NYSE head John Thain has taken up the job of CEO at Merrill Lynch. This move is definitely a good one for Thain. The direction he will take Merrill in is up for speculation, but he has said the mortgage industry can be very profitable if invested in correctly. So it seems Merrill won’t be divesting itself of mortgage securities [...]
Tuesday saw a huge jump in every major stock market index here in the US. The gains were instigated by better than expected earnings from Wal-Mart and Merrill Lynch’s announcement that its exposure to the sub-prime mess is minimal. I will believe that statement by Merrill when they report future earnings, but I’m skeptical to say the least. Fueling the [...]
The fallout suffered by the likes of Citigroup and Merrill Lynch are only just beginning as the sub-prime mortgage implosion continues. The losses being reported by wall street banks are nothing short of astonishing and have directly caused the resignation of CEO’s Chuck Prince (Citigroup) and Stan O’Neal (Merrill Lynch). So far, some of the largest banks have reported the [...]
Amway UK announced recently that it is being taken to trial by government authorities because of the way that ABO’s (Amway Business Owners) were promoting the business opportunity. In response to early criticism from the government, Amway UK instituted its own moratorium on signing up new distributors and did not renew the contracts of some very high level ABO’s who [...]
A Kent county judge ruled today that former IBO’s in the TEAM training organization did not violate an earlier restraining order issued by Quixtar. Alticor/Quixtar/Amway accused the TEAM leadership of continuing to use proprietary company information, but the judge said the company failed to make a case. [tags]alticor, amway, team, quixtar, orrin woodward, chris brady, shaun carter, team of destiny, [...]
There are currently 13 websites that possess the illustrious PageRank level of 10. Five – .com Five – .gov Two – .edu One – .org The List: Google.com Whitehouse.gov W3.org Adobe.com Web.MIT.edu Energy.gov NSF.gov Real.com FirstGov.gov Partners.Adobe.com Macromedia.com USA.gov MIT.edu [tags]google, pagerank, perfect, edu, com, gov, org, shaun carter, pr10[/tags]
It’s really sad to see what the world is coming to these days. A 13 year old girl from an Illinois middle school was recently given two detentions for hugging her two friends goodbye for the weekend. The school cites their policy banning public displays of affection, but this just goes too far. Society is trying to turn kids into [...]
The more information the government has, the less privacy we enjoy as a nation. There is a valid argument for limited privacy in certain situations to ensure national security, but one has to wonder what would happen if the government were to begin agreements with tech outfits like Google and Microsoft who have an enormous amount of data about many [...]
A very interesting tool to use for monitoring all of the backlinks coming into your website or blog is Backlink Watch. The great thing about Backlink Watch is that it not only shows you where your links are coming from but also displays each site’s PageRank as well as whether the link is do-follow or no-follow. Whether a link is [...]
There has been a significant amount of chatter on the Internet about the recent Google PageRank update and I have been voraciously reading as many posts and theories about it as possible. Everyone seems to have their own opinion about what Google is doing and why, but nobody can argue that the effect was quite chilling and far reaching. Google [...]
