30 January 2006
Donald Trump day!
"The Donald" is all over the news this week. First we learn that he's suing author Timothy O'Brien for $5bn . The lawsuit, filed in New Jersey, seeks $2.5bn in compensation and $2.5bn in punitive damages. Trump also called Trumpnation "irresponsible, malicious and false," claiming in a statement that he is worth at least $2.7 billion. In the book, O'Brien estimates Trump's current net worth at $250 million , a far cry from the billions he's proclaims to the world on "The Apprentice." and the Forbes 400, where he's currently ranked as the 74th richest man in America. O'Brien's argument is apparently based on statements made by anonymous sources close to The Donald, which publisher Warner Books is standing behind.
Next we read a Daily News exclusive, alledging that the The Donald, Rockefeller Group and Ford Models were among the tycoons and huge corporations that received federal 9/11 recovery grants originally earmarked by Congress for small businesses. We wonder if he'll file suit against New Yorks hometown newspaper... story developing
George Soros on the US Economic decline (podcast): Speaking from Davos, Soros breaks down, current world affairs, his thoughts on Iran, Hamas, Oil and the "Bush doctrine". He also explains why he is so worried about the US economy.
29 January 2006
Tiger Woods buys $40 million property
woods and his wife
The 10-time major golf champion, who recently celebrated his 30th birthday has agreed to buy a 10-acre oceanfront estate on Jupiter Island, Florida, for $40 million. Nevertheless, it's doubtful that the worlds most famous golfer will be allowed to join the ultra-exclusive Jupiter Island Golf Club. The Telegraph quotes club secretary Debbie Squires: "There's a long list and membership is by invitation only." One of Tiger's new neighbours, who did not want to be named, thought the chances that Woods would ever be asked to join remote: "No way. They don't want anybody famous." er .. ok, now that really makes sense
18 January 2006
15 January 2006
Sustainable Living
A new prefab development company, "Living Homes" is being launched shortly- a prototype is being built now in Santa Monica. The house has many features that any treehugger would love: green roof, FSC certifed lumber, radiant floors, solar power. And, unlike most other prefabs on the market, these guys have land so you can actually buy a completed house on a real property, near Joshua Tree, CA
13 January 2006
FT index: UK house prices up in 2.7% in 2005 ; market’s rise in 2005 lowest for a decade
11 January 2006
10 January 2006
07 January 2006
Battelle: Thoughts on Google Video Store, and Google Pack: Google is clearly in the process of declaring its position relative to the content industry, and it seems to be this: we will become your distribution sugar daddy. We’ll be Switzerland—allow us to index your content, and when people find it through us, we’ll enable you to sell it.
Introducing Google video: Larry Page: It lets anyone sell video ... the content producers decide what to charge.
06 January 2006
Britons debt £1.13 trillion
- Mortgage repossessions up by 66 percent in the third quarter 2005
- Could soar higher in the face of a interest or unemployment rate rise
- 66,000 people predicted to go bust this year
- Average household debt is £7,650 (exc. mortgage)
- Two-thirds of EU credit card debt is British
- One in five students owes at least £15,000
- 40% of women keep debt secret from partners
- Half of all heavy debtors suffer from depression
02 January 2006
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