Posts Tagged ‘drawing board’

The phishing scams labs arts online

October 1, 2008

Overall, Arts + Labs hopes to launch educational programs that
highlight existing legal sites, such as Hulu.com and MySpace Music.
But first, the group needs to raise money.

Over the next four months, Arts + Labs will meet with major
entertainment and Internet companies to score financial support, Arts
+ Labs officials told reporters at a media breakfast here Monday.

“The biggest part is recruiting partners—we don’t
know our budget now,” said co-chair Mark McKinnon, a former
songwriter and newspaper editor. “We can raise money through
their networks, and there will be educational opportunities
there.”

Arts + Labs has already garnered backing from a number of content and
technology companies, such as its members AT&T, Viacom, NBC Universal,
Cisco, Microsoft and the Songwriters Guild of America.

McKinnon and other Arts + Labs executives, including former White
House Press Secretary Mike McCurry, said they have discussed a school
tour to promote the importance of legal online entertainment, modeled
on safe-sex campaigns aimed at students.

“Now people understand that [sex] is something where they need
to protect themselves, and there was a change in culture,”
McCurry said. “’Net pollution can destroy [online
entertainment]. It can be that same kind of a threat.”

He noted that there are 100,000 catalogued viruses, and that 80% of
people’s email is spam. During the first quarter of 2008, there
were 27,000 phishing scams, which involves email that looks valid but
actually aims to steal personal information.

Although still at the drawing board with its anti-piracy strategies,
Arts + Labs is confident it can rally people around legal downloading
and streaming sites. The organization believes education will be a
more effective solution than efforts focusing on punishing consumers
through the courts.

Arts + Labs “wants to create a culture where people enjoy [online
media] the right way and the safe way,” said McCurry.
“This isn’t a punitive way, which has been done in the
past.”

Samantha Clark, Managing editor and online editor, Video Business
October 1, 2008 Universal is adding another DVD premiere movie to
the Slap Shot franchise. Slap Shot 3: Junior Leagu…

Samantha Clark, Managing editor and online editor, Video Business
September 30, 2008 HBO’s seven-part mini-series Generation Kill,
about Marines during the first 40 days of the Iraq war…

Fitness expert Tamilee Webb recently celebrated her 50th birthday at
Planet Hollywood in Las Vegas and promoted her DVD The Best of
Tamilee: Best Thighs, Abs & Cardio, which is available now from Magic
Play.

Paramount celebrated the release of its 35th anniversary The Godfather
DVD Collection at the Feast of San Gennaro in New York, where Gianni
Russo (“Carlo Rizzi”) performed.

The release of Anchor Bay’s thriller Bryan Loves You was marked
on Sept. 23 with a signing at Dark Delicacies bookstore in Burbank,
Calif.

The art markets think next

September 30, 2008

Criticism of the bailout plan in the form it morphed into over the
weekend was rife — some were concerned about the equity
participation, some about the hesitant structure — but most were
of agreement that something was better than nothing. Instead, the
market got a whole lot of nothing Monday, as the bill was swallowed by
partisan bickering and strange attempts to blame the House speaker for
ruffling feathers. “We had taken for granted that we had a bill
passed and we are shocked to find out that was not the
case,”says Art Hogan, chief market strategist at Jefferies & Co.
“Now we need to see if we can get back to the drawing board and
get something passed this week.” What resulted Monday was the
17th-worst percentage-point loss for the Dow industrials in history,
as the 30-stock average lost nearly 7% of its value in a session
fraught with peril, one where the selling picked up at the end of the
day, in what some called “forced” liquidation of
positions. “Ifyou watched the S&P at the end of the day, it went
from down 81 points to down 99 in a moment– it was very big and
very bad, right at the end of the day,” says Kim Caughey,
portfolio manager at Fort Pitt Capital Group in Pittsburgh. Investors
flocked to the safety of bonds, buying up short-term debt until it
yielded next to nothing, along with gold, one of the only commodities
to gain ground in action Monday.

Now, it is back, as they say, to the drawing board. The expectation is
that some sort of modified bill — a watering-down of an already
watered-down piece of legislation — will make its way through
Congress again for legislators who are in the mood for a do-over. By
then, more banking institutions might be on their way out, judging by
the market’s treatment of stocks including , which fell 72%. At
least one House member says Treasury Secretary Hank Paulson should
resign, but this doesn’t seem like the way to go, exactly. Mr.
Paulson said following this epic fail that the Treasury
Department’s toolkit is “substantial but
insufficient,” and one gets the sense that the Federal Reserve,
too, is also running out of tricks in its bag. Investors are
responding by fleeing to short-term debt: the three-month Treasury
note now yields 0.14% (about as much as one could return with period
checks under the couch). The measure is not expected to be readdressed
until Thursday due to the Rosh Hashanah holiday, but even in a pair of
sessions likely to be thinly traded, a “limbo market” does
not make for strong possibilities for rebounds.

In tough times, people retreat to the most basic of assets. The only
stock in the Standard & Poor’s 500-stock index to finish the day
in positive territory on Monday’s Meltdown, House of Cards
edition, is , which ended the day up 12 cents to $37.75 a share.
It’s not as if the company released news that would keep the
stock in positive territory for the day, but it managed it somehow. It
issued a press release on a partnership with musical artist Jewel to
raise awareness of supporting American agriculture, and with the way
the markets are going, digging for your own carrots isn’t that
far off anyway.

The primary catalyst for the move in stocks was the failure of the
House to pass the altered version of the bailout package, but other
factors added to the late-day selling. Force liquidation of positions
and quarter-end issues played a part, but the beginning of the Jewish
New Year, Rosh Hashanah, also figures into the mix. With many Wall
Streeters celebrating the holiday, trading volumes will thin out a bit
over the next two days, and “the worry is that a lot of people
plan to take off the next two days and don’t want a lot of
risk,” says Marc Groz, CEO/CIO of Topos LLC, a hedge fund in
Stamford, Conn. There’s the old saw out there about buying on
Rosh Hashanah and selling on Yom Kippur, but many investors might want
to take these next couple of days just for reflection.

DG, this may or may not be a better # to use in you flow chart for the
day! – Gold, Dec 910.10 +21.60

Watch the overseas SWF and Biggie Banks rush in on a Buying Spree
before the $700 Billion “passes out”…. all the US
Tax Payers slush fund $Muck Money… you see they know a great
“GREED” deal when they see (IT) also at .10 – .20 cents on
the .70 cent dollar also, go ck out GS & JPM in after hours
trading… OMG beware of BONDS! Bill Gross at The PIMPLE on The US
Tax Payers A _ _ will work for “FREE”… YOU THINK!

Comment by Please close and nail shut all the windows on Wall
Streetless! – September 29, 2008 at 6:09 pm

Paulson should resign because he’s the one who got us here by
forcing Lehman and Wamu into bankruptcy. Unwinding Lehman has proved
to be a total nightmare and it’s completely frozen the credit
markets because everyone is afraid of lending to the next bank that
fails. Maybe Paulson thought it would help his beloved GS if he got
rid of a competitor or two but he’s clearly blown it and
Congress isn’t willing to give him the $700B he wants to bail
them out.

I am glad to see the Journal picked up on this with a front-page story
about how Lehman’s failure precipitated all of this. By the time
this is written about in the history books it will be clear that
Paulson was the trigger.

To 6:10… I couldn’t agree more! Yup! – DG, The Golden One
is still rising… this may be a big trigger for what’s
coming tonight in the overseas markets… you think? – Gold, Dec
910.10 +21.60 –

I can understand recent troubles with the banks and liquidity. But
technology companies, with solid, mostly debt free balance sheets,
global market presence (70% of Intel sales are overseas) and multiple
growth drivers, are getting beaten as if they are losing half of their
sales; obviously they are not. The financial sector mess has been
unfolding for about a year now but many tech company earnings are
rising. A look at recent earnings from ORCL or TIBX will show tech
fundamentals are sound. I think the sell off, especially in the tech
sector, is way over done. I have been long several techs and was a
buyer today.

The best news of the day for markets – oil was down over 10%
today! Sinking oil will prove major stimulus for global economies.
Fools are selling, even bigger fools are shorting at these levels.

To 6:18… that must be the answer you think! (IT’s)
probably because of all the No Tickie – No Laundry Fire Sale on the
Asian and Euro Markets beating down the door to buy out the
CDO’s Tranches at .10 – .20 cents on the .70 cent dollar…
go long young man, and get your free hair cut just like today…
“TOMORROW”… again!

Holy cow… Batman, I don’t want to live in a tree house
with all those goo-free looking Ka-walla-walla Bears… you think!
(IT) ain’t just in the US anymore… The Global (POX) Box is
spreading around the Globe. – RTTNews) – New Zealand August New
Building Permits Down 7.9% On Month

Comment by If Congress doesn’t pass this Nightmare by next Thurdays
report out numbers (IT) will be over! – September 29, 2008 at 6:35 pm

What do you mean there’s millions at the gates Igor! Geez,
Madame Guillotine has already run out of blades.

(AP:LONDON) European governments announced a flurry of bank bailouts
from Germany to Iceland on Monday, but the rescue deals only
heightened fears that the contagion from the U.S. credit crisis has
much further to spread before the financial system recovers.

European shares fell heavily and money markets remained frozen with
banks refusing to lend to each other for all but the shortest periods
amid concern that a planned U.S. government $700 billion bailout
package would not be enough to stem the crisis. A few hours later, the
U.S. House defeated the rescue package by a vote of 228-205.

“In the near term, it will be the weak ones that will be picked
off,” Global Insight chief European economist Howard Archer said
before the congressional vote of the expectation that more banks would
collapse or need rescue. . On will fall… and the rest are
following very quickly NOW!

Comment by Humm… I THINK… I’ve heard this before somewhere? –
September 29, 2008 at 6:54 pm

Just another “penny” stock by tomorrows close! So goes
National… so goes Fifth / Third… Cleveland is a dust bowl
of (POX) BOXES in OHIO! – National City’s senior debt is
currently rated ‘A3,’ indicating it is subject to low
credit risk. The company’s financial strength is rated
“C+,” which is considered speculative-grade.

Comment by I can see (IT) now… The New Wine Captial of… OHIO! –
September 29, 2008 at 7:01 pm

, with roll-over charting and headlines. Plus, comprehensive coverage
of bonds, commodities and forex. Markets Data Center highlights:
• • • • • •

–> MarketBeat, led by Wall Street Journal Online writer David
Gaffen, looks under the hood of Wall Street each day, finding market-
moving news and analyzing interesting trends and numbers. The blog is
updated several times daily with contributions from reporters at The
Wall Street Journal and the Online Journal and includes noteworthy
commentary from the best blogs and research notes. Have a comment?
Write to .

Digg — submit this item to be shared and voted on by the digg
community. For more about digg, click .

Cheaply Bailout, Schmailout — Financials Whacked Again Crude
Hits Limits, Keeps Going With Bailout in Mind, Dollar Is Shunned Four
at Four: Unstable Foundations”>22 23 24 25 26 27 28