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Monday 24 January 2011
Online Money Making Opportunities
Perfect Market Inc, a start-up that seeks to help news organizations make more money through online advertising, has won $9 million in new funding in a round led by Comcast Interactive Capital, the cable giant's venture arm.
This is the fourth capital infusion for the Pasadena company since it was seeded with $1 million by Pasadena start-up incubator Idealab in May 2007. Perfect Market has now raised $28.1 million from a variety of sources, including venture companies Trinity Ventures and Rustic Canyon Partners. In 2010, the Los Angeles Times' parent company, Tribune Co., led a $6-million investment round.
“The substantial support we’ve received from investors to date affirms Perfect Market’s mission," said Perfect Market Chief Executive Julie Schoenfeld in a statement. The company, she said, was looking to "satisfy a gap in finding new monetization opportunities for leading Web properties in the ever-expanding online advertising marketplace.”
Counting among its clients 30 national news sites -- including latimes.com -- Perfect Market evaluates the often voluminous archives of large news organizations to determine which pieces of its older content might be most profitably brought to the surface -- and paired with ads. The company works with Hearst Corp., the Orange County Register and an NBC-owned site, among others.
So Christmas has been and gone. Are you now facing the New Year and wondering how you can keep up the Christmas spirit and goodwill for the coming year? Well, it certainly helps when you know how to do so for free from your own home.
There are so many simple ways to volunteer or donate to charity by giving up a small amount of your time or re-purposing some money you would normally have spent. So here’s a list of five of the best quick and easy ways to volunteer or donate to charity. Bookmark the list of charities and use it to do the rounds weekly!
Skip1.org
This is a great concept — it’s a site which makes you think about how much money you waste on frivolous things. You nominate something which you will give up, say a lunch or newspapers for a month. Then you donate that same amount of money to feeding a hungry child.
Yes, you’re handing over money to charity, but it’s money you would have spent anyway. It’s also easy to share news of your donation with your friends via social networks, and hopefully convince a few of them to skip something for charity too.
Free Rice
Free Rice has been around a while, but it’s so good it’s worth making sure it’s on this list. Play a simple, addictive trivia quiz and Free Rice will donate rice for each of your correct answers. This is a free and simple way to give whenever you have a free moment. Read more on FreeRice here.
Causes
There are a number of things you can do using Causes, including raising awareness for your chosen charity and helping to raise funds for them. By far the easiest way to donate money with Causes is to set up a birthday or holiday fund. This way, instead of receiving presents from friends and family, you simply ask them to donate the money on your behalf. It takes about two minutes to set up, since you can log in with Facebook Connect – just choose the charity and you’re set!
Charity Gifts
Here’s another easy way to spend your money on charity instead of something you were already going to pay for. Instead of giving gifts to your friends, give them the knowledge that you have donated to charity on their behalf. The Donation4Charity website searches all the big charity gifting sites (such as UNICEF, WWF and Oxfam) and lets you search the gifts according to how much money you have available to spend. Buy a goat for charity for about the same price as a modest gift!
Sparked
Spend 5-10 minutes donating your expertise to charity: Give website feedback, brainstorm fundraising ideas or help design an awareness campaign. This is what they need help with – if you can spend a few minutes working on it then you’ve made a difference to a real charity with just a moment of your time. Read more on Sparked here & get going!
And many, many more!
There are so many great ways to donate your time to charity — the sites listed above are just a few. Here’s some more great articles which introduce many more you might like to try.
- Introducing Jumo – The Social Network for Social Good
- How To Easily Coordinate Volunteers Using Volunteer Spot
- 5 Crowd Funding Websites To Support Your Favourite Charities, Bands & Projects
- Find Volunteering Opportunities Near You with VolunteerMatch
- 10 Search Engines To Help The Environment
- 5 Cool Edutainment Games You Can Play and Also Donate To Charitable Causes
- 5 Websites To Lend A Hand & Make A Difference To The World
What are your favourite sites for donating your time to charity? Do you appreciate charity gifts given on your behalf? Let us know in the comments!
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Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
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Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
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Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
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Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
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Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
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Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
bench craft company reviews bench craft company reviews
Jack LaLanne dead at 96 – This Just In - CNN.com Blogs
American fitness guru Jack LaLanne died Sunday afternoon at his home in Morro Bay, California, according to his long-time agent, Rick Hersh. He was 96. The cause, said Hersh, was respiratory failure due to pneumonia.
Tucson Hero to Sit With Michelle Obama at State of the Union on <b>...</b>
Polson Kanneth reports: Daniel Hernandez Jr., one of the heroes of the mass shooting in Tucson, Ariz., two weeks ago, tells ABC News that he will be sitting, along with his father, Daniel Hernandez Sr., with Michelle Obama at the.
Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos and <b>...</b>
epic fail photos - Probably Bad News: Headline FAIL.
Tuesday 18 January 2011
personal finance programs
A Pennsylvania startup Viridity Energy drew a series B investment of $14 million from Braemar Energy Ventures and Intel Capital, the company reported today.
Founded in 2008, Viridity Energy offers “distributed demand management software, systems and services,” that can turn very energy-consuming businesses into producers and sellers of power back to the grid. Viridity’s technology can also help companies get paid to control and reduce their energy consumption.
The company’s customers to-date have been retailers, hospitals, universities and various military and government agencies. In Philadelphia, Viridity set up systems for the transit authority (SEPTA) that capture energy released by braking, electric subway trains, and store it in rail-side battery arrays, routing the power back through the third rail to reuse it for trains’ acceleration.
Yep, electricity can be recycled.
SEPTA reported that the project cut expenditures directly. It also allowed SEPTA to get credits and incentives from the regional power authority for decreasing energy use during peak hours, and in general. The company plans to bring similar systems to other cities and transit systems in the U.S. this year.
Viridity Energy’s chief executive and president Audrey Zibelman said on Tuesday:
“We’re moving from an [energy] industry dominated by large-scale generation where customers are passive to one where customers are active in what they consume, and what they produce. First, there were personal computers. Now we’re going to personal energy.”
Her company plans to work as a “technology agnostic, market enabler,” she said. Its focus near term is to develop more, “micro-grids” in the northeastern U.S., California and Texas — all regions with aggressive goals to switch from hydrocarbon to renewable energy sources, or to curb greenhouse gas emissions.
Its new-found capital will go towards hiring technical and sales talent to get new projects going, Zibelman said. Her company will also continue to build partnerships with other smart-grid and distributed energy players, such as the manufacturers of control systems, or banks and energy programs that finance solar, storage and power generation assets.
On Monday, I linked to this op-ed from Tom Esvlin, Vermont's "stimulus czar," lamenting the way the money got spent. "Although I'd like to think Vermont did better than many states, much of the money ended up continuing bloated programs rather than providing a transition to a sustainable future," he wrote. That same day, Brookings' Gary Burtless e-mailed in a rebuttal that's worth quoting at length, as it's a very clear description of where the stimulus funds actually went, and why such a small percentage was directly devoted to building things. So here it is, with some edits for space:
The main problem with that silly op-ed is that it refers to only a small slice of the actual federal spending on stimulus authorized by the Feb. 2009 legislation. So far, the overwhelming share of that stimulus has been devoted to three items: Tax cuts for households; direct benefits to people adversely affected by the severe recession, mostly the unemployed or poor; and fiscal relief to state and local governments. Vermont did not need any "Czar" to receive or administer funds under these programs. The money for them quickly left the U.S. Treasury without any effort on the part of the Czar who penned this highly misleading op-ed piece. People in Vermont *directly* received benefits from the stimulus as: (1) lower federal tax withholding from their paychecks; (2) extended unemployment benefits; (3) premium subsidies so they could maintain their health insurance after they were laid off from a job in which they received health protection; (4) miscellaneous benefits (e.g., for college costs) under one provision or another; and (5) aid from the Treasury that permitted Vermont and its localities to finance their Medicaid and K-12 education programs without hiking taxes or lowering other public spending. The kinds of infrastructure spending for which the WSJ's "Czar" had some responsibility constituted a small percentage of the stimulus the Congress authorized for 2009 and 2010.
In FY 2009 and 2010, the EXPECTED spending on infrastructure and other items for which the Vermont “Czar” may have had partial responsibility accounted for just 11% of anticipated spending under the stimulus legislation. The other 89% had nothing to do with the programs criticized by Vermont’s supposed Czar. Thus, all of his complaints – even if justified – are essentially irrelevant to the programs mainly supported by the stimulus law … at least so far. Obviously, in the years 2011-2019, that kind of stimulus spending would have accounted for a vastly larger share of outlays. But (and perhaps Vermont’s Czar has not kept up with this because he does not read a daily paper) the Congress just passed and the President just signed ANOTHER stimulus program consisting of more than 90% personal and business tax cuts and less than 10% extensions in unemployment benefits. So far as I know, very little additional spending has been authorized for those hated infrastructure / technology investment projects. Below is the CBO’s year-by-year analysis of the spending authorized under the Feb. 2009 stimulus law:
My own private view is that the country would probably have been better off if *MORE* of the original stimulus had been devoted to infrastructure / technology investment (more of it would have been spent on goods and services produced in the U.S. rather than China, East Asia, and Europe). Setting aside that consideration for a minute, what infuriates me about the piece cited in your blog is that it reinforces the very widespread but totally erroneous impression that Congress and the Administration were unaware of the administrative hurdles to fast spending that the “Czar” points out in his op-ed. Those hurdles were understood from the very beginning, which is precisely the reason that infrastructure/technology investment projects constituted such a small percentage of the total package. It is perfectly legitimate to criticize the pace of spending on these projects, but it is utterly deranged to think that the slow rate of spending on the projects constitutes a serious indictment of the spending authorized under the Feb. 2009 stimulus program. Very little of the expected spending under the stimulus program (at least so far) was supposed to be devoted to those projects.
Source:http://removeripoffreports.net/
Soap <b>News</b>: 'AMC's' Debbi Morgan Has Lyme Disease and More
A few weeks ago we reported that 'All My Children's' award-winning actress Debbi Morgan would be taking some time off from the soap. This week.
Shelf Life: Broadcast <b>News</b> - The Moviefone Blog
Although almost no one saw it, James L. Brooks released a film in December. Its name was 'How Do You Know,' and it disappeared after just a week or two.
Major earthquake strikes southwestern Pakistan – This Just In <b>...</b>
[Updated at 4:47 p.m. ET] An earthquake with a preliminary magnitude of 7.2 struck Wednesday morning in a remote area of southwestern Pakistan, the U.S. Geological Survey reported. The earthquake occurred at 1:23 a.m. (3:23 p.m. ...
Friday 14 January 2011
Free rental agreement forms doctor online
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Bad <b>News</b>, About Virgin Mi-Fi and Verizon Upgrades - NYTimes.com
Two announcements this week. Two big bummers. Two good things gone.
The Write Stuff For Test Anxiety - Science <b>News</b>
Students score higher after jotting down worries before a big exam.
<b>News</b> Corp's The Daily iPad Newspaper Delayed By “Weeks, Not Months”
While we may all have our own opinions on whether News Corp's iPad-bound newspaper, The Daily, is a boondoggle or simply before its time, I think we were all at least looking forward to seeing what it was like. People were curious about ...
Thursday 13 January 2011
foreclosure list
A press release from LPS' Mortgage Monitor Report shows Foreclosure Inventory Rising for 5th Straight Month
The November Mortgage Monitor report released by Lender Processing Services, Inc. (LPS) shows that the volume of loans moving to REO continued to drop as moratoria further delayed foreclosure sales. While the 90+ delinquency category has steadily declined, the number of loans moving to seriously delinquent status beyond 90 days far outpaced the number of foreclosure starts. Nearly 2.2 million loans are 90 days or more delinquent but not yet in foreclosure.Charts From The Report
Foreclosure inventories also continued to rise for the fifth straight month as delinquent accounts are referred for foreclosure, but the sale of foreclosure properties continued to decline. When compared to January 2008 levels, the foreclosure inventory of Jumbo Prime loans is nearly seven times higher; the inventory of Agency Prime loans is nearly six times higher; and the foreclosure inventory of Option ARM loans is approaching five times the inventory in January 2008.
The report also shows that one-third of loans that are 90 days or more delinquent have not made a payment in a year; however, the number of new problem loans declined nearly 5.4 percent from October, which is opposite of the seasonality trend that typically impacts new delinquencies this time of year. Self-cures for loans one to two months delinquent increased in November to a six-month high.
In the month of November, 261,153 loans were referred to foreclosure, which represents a 0.7% month-over-month decline. The total number of delinquent loans is nearly 2.1 times historical averages - and foreclosure inventory is currently at 7.7 times historical averages.
As reported in LPS' First Look release, other key results from LPS' latest Mortgage Monitor report include:
- Total U.S. loan delinquency rate: 9.02 percent
- Total U.S. foreclosure inventory rate: 4.08 percent
- Total U.S. non-current* loan rate: 13.10 percent
- States with most non-current* loans: Florida, Nevada, Mississippi, Georgia, New Jersey
- States with fewest non-current* loans: North Dakota, South Dakota, Alaska, Wyoming, Montana
The report is 34 pages long. Inquiring minds may wish to give it a closer look. Here are a few select charts.
click on any chart for sharper image
Delinquent and Foreclosure Rates by Month
Total Delinquency Percent Excluding Foreclosures
Total Foreclosure Percent By Product
Foreclosure Increase Compared to January 2008
Loan Cures
Serious Delinquencies
Foreclosure Starts vs. Serious Delinquencies
While there are some welcome trends in direction, actual foreclosures are lagging. The pent-up need to foreclose is huge.
Moreover, mortgage rates have rising nearly a full percentage point in the last 45 days. This will put a damper on already depressed home sales, making it harder to unload inventory.
Look for months of inventory to soar in the upcoming months with continued declines in home prices. Contrary to what most think, falling prices are a good thing. Home prices need to fall to a point low enough where genuine demand kicks in.
Foreclosure moratoriums are counterproductive and exacerbate existing problems.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List
With a $4.7 trillion bailout under their belts and no harm done to their billion-dollar bonuses, don't expect Wall Street bankers to be chastened by the 2008 financial crisis. Below we list eight things to watch out for in 2011 that threaten to rock the financial system and undermine any recovery.
1) The Demise of Bank of America WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the troubled Bank of America (BofA). BofA is already under the gun, defending itself from multiple lawsuits demanding that the bank buy back billions worth of toxic mortgages it peddled to investors. The firm is also at the heart of the robo-signing scandal, having wrongfully kicked many American families to the curb. If Assange has emails showing that Countrywide or BofA knew they were recklessly abandoning underwriting standards and/or peddling toxic dreck to investors, the damage to the firm could be irreparable.
2) Robo-signers Wreaking Havoc With lawsuits abounding, new types of fraud in the foreclosure process are being uncovered daily, including accounting fraud, fake attorneys, destroyed promissory notes and false notarization. The crisis not only calls into question the legality of untold foreclosures, it also calls into question the value of trillions of dollars worth of mortgage-backed securities held by banks, pension funds, federal, state and local governments. The only government report on the topic by the feisty Congressional Oversight Panel for the TARP acknowledges that "it is possible that 'robo-signing' may have concealed deeper problems in the mortgage market that could potentially threaten financial stability."
3) MERS Madness
In addition to outright fraud, numerous state Supreme Courts have questioned the legal standing of the Mortgage Electronic Registration or "MERS" system. MERS is listed as the mortgagee for 60% of U.S. mortgages. It is an electronic clearinghouse created by industry to bypass the property registration system developed in precolonial days to ensure that the King could not easily rob the subjects of their land. Wall Street turned to MERS to speed securitizations (and now foreclosures), but its legal standing is now in doubt and its shoddy processing of documents has major ramifications for the securitization process as well. Look for a rotten "MERS fix" in the new Congress. Let's hope it gives consumer advocates some leverage to demand justice for Americans being robbed by the new Kings on Wall Street.
4) Flash Crash Calamity The "flash crash" of May 2010 rattled the markets and caused a stunning 700 point drop in the Dow within minutes. Regulators think they know what occurred, but they are moving too slowly to put the brakes on hair-trigger trading. Seventy percent of Wall Street trades take place in milliseconds, so it is no surprise that mini-flash crashes are becoming a constant. With traders now gearing up to trade on raw news feeds and Twitter, we can anticipate even more volatility. A small financial transaction tax targeting high-volume, high-speed trades is long overdue. It would throw sand in the roulette wheel and raise much needed revenue for the federal government.
5) Bigger Behemoth Banks The Federal Reserve is planning to "stress test" the big banks again. The same 19 banks that underwent the first stress tests in 2009 will be tested again, but this time the Fed says it won't release the results. Why not? Banks with toxic mortgages and mortgage-backed securities on their books and concomitant legal exposure to "put back" law suits are being kept afloat by accounting tricks, TARP and Fed loans. Honest stress tests of still weak financial institutions may well result in sales and buyouts that will further consolidate the already concentrated banking industry and create larger and more unwieldy "too big to fail" behemoths -- backed by the guarantee of the American taxpayer.
6) Foreclosure Tsunami Housing foreclosures may top nine million in 2011 and [[Goldman Sachs]] predicts the number will reach 12 million in the next few years. The result will be another significant drop in home prices in 2011 and even more families underwater. Civilized nations see the forcible migration of a city the size of New York as an economic and humanitarian catastrophe, but not the United States. The Obama administration and Congress have callously refused to take meaningful action to aid families facing foreclosure even in the face of widespread predatory lending and rampant foreclosure fraud. The only hope now for millions of American families is aggressive action by the 50 state Attorneys General who are actively investigating foreclosure fraud. Whether they have the guts to wrestle a settlement out of the big banks that slows the foreclosure machine and offers families meaningful options has yet to be seen.
7) Bankrupt Cities and States Meredith Whitney, a research analyst who correctly predicted the credit crunch, is now warning that over 100 American cities could go bust next year. She anticipates billions worth of municipal bond defaults and warns: "next to housing this is the single most important issue in the U.S. and certainly the biggest threat to the U.S. economy." States are also in dire straits. The economic shock of mass unemployment on top of years of population decline, deindustrialization and the like have left cities unable to meet their obligations to taxpayers and retirees. With the austerity nuts in charge of the House, it may take a bankruptcy of a major player to prod an appropriate federal response to this looming disaster.
8) Gas Prices above $4.00 The price of energy and other commodities shifted into high gear in late August when the Federal Reserve Chairman decided to stimulate the economy with quantitative easing. Speculators quickly began bidding up the value of asset classes like crude oil, metals and food commodities. In December, the Commodities Futures Trading Commission failed to apply position limits to these commodities, delaying rules that would crack down on speculators and aid consumers who are already seeing big price hikes at the pump. Without swift action, skyrocketing gas prices will further tank an already stalled economy.
As we hope for the best in 2011, let's prepare for the worst. The big banks are sure to deliver.
*****
Track the issues and take action at BanksterUSA.org.
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
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The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
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Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
bench craft company reviews bench craft company reviews
Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
bench craft company reviews bench craft company reviews
Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
bench craft company reviews bench craft company reviews
Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
bench craft company reviews bench craft company reviews
Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
bench craft company reviews bench craft company reviews
Harvard Undergrads Launch Newsle To Find <b>News</b> About Your Friends <b>...</b>
Social news has many flavors. Twitter and Facebook function as social news feeds with your friends pushing out stories they find interesting. But what about news about your friends or other people you care about?
<b>News</b> Story Details
... McMurry, Schreiner, Sul Ross , Texas Lutheran, and HSU. The winner of the East Division is LeTourneau University of Longview, Texas. For more information, go to: http://www.ascsports.org/news/2010/12/16/GEN_1216105636.aspx ...
Some Good <b>News</b>! | PerezHilton.com
The economy seems to be finally be rebounding, with stocks climbing to a two year high yesterday!
Monday 10 January 2011
Making Internet Money
Last night just before 12 a.m., Twitter began exploding with the news: Facebook had raised $500 million — from Goldman Sachs. Bolstered by a $50-million stake from Russia’s Digital Sky Technologies, a previous FB investor, the Wall Street behemoth had slapped down $450 million to snag the Internet behemoth — now valued at a cool $50 billion. As if on cue, the internet noted that yes, that was cooler than a million dollars.
Notes the NYT’s Dealbook, which broke the scoop: this makes Facebook “worth more than companies like eBay, Yahoo and Time Warner.” It also doubles Mark Zuckerberg’s multi-billion-dollar worth. It also makes Goldman Sachs the gatekeeper to who now gets to invest in the super-hot Facebook, and to the inevitable Facebook IPO. According to Dealbook’s Andrew Ross Sorkin and Evelyn Rusli, Goldman is “planning to create a ’special purpose vehicle’ to allow its high-net worth clients to invest in Facebook, which would allow for max investment while circumventing disclosure rules for companies with 500 or more investors. Clever, that.
So: This is a big deal. Everyone’s already saying that this is putting Google even more on the ropes (seeing as now Facebook is the most visited website in the land) and that Goldman couldn’t be sitting prettier. Here are a few other things it means:
(1) Facebook hiring spree! To paraphrase Antoine Dodson, hide your startups, hide your engineers — Facebook’s a-comin’. Snapping up Hot Potato and Drop.io? Poaching Foursquare’s Nathan Folkman? That’s nothing compared to what Facebook’s got coming. Rumor has it they’re about to close on purchasing the Sun Microsystems campus in Menlo Park from Oracle. That’s probably not just for the scenery. They want to stock up, preferably with talent – and, importantly, companies – that will help it integrate across every platform possible. (I’m guessing one of the new buzzy photo apps will be snapped up.) If you think people are complaining about a developer shortage now, just wait.
(2) China! Mark Zuckerberg recently returned from a trip to China. Innocent pleasure jaunt for the Mandarin-speaking Facebook founder or connection-making relationship-building fact-finding mission to the land of 450 million potential users? China is certainly not an easy place to do business — they just kicked out Skype — but in a globalized, connected world, it’s certainly tough to ignore. Approximately 33% of its massive population is online and as we all know from the rest of the world, that is growing. It’s an insane market to ignore and smart, Mandarin-speaking audacious visionary CEOs probably aren’t going to shy away from trying. Facebook China. It’s gonna happen.
(3) Goldman’s PR Whitewash The Vampire Squid just attached itself to the buzziest, growing-est, Oscar-nominated-est, Person Of The Year-iest tech company around. Who will remember their year of scandal and record bonuses and how everyone hated Goldman Sachs (sample Gawker headline: “Who do you hate more, BP or Goldman Sachs?“). Goldman’s not there for you to like them, people, they’re there to make money — lots of it. But they did have a bruising year and being attached to the shining future-makers at Facebook (never mind the gatekeeper to the Facebook IPO) will certainly help. This lets them offer something shiny to their clients, and bask in that reflected glow. (And guaranteed cashola.) That doesn’t fool the people who know — I like Howard Lindzon’s take:
For Goldman Sachs, this is a no lose situation. If it works, they get the IPO and make some money. That is their job. They got off so easy with the government that this is like Vegas money they probably thought would be the taxpayer’s at some point a year back…The only thing I DO know is that Goldman could give a rat’s ass about the social web and sharing. If they are the top in social web, it’s small potatoes. The war in bonds, currencies and commodities is where the real money is at. This is play money. I hate that Facebook is letting them in.
This is not a coup for Goldman Sachs, this is a shame for the social web.
Okay I lied. I love Howard Lindzon’s take. So, maybe Goldman’s got an uphill PR sell. But — they’ve also got Facebook. Watch the narrative change.
(4) Bigger Players, Bigger Bets When Lindzon points out that this is small potatoes for Goldman, he’s not kidding. But now the bigger fish are sniffing around and what started as mutterings about a bubble somewhere in the late fall now seems to be turning into a gold rush. (Doesn’t Google and their adorable $6 billion offer for Groupon seem so quaint right now? Never mind Twitter’s recent $3.7 billion valuation.) These are billion-dollar figures, and they are actually now starting to sound…eensy. As Ray Kurzweil points out, when technology advances it does so exponentially — so it makes sense that the explosion of tech startups would chicken-egg in conjunction with an explosion of investor dollars — not just the usual (and educated!) suspects, but people on the sidelines reading about Facebook in their Time magazines and deciding that maybe the Internet’s not a fad, after all. (Yes. These people do exist, and many of them have a LOT of money.) High valuations, big deals, young companies getting scooped up — it’s gonna be a dizzying year.
(5) Sympathy For The Google. It’s official: Facebook has gone from underdog challenger of the mighty Google to the top social-tech dog. So watch for everyone to start rooting for Google again. After a wave of backlash (see here and here), the pendulum will swing back around to rooting for the loveable search giant with the cuddly name. Google can take your pity – its market valuation is almost four times Facebook’s at $190 billion, and its current year revenue is about $22 billion to Facebook’s $2 billion. Back to Lindzon: “I think that Google has to buy Twitter and that will start to be a meme soon. It’s a chess game and nuclear war now in the social space.” That sound you hear is the sound of the tech press collectively wetting itself. Ew. But still — everyone likes to root for an exciting matchup. Expect to see some bold moves from Google, soon — if they’re smart. Big “if” (RIP Google Buzz). But isn’t that how underdogs like it?
(6) New Facebook Ad Models. All that said…Facebook has made a big point about how it hasn’t really focused on the silliness of “making money” yet, despite that $2 billion annual rev and nearly 1 trillion display ads per year. I believe them — can they really not do better than targeted ads for Jewish singles in your area? You bet they can: They also make a point about knowing every little bit of information about you for the ultimate in micro-targeting. The online ad industry is evolving and innovating right along with the rest of the web (see AdKeeper) and the key to dominating going forward will be data — using it wisely to convert your users into dollars for advertisers. This is where smart technology will take user data and figure out how to map it on top of shopping data, so that purchasing intent can best be harvested. The stigma about buying online has now pretty much disappeared. With more people using the web, and mobile devices, more often do run more of their lives, there are big bucks at stake. And I’m not even TALKING about how Facebook is looking to horn in on search.
(7) New Facebook Business Models. They have all these users. All this data. They’d be crazy just to stick with what they’ve got. Hell, now they’ve got fun money just to fling up into the air and see where it goes. They’re poaching the best and brightest who all gush on and on about how “exciting” and “creative” and “free” it is. Clearly these people are getting to work on some fun stuff. So far Facebook has shown itself as adept at replicating the innovations of its competitors (see: Foursquare –> Facebook Places). But with all the resources at their disposal and innovations happening across every industry on every platform, they’d be nuts not to at least test the waters. Hey, that car’s not gonna drive itself. Oh, wait.
(8) People Generally Freaking Out This has already started to happen. First Groupon (“What? But they AREN’T EVEN A TECH COMPANY!!!”) and now Super-Sized Facebook. Entrepreneurs and founders and people with fledgling ideas that are half-built that they’ve been slaving over at night are obsessing about all day are suddenly freaking out that they have to get to market NOW before the bubble pops and the money dries up. Chill out, dude. (And, ladies!) If you’re making something of value, it’ll take. Just focus on it, be smart, and don’t let Twitter and TechCrunch freak you out. (Here, take some advice from these people.) Just a moment of Zen amidst the craziness. All right, now – onward! It’s 2011 and YOU’D BETTER NOT SCREW THIS UP. Haa, just kidding. Mostly.
Well: It should be interesting. Happy New Year, everybody!
Related:
Goldman’s Facebook Coup [Felix Salmon - Reuters]
The Social Web Index … All-Time Highs in Pressure and Price and Shame on Facebook [Howard Lindzon]
Was Goldman wise to invest $500m in Facebook at a $50B valuation? [Quora]
Goldman Sachs Just Bought The Facebook IPO [Business Insider]
Follow Rachel Sklar on Twitter here.
Illustration of Mark Zuckerberg as Avatar-ized Time Person of the Year from Sandbox World (via Boing Boing) (hat tip: Bnter).
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I have never been a gambler.
I pay attention to horse racing twice most years, and three times at most. I find out the winner of the Kentucky Derby (though usually not by watching the actual race) and then, when the Preakness rolls around, I check to see if the same horse has won both races.
If so, I pay just enough attention to learn if that horse also wins the Belmont Stakes, taking racing’s prestigious Triple Crown. The last time a horse actually won all three races was in 1978, so since then my excitement over the Belmont Stakes has been pretty limited.
In spite of all that, I thought I knew at least one thing about the gambling world: The house always wins. But it turns out that’s not the case when New York City or New York State takes the bets.
In early December, after about 40 years in business, New York City’s Off-Track Betting Corporation (OTB) closed its doors when it failed to receive a hoped-for legislative reprieve. In its last full fiscal year, ending March 31, the state-controlled corporation operated at a loss of $37.2 million after handing over the money it was required to give to the state, local governments, and race tracks. At the time of its closing, OTB had also racked up a pension bill that, together with health benefits promised to retirees, could be greater than $600 million.
This is a pretty astonishing feat considering that OTB’s business consisted of taking money from people and then giving some of it back to them. This is a business which was previously handled by neighborhood bookies, who never seemed to have a problem making money at it. To be fair, the bookies probably had a less generous pension plan.
Yet both New York City and New York State managed to fail to make money in the business of taking money for nothing. The city finally gave up in 2008, when it handed its mess over to the state.
Officials have tried to blame OTB’s collapse on decreased interest in horse racing. Speaking with The New York Times, John D. Sabini, chairman of the State Racing and Wagering Board, referred to off-track betting as “an industry that’s having a tough time…in a tough economy.” But while decreased demand is a fine excuse for not making much money, a gambling outfit should still be able to avoid losing money. All you have to do is reduce expenses to match revenues.
OTB could have easily closed down many or all of its betting parlors and relied on a small staff to manage Internet and phone traffic. For some businesses, atmosphere is everything, but OTB considered it a major upgrade in “customer amenities” when it installed restrooms and seating in 1993. It seems safe to say then that, while some may have enjoyed a sense of camaraderie in the storefront parlors, most people didn’t turn to off-track betting for the luxurious environment. With the cost savings from closing physical locations, OTB could have done some advertising to try to boost demand. That is what any rational manager would have done.
Unfortunately, instead of having rational managers, OTB had New York City and then New York State.
OTB was designed to function as a public benefit corporation, an entity that operates like a private business but turns over its profits to the state. However, everyone knew that OTB, being affiliated with New York City, was almost certain to become a bastion of patronage, if not corruption, and probably would never admit to having any profits to give back to the government. So lawmakers decided to have the corporation pay the city, and later also the state, a portion of its gross revenue, rather than its net profits. As Assemblyman J. Gary Pretlow of Mount Vernon succinctly explained: “If they’re allowed to pay on the net there would be nothing left over.”
This structure meant that the state was sure of getting some money, but it also meant the government had little reason to encourage OTB to cut costs. Meanwhile OTB had no assurance that it would have enough money after paying the state and the city to actually cover its operating costs, let alone reinvest in its business. The result was inevitable. Now that inevitability has come to pass.
It may take some skill to lose money collecting bets, but it’s the kind of skill New York has in spades. When it comes to the sport of mismanagement, there’s no doubt about it: The people who run the Empire State are thoroughbreds.
For more articles on financial, business, and other topics, view the Palisades Hudson newsletter, Sentinel, or subscribe to my daily opinion column, Current Commentary.
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'The Daily' iPad <b>News</b> Publication to Debut January 19th - Mac Rumors
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bench craft company reviews bench craft company reviews
'The Daily' iPad <b>News</b> Publication to Debut January 19th - Mac Rumors
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Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
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Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
ABC <b>News</b> Chief Open to Bloomberg Partnership - NYTimes.com
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Just posted: Olympus XZ-1 samples gallery: Digital Photography Review
Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
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bench craft company reviews bench craft company reviews
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Last month, All Things Digital reported that News Corp.'s forthcoming tablet-focused news publication, The Daily, appeared likely to debut sometime the week of January 17th. Forbes has now confirme.
Just posted: Olympus XZ-1 samples gallery: Digital Photography Review
Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
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'The Daily' iPad <b>News</b> Publication to Debut January 19th - Mac Rumors
Last month, All Things Digital reported that News Corp.'s forthcoming tablet-focused news publication, The Daily, appeared likely to debut sometime the week of January 17th. Forbes has now confirme.
Just posted: Olympus XZ-1 samples gallery: Digital Photography Review
Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
ABC <b>News</b> Chief Open to Bloomberg Partnership - NYTimes.com
The new president of ABC News says the door remains open to some form of future partnership with Bloomberg News.
bench craft company reviews bench craft company reviews
'The Daily' iPad <b>News</b> Publication to Debut January 19th - Mac Rumors
Last month, All Things Digital reported that News Corp.'s forthcoming tablet-focused news publication, The Daily, appeared likely to debut sometime the week of January 17th. Forbes has now confirme.
Just posted: Olympus XZ-1 samples gallery: Digital Photography Review
Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
ABC <b>News</b> Chief Open to Bloomberg Partnership - NYTimes.com
The new president of ABC News says the door remains open to some form of future partnership with Bloomberg News.
bench craft company reviews bench craft company reviews
'The Daily' iPad <b>News</b> Publication to Debut January 19th - Mac Rumors
Last month, All Things Digital reported that News Corp.'s forthcoming tablet-focused news publication, The Daily, appeared likely to debut sometime the week of January 17th. Forbes has now confirme.
Just posted: Olympus XZ-1 samples gallery: Digital Photography Review
Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
ABC <b>News</b> Chief Open to Bloomberg Partnership - NYTimes.com
The new president of ABC News says the door remains open to some form of future partnership with Bloomberg News.
bench craft company reviews bench craft company reviews
'The Daily' iPad <b>News</b> Publication to Debut January 19th - Mac Rumors
Last month, All Things Digital reported that News Corp.'s forthcoming tablet-focused news publication, The Daily, appeared likely to debut sometime the week of January 17th. Forbes has now confirme.
Just posted: Olympus XZ-1 samples gallery: Digital Photography Review
Just posted: Olympus XZ-1 samples gallery: Just posted: Olympus XZ-1 sample photos. While we were attending CES in Las Vegas, we were offered a full, production-standard version of the latest enthusiast compact from Olympus.
ABC <b>News</b> Chief Open to Bloomberg Partnership - NYTimes.com
The new president of ABC News says the door remains open to some form of future partnership with Bloomberg News.
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