Fun, Economy and Technology

Fun: If this isn’t a movie soon, I will be surprised.  Joshua Davis tells the inside story of a diamond heist that although a bit long, is totally mesmerizing.

Economy: While still remaining on the topic of heists, Vanity Fair magazine has a long article on how Bernie Madoff was able to perpetuate his scam.

Technology: Ever wondered how Google prices their ads?  Here is the scoop from the Chief Economist of Google.

Technology: I wrote about tools for the entrepreneur last week.  I have found a few more that just might make the cut for you.  Officezilla is a free tool that does much of what Basecamp does for project managment.

Economy: I am not sure that I can believe this, but the Boston Globe is reporting that the FDIC needs to borrow $500 Billion to potentially prop up bad banks.  What is most interesting is that the FDIC did not collect premiums from most of their member banks from 1996 to 2006.  Why didn’t they collect the insurance premiums?  Well, Congress prevented the FDIC from collecting because they felt the FDIC was so solidly capitalized. Whoops!

Fun: What does a trillion dollars really look like? I had no idea, but half of that picture makes up what the FDIC is looking for.  Ouch.

Leave a Reply

Your email address will not be published. Required fields are marked *