Brazil blew it by rejecting an offer to buy 30% of Citigroup (C) as the bank tried to raise capital in the crisis, the country's energy and mines minister says. “We made a mistake,” says Edison Lobao. “We could have bought it and made a big profit. It was a lost opportunity, but I think any prudent government would have been cautious." [View news story]
everything bad to say about citibank's lack of integrity in its practices. one should not forget that these american bank forgave many country defaulted loans such as brazil and mexico
The Economistexplains why Beijing will likely continue to lend a deaf ear to calls to free the yuan ("indeed, China is more likely to change its policy if foreign policymakers shut up"), and what it is that will move China to bite the bullet. [View news story]
dear tony: i typically respect your comments. but stereotyping the beijing regime as communist oligarchs is not accurate. it is a capitalist, socialist autocratic committee.
“We participated in things that were clearly wrong and have reason to regret. We apologize.” - Goldman Sachs (GS) CEO Lloyd Blankfein, saying the bank is sorry for its role in the financial crisis. [View news story]
i'm not sure what Goldman has to apologize for. they took the loan and paid it back.
if there is any fault is the regulation.
as for pandit, i don't think a $1 salary is going to be enough.
For Asia to achieve a robust recovery in a soft-export new world, it will have to tackle two issues, IMF says on its blog: 1) Firms that hoard cash but don't invest. 2) Wealthy households that won't consume. [View news story]
cn counts household consumption differently than in the west. the debt for cars and housing don't seem to be counted like they are in the west
June Durable Goods Report: Is the Tech Sector Slipping? [View article]
WHAT COMPANIES OUGHT TO PROFIT FROM THIS
Asustek facing component shortages, but no plans for notebook price increase Asustek Computer will not increase prices of its notebook PCs for the time being, despite increased components cost due to tight supply, according to the company. However, the company is keeping an eye on pricing strategies of Hewlett-Packard and Acer, Asustek said. Asustek is currently facing tight supply of optical disc drives, chipsets and 500GB hard disk drives, but the shortage is expected to recover by September, the company pointed out.
Microsoft Understands Making Money the Hard Way - Earning It [View article]
who stole whose ideas, apple capitalized on xerox parc's innovation.
get the facts straight!
On Jul 14 08:49 AM Jon T wrote:
> You mean making money from stealing other' ideas I think. > > 15% a year on R&D, which delivers - basically nothing. > > Big problems ahead for the greedy behemoth.
My last report on Cn's alternative energy industry is it is not an alternative but in addition to future energy needs. IT IS A GREEN AND BLACK FUTURE FOR Cn.
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Latest | Highest ratedBrazil blew it by rejecting an offer to buy 30% of Citigroup (C) as the bank tried to raise capital in the crisis, the country's energy and mines minister says. “We made a mistake,” says Edison Lobao. “We could have bought it and made a big profit. It was a lost opportunity, but I think any prudent government would have been cautious." [View news story]
The Economist explains why Beijing will likely continue to lend a deaf ear to calls to free the yuan ("indeed, China is more likely to change its policy if foreign policymakers shut up"), and what it is that will move China to bite the bullet. [View news story]
“We participated in things that were clearly wrong and have reason to regret. We apologize.” - Goldman Sachs (GS) CEO Lloyd Blankfein, saying the bank is sorry for its role in the financial crisis. [View news story]
if there is any fault is the regulation.
as for pandit, i don't think a $1 salary is going to be enough.
Why Starbucks Will Grow [View article]
For Asia to achieve a robust recovery in a soft-export new world, it will have to tackle two issues, IMF says on its blog: 1) Firms that hoard cash but don't invest. 2) Wealthy households that won't consume. [View news story]
Baidu: A Pure Momentum Trader's Favorite (with Occasional Blowups) [View article]
there is no comparison. google search results are blocked often and limited whereas far inferior baidu results aren't
with such support how can it not win
Google's (GOOG) seven-pronged attack on Apple (AAPL). [View news story]
Apple, Microsoft, Google: Far from Coercive Monopolies [View article]
Western Digital Could Lead Hard Drive Market in 2009 [View article]
June Durable Goods Report: Is the Tech Sector Slipping? [View article]
Asustek facing component shortages, but no plans for notebook price increase
Asustek Computer will not increase prices of its notebook PCs for the time being, despite increased components cost due to tight supply, according to the company. However, the company is keeping an eye on pricing strategies of Hewlett-Packard and Acer, Asustek said.
Asustek is currently facing tight supply of optical disc drives, chipsets and 500GB hard disk drives, but the shortage is expected to recover by September, the company pointed out.
Jeff Bezos: Learning from an Incredible Entrepreneur [View article]
Shares of SanDisk (SNDK -13.1%) are in free-fall after its Q2 beat was overshadowed by weak Q3 guidance during its conference call (transcript). Meanwhile, analysts are surprisingly bullish. [View news story]
Later, a guard told me that the workers were on furlough for the week.
Microsoft Understands Making Money the Hard Way - Earning It [View article]
get the facts straight!
On Jul 14 08:49 AM Jon T wrote:
> You mean making money from stealing other' ideas I think.
>
> 15% a year on R&D, which delivers - basically nothing.
>
> Big problems ahead for the greedy behemoth.
Panasonic: Positioning for Emerging Markets [View article]
Thomas Friedman is still worried that China will clean America’s clock in the clean-energy race, and with good reason. Or is this a case of too-good-to-be-true? [View news story]