Broadcom Co-Founder Faces Conspiracy and Drug Charges -NYT
Federal officials unsealed one indictment Thursday alleging co-founder Henry T. Nicholas III of chip maker Broadcom Corp. spiked the drinks of technology executives and customer representatives with ecstasy and maintained a warehouse for ecstasy, cocaine and methamphetamine.
A second indictment unsealed Thursday accuses him of conspiracy, securities fraud and [...]
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Shake-Up at French Bank After Trading Scandal
Once expected to succeed Mr. Bouton at the helm of the bank, Mr. Mustier was in charge of all investment banking and trading during the period that a trader, Jérôme Kerviel, accumulated 50 billion euros, or $77.7 billion, in unauthorized bets, which cost Société Générale 4.9 billion euros to [...]
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French police arrest former EADS chief -Guardian
Two judges and the French market regulator, AMF, have been investigating allegations that 17 current and former EADS executives, including Forgeard, exercised stock options when they were party to privileged information about deteriorating profits at Airbus.
Landowners trampled in gas rush -CNN Money
Unsuspecting property owners around the country are getting [...]
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Gawker, paraphrasing a Wall Street Journal article regarding JP Morgan CEO Jamie Dimon, posts Anecdotes Prove Bear Stearns Savior Is A Jerk.
…two of the best anecdotes in the piece do nothing but make him look like a snippy asshole…
Tell us something we don’t know Gawker. You don’t become ruler of the House of Morgan by [...]
4 Bold Business Scams (And Why They Failed Miserably) - mental_floss
Starting a legitimate business is hard, boring work. There’s paperwork to fill out, employees to hire, and all sorts of other drudgery, not to mention the biggest hurdle of all: providing a product or service for which customers are willing to pay. In all likelihood, [...]
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Yep, Monkeys Like Porn Too
Yet another seemingly human-like bit of monkey behavior: apparently monkeys are willing to pay for sex as well as trade juice for porn. That’s right, the world’s oldest profession has made inroads into the animal kingdom — Animal Behavior reported earlier this year that male macaques in Indonesia were known to [...]
5 Ways to Go Broke Getting Drunk
When does a shot of scotch cost $3,300? When the bottle’s going for $38,000 and hits $75,000 in a bidding war. Amazing Google capability: Enter ‘number of shots in a liter’ into Google Toolbar and before you hit enter AJAX serves up the answer of 22.5426817 shots, which [...]
What the hell really happened to Crocs?
This pretty much says it all:
Harper’s gets it, why didn’t shareholders? In a word: greed.
Souvenir Sales Climb After Spitzer
The hotel where then-New York Gov. Eliot Spitzer allegedly had a tryst with a high-priced call girl has been doing a brisk business in souvenirs since news of the scandal broke last month.
At the Mayflower Hotel’s tiny gift shop, people have been snatching up merchandise with the Mayflower logo and the [...]