Former Tyco CEO Works for a Dollar a Day

 

CNBC- Imprisoned ex-Tyco CEO speaks Nov. 13:
Video Interview Here
Convicted former Tyco CEO Dennis Kozlowski talks about how he is dealing with life behind bars on CNBC. Used to making $100 million a year, Dennis now earns $1 a day for doing jobs like laundry, cleaning, and teaching other inmates basic math.

 

U.K. Union Says ‘Tata, Ford’

Forbes- 11.22.07, 11:50 AM ET

Amid a global acquisition spree, India’s Tata Group seems to be building favor with employees abroad. The company’s potential bid for Ford Motor’s Jaguar and Land Rover units now has the backing of the global automaker’s British union.

Will Indian brands like Tata ever win some of the share of the U.S. car market pie? Share your thoughts.

Facebook Ad Platform, 100 Years Got Me This?

As many already know, Mark Zuckerberg made a dramatic statement during his speech during a New York press conference stating “The next hundred years will be different for advertising, and it starts today.” “It” of course referring to facebook’s new social targeting ad platform rightfully titled social ads. I have personally used the ad platform and I am modestly satisfied at best with the results. The ad targeting platform uses user’s social preferences, organizations and user generated content to trigger keywords that advertisers bid for to display ads in profiles with related content.

Do you think facebook’s social ads could ever be a bigger money maker than google’s adwords? Share your thoughts.

Has the Amazon Kindle Already Dwindled?

Techcrunch- Michael Arrington. 11/21/2007

The Kindle can be given some slack since web browsing isn’t its core function. But web browsing on the iPhone isn’t the key feature of that device, either. Amazon just didn’t design a good device (the user interface, keyboard and screen are all very flawed), and they had all the time in the world to get it right. Hopefully v.2 will be an improvement.

DP World Sells $5bn in Bid for Middle East’s Biggest IPO

Aljazeera- WEDNESDAY, NOVEMBER 21, 200714:26 MECCA TIME, 11:26 GMT

Dubai has sold $4.96bn of shares in port operator DP World in theMiddle East’s biggest initial public offering (IPO).The emirate’s sale of 23 per cent of shares in the company valued the world’s fourth-largest container handler at $21.58bn.

With the takeover of British port operator P&O last year for $6.8 bn and DP’s aggressive operating expansion at the rate of 9.8% per year, will the Gulf shipping barons dominate the seas? Voice your thoughts.

Adapting Finance to Islam

New York Times- WAYNE ARNOLD. Published: November 22, 2007

Big banks, including Citigroup, HSBC and Deutsche Bank, as well as financial capitals like London, Tokyo and Hong Kong, are all going into the Islamic banking business. An estimated 300 Islamic financial institutions hold at least $500 billion in assets, an amount that is increasing more than 10 percent a year.

Is Islamic banking a phenomenon that could ever catch on in the western world?
“This is an industry on its way from a niche industry to becoming a truly global industry,”

Google’s shares may hit $900 says Credit Suisse

Bloomberg - Jeff Kearns. November 21, 2007 03:46 PM

Google Inc. may climb to $900 in the next year, according to Credit Suisse Group, which said the world’s most popular Internet search engine will expand its share of the market for mobile device and Web display advertising.

Credit Suisse’s share-price forecast for Google is the highest among the 37 brokerages that rate the stock, according to Bloomberg data.

How high do you think Google’s share will hit?