Hair of the Dog
- Blame it on the booze! President George W. Bush has an explanation for the housing market meltdown that has thrown the global economy into turmoil: Wall Street got drunk.
- Heather Locklear out of treatment. "Heather has been dealing with anxiety and depression," Locklear's spokesperson, Cece York, said at the time of Locklear's admission. "She requested an in-depth evaluation of her medication and entered into a medical facility for proper diagnosis and treatment."
A Tale of Two Future Guidances
- On one hand, Apple lowered their future guidance even with the new 3G iPhone.
- On the otherhand, what did ATT say? The telecommunications powerhouse, which is the exclusive U.S. carrier of Apple's popular smartphone, reported that iPhone 3G sales nearly doubled within the first 12 days after its July 11 launch, compared with the initial launch of the iPhone in 2007. ... The company also noted that it expects to generate ongoing strong growth in its wireless-data services, as customers snap up devices such as Apple's smartphone.
- So, uh, hmm.
Major Signings
- President Bush to sign housing bill. The added measures would give beleaguered Fannie Mae and Freddie Mac access to an expanded credit line from the U.S. Treasury. In addition, it authorizes the Treasury to purchase equity in the two companies if necessary.
- Jason Taylor gets new number with Redskins, #55. Dallas Cowboys sign Jason Taylor killer, Kristi Yamaguchi, who wears the #1 jersey.