Thursday, October 3, 2013

Mark Cuban can't remember Jack




The CEO of Mamma.com told billionaire Mark Cuban that the company planned to sell more shares to the public which would dilute the value of Cuban's stake.

"I was upset," Cuban testified Thursday in court in Dallas. But he said he couldn't remember anything else that would help prosecutors convict him.

Wednesday, October 2, 2013

$1 billion of car sales

Investors with 5% of Microsoft Stock Suggest Bill Gates Leave As Well

Three Major Microsoft Investors Call for Bill Gates to Step Down


Billions of ..... people!!!

NEW STUDY: 
World population to reach 9.7 billion by 2050


A report by the French Institute of Demographic Studies projected there would be 10 to 11 billion people on the planet earth by the end of the century.

Monday, September 30, 2013

The insider-trading case against Mark Cuban goes to trial


The insider-trading case against Mark Cuban goes to trial


The billionaire owner of the Dallas Mavericks, Mark Cuban, goes to trial where he is accused of using insider information sell stock in an Internet company in 2004 before the shares fell dramatically. Cuban avoided $750,000 in losses to live the lifestyle he is accustomed to living in the Big D.



Friday, September 27, 2013

A Twitter Billionaire?

Who's Going to Be a Twitter Billionaire? (via Bloomberg TV)

Sept. 26 (Bloomberg) -- Bloomberg's Doug MacMillan reports on Twitter backers that stand to gain from an IPO. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Thursday, September 26, 2013

Billionaire Philanthropist Bill Gates Tells the World Ctrl-Alt-Del was a Mistake


At a recent fundraiser at Harvard, Microsoft co-founder Bill Gates, admits that the keyboard shortcut Ctrl-Alt-Del was "a mistake." One button would have done the trick.

Thanks Bill. We appreciate the update.

But, wait. He pasted the blame on to the guy from IBM who designed the keyboard who has confessed to the thoughtlessness. Thanks IBM.

So to conclude, it was "a mistake" - not a bug or a feature.

Wednesday, September 25, 2013

Billionaire Boys Club Men's Tee

Billionaire Boys Club Men's Diamond Tee Large Blue



Billionaire Boys Club Men's Diamond Tee Large Blue

Carl Icahn tweets a love note to Ben Bernanke

Tuesday, September 24, 2013

Billionaire Lynn Tilton

Billionaire Lynn Tilton on Starting Her Company | WSJ Startup of the Year (via Wall Street Journal Digital Network)

Lynn Tilton founded Patriarch Partners, LLC in 2000 and now manages more than 75 companies with revenues exceeding $8 billion. "This business really started with a mission orientation. I really wanted to come back and prove that making money and making…

Monday, September 23, 2013

Billionaires: Welcome to Puerto Rico

Puerto Rico, Billionaire Haven: Paulson Makes Move (via Bloomberg TV)

Sept. 23 (Bloomberg) --- Billionaire hedge funder John Paulson has just bought the seven star St. Regis Bahia Beach resort. This purchase may mark the first step in Paulson becoming a central figure in the Puerto Rican business world. Bloomberg Television…

Friday, September 20, 2013

Socialist Billionaire Warren Buffett Mouths Off at Georgetown






Speaking at Georgetown University's Business School alongside with crony capitalist CEO Brian Moynihan, Warren Buffett has some rules millionaires and billionaires.

First: The "rich must learn to live on $500 million" and donate the rest.

Got that? The new Buffett rules. They apply to everyone else expect old Warren himself. See you at the country club Warren.

Wednesday, September 18, 2013

Aged Canadian Billionaire Mouths Off Against the US Dollar

Good old Ned Goodman, aged 75, billionaire CEO of Dundee Corporation mouthed off this week against the US Dollar effectively saying nobody wants it anymore.

Heavily invested in precious metals and natural resources, Ned isn't bullish at all on the greenback despite its very nice recent rise against the Canadian Dollar. Economists expect the US Dollar to appreciate this year against the looooooonie.

Good old Ned warns us that:  "during this period, it is likely to get quite ugly...."

Ugly? Like the lack of recent success of Canadian teams with the Stanley Cup?