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PUBLIC MARKS from bacon with tag billion

February 2009

British ID Program, Biometric high-tech cards forgets to buy card readers!

Yet another epic fail on this whole ID card issue. Even the idea is controversial, and with the economy in its current state, spending £4.7 Billion looks even more ridiculous. One could just as easily argue that there is no point in spending money on ...

January 2009

Failure is always rewarded; Chrysler receives $4 billion

Failure is always rewarded at the top of the pyramid. It looks as if Chrysler has its first bailout. It will be asking for another in the near future. 4 billion dollars is pretty good. So far all they have had to do is stop flying around in their priva...

December 2008

Reason behind $50B Bernard Madoff's Ponzi Scheme!

A Ponzi Scheme is fairly simple to understand. There are no underlying assets. Instead, the investment from new investors is used to pay off old investors. This could also be the final nail in the coffin in the hedge fund “industry” as anyo...

Report on Yahoo-Microsoft talks: Jon Miller and Ross Levinsohn may leads the firm!

This deal sounds like it would give Microsoft the right from day one, through a call option, to pay $20B & then keep *all* search revenue generated on Yahoo properties. (In the meantime until the option was exercised Microsoft would provide search ...

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