The Facebook IPO keeps growing, a new source of irony in JPMorgan’s losses and an old player heads goes in for a fresh helping of mortgage bonds. That and more in today’s Wall Street roundup.
Who needs revenue? The world’s largest social network may yet challenge the record for the world’s largest IPO, as Zuck Read More
Jeffrey Gundlach hosted a web presentation this afternoon, sparing no amount of bad wordplay to skewer credit card slogans and borrowers alike. There was a point to the talk—perhaps simply to contradict Dick Cheney’s 2002 assertion that “Reagan proved that deficits don’t matter”—but we were caught up in Gundlach’s masterful roiling of the sloganeers that Read More
Fordham University published their Fourth Quarter 2011 V-Positive Report, which measures the Consumer Value Index. The methodology is based off of a few psychological theories that reflect the “understanding of the motivation to consume.” In short: a thousand people are surveyed at the end of the year and answer several attributes for each of the seven domains. Read More
Like Crazy is an endearing film about intelligent young people (what a relief) and the resilience it takes for their love to overcome geography. Anna (enchanting Felicity Jones) is a British college student with the most beguiling eyes since Jean Simmons’s, earning credits for a series of writing courses in California. Jacob (Anton Yelchin) studies furniture design and lives with his widowed mom. They’re both only children who find in each other the humor, caring, togetherness and sense of belonging they never had before. Refreshingly languid in giving the two students time to think and grow and get to know each other, the film moves into their hearts and so will you. Read More
Hackers from the infamous “Anonymous” group connected to the 4chan message board are attacking major institutions in retaliation for their treatment of Wikileaks.
Operation Payback has taken down the websites of MasterCard, Visa, PayPal and Joe Lieberman.
These are Distributed Denial of Service, or DDoS attacks. These cripple sites by overloading them with traffic, Read More
It’s been a rough morning for Wikileaks. Notorious front man Julian Assange turned himself in to the British police to face charges of rape in Sweden.
At the same time Mastercard and Visa declared they are suspending payments to Wikileaks, effectively blocking their customers from donating to the organization. Online giant Paypal has Read More
