Business

Ars Technica reports that a pending
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The Fed meets today with an agenda many believe will lead to another interest rate cut, possibly down to 2%. The Associated Press reported Sunday on the special lending program to try and re-energize mortgage backed securities that are languishing on bank’s balance sheets: The Fed said it will lend as much as $200...
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Google’s Google Apps and the ready availability of broadband internet service makes “distributed computing” seem closer than ever. I’ve always liked having a PC with plenty of power and memory, but to be honest, I know plenty of people who never use 1/10th the power and memory for the applications they actually use. Sure,...
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Stats are like mushrooms; they always pop up, but you never know if they are OK … or poison. CEO pay is roundly criticized, with folks like the AFL-CIO lamenting that the S&P 500 CEOs made an average of $15.06 million in total compensation in 2006. But, as usual, the dramatic stats might just...
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Peering under the hood of the sub-prime loan crisis, we find a tidbit courtesy of Howard Audsley, Missouri farm appraiser at modirt.com: If you have read my previous blogs, I have outlined a few things that went wrong in the subprime and general residential markets that lead to the problems. Well, it now appears...
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