Word: yahoo
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...Nick Leeson brought down Barings bank with $1.4 billion in fraudulent trades. At 25, Gary Hoke faked a Bloomberg news report linked to a Yahoo bulletin board in a stock scam that cost investors $93,000. At 24, Rafael Shaoulian littered financial bulletin boards with unfounded hype that enabled him to sell a stock and pocket $173,000. At 23, Mark Jakob drove down the stock of Emulex with a phony Internet report. He bought with a vengeance after the decline and made $241,000 when the hoax was discovered and the stock rebounded...
...violating the terms of his membership" (which can mean anything from spamming to being abusive to going "off topic" on message boards). The last time he posted a message to the site was July 17, 1999. He then apparently gave up and moved to the less regulated environment of Yahoo. What may have helped the SEC is that Silicon Investor has archived all 15 million of the messages placed on its 20,000 message boards since inception. A trail was easy to generate...
...Internet Underground Music Archive, is offering $5,000 cash to any parents willing to give their baby the first name Iuma. So far, no fewer than five babies, including little Iuma Ross, right, of Williamsburg, Pa., have benefited from the campaign. At least they didn't name the kid Yahoo...
...MAILIN' ME? Passengers in New York City taxis are generally too busy fearing for their life to get bored, but in that unlikely event, they can now pass the time by surfing the Internet. The Web portal Yahoo has mounted Palm VII handheld computers, which can access the Internet wirelessly, in the backseats of 10 New York cabs; it also painted and upholstered them in purple. Unfortunately, you still won't be able to hail one when it's raining...
...Google's rivals scramble to imitate its best features--Ask Jeeves, for one, now offers popularity rankings--it's worth remembering how recently another pair of Stanford grads seemed similarly unrivaled: David Filo and Jerry Yang of Yahoo. "The darkest cloud on your horizon is if a couple of students come up with something even better," Stanford professor Rajeev Motwani told former student Page over dinner recently. No, replied Page, that will never happen. Still, you can forgive him a little hubris. Enough massages and free ice cream can make anyone feel invincible...