Vivek Kundra, Obama’s nominee to act as a Federal “CIO” is taking a leave of absence after federal investigators reported yesterday that one of his direct reports had been engaging in some accounting shenanigans – such as creating fake employees to siphon money away from the District of Columbia, his former employer. Sounds like theContinue reading “Obama CIO stepping down?”
Author Archives: Thomas Guy
Oprah to interview Facebook founder Mark Zuckerberg tomorrow
You heard it here first. Wall Street Journal is reporting that the famed talk show host is going to have the founder on her eponymous show tomorrow. They probably aren’t going to talk about the brain drain, or the devaluation of the facevalue (c’mon, I’m dying here) of the company. This looks to me likeContinue reading “Oprah to interview Facebook founder Mark Zuckerberg tomorrow”
New iPod Shuffle & Mac Mini
Okay, I officially have what I will bizarrely title “Shuffle Envy.” The new iPod Shuffle looks like it’s the size and shape of the Apple remote used to navigate through Spotlight. Only it’s got no buttons on it. Oh, and with a clip. Weird. I like it, if only for it’s high ranking on theContinue reading “New iPod Shuffle & Mac Mini”
“Après moi, le déluge”
From DOW JONES NEWSWIRES Standard & Poor’s said delinquencies of home-related loans climbed in January, with the rate surging in particular from December for home-equity lines of credit and prime-rated jumbo mortgages. The agency released that month’s results for residential mortgage-backed securities created in 2005 through 2007 from the home-equity lines and jumbo mortgages asContinue reading ““Après moi, le déluge””
Don’t Panic
This from the Consumerist: At the end of 2008, the FDIC’s insurance fund ratio was 0.40% of all insured deposits, far below the minimum 1.15% mandated by Congress. But, don’t panic. The Chinese still want to lend us money. I’m sorry – what? They’re starting to buy fewer treasuries and more oil futures. Well, that’sContinue reading “Don’t Panic”
