Create an Account
username: password:
  MemeStreams Logo

It's always easy to manipulate people's feelings. - Laura Bush


Picture of Decius
Decius's Pics
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Decius's topics
   Sci-Fi/Fantasy Literature
   Sci-Fi/Fantasy Films
   Electronic Music
  Finance & Accounting
  Tech Industry
  Telecom Industry
  Markets & Investing
Health and Wellness
Home and Garden
Current Events
  War on Terrorism
  Cars and Trucks
Local Information
  United States
   SF Bay Area
    SF Bay Area News
  Nano Tech
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
   Intellectual Property
  Computer Security
  High Tech Developments

support us

Get MemeStreams Stuff!

Current Topic: Business

Prisoners of K Street
Topic: Business 1:09 am EST, Nov 12, 2002

] "In an April 3, 1999, interview with The Economist,
] legendary investment guru Warren Buffet worried that
] politicians are waking up to the true monetary worth with
] which they are imbued by Washington’s influence over the
] economy. He foresaw that business people would be forced
] to devote increasing time and resources to dealing with
] the government, and, further, that this would create
] pressures toward plutocracy. The richest companies would
] buy the most political favors, which would produce more
] wealth, and so on, in a vicious cycle."

Some interesting thoughts on corporate political action.

Prisoners of K Street Keep Your CEO Out Of Grad School
Topic: Business 1:46 pm EDT, Oct  6, 2002

"NEW YORK - Think formal education helps in business? Think again. Chief executives who went to graduate school don't seem to make any more money for their shareholders than those with no advanced degree. MBAs may actually do worse than those with no advanced degree, although they fare better than lawyers. " Keep Your CEO Out Of Grad School

Firms accused of chicanery could get IRS tax break
Topic: Business 3:58 pm EDT, Sep  3, 2002

The slew of companies caught red-handed in this year of corporate sleaze face potentially colossal legal claims, but they may enjoy pleasant reprieves next year — huge tax breaks from Uncle Sam.
The IRS’s conclusion: “The amounts paid by Taxpayer pursuant to the settlement are currently deductible.”
“People are going to be upset when they hear companies can deduct these expenses,”

Hrm, I'm not. Corporations are not people. Corporations do not pay taxes on expenses. The reason for this is that eliminating specific deductions would allow the government to incent corporations to operate a certain way, thus leading to effective centralized economic control. This is a fundamental feature of capitalism. If the agencies that are levying fines don't think that the fines are punitive enough on their own, they should RAISE the fines rather then setting a precident that will lead to central control of the economy.

Firms accused of chicanery could get IRS tax break

An economic pause for 9/11? - Aug. 26, 2002
Topic: Business 9:12 pm EDT, Aug 26, 2002

"A lot of businesses are going to slow," said Morgan Stanley economist Bill Sullivan. "There's going to be lost sales, lost revenues, lost activity."

An economic pause for 9/11? - Aug. 26, 2002

WorldCom finds $2 billion more in errors - Tech News -
Topic: Business 8:02 pm EDT, Aug  8, 2002

"Bankrupt telephone company WorldCom has discovered about $2 billion in additional accounting discrepancies, CNBC reported Thursday, citing sources familiar with the matter. "

Oh, by the way....

WorldCom finds $2 billion more in errors - Tech News -

Business 2.0 - Magazine Article - Printable Version - The Technology Secrets of Cocaine Inc.
Topic: Business 2:40 pm EDT, Aug  7, 2002

Colombian cartels have spent billions of dollars to build one of the world's most sophisticated IT infrastructures. It's helping them smuggle more dope than ever before.

... High-tech has become the drug lords' most effective counter-weapon in the war on drugs -- and is a major reason that cocaine shipments to the United States from Colombia hit an estimated 450 tons last year, almost twice the level of 1998.

... "If they want it, they buy it." ... Recently, the cartels have built their own submarines.

... The mainframe was loaded with custom-written data-mining software.

... Cartel leaders have sent members of their own families to top US schools. The talent and tools are among the best that money can buy.

I've discussed this issue before, and here is a recent article that explains why keeping certain research results out of _Science_ and _Nature_ is not a very effective defense strategy.

If the cartels can spend billions on IT, they can surely do a little biotech on the side. They can use the results to improve their products, and they can also license the technology to others who may lack the necessary research infrastructure.

Business 2.0 - Magazine Article - Printable Version - The Technology Secrets of Cocaine Inc.

(Last) Newer << 8 - 9 - 10 - 11 - 12 - 13 >>
Powered By Industrial Memetics