Friday, November 21, 2008

CitiGroup Disintegrating?

Most companies would not be able to withstand a net loss of 21 billion since the mortgage crisis but CitiGroup is still kicking. There were rumors that the company may be up for sale, however, Vikram assured all associates that the company has no plan to do so. Perhaps the rumors were intentionally leaked out to the WSJ so that stock prices might rise - which it did.. temporarily.

Thursday, the stock fell 26% to $4.71 - lower than it's been in over 10 years despite Alwaleed Bin Talal's (Saudi royalty) offer to raise his stake in the company to 5%. Depressingly enough, stocks fell below $4 on Friday morning.

Is Smith Barney going elsewhere?

The Unemployment Extension Act of 2008 - Passed

Bush signed the Unemployment Bill into Law. Government assisted benefits have been extended for 7 weeks in all states. To states that have an unemployment rate of 6% (on average 3 months) or more - an additional 13 weeks... totaling 20 weeks. *Currently, Arizona missed the cut off - it averages at 5.9%* Obviously, this benefit is obtainable only if you lose your job through no fault of your own and you must be seeking work. States determine how much you recieve or if you even qualify. It takes approximately 2-3 weeks to file.

Tuesday, November 18, 2008

Return of the Inmate

Kentucky inmate, Chad Toy (20), happened to escape jail (not premeditated - a door was left open breifly and chose to take that opportunity to escape) successfully. After mere hours, Toy decides to return to jail and apologizes for fleeing.

I'm curious - if you happened to seize the opportunity and ran from the confines of prison, would you return?

World of Warcraft Addiction

In June 2005, it was reported that a four-month-old South Korean child had suffocated due to neglect by her parents, who were reportedly at a nearby café, playing World of Warcraft.
In August of that year, the government of the People's Republic of China introduced an online gaming restriction limiting playing time to 3 hours, after which the player would be expelled from the game. In 2006, it changed the rule so only citizens under the age of 18 would face the limitations.

I would be a sad panda if I lived in China.

Friday, November 14, 2008

The Daniel


Super excited for Quantum of Solace but reviews suggest that one should watch Casino Royale again to remember the exact storyline. Critics say that this movie isn't a stand alone but literally an extension of Casino Royale.


On a different note, however related, Daniel Craig - so unbelievably attractive despite not having naturally beautiful features. Confidence and swagger exudes the man candy.