Entries for the ‘Sellouts’ Category

Cabot employees get the shaft?

An anonymous tipster reports:
Cabot Corporation of Boston just announced a $600K bonus for its new CEO, Patrick Prevost. Why is this interesting? Because their share price is at 17.7 which is a dollar north of their 52 week range. Perhaps more importantly, they just cancelled their holiday party!!! I bet morale [...]

Leave a Comment

Liar, liar, pants on fire

I hate Classmates.com as I know they lie to me too.  My spouse was actually tricked into signing up just like this lawsuit hungry guy below.  No one had viewed the profile and no one was trying to make contact.  It was just a gimmick to get you to subscribe.  I’d like to see this [...]

Leave a Comment

Just can’t Bear it

Bloody Monday….we’d love nothing more than to see some folks hung up by their toenails for the financial irresponsibility that put this nation in a financial crisis.
JPMorgan Chase & Co. said Sunday that it would acquire troubled Wall Street firm Bear Stearns for a mere fraction of what it was once worth amid deepening fears [...]

Leave a Comment

Bebo Baggins finds new shire

This one doesn’t look like it will have a happy ending for anyone other than the Bebo investors.
In an unexpected move, AOL has acquired social-networking site Bebo. The price tag: $850 million in cash.
Rumors had floated over the past few months that Bebo, which has over 40 million members, was up for sale. Reports suggested [...]

Leave a Comment

Wall Street Spitz back

Elliot Spitzer certainly threw a lot of stones from that glass house of his!
Gov. Eliot Spitzer has informed his most senior administration officials that he had been involved in a prostitution ring, an administration official said this morning.  Mr. Spitzer, who was huddled with his top aides inside his Fifth Avenue apartment early this afternoon, [...]

Leave a Comment

Wikipedia consensus building through payola

More articles about Jimmy Wales exchanging Wikipedia edits in exchange for sexual favors and monetary donations. Wales screws around and the Wikipedia community gets screwed.
Wales: right so the way it is told now, hang on a second let’s actually do this right now because the last thing I want to do is take a [...]

Leave a Comment

The non-profit approach to living like a rockstar

New accusations that in addition to spending his time getting his sex partner’s Wikipedia entry edited in her favor, Jimmy Wales was living like a rock star on the Wikipedia expense account.
Wikipedia founder Jimmy Wales didn’t have such a good weekend. First the blogosphere and then Wikipedia itself lit up with news of his messy [...]

Leave a Comment

Yahoo can’t concentrate on failure

Hmmmm, let’s see. Would you rather be unemployed or worrying about the implications of a sweet Microsoft acquisition.
Also, it seems like acknowledging that sort of risk doesn’t bode well when you are trying to increase the price of the offer.
From Yapoo’s 10K
“Microsoft’s unsolicited acquisition proposal has also created uncertainty for our employees and this [...]

Leave a Comment