There are still some
smart people left on Wall St. Hedge fund manager, John Paulson, made a cool $15B for his fund as the housing market imploded. His cut? $3-4B. Not too shabby for a year's worth of work.
[more inside]
posted by blahblah
on Sep 26, 2008 -
45 comments
The wild risks, unexpected niches, and day-in-day-out grind behind making a dollar in New York...for everyone from a drug dealer to Goldman Sachs.
The Profit Calculator, New York Magazine article.
posted by nickyskye
on Jun 7, 2007 -
14 comments
The Arctic National Wildlife Refuge's 19 million acres comprise one of the last places on earth where an intact expanse of arctic and sub arctic lands remains protected. Drilling in the Arctic Refuge can't make even a small dent in meeting America's energy needs. U.S. Geological Survey scientists estimate that there is very likely only enough oil to supply America's needs for six months. And oil companies admit that, even that, won't be available for at least 10 years.
An irreplaceable natural treasure, the Arctic Refuge is home to caribou, polar bears, grizzly bears, wolves, golden eagles, snow geese and more. Millions of other birds use the Arctic Refuge to nest and as a critical staging area on their migratory journeys.
The Arctic Refuge supports more than wildlife. For a thousand generations, the Gwich'in people of Northeast Alaska and Northwest Canada have depended on it and lived in harmony with it. To them, the Arctic Coastal Plain is sacred ground.
Yet where God
sees life,
Republicans see
black profit by adding
Alaskan drilling to
upcoming legislation.
posted by Mean Mr. Bucket
on Mar 15, 2005 -
91 comments
Spoils of War This op-ed piece in The New York Times (free reg req'd) follows the path of money into who is getting what now that the reconstruction phase is about to begin. Might have called this piece: More than Oil.
posted by Postroad
on Apr 10, 2003 -
20 comments
"By removing both costs and the barriers, weblogs have drained publishing of its financial value, making a coin of the realm unnecessary. A lot of people in the weblog world are asking
"How can we make money doing this?" The answer is that most of us can't." Though he finally admits: "Right now, the people who have profited most from weblogs are the people who've written books about weblogging."
posted by zenpop
on Oct 5, 2002 -
27 comments
J.K. Galbraith shocked at scale of corporate failures. "I can only say I hadn't expected to see this problem on anything like the magnitude of the last few months – the separation of ownership from management, the monopolisation of control by irresponsible personal money-makers." Myself and
chrispy came to the same conclusion on the drive home from the resolutely un- (rather than anti-) corporate
Glastonbury Festival today. Profit is valued and rewarded by the vast majority of corporations above all else. As a consquence, people with the same values dominate executive positions, to the exclusion of those with more 'humanitarian' or longer-term outlooks. Where is the balance? Should we make hippie non-exec directors compulsory? Or should I just go back to bed and let the drugs wear off???
posted by barnsoir
on Jul 1, 2002 -
9 comments
Whatever Next? Amazon Makes A Profit! Having lost $3 billion so far, Amazon Books has just posted its first-ever profit of $5 million. Perhaps it was thanks to the new
machines they bought to replace more workers.(
this last link req. NYT reg.) How would
you spend it if you were Jeff Bezos? And what does it mean: has the tide turned or not?
posted by MiguelCardoso
on Jan 22, 2002 -
27 comments
Amazon dead by Mar 19, 2001 Just thought you like to know the exact time of death of Amazon.com That's according to Downside's Deathwatch is a cash-flow analysis. The death date is simply the day the company will run out of cash, based on their reported liquid assets and loss rate. When the cash runs out, something bad for stockholders has to happen.
posted by lagado
on Oct 23, 2000 -
31 comments
