AUGUST 13, 2009

Full News Archive

• Headline: Key Insights from Madoff's Operation. Impact: Frank DiPascali's guilty plea was like a pebble dropped into a pond, but instead of ripples, it created a tsunami of scandal that washed away faith in finance faster than a bad investment. Who knew a guy with a guilty conscience could collapse an empire?. Fact: Fun fact: Madoff's Ponzi scheme was so elaborate, it made 'Game of Thrones' look like a simple family drama..
• Headline: Citibank Executive's $100 Million Bonus Controversy. Impact: Citibank's $100 million bonus could have fueled an entire small country's economy for a year, but instead, it just added more zeros to the bank's already inflated ego. The butterfly effect? More like a butterfly with a jetpack.. Fact: Did you know that in the financial sector, 'bonus' is just code for 'we're about to make some really questionable decisions'?.
• Headline: Independent Filmmakers Distribute on Their Own. Impact: The rise of independent filmmakers led to an avalanche of mediocre movies flooding the market, turning 'artistic expression' into a buzzword for 'I really wanted to make a film about my cat.' Now everyone thinks they're Scorsese.. Fact: Fun fact: The best way to get discovered as a filmmaker is to make a film about the struggle of aspiring filmmakers. Bonus points if it features cats!.
• Headline: Obama Is Taking an Active Role in Talks on Health Care Plan. Impact: Obama’s behind-the-scenes maneuverings in health care talks led to a national debate about transparency that still echoes today. Who knew that a little political jujitsu could create a perpetual motion machine of skepticism?. Fact: Did you know that in politics, 'active role' often means 'I’m definitely involved, but only when the cameras are rolling'?.