Japan’s NHK reporting that the incredibly bad investment deals Olympus made, were influenced by a U.S. financial advisory company.
The company was created in 1997 by former Japanese stock brokers. The company charged Olympus outrageous mediation fees for their advise on taking over other companies. Reports say at least U.S.$687 million in mediation fees were […] Continue Reading…
“Despite the county’s best efforts, these negotiations have not produced a deal that fairly treats the county and its citizens, and there is no reason to believe that further out of court negotiations will lead to a fair, acceptable result.”-David Carrington, County Commission President
On November 10, Jefferson County, in Alabama, filed […] Continue Reading…
News of who the new Greek and Italian Prime Ministers are, has calmed European stock markets, mainly ’cause these guys are part of the corporate team.
In an earlier posting I postulated that the European debt crisis is part of a plan by the Corporate World to take over Europe (it’s too late for the […] Continue Reading…
Eight months after the March nuclear disaster at Fukushima Daiichi, Japanese food producers continue to find their latest crops contaminated.
In Tochigi Prefecture, about 120 kilometers (74.5 miles) from the Fukushima Daiichi nuclear power plant, the local mushroom harvest is contaminated with cesium.
The prefectural government did their own test, and found 649 becquerels of radioactive […] Continue Reading…
The latest revelation about Japanese camera maker Olympus is that they lost most of their money in what looks like a deliberately stupid stock buy back program.
On November 8 it was revealed that Olympus has been almost broke since the late 1990s, and was cooking their accounting books. Now we have an explanation of […] Continue Reading…
“We’re expecting something as early as Christmas, or very early in the New Year.”-unnamed British Foreign Office source
The British media outlet Daily Mail has been publishing what they claim are leaked details of the coming attack on Iran, by Israel, United Kingdom and the United States.
On November 2 they published an article that […] Continue Reading…
“I wish somebody had come to us, you know, in the months before all of this happened and said, look, you really, really should look at a short sale or taking any other option other than foreclosure.”-Ben Jensen, Idahoan who lost home to foreclosure and was still sued by Bank of America
Did […] Continue Reading…
“This is a storm of epic proportions. We’re not out of the woods with this.”-Jeff Osiensky, National Weather Service
A storm as strong as a category 3 hurricane/typhoon hit the coast of Alaska the night of November 9. Anchorage saw ocean surge of 10 feet above normal. The last time a similar storm hit […] Continue Reading…
Coeur d’Alene Mayor Sandi Bloem was shocked to learn that her jewelry store is being sued for more than $80,000.
Panhandle State Bank says the lawsuit is over a $75,000 loan made back in 2005. Bloem says she was in the process of renegotiating the loan, and never had any indication the bank was going […] Continue Reading…
“I would go to China at age 19 and start my company there. It’s a much better environment.”-Michael Dell
That’s what founder and CEO of Dell computers reportedly told PBS interviewer Charlie Rose, after being asked about doing things over.
Like Steve Jobs, Michael Dell is a college drop out, who went on to build a […] Continue Reading…