I think that's a fair and accurate characterization of the shell games that pass for strategy from the nation's leading financial institutions, Chris. And still it's gotten no easier for well qualified borrowers to get mortgages; lending banks are amazingly impervious to the bad PR.
Terry, I too share your reluctance to believe the recent spate of M&A activity is anything more than year end window dressing or bargain hunting.
Yes, the market has enjoyed an unprecedented 60% increase from the March lows, but the economy will continue to struggle as long as unemployment continues to rise.
The market has climbed the wall of worry throughout the year, and will end on a positive note. The large institutional banks are paying back TARP money through the sale of common stock rather than profits. The dilution of shares does not strengthen the banking system nor does make stock holders any wealthier. But what it does do is get the government off the bankers back and leaves the Pay Czar totally ineffective. Now bonuses and salaries can go back to being disproportionate again, at the expense of us all.
I'm not sure whether anyone with "an issue" would want to touch one of these gadgets with a 10-foot pole. That said, no doubt they're great for law enforcement, or for companies looking to validate employee sobriety (e.g., utilities firms with regulated businesses that already drug-test field engineers).
The office employees may be exempt: On the Internet, nobody knows you're drunk, right?
Thanks, Mary... yes, biometric intoxifcation detection system is a mouthful, and the first biometrics application I've seen in this vein. I guess it's a little built-in Breathalzyer type device, which would be great for people on probation or parole for drunk driving convictions, have a chronic issue, or have ever had their driver's license suspended.
Who put the "co" in Overstock's "O.co" branding campaign? Colombia, which, like some other countries, is selling its top-level Internet domain to anyone who wants to be a .co. Top-level domains of all kinds may soon be for sale, but the jury's out on whether search engines care about them.
If you listen to the hype, clouds are everywhere. But if you look at the data, it turns out most customers say they still wouldn't use cloud computing for mission-critical apps or data. What's holding them back? Fritz investigates.
The restaurant chain's Chris Laping describes how the company drives innovation in everything from operations to team uniforms under his leadership. Internet Evolution's Mitch Wagner interviewed Laping at the E2Innovate conference.
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