- Mark Cuban responds, sorta-kinda, to the insider trading thang on his blog. "I wish I could say more, but I will have to leave it to this, and let the judicial process do its job."
- What passes for a "good day" in the stock market these days is when you hear a reporter say that we're "well off the lows of the day." You know, the stock market drops 250 points, then we rally to be only down 100. That's a good day.
- Citigroup laying off a total of 20% of their workforce. That adds another 53,000 to the total from $C. Which is now trading in the single digits.
- The White House is for helping the auto industry. Instead of using an additional $25 billion from the $700 bailout package, the Bush administration supports using the already allocated $25 billion to help build more efficient vehicles.
- You know, businesses come and go. If the US automakers have made poor decisions and find themselves in a situation where they're getting their lunch eaten by the competition, well then shame on them. Nobody to blame but themselves.
- iPhone app? Shazam! Ever hear a song and wonder what it is or who is singing it? Let the iPhone be your brain and do the memory recall. Run Shazam, let it hear the song, and within a few seconds it will tell you what song it is. How cool is that? And like everything in this socialist country, it's FREE!
