An unexpected side effect of iTunes. Remember Bowie Bonds? Introduced in 1997, bonds tied to future profits of music artists (besides Bowie, James Brown and the Isley Brothers offered them) tanked with the advent of online filesharing. Thanks to iTunes, some on Wall Street are betting that the Bowie Bond is a concept with a future.
posted on Aug 23, 2005 - View this thread

Anti-PC investing.
Tired of all those namby-pamby "socially responsible" mutual funds out there? Me too. That's why I'm putting my money in the Vice Fund, the first socially irresponsible mutual fund. It started trading today, investing in companies that benefit from smoking, drinking, gambling and defense spending.

"It is our philosophy that although often considered politically incorrect, these and similar industries and products...will continue to experience significant capital appreciation during good and bad markets. We consider these industries to be nearly 'recession-proof.'"

"Morally Responsible" mutual fund firm blasts WalMart for displaying Cosmo
The Timothy Plan is launching a national campaign to get WalMart to take "soft-core pornography" like Cosmopolitan off its checkout shelves, or wrap them in opaque covers like Playboy. The group alleges that Cosmo and magazines like it are part of a "slippery slope. It's the initiation to hard core pornography, child molestation, bestiality and worse."
posted on Aug 15, 2002 - View this thread