Month February 2009

Yet another multi-billion dollar investment fraud

“It’s great having pals like you, George.” Allen Stanford and Dubya, from the always wonderful and snarky ClusterStock. U.S. regulators accused R. Allen Stanford of running a “massive, ongoing fraud” while selling about $8 billion in certificates of deposit His…

California legislature meets now to pass budget

California legislature in super-secret strategy session Well, that’s what the California legislature has promised at least. To meet today at 10am to pass the budget. But then, they’ve been whining, delaying, and squabbling about the budget for months now. The…

Wireless electricity is here

Ryan Tseng holds his wirelessly lit lightbulb 3 inches above its power source. Photograph by Phillip Toledano. Fast Company Wireless electricity exists now. Have a pile of cell phones and iPods to recharge? Just drop them on the recharging platform,…