Archive

Posts Tagged ‘money’

Three women charged with using local PTA in Ponzi scheme

July 7, 2011 Leave a comment

The headline:  3 Calif. moms accused of using PTA in Ponzi scheme

The link: http://news.yahoo.com/3-calif-moms-accused-using-pta-ponzi-scheme-202745915.html

The summary:  Three women are being charged with 22 felonies including securities fraud and grand theft after they used their local PTA and its members to build a $14 million dollar Ponzi scheme.

The reaction:  $14 million!  What the hell kind of PTA is this?

This must’ve been a wealthy school district to build this thing up to $14 million just using their local PTA.  Even though it seems obvious I can’t believe how many people still fall for these “can’t lose” schemes.  There’s NO INVESTMENT OUT THERE that let’s you earn 100% with no risk!

Advertisements

NFL’s Roy Williams sues ex-girlfriend over engagement ring

July 7, 2011 Leave a comment

The headline:  NFL receiver Roy Williams sues ex-girlfriend for $76,600 ring after proposal rejected

The link: http://www.nydailynews.com/news/national/2011/07/07/2011-07-07_nfl_receiver_roy_williams_jr_sues_exgirlfriend_for_76600_ring_after_proposal_rej.html

The summary:  Dallas Cowboys wide receiver Roy Williams is suing his ex-girlfriend, Miss Texas 2009 Brooke Daniels, for a $76,000 engagement ring he gave her prior to the end of the relationship.

The reaction:  I love this story!  Instead of getting down on one knee, Williams sent Daniels a package in the mail that included the ring and a recorded message asking her to marry him.  What a Romeo!

Williams is a notoriously cheap guy (he reportedly doesn’t tip pizza delivery guys) but wanting a $76,000 engagement ring is at least a little more understandable.

91 year old woman selling suicide kits

April 28, 2011 2 comments

The headline:  The 91-Year-Old Woman Selling Suicide Kits

The link:  http://news.yahoo.com/s/dailybeast/13734_suicidekitsthe91yearoldwomansellinginstantdeathontheinternet

The summary:  A 91 year old San Diego woman is selling suicide kits complete with a plastic bag to cover your head, a small helium tank and a plastic tube to connect the two for about $60 on the internet.

The reaction:  I give her credit for her entrepreneurial spirit but something about this whole idea strikes me as slightly macabre.

Charging somebody $60 to essentially give them the means to kill themselves doesn’t sound entirely appropriate.  Money aside, isn’t there something of a moral issue involved with profiting off of this?  I’m all for making money but does this cross the line?

Town hall meeting with Rep. Dan Webster turns ugly (with video)

April 27, 2011 Leave a comment

The headline:  GOP lawmaker Dan Webster’s town hall turns ugly

The link:  http://www.cbsnews.com/8301-503544_162-20057621-503544.html?tag=contentMain;contentBody

The summary:  A town hall meeting with Florida Representative Dan Webster quickly devolved into a shouting match with accusations and name calling after the congressman tried discussing GOP budget plans.

The reaction:  I’ve never really been to a town hall meeting so I don’t know if they all go like this but this seemed particularly heated.  A few times it looked like people in the audience were ready to come to blows.

The federal budget continues to be a very divisive subject and I think we’ll see discussions like this continue.

Boehner to Obama: “Time to grow up”

April 26, 2011 Leave a comment

The headline:  Boehner to Obama: ‘Grow up and get serious’ about debt

The link:  http://content.usatoday.com/communities/theoval/post/2011/04/boehner-to-obama-grow-up/1

The summary:  Speaking to ABC News, House Speaker John Boehner said regarding President Barack Obama, “It’s time to grow up and get serious about the problems that face our country.”

The reaction:  The federal deficit issue is starting to make real enemies out of Republicans and Democrats.

I don’t think Obama and Boehner will ever be best friends but it’s interesting to see how frustrated both sides of the argument are getting with each other.  Republicans continue to push for major spending cuts.  Democrats also want spending cuts but are more particular in what gets cut.

The two sides seem to be ready to work together but this could be a long road ahead.

Facebook launching “Facebook Deals” to rival Groupon

April 26, 2011 1 comment

The headline:  Facebook Deals to debut

The link:  http://content.usatoday.com/communities/technologylive/post/2011/04/facebook-deals-to-debut/1?loc=interstitialskip

The summary:  Facebook announced that it is planning to launch “Facebook Deals” starting in five markets in an attempt to compete with rival web deal site Groupon.

The reaction:  I think it’s just a matter of time before Facebook takes over the world!

This seems like a logical business move for Facebook.  Groupon has become wildly popular for its daily deals that offer 50% off or more on goods and services.  This type of service can fit very well into the Facebook business model and could be a potentially lucrative revenue source.

It’ll start in San Francisco, San Diego, Austin, Atlanta and Dallas.

Bank may be held liable after termites eat through $220,000 in cash in vault

April 25, 2011 Leave a comment

The headline:  Termites eat through $222,000 worth of rupee notes in Indian bank

The link:  http://www.nydailynews.com/news/world/2011/04/25/2011-04-25_termites_eat_through_222000_worth_of_rupee_notes_in_indian_bank.html

The summary:  Termites broke into an Indian bank vault and ate through approximately 10 million rupees – about $220,000 in U.S. dollars.

The reaction:  Talk about having money problems.  That’s a whole lot of cash for rodents to be eating through.

I find it almost comical though that the bank may be held liable.  I guess they’re saying that if the bank knew about the infestation and did nothing about it then they have to eat the loss (no pun intended).