In 2009, Houston hip hop star Slim Thug rapped, “Hard times got the whole United States stressin’/ I’m writin’ a book, how to survive in a recession.” That was not a thing that he meant literally…at the time. But people asked about the book, and then they kept asking, and besides, there was a certain cachet to be gained. So someone in the rapper’s management team reached out to Di Angelo Publications and a few months and minimal edits later—”He’s a dirty south rapper,” Di Angelo’s Rebecca Walton told The Observer.”He wanted to keep it in his vernacular but make sure it was translatable to the layman”—Mr. Thug was a book author. The book is available on Amazon. Some brief excerpts below: Read More
“What a bizarre concept,” as one of BankSimple‘s potential customers put it, “People on a waiting list for a bank.”
That quote came from a lengthy profile in The Carnegie Mellon Today of BankSimple cofounders Josh Reich and Shamir Karkal, currently revving up for a beta release of the highly-anticipated Web-based bank.
Rupert Murdoch was in Washington last night to speak at a Media Institute awards banquet (he talked about Waiting for ‘Superman’ and his affinity for Michelle Rhee) and he explained his recent political donations to Keach Hagey. Twice in this election cycle, Mr. Murdoch’s News Corporation has donated $1 million to partisan Read More
Twice in this election cycle, Rupert Murdoch’s News Corporation donated $1 million to a GOP-aligned advocacy group. Politico reported last night that over the summer Mr. Murdoch donated $1 million to the U.S. Chamber of Commerce, which is leading an advertising push for Republican candidates in the midterm elections.
Earlier this summer, Mr. Murdoch’s Read More
In response to the recently passed financial reform legislation, the Federal Reserve has begun work on imposing fee limits on debit-card transactions charged by big banks. Banks are unhappy about this, because every time a clerk swipes a card, a few coins jingle into their pockets. Now, billions of dollars in revenue are at stake. Read More
Wall Street observers who’ve been worried that consumers’ inability to pay their credit cards will exacerbate the financial-services industry’s troubles can breathe a tiny sigh of relief. A study by credit reporting firm TransUnion shows that credit-card users are working hard to pay down their mountainous debt, and in the second quarter the average credit-card balance Read More
“Students walk on the University of California at Berkeley campus — perhaps unaware of the pitfalls that await them if they choose the wrong major.”
—Photo caption from a New York Daily News article revealing art and social work to be unprofitable pursuits.
Brooklyn writer Jonathan Ames got a write-up in the Post‘s real estate section today: he lives in a 850-square-foot Boerum Hill one-bedroom for which he pays $1400 a month. His bed, the Post notes, cost $3000.
His HBO series Bored to Death seems to have gone a long way toward furnishing the place. Read More
As all who have schlepped a bag of rejects to Beacon’s Closet know, attempting to sell one’s old stuff can be a disappointing excercise.