Word: dollarses
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Greenberg and Starr say that AIG should not be believed when it says it is pursuing the lawsuit on behalf of shareholders or taxpayers. In a recent e-mail to a blogger, a Starr spokesperson wrote, "By its own admission, AIG is prosecuting these claims for only one purpose: To...
Acer CEO J.T. Wang chalks up the results to his company's willingness to adapt to unpleasant market realities. While competitors are trying to protect their profit margins by keeping prices of PCs stable, Acer, recognizing that consumers have less to spend nowadays, has been pushing low-cost computers including...
Beck's material wasn't original - modern art is stupid, consumer-product warning labels are inane - but he is a great performer, flying around the stage and making fun of his profuse sweating and apocalyptic fears. He did an impression of Tim Geithner as an elf from Lord of the...
A third of all Gabonese still live on less than $2 a day, and as the oil fields begin to dry up, Bongo's subjects are facing up to the reality that he sacrificed the country's future to fund his own fantastically opulent lifestyle. The government has made no...
This was not the first time Bongo had been exposed. In 1999, an investigation by the U.S. Senate into Citibank estimated that the Gabonese President held $130 million in the bank's personal accounts, money the Senate report said was "sourced in the public finances of Gabon." Earlier last decade...