Month August 2007

Credit crisis spreads

Private equity companies that bought out public companies like Chrysler now need immediate cash because of the credit crisis. This does not bode well for the employees of those companies. It seems that private equity funds (I also call them…

Reason 932 to dump Windows

Windows Genuine Advantage servers have been malfunctioning and marking legitimate copies of XP and Vista as counterfeit.That’s right, the program that Windows PCs are forced to contact on a regular basis to prove their copy is legit decided to mark…

Subprime crisis not contained

Subprime crisis forces cuts in economic growth estimates Credit crisis bleeds into retail Bank of China, the second largest bank inChina, reports heavy subprime exposure, $9.7 billion. Gosh, wasn’t all this supposed to be contained? That’s what the talking heads…

Cuban Five appeal in Atlanta

Bill Paparian was there on Monday for the 11th U.S. Circuit Court of Appeals hearing for the Cuban Five. The defense attorneys told the appeals panel that prosecutors had made improper statements and the evidence used to convict was insufficient.…