AOL Purchases Huffington Post

By: Monday February 7, 2011 7:00 am

America On-Line finally figured out how to pulp all those CDs and turn them into bills, because they just up and purchased the Huffington Post for $315 million.

 

Late Night: The Last Countdown – Olbermann Departure Reaction Roundup

By: Friday January 21, 2011 8:24 pm

Keith Olbermann just signed off MSNBC for good — and already folks are wondering if Comcast is behind this. What do you think?

Breaking: Keith Olbermann Out at MSNBC [UPDATED]

By: Friday January 21, 2011 6:45 pm

MSNBC’s Keith Olbermann has announced his final Countdown program. We’ll add details about this situation as we get them. But the first question has to be: Is this the first action by cable conglomerate Comcast, after the FCC and Justice Department approved their takeover of NBC, in deciding what we see on television?

SEC Inspector General: Yes, Bank of America Got Special Treatment

By: Wednesday December 1, 2010 2:10 pm

The WaPo reports that an SEC Inspector General report shows that the SEC gave Bank of America lenient treatment when it fined BoA for its funny business surrounding the Merrill Lynch acquisition, but did not place limits on BoA’s ability to issue securities that would normally be placed on a firm that violates securities law. The whole thing sort of makes you wonder about what other special treatment BoA has been getting all this time, all in an effort to avoid admitting that it is insolvent. Maybe Julian Assange can help us out there?

American Airlines Jilts its Pilots for a Japanese Mistress

By: Thursday October 1, 2009 5:10 pm

American Airlines has its priorities way out of whack. The struggling airline has refused to negotiate a fair contract for its pilots for more than three years, but now the Wall Street Journal reports American Airlines is making a big move to buy another financially troubled airline, Japan Airlines.

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