Someone should really sit Andrew Cuomo down and explain that, even if BofA defrauded its shareholders by recklessly merging with Merrill, it only makes things worse to sue BofA and ask for payment of damages to the shareholders and the state. I fear that Cuomo (and those before him (I'm looking at you prostie man) and most elected officials) are completely unaware that a company can't pay its own shareholders damages...
Thursday, February 4, 2010
Wednesday, February 3, 2010
I'm shocked that significant bureaucratic hurdles that de facto make internet video services (such as YouTube) uneconomic would be imposed in Italy, a country whose Prime Minister owns its largest television group. Shocked.
Tuesday, February 2, 2010
It just occurred to me that the Lexus ES crash that widely publicized Toyota's acceleration problems can't be a result of the CTS pedal assemblies as the ES is built in Japan and so should use the Denso units. This isn't news (as it was this crash that triggered the floormat recall) but it is somewhat ironic that the most conspicuous event was not part of the more concerning recall. And, perhaps, will continue to fan concerns of an electronic throttle problem rather than a mechanical problem.