Archive for the ‘Business/Investment’ Category
The Stenning Tweebs try to roll with the punches
Ripples of disappointment continue to emanate from the Stenning performing troupe’s roadshow/sales tour through Asia, during which the smooth-talkers (!) apparently sold platforms/products offering quick-and-easy (‘just three clicks?’) internet riches. As the ‘refund movement‘ heats up against another Shaun Stenning-fronted ‘enterprise’ (spotted the pattern, anyone?) it looks like the gang, through Ian Naylor, is trying […]
Beeee-aaautifully put! We’d write for free for Arianna, but not AOL
I don’t mind saying, sometimes one comes across writing that says EXACTLY what you were thinking — or formulating — and says it so well you shiver in recognition. Douglas Rushkoff, on guardian.co.uk nails it on the unease about Huffington Post/AOL deal. … here we have a new media company fooling an old media company into […]
Heady assumptions, a get-rich-quick climate, wishful thinking …
I’ve just read a fantastic article Rethinking the Great Recession by Robert J. Samuelson in the The Wilson Quarterly. Wow. Instead of hand-wringing and wailing about ‘What’s happening to us?’ Samuelson’s plausible analysis points to a widespread forgetting of the boom-bust lessons of history… The great economic and financial crisis that began in 2007 … […]
JP Morgan execs: Useless as [insert expletive here]
In today’s NY Times… Senior executives at JPMorgan Chase expressed serious doubts about the legitimacy of Bernard L. Madoff’s investment business more than 18 months before his Ponzi scheme collapsed but continued to do business with him, according to internal bank documents made public in a lawsuit on Thursday. Oh. My. God. If this is […]
Shock! Horror! Scandal! Microsoft COPIES!
O hardy-har-har-har. Here’s a turn up for the books (NOT!)… via Danny Sullivan at Search Engine Land Google: Bing Is Cheating, Copying Our Search Results Here’s the slightly novel bit: Bing Admits Using Customer Search Data, Says Google Pulled ‘Spy-Novelesque Stunt’ The details of the sting, which Danny Sullivan lays out, are interesting. Google artificially […]
Get your own little piece of the subprime crisis
In my in-box today* from the UK-based property spruiker hawking Memphis distressed real estate … a chance to buy mortgage bonds … at 40% discount! Oh boy! I wonder if this is how they offer “amazing finance packages” (no-questions-asked??) to the offshore suckers … sorry, investors buying up Memphis distressed real estate … um, er, […]
Low-ball share buyer Bernard Whimp in action
This ‘operation’ falls into the same dubious half-light as the murky ‘Domain Registration’ scams where plausible-looking documents offering to register your domain for, er, let’s call it uncompetitive prices are sprayed around looking for suckers. Low-ball share buyer Bernard Whimp has made close to $300,000 through an offer made to Vector shareholders by his limited […]
… including but not limited to internet blogs …
For what they’re worth: I make no claims whatsoever about the veracity of these clauses, which were sent to me as part of documentation supposedly prepared to settle the ‘refund movement‘ affecting Shaun Stenning‘s Twalk get-rich-quick-through-the-internet scheme in Indonesia. (Malaysia and Singapore are still in flux, I’ve been told.) The documents, while extraordinary as you’ll […]
CYBER CROOKS – unmasking the real criminals
There’s been considerable discussion recently here on thePaeape.com about so-called internet ‘scams’ and ‘bandits’ and ‘criminals’ … but let’s not lose perspective. The sort of stuff highlighted in today’s NZ Herald technology pages, this report from PandaLabs about selling stolen credit cards — well THAT’S clearly criminal stuff. WASHINGTON – Cyber criminals are selling stolen credit […]
Oh boy. USD $8.5million for a domain name …
Facebook paid USD $8.5 million to acquire the Internet address ‘fb.com’ — from American Farm Bureau Federation — for internal use by its employees. — Reuters
A little bit of crossover …
Regular readers know thePaepae.com isn’t a soapbox for my business pursuits. Even so, every now and then I’ll share something of what I’m doing for those who may have some slight interest. In that spirit, here’s a 12 minute ‘sample’ clip of an audio programme on the outlook for the NZ property market and economy […]
A subliminal message to ‘investors’ getting ‘educated’ [groan] about distressed US properties
That’s actually me under the cap … I got it from Neil Jenman with some other cool stuff when he visited Auckland a few years back to harass the local property spruikers and give some advice to buyers and sellers … I wear it with a chuckle. It reads DON’T SIGN ANYTHING … with Jenman’s […]
Fallen hero?
There’s a particular kind of anger and outrage sparked when you feel someone has shafted you financially. I’ve been reflecting on the strength of feeling expressed by some commenters in the thread ‘Is this how Shaun Stenning handles a request for a refund?‘ and the public and private reversal of fortunes experienced by some former […]
I think I would die …
I think I would probably die of embarrassment if ‘property guru’, ‘internet marketing expert’ and spruiker Dean Letfus endorsed me as a ‘kindred spirit’ like this: Leave aside the Freudian slip of ‘In a pool of sharks I found Steve to be the “real deal” ‘ … (erm, you mean a REAL SHARK?) Dean’s humble […]
What a great title! How to Smell a Rat
What a terrific title for a book on keeping yourself safe financially. Naturally, the Madoff and the Stanford scandals feature as sobering lessons… The Five Signs of Financial Fraud are: Sign #1 Your advisor also has custody of your assets Sign #2 Quoted returns are consistently great! Almost too good to be true Sign # […]
