In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy!
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Posts of the Week
Funny Economic Cartoon
AIG sues US for return of $306 million in tax payments
JP Morgan Chase receives $25 billion in bailout funds to purchase 2 new corporate jets $138 million (wait a second, they’re returning the bailout money)
Dear AIG, I quit
Scenes from the recession (Remarkable)
What does $1 trillion look like (Stunning)
Humorous Money News
Funny Economic Cartoon (POW)
AIG economic cartoon, “what’s shame”
Business News
IBM to cut 5,000 jobs in the US
The world’s cheapest car ($2000) debuts in India
Post Office to offer 150,000 buyouts
Citigroup pledges big bonuses despite rules against them
AIG sues US for return of $306 million in tax payments (POW)
Under Armour CEO voluntarily cuts salary from $500,000 to $26,000 (leadership by example)
JP Morgan Chase receives $25 billion in bailout funds to purchase 2 new corporate jets $138 million (wait a second, they’re returning the bailout money) (POW)
Goldman Sachs rejects settling AIG trades at a discount and holds them to their contract
Dear AIG, I quit (POW)
Economic News
Scenes from the recession (POW; remarkable)
More women needing cash go from jobless to topless
Entertainment Money News
Dane Cook Half-Bro accused of stealing his funds
Isaiah Washington facing eviction over $100,000 in unpaid rent
Knowing takes number 1 spot at the box office with over $24 million
Offbeat Money News
What does $1 trillion look like (Stunning)
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