Month December 2007

Super-SIV sunk

The plan to offload all those sinking SIVs into a a special fund where they could be hidden (AKA The Save Citi plan) is dead. No investors could be found for the estimated $350 billion of now toxic SIVs. So…

Climate Savers Computing Initiative

The Climate Savers Computing Initiative is a nonprofit group of eco-conscious consumers, businesses and conservation organizations dedicated to improving the power efficiency and reducing the energy consumption of computers. The Initiative’s goal is to reduce computer power consumption by 50…

Profits before health

If Cigna hadn’t put profits before the health of those they insure, they wouldn’t have contributed to the death of an innocent or be facing a public relations nightmare. Attorney Mark Geragos said he plans to ask the district attorney…