Here are more song parodies (see my previous post) to try to bring a smile to those of you upside down in your mortgage (or upside down in your Capital One and Countrywide stock): From a Colorado mortgage company grunt, the appropriately named Rocky M (talk about smiling through the pain), called 'Green Tree Beret" and sung to the "Green Beret" theme:
So is my headline true? Not really. But bloggers out there are having a field day with the Countrywide situation, capturing the mortgage mayhem in ways more creative than any no-doc, no money down, 120% Alt-A pay-option mortgage. From paper-money.blogspot.com, come the following song parodies from "Anonymous" (I promise it's not me. I'm not that clever. Not even Fake Jane is that clever.
Thirty years ago, I was in Las Vegas. My stepmother took me to see Ann-Margret at The Hilton and I remember our waitress telling us that Elvis was the only one who could consistently pack the room. It was strange that he passed away the next day. On this, the 30th anniversary of the King's death from overdosing on prescription drugs, the stocks of the companies that make prescription drugs are having a very dark day.
The Olympics is a failsafe for attracting advertisers to the NBC (sister company of CNBC) coverage, though the upcoming Olympics in Bejing may come with its own problems. Aready folks like Mia Farrow and Steven Spielberg have voiced concern over holding the Olympics in a country with such a poor human rights track record. But it's the Olympics after Bejing that may prove a disappointment.
You can almost hear it through the fog if you listen very closely. The spinning blades of a wind turbine being turned by the winds of change. "This project particularly represents a paradigm shift for American business." So says Kevin Schulte, a Vice President and "wunderkind" of Sustainable Energy Developments. The turbine we're looking at was made by GE, the plan to install it and make it work belong to Schulte, but the "paradigm shifter" is someone else. His name is Brian Fairbank.
I love the way press releases are written. Here are two very different ones. First, the press release making the biggest stretch: REESE'S® PEANUT BUTTER & BANANA CREME CUPS PAY TRIBUTE TO ELVIS PRESLEY. This is promoting--ok, I'm not kidding--new "Collector Edition Reese's Elvis cups" which feature "the unique flavor combination of peanut butter and bananas made famous by Elvis' love of peanut butter and banana sandwiches, a Southern favorite." COLLECTOR EDITION? Look for them to be bid up like crazy on eBay!
Warner Music Group--as one of the world's largest recording companies--is a pretty good leading indicator for the embattled music industry. With its fiscal third quarter loss growing to 17 million from 14 million last year, let's just say, there's not much hope for the CD business-- new releases aren't selling as well as they used to, and sales are dropping off much faster in following weeks than they ever did before.
Warner Music Group, one of the world's largest recording companies, said Tuesday its fiscal third-quarter loss widened as more people bought digital music, rather than CDs.
Where do you think you find magic? I found it in Rapelje, Montana. Rapelje is an hour or so northwest of Billings. The population is 73 at last count, and that's an increase of six or so in the last year. It has from the beginning been a farming community, and like so many others in the U.S. it has been on the decline. One farm family at a time giving up, moving away, or being bought out by the bigger operators.
British music group EMI, which has agreed to a 2.4 billion-pound ($4.9 billion) takeover by private equity firm Terra Firma, said on Monday its first-quarter revenue fell 5.1% at constant currencies.
CBS announced second-quarter earnings that disappointed on the top line, beat expectations on the bottom line, and landed flat with growth-hungry Wall Street. Revenue disappointed--down 3% to $3.37 billion on a loss of TV revenue from shutting down UPN and the timing of the NCAA basketball tournament.
It's not a word I think of often or use much: impresario. But it is the word that came to mind about 1 minute into my conversation with Bob Sillerman. Sillerman is the CEO and Chairman of CKX, the NASDAQ-traded--for now--company that owns "American Idol." Next time you watch it, even if you say you don't, hang around to the very end. You'll see the little logo 'CKX'. Of course you also saw it, if you were able to make it to the end, on the Victoria Beckham (Posh Spice) 'special' on NBC recently.
What do Neil Young, Clark Gable, Andy Devine, Bruce Willis, Johnny Depp, Geena Davis and Jay Leno all have in common? The jacket on their back. The leather jacket. Benicio Del Toro owns 5 or 6. Those are the names of just some of the high profile folks that have worn or owned a Langlitz leather jacket.
With all the talk about the “Fake Steve Jobs” at www.fakesteve.blogspot.com, (including on this blog), followed by the "Fake Gene Munster," the Piper Jaffray analyst who covers Apple, at www.fakegene.blogspot.com (Jim Goldman alerted us to this one yesterday), it seems to me all the attention goes to the fakes. So, what if there was a “Fake Jane”? I mean, I’m kinda fake already, but what about someone pretending to be me--an evil, bitter, insecure version of me? Ok. Me.
Private equity firm Terra Firma Capital set one last deadline on its 2.4 billion pound ($4.9 billion) offer for EMI Group on Friday after reporting that more than a fourth of the music company's shares now backed the offer.
There's no question that CD sales growth is in a sad, sad decline. But Disney's not letting go so fast. Its Hollywood Records is launching today a new format called CDVU + (plus), which has much more memory than any current enhanced CD.
British music group EMI urged its shareholders on Wednesday to start selling to private equity group Terra Firma after long-term suitor and rival Warner Music Group finally ruled out a counterbid.
Whoever writes www.fakesteve.blogspot.com says he (she?) isn't the Apple CEO, he just plays him on the internet. The true author is the object of much speculation inside the tech circle. The only clue we have is that "Fake Steve" claims he (she??) "invented the friggin iPod," a jab at the real Steve Jobs. On the blog Fake Steve rips on everyone.