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
Billions of ..... people!!!
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.
Tuesday, October 1, 2013
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?
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
Carl Icahn tweets a love note to Ben Bernanke
Our country has been lucky over its history that it has had the right people to call on in a crisis. It’s sad to see Bernanke go.
— Carl Icahn (@Carl_C_Icahn) September 24, 2013
Tuesday, September 24, 2013
Billionaire Lynn Tilton
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
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.
Thursday, September 19, 2013
Wednesday, September 18, 2013
Aged Canadian Billionaire Mouths Off Against the US Dollar
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?





