I’m beginning to tire of Geoff Colvin’s anti-government stance in his regular Value Driven column in FORTUNE magazine. In a recent piece (“Will the Motor City Shakeup Work?“, April 27), Colvin argued that General Motors‘ fate has less to do with the new CEO Fritz Henderson than with the restructuring model the US government is… Read More: Colvin’s rant against government intervention »
In his recent Value Driven column (“Chris Dodd Wants to scrap Your Bonus“, FORTUNE magazine, March 16), Geoff Colvin argued that the proposed tough new limits on Wall Street bonuses in the US stimulus package will “inadvertently reward nonperformance and drive talented financiers away from the companies that need them most”. Ignoring the simplistic examples… Read More: Anal, retention! »
Looks like product recalls are now the vogue, and it’s not just in the food industry. Google, in typical do no evil fashion, has unveiled a new feature for Gmail that allows users to hit the panic button and “Undo” the sending of an e-mail message, for whatever reasons. But you have to act fast… Read More: Product recalls extended to e-mail messages »
Citigroup’s shares rallied last week, on the back of CEO Vikram Pandit’s “leaked memo” reassurring his troops that “we are profitable through the first two months of 2009 and are having our best quarter-to-date performance since the third quarter of 2007”. Shares of the financial services provider have been under constant pressure since its bailout… Read More: Should Citi be investigated for leaked memo? »
Whoever said one good turn deserves another probably hasn’t been to Singapore. Apparently an Aussie by the name of Filip Lou did the unthinkable by diving into the Singapore River to save a woman who attempted suicide after a break-up with her boyfriend. In the process, Lou got injured and both hero and damsel-in-distress were… Read More: Aussie saves life, loses money »
Mile high clubbers can now engage in their amorous activity without the risk of being caught with their pants/skirt down: phone sex on board Ryanair planes. Michael O’Leary, Ryanair’s boss, apparently thinks nothing is wrong with offering mobile phone service on board: “You don’t take a flight to contemplate your life in silence. Our services… Read More: Sex in the air »