“What’s .00001% x $315 Million?” I think I speak for bloggers everywhere reacting to the news that The Huffington Post sold to AOL for $315 million when I say: ‘CRAP!! THAT’S IT?!’ Reaction #2: ‘what’s .000001 x $315 million?’ (answer: $32, rounded up). The incredulity has to do with the eye-popping valuations being sported by...Read More
“We ALL Caused This Mess??” Hardly. Put me in the camp that says, without an accurate diagnosis, it’s not possible to cure our current economic mess. So, here are two competing narratives explaining how we got to this juncture, both courtesy of Les Leopold (thanks to Ned Krahl for forwarding the Leopold piece): Narrative #1:...Read More
In G.O.D. (“Gold on Delivery”) We Trust What happens in a tough economy where more people are paying their bills late (and some, not at all)? Creditors start insisting on being paid upfront. I don’t know about other fields, but for Realtors, “C.O.D.” seems to be the order of the day — and has been...Read More
