In corporate news, Warren Buffett said he's leaving the board of Coca-Cola, having had all he needed to wash down his cheeseburger in paradise. No truth to the rumor that he's going to join Pepsico "because they're brown and bubbly, just like me."
Buffett buddy Bill Gates made $300 million last week by selling some Microsoft shares and introducing a new operating system whereby he simply takes your wallet and punches you in the face. Meanwhile, the new boss at Toys 'R' Us outlined the company's strategy, which includes diversification, cross-marketing, and rediscovering lost innocence via a steady diet of mind-numbing, government-approved pharmaceuticals. Ooooh, look at the shiny toy. Speaking of drugs, Genentech introduced a new treatment for cancer which costs $100,000 year. It's so expensive because the company bet Wayne Gretsky's wife it can out-gouge Exxon. It was widely reported that Carl Icahn increased his stake in ImClone Systems. Glad we're being kept informed of his every move. Let me know when he's scratching his behind, so I'll know when to scratch mine. CBS chief Sumner Redstone's son is suing him, and the network hopes to copy the success of Fox TV's hit, The Murdoch Family Circus. Starbucks stock fell 2.6%, prompting a bellowing voice to intone: "Fine. Enjoy our new triple mocha latte -- because unless our stock rises, we won't provide the antidote. You'll caffeinate in hell!!!" Former HealthSouth CEO Richard Scrushy asked a judge to throw out the case against him since his lawyers were tricked into revealing his strategy, which happens to be "get tricked into revealing my strategy then ask judge to throw out the case." In other scandal news, Refco was accused of operating a Ponzi scheme, which means it hung around Arnold's drive-in with Ralph Malph and Ritchie Cunningham. Lawyers admit it might only be a Chachi situation or a Mr. C. scenario. Finally, a new outsourcing study suggests that high-level jobs will soon leave to countries with better education systems. They may be smarter, but we'll always be the best eaters! No one out-fats us! U.S.A! U.S.A!- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.10 | 2,180.05 | 34.87 |
Oil *
73.13
|
|
DOWN
132.86
|
DOWN
13.08
|
DOWN
26.86
|
DOWN
1.09
|
10 Yr
3.49%
SPDR Gold
107.53
|
|
-1.27%
|
-1.18%
|
-1.22%
|
-3.03%
|
Data delayed 20 minutes |














