"The very design of the federal assistance to A.I.G. was that tens of billions of dollars of government money was funneled inexorably and directly to A.I.G.'s counterparties." A necropsy of the AIG deal, in the NYT. Spoiler: we lose. (lifted from Mitch Kapor)
AIG necropsy: taxpayer billions, direct to their pockets.
McDonald's goes after Starbucks with new CosMc's coffee shop
Today, McDonald's CEO Chris Kempczinsk announced the pilot launch of CosMc's, a coffeeshop that they seem to think could compete with Starbucks. "What would happen if a McDonald's character from… READ THE REST
U.S. retailers admit they lied about shoplifting, again
The circle of life. Stores fail for complex reasons ā retailer quietly posts accurate analysis of its own mistakes ā retailer loudly posts press release blaming shoplifters and gangs ā… READ THE REST
Former Abercrombie & Fitch CEO, facing sex trafficking claims, sues his old company
Mike Jeffries, former CEO of Abercrombie & Fitch and presiding king of botched facelifts, is suing the company for failing to pay his legal fees after he was accused of… READ THE REST
Treat the culinary master in your life with this exclusively-priced set of knives for $89.97 this holiday
TL;DR: Every passionate home cook or aspiring chef needs a knife set that can handle every cutting task. Save 64% off on this 5-piece knife set made from Damascus stainless steel today… READ THE REST
Give your fingers a break & eliminate hand cramps with this $9.99 Bluetooth Remote Control
TL;DR: Glide through apps, take pics, and zoom through pages with the Bluetooth Remote Control for only $9.99 (Reg. $19) and save nearly $10. Has your thumb been crying out for help? Carpal… READ THE REST
Give the gift of knowledge & power with a lifetime subscription to Babbel Language Learning for only $149.97
TL;DR: The Babbel Language Learning Lifetime Subscription (All Languages) is the perfect gift for the frequent traveler, student, or person interested in self-improvement, and it's only $149.97 (Reg. $599) until 11:59 PM on… READ THE REST
