Saturday, January 23, 2010

Billionaire Superhero 'Tony Stark' in the upcoming "Iron Man 2" this May

Movie Synopsis

Paramount Pictures and Marvel Entertainment present the highly anticipated sequel to the blockbuster film based on the legendary Marvel Super Hero "Iron Man", reuniting director Jon Favreau and Oscar nominee Robert Downey Jr. In "Iron Man 2", the world is aware that billionaire inventor Tony Stark (Robert Downey Jr.) is the armored Super Hero Iron Man. Under pressure from the government, the press and the public to share his technology with the military, Tony is unwilling to divulge the secrets behind the Iron Man armor because he fears the information will slip into the wrong hands.

USA Today preview: "To continue to savor Downey's distinctive reinvention of a comic-book crusader while checking out comeback-kid Rourke's whip-snapper of a villain." 1/22/10

Iron Man 2

What does the length of your finger say about you?

Friday, January 15, 2010

Indian billionaire bids for Metro-Goldwyn-Mayer (MGM)

Reliance's Ambani expected to bid for MGM

Anil Ambani, the Indian billionaire, is expected to bid for Metro-Goldwyn-Mayer (MGM), the iconic but beleaguered Hollywood studio.

MGM, whose hits have included Ben Hur, the Wizard of Oz and Gone With The Wind, has put itself up for auction after struggling to service debts of $3.7 billion (£2.27 billion), the legacy of a 2005 leveraged buyout.


Saturday, January 9, 2010

Billionaire investor Chanos says to short China Inc.

Contrarian Investor Sees Economic Crash in China

NY Times article

Saturday, January 2, 2010

Tiger Woods costs shareholders $12 billion

If you own stock in AT&T, American Express or other companies, Tiger Wood's extramarital affairs has already cost you if you hold stock in a company he sponsors or a mutual fund that holds stock in those companies.

"Total shareholder losses may exceed several decades' worth of Tiger Woods' personal endorsement income," said Victor Stango, a professor of economics at the University of California, Davis and co-author of the new definitive study on the subject.

Professor Stango examined stock market returns for the 13 trading days that fell between Nov. 27, the date of the car crash that ignited the Woods' scandal, and Dec. 17, a week after Mr. Woods announced his indefinite leave from golf. He compared the stocks to the total market and to competing stocks, plus they looked back four years to get a sense of how the stocks have historically done in comparison to the market and to competitors.

Tiger Woods is now a drain on capitalism itself (sorry to say)!