Tag Archives: Investing

The Children of Gordon Gekko … brilliant speech by Australian Prime Minister Kevin Rudd

There are but a handful of my friends who will actually recognize the name Gordon Gekko… yes, Michael Douglas, Martin Sheen, Charlie Sheen and many others in the seminary Wall Street epic by Oliver Stone of the same name.
A few days ago, Kevin Rudd, the Prime Minister of Australia gave a most insightful speech on […]

A real-estate domain name even better than ForSaleByOwner.com ?

A quick glance back at some of the biggest domain name sales in the last few years, and I remember ForSalebyOwner.com domain name was sold for $835,000 several years ago during the dotcom boom. Back in 2006, Tribune Interactive bought the domain name and web site assets for roughly $150K according to most reports.
They’ve […]

US bails out AIG Insurance - in exchange for 80% stake !

Well well, almost 1am, and some breaking news that BBC News is also about to release: The US Federal Reserve Bank “in full collaboration and with the support of the US Treasury Department” is going to throw a buoy out to AIG Insurance.
Essentially, they’re offering a USD 85,000,000,000 (ok, $85B for the playas) protection package […]

Lehman Brothers Bankruptcy : Official announcement about Chapter 11 bankruptcy filing

Well the rumours have been swirling for quite a while now, but now it’s offical from Lehman Brothers themselves.

In an official release about their chapter 11 bankruptcy filing posted to their website (PDF format warning)… they stated the following:

For Immediate Release
Media Contact: Monique Wise
1-646-333-9056
Investor Contact: Shaun Butler
1-212-526-8381
LEHMAN BROTHERS HOLDINGS INC. ANNOUNCES IT INTENDS TO FILE […]