Word: shorted
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...reported earnings that were lower than what analysts had expected, and the tech company's stock price dropped 5% - but Raj Rajaratnam made $9 million. Allegedly, the New York hedge-fund manager had gotten a tip that Google's earnings would be below expectations, so he was prepared with short positions and put options that would become more valuable as the stock price fell. The alleged source of the tip: an employee at an investor-relations firm that helped Google announce its earnings who wanted to be paid for similar informational gems in the future. (See 25 people to blame...
...most popular embedded links from the tweets that surround them, allowing people to understand the source of a conversation without having to endure the din surrounding it. Bing-Twitter also expands a tweet's bit url and shows users the real domain, creating greater transparency before you click. In short, Bing makes Twitter make sense.(See pictures from inside Google's headquarters...
...then there was the dog that wouldn't stop barking. Fitzgerald cut the interview short and said he'd have to reschedule. Did the disruption influence his decision? "Well," he says, "a big part of management is handling problems as they arise...
...early. Nguyen, Schultz, and Felton failed to make it past the round of 32, but freshman Joshua Tchan provided another highlight for Harvard as he reached the round of 16. On Sunday, Tchan lost to Marist’s Loic Sessagesimi, 6-3, 6-0. It was a short tournament for Felton, who was ranked 13, and for Nguyen, who fared well at last week’s tournament...
...Other Republicans, like economist Kevin Hassett, a former adviser to McCain's presidential campaign, say it might be better to focus on policy fixes that could have long-term impacts, not just short-term impacts. "You can have a stimulus every quarter from now until we go bankrupt," Hassett said. "But would that be good policy...