Freddie Bleeds U.S. DryOh man! Just when we thought the nightmare was finally over, he comes clawing back to terrorize our dreams. No, not Freddy Krueger on Elm Street. We're clearly talking about Freddie Mac ( FMCC.OB) on Wall Street.
JetBlue's Flight RiskTo paraphrase the late great Johnny Paycheck: Hey JetBlue (JBLU)! Take this job and shove it in the overhead compartment! That's essentially what flight attendant Steve Slater told his employer Monday before triumphantly -- and illegally -- deplaning via the emergency exit slide in the wake of a heated argument with an unruly passenger. After allegedly bickering with an uncooperative traveler on a just-landed flight from Pittsburgh to Kennedy International Airport in New York, Slater grabbed a beer from the plane's beverage cart and deployed the aircraft's emergency exit chute as the plane was taxiing to the gate.
Cracked GraniteLet's face it, the Bank of Granite ( GRAN) has been reduced to rubble. The Granite Falls, N.C.-based lender lost $7.5 million, or 49 cents a share in the second quarter, according to a securities filing on Monday. Unfortunately, that loss was 66% worse than in the second quarter of 2009 when the bank lost $4.5 million, or 29 cents a share. Shares of the company fell on the news from $1.05 to just below a buck.
Google Not WillkommenGoogle ( GOOG) is once again fighting for freedom in the streets of Germany. We pray they have the will to triumph. The Internet giant was once again attacked by German authorities for its plan to send spy cars packed with cameras around 20 cities for mapping purposes, according to Reuters. The German government announced on Wednesday it will scrutinize Google's promise to respect privacy requests by letting people opt out of its "Street View" mapping system.
Blundering HurdThank you, Mark Hurd. The summer has been more dull than dumb until you and your friends Jodi and Larry came along.