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That does not mean that the bank cannot play the Merrill card in the court of public opinion. B of A's CEO Ken Lewis has already made the case the Henry Paulson virtually forced him to close the Merrill deal because it was in the best interests of the country's troubled financial system. If that transaction is at the heart of B of A's capital shortfall, the firm has a legitimate argument that because it helped the government when it was in a jam, it is time for the government to repay the favor...
...system detects something that changes the fabric of everyday life, such as strains in the medical infrastructure or changes in the behavioral patterns of people if they aren't going to work or attending school," says Robert Hart, CEO of Veratect. Trained analysts then investigate suspicious reports to determine if additional investigations are needed or alarm bells should be raised. Veratect follows more than 200 diseases around the world in this way, and argues that its system of computer detection and human interpretation can give health officials enough of an early warning of potential disease outbreaks to ready the appropriate...
...Joining CEO Jeff Bezos onstage will be New York Times publisher Arthur Sulzberger - signaling some kind of partnership between the Times and Amazon. It's no secret that Sulzberger has been talking to everyone about how to save the Times; he recently visited Silicon Valley and had a number of salon-style dinners with technocrats offering advice. Amazon's Kindle, however, has already proven to be a promising source of revenue for the newspaper. The Times is already the best-read subscription-based periodical on the current Kindles - though how well read is anyone's guess. (The Wall Street Journal...
...recession - ends later this year, we won't exactly be out of the woods. "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight of the more important question," said Mohamed El-Erian, CEO of bond-investing giant Pimco, at a conference in Los Angeles last week. "It's not whether the recession will be over; it's what does the new normal look like...
Wolfram is the founder and CEO of Wolfram Research, and has already made his name in the techie world creating Mathematica, a computational program that is widely used in engineering, science, and math fields...