scandal

The Wall Street Journal posted a story today about investors Jeff Horing and Jerry Murdock from the firm Insight Venture Partners. It talks about how they went behind the backs of limited partners and personally invested in Photobucket back before News Corp. bought it and it really took off. The story seems to suggest some financial foul play, but not everybody views it this way.

The controversy surrounding New York Governor Eliot Spitzer has shed light (a red light) on a number of underground activities. Besides government corruption and the sex trade in general, Spitzer's use of the Internet to connect with prostitutes is exposing a huge industry with which people may not be familiar.Or even know exists.The online escort/call girl/"model"/prostitute scene isn't so hard to find, though. Just use Google. If the organic results don't fit what you're looking for, AdWords can help, too.

After being sued by a customer and investigated by Connecticut's Attorney General, Best Buy has reportedly updated their in-store sites with a disclaimer letting customers know that kiosk prices might not be the same as the public website prices.

I wanted to add a non-personal comment about the impassioned scandal rocking our community, the best way I could think of to improve the silence.  This is a real test of the blogosphere.  Our culture and openness.  We don't know all the facts, but there is enough to be disgusted.  We do know that part of this involves real core and dedicated bloggers.  We do know that this involves trolls, there will always be trolls, and we all have them.  We do know that some speech is illegal for a reason, and sociopaths run against society, but there are slippery slopes in all directions from the hill we think we have climbed.

Shares of Apple dropped by four percent in after-hours trading, and the iconic computer company may have to restate earnings for several years due to its stock option granting practices.

Presidents who get a second term are few generally. In recent decades though, Second term presidents usually end up with more than standard political conflicts and lame duck behavior. The second term usually provides a full-blown, nation-threatening scandal of epic proportions. Now Bush might just have his in the form of Karl Rove.

A group of Enron investors have managed to squeeze $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit. Citigroup along with several other banks, was accused of having a role in a big accounting fraud scandal at Enron.

The Canadian Red Cross admitted in court to distributing tainted blood to thousands of people throughout the country and infecting them with HIV/AIDS and Hepatitis C. The tainted blood was responsible for the deaths of over 3000 people.