AUGUST 16, 2012

Full News Archive

• Headline: Jay-Z Transforms Celebrity Investing Landscape. Impact: Jay-Z's savvy investment led to a surge in celebrity endorsements. Now every influencer thinks they can own a piece of a sports team, resulting in a bizarre twist where TikTok stars are negotiating contracts with NBA teams. How did we get here?. Fact: Did you know Jay-Z's real name is Shawn Carter? But why use that when you can have the swagger of a letter and a hyphen?.
• Headline: No Criminal Case Is Likely in Loss at MF Global. Impact: The loss at MF Global highlighted the fragility of financial systems, causing a wave of regulations that made every Wall Street banker suddenly very, very interested in the concept of 'due diligence.' Who says you can't teach an old dog new tricks?. Fact: Did you know that 'sloppiness' is a legal term in finance? It’s what they call it when you forget to secure the vault before going to lunch..
• Headline: Years After Haiti Quake, Safe Housing Is a Dream for Many. Impact: The ongoing housing crisis in Haiti led to a global conversation about disaster preparedness and the effectiveness of foreign aid, resulting in countless meetings where people discussed solutions without taking any action. Progress, right?. Fact: Did you know that despite the billions spent on reconstruction, the phrase 'safe housing' in Haiti has become synonymous with a unicorn? Everyone talks about it, but no one has actually seen one..