The GM, Chrysler, Ford Bailout – Like Giving Change to a Dope Fiend

John Henion lives in Oakland, California. He used to work as a TV producer/editor before he was laid off by his employer, and now…

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Posted by John Henion in Other | December 24, 2008 1:02PM | 1 Comment »

The Top Five Crassest Parties Since The Financial Crisis Began

The Christmas party season, the time when executives lavish canapes, booze, and anonymous dark corners on their underlings to help them forget about the vast amounts…

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Posted by Ben Beaumont-Thomas in Hot Money | December 23, 2008 11:38AM | 2 Comments »

Safe Hands Of Justin King, Sainsbury’s CEO, Stroked And Admired By Boris Johnson

After a couple of thoroughly crappy months for the 2012 Olympics, what with downsizing everyone’s expectations, Tessa Jowell admitting that we wouldn’t…

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Posted by Ben Beaumont-Thomas in Hot Money | December 22, 2008 3:16PM | No Comments »

Breakfast with Sir Richard Branson

Anywhere in the Caribbean is beautiful in December. But there’s something special about Jamaica as Christmas approaches. The air from the mountains sweeps down…

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Posted by John Rapley in Tomorrow People | December 19, 2008 5:21PM | 2 Comments »

Channel 4 Weighs Up Merger with Either Five or BBC Worldwide, Tries to Avoid Endless “Friends” Repeats

The Financial Times reports today that the BBC Worldwide’s long-mooted merger with Channel 4 has coalesced a bit more, with a rescue plan…

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Posted by Ben Beaumont-Thomas in Creative Economy | December 18, 2008 2:07PM | 2 Comments »

Diary 25: Israel

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Posted by James Nash in Other | December 17, 2008 5:09PM | No Comments »

Madoff-Branded “Emergency Kit” for Sale on eBay, in Moment of Glorious Comic Timing

Stuck for last-minute Christmas present ideas? Life savings destroyed by colossal swindler Bernard Madoff? Don’t worry – eBay’s got the answer!

First up, …

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Posted by Ben Beaumont-Thomas in Hot Money | December 17, 2008 1:56PM | 4 Comments »

Columnists, Wronged Investors, Anti-Semites All Off Leash After Madoff Fraud

The Bernard Madoff fraud looks like it’s leaving the initial “shock” phase, and moving towards the “rage”, “guilt” and “gloating anti-semitism” zones.

First, the rage.…

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Posted by Ben Beaumont-Thomas in Hot Money | December 17, 2008 1:26PM | 5 Comments »

Phorm Roll Out The PR Machine Again, But Public Not Ready For Total Surveillance

Shares in Phorm, the internet tech company that teeters on the brink of legality, have risen after they announced yesterday that BT was moving…

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Posted by Ben Beaumont-Thomas in Sci-tech | December 16, 2008 4:23PM | 4 Comments »

Party’s Over For Hedge Funds As Madoff Fraud Continues Apace

The Bernard Madoff Ponzi scheme went on claiming scalps throughout yesterday, some troubling, some massively incensing, some instilling a guilty schaudenfraude.

Worst of all of…

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Posted by Ben Beaumont-Thomas in Hot Money | December 16, 2008 12:57PM | 1 Comment »

Tom Coburn And Taxpayer’s Alliance Point Out Terrible Wastes Of Public Money, Like Public Health, Museums

Oklahoma senator Tom Coburn diligently posts a blog of instances where taxpayer money has been wasted, and just like a nerdy music lover,

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Posted by Ben Beaumont-Thomas in Hot Money | December 15, 2008 7:26PM | No Comments »

Bernard Madoff’s Fraud Fallout Continues, Burns Man Group And Many, Many Others

The financial world’s panto villain for this season has emerged in the form of Bernard Madoff, the investment adviser whose investment unit Madoff Investment Securities…

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Posted by Ben Beaumont-Thomas in Hot Money | December 15, 2008 2:05PM | 1 Comment »