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Archive for April 5th, 2009

The IBM deal to buy SUN is dead

April 5th, 2009 cw No comments

http://www.nytimes.com/2009/04/06/technology/business-computing/06blue.html

I.B.M. Withdraws $7 Billion Offer for Sun Microsystems

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Categories: SUN, Solaris Tags: ,

Geithners plan

April 5th, 2009 cw No comments

All of this makes me so sick… who the heck is making all of the money that is lost? or who is making money on what government is giving away?

According to The Wall Street Journal, delinquencies on commercial mortgages are soaring. The delinquency rate on $700 billion in securitized commercial real estate loans has more than doubled in just the past six months. At 1.8 percent, it’s still low on an absolute basis. But it’s the direction that counts, and analysts are now expecting delinquency rates to rival those seen in the early 1990s commercial real estate collapse.

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Categories: economy, issues Tags: ,
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