Word: founderings
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...avoiding the whole controversy surrounding ShamWow's fallen ad man, Michael Migliozzi, founder of the ad agency, says simply: "Maybe it has come full circle with folks pointing out that the ShamWow guy needs to get some SoulWow." After all, he notes, "It was Jesus who said, 'Let he who is without sin cast the first stone...
...firm wants to speculate on interest rates that's fine. There is nothing that prevents them from using TARP that way," says Dean Baker, who is the co-founder of the Washington, D.C. liberal-leaning think tank the Center for Economic and Policy Research. "But I am not sure that helps the economy, and if they were to get that wrong the firm and taxpayers would be much worse...
...Jake Carman, a founder of the Allston Brighton Neighborhood Assembly, who has been far more critical of the current planning structure than Mattison, said that “you have to question where exactly the power lies” in the BRA’s development process, which he criticized as “incredibly unfair” because the community is unable to vote on the BRA’s decisions...
Satyam Computer Services, the Indian I.T. and outsourcing giant that was nearly sunk by its founder's billion-dollar accounting fraud, has been sold to a smaller rival in an unusual auction in which bidders were unable to assess the true financial standing of the company...
...That's far less than the $7 billion stock-market valuation Satyam, India's fourth-largest I.T. company, once enjoyed before the scandal. In January, Satyam founder and chairman B. Ramalinga Raju confessed that accounts at had been fudged for years and that assets and profits to the tune of $1.6 billion did not exist. The government subsequently stepped in, appointing a board of directors to try to stabilize Satyam until a buyer could be found...