A prominent Tech firm explaining its third quarter loss:........."due to noncash intangible asset impairments." I can empathize with them as I have experienced similar "impairments" trying to balance my checkbook.
The U.S. Attorney in New York is waging a crusade against insider trading in the Hedge Fund Industry and was quoted "no firm should consider itself TOO BIG TO JAIL" Ouch!
The "largest" mayor of the largest Canadian city has admitted to smoking crack cocaine - "probably in one of my drunken stupors." Wow! I haven't heard that descriptive phrase in a long time. It seems so twentieth century.
Sorry to close on a down note but enjoy the weekend anyway......and the holidays to follow.
tjs
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