a company do so good and a stock go down on the same day. Apple posted a 31% increase in their third quarter profits that was strongly due to Macintosh and iPod sales.  Apple earned $1.07 billion, or $1.19 per share.  Revenue increased 38% to 7.46 billion. Shares plummeted in after hours trading, dipping 10.8% to $148.25 based on a soft outlook for the fourth quarter.  Apple predicted profit of $1 per share on $7.8 billion in...