There are various forecasts of the future that may be right or wrong. For example, this one’s a goodie. Called EPIC 2014, and nicknamed Googlezon, it forecasts that by 2014 the current media and news organisations are dead and gone, and Google and Amazon merge. It was made in 2005, around the same time as…
There are various forecasts of the future that may be right or wrong. For example, this one’s a goodie. Called EPIC 2014, and nicknamed Googlezon, it forecasts that by 2014 the current media and news organisations are dead and gone, and Google and Amazon merge. It was made in 2005, around the same time as…
Read the announcement from Societe Generale here (six page pdf). The rogue trader lost €4.9 billion through a series of fictional transactions. Societe Generale aren’t naming him, but apparently the trader dealt in plain vanilla European stock market index futures and concealed his losses through in-depth knowledge of the bank’s control systems, which he had…
Read the announcement from Societe Generale here (six page pdf). The rogue trader lost €4.9 billion through a series of fictional transactions. Societe Generale aren’t naming him, but apparently the trader dealt in plain vanilla European stock market index futures and concealed his losses through in-depth knowledge of the bank’s control systems, which he had…
In this worldwide web of global wonders, I’m getting fairly cheesed off with the number of social networks I’m now getting involved with. From Facebook to LinkedIn to Plaxo to Bebo, they’re all starting to mindmeld into one. Add in Habbo Hotel, Second Life, Entropia and all the other virtual worlds, and you almost lose…
In this worldwide web of global wonders, I’m getting fairly cheesed off with the number of social networks I’m now getting involved with. From Facebook to LinkedIn to Plaxo to Bebo, they’re all starting to mindmeld into one. Add in Habbo Hotel, Second Life, Entropia and all the other virtual worlds, and you almost lose…
In this worldwide web of global wonders, I’m getting fairly cheesed off with the number of social networks I’m now getting involved with. From Facebook to LinkedIn to Plaxo to Bebo, they’re all starting to mindmeld into one. Add in Habbo Hotel, Second Life, Entropia and all the other virtual worlds, and you almost lose…
There have been rumours this week of Citi being bankrupt in Banknet360 and Yahoo’s message boards (see earlier blogs on Yahoo message boards and Citi) "Citi filing for Chapter 11 in the next few days" … oh no! what a headline. However, according to Here is the City, these rumours are originating out of Asia…
There have been rumours this week of Citi being bankrupt in Banknet360 and Yahoo’s message boards (see earlier blogs on Yahoo message boards and Citi) "Citi filing for Chapter 11 in the next few days" … oh no! what a headline. However, according to Here is the City, these rumours are originating out of Asia…
Interesting stats and facts coming out of the hedge fund and private equity worlds this week. First, Hedge Fund Research (HFR) released their year end report of inflows and outflows to the hedge fund markets in 2007. The headline is that The hedge fund industry attracted a record $194.5 billion in new investor capital in…
