Recent Comments

• Roland Hesz on Yugo, 1953-2008 Yes, that's what I read too, so far Neelie Kroes holds out on it. I hope she can thwart the "oh, fuck capitalism, we are LOOSING!" movement.
• Roland Hesz on Converting Dead Mormons into Homosexuals It is hilarious. What the Mormons declare is "Hey, God is Powerless!" and the Jews and Catholics who reacted with such a panic they did send the clear message "God is Powerless!". How hilarious.
• John Sinteur on Yugo, 1953-2008 you may want to time-stamp that comment, that zero may change to EUR 50b any second now. News: 1, 2, 3.
• Roland Hesz on Yugo, 1953-2008 So far the EU is sending 0EUR to help car manufacturers. It is still debated whether it's needed or not, however Germany stated that they will help Opel. But Germany is not the EU. That's the current status of the car bailout in Europe.
• John Sinteur on Big Three CEOs Flew Private Jets to Plead for Public Funds Here are current CEO compensation numbers. Ballmer makes about 1.2mil, I guess Bill Gates made a similar amount.
• John Sinteur on Yugo, 1953-2008 Have you seen how much money Europe is sending to struggling car manufacturers, including subsidiaries of GM?
• Maarten on Yugo, 1953-2008 "We"? I didn't know you were going to help out! That's sweet of you.
• Bill L. on Big Three CEOs Flew Private Jets to Plead for Public Funds I've never, n-e-v-e-r had to be at an airport 2 hours early. I've often wandered in with less than 40 minutes to my flight. Are we guessing that they have lots of luggage to check in and haven't bothered to check-in electronically? Southwest, business select, one way, out one day and back the next, is $176 X 12 = 2,112. Not exactly 12 grand. 12k only pans out if you assume they "have" to travel first class. The shortest flight listed is about 1 hour and 24 minutes. Ohh noes! How will they avoid spilling the corporate beans for nearly an eternity! Are we to think that all the execs traveled on the same plane? Jet-pooling?
• John Sinteur on Big Three CEOs Flew Private Jets to Plead for Public Funds You're forgetting one major cost factor: public image. This story is all over the news. At the cost of two or three extra hours, their image could have been one of real "cost-sensitve" CEO's. Isn't that really worth it? And any CEO not aware of public image is too stupid to be in that job.
• Jason on Big Three CEOs Flew Private Jets to Plead for Public Funds How much time is lost by the GM representatives when they have to check in for a flight two hours early, or when the GM representatives are not to talk about business during the flight due to insider trading concerns? The question is what is lost? When 12 people fly on a private jet it costs about $20,000. When 12 fly commercially to DC it costs about $12,000. Is a $8,000 savings worth the time lost? Isn’t it really worth it in the long run? http://nomedals.blogspot.com
• Roland Hesz on Cartoons The iCar is cool :)) Never crashes :) But runs only on GM approved fuel, runs with GM approved tires, and only on roads in GM approved countries and states. And everywhere differently. :)
• Roland Hesz on Consider This…The Stupidest Exercise Machine You’ll Ever See Yep, the Flinstone mobile :) One advantage: you can walk and not get mud and snow on your shoes.
• Roland Hesz on Yang’s Exit Opens Door for Fresh Microsoft Bid, Investors Say If I remember correctly Steve Ballmer answered Jerry Yang's plea with a "sorry, that train has left the station".
• John Sinteur on AIG to Pay Millions To Top Workers Don't sweat it - that will likely happen again :-)
• Roland Hesz on Phil Gramm, Unswayed Champion of Deregulation Funny thing that several studies concluded that those banks that lent under the Community Reinvestment Act has "practiced a stricter control over loans, than those who did not participate in the CRA". So banks lending under CRA made way better and more secure loans than those who just lent as a daily business.