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 Search Motel 16 Downtown Chicago Go Card Chicago Hotel Deals
Sicily air/hotel/tour, $2,909

Gateways: Boston, D.C., New York City; add $175 for Baltimore, Chicago, Cleveland, Philadelphia; $195 for Atlanta, Detroit, Miami; $210 for Cincinnati, Dallas, St. Louis; $270 for L.A., Milwaukee, San Francisco; additional gateways are available.

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FINANCE: Global Meltdowns and the Perversions of Lucre

The credit rating agencies' apparent credulity amid years of hyperinflation in U.S. housing prices seems incomprehensible: Comparable spikes in asset values preceded the Asian financial crisis of 1997 and the dot-com crash of a few years later.

Contrary to the image of judiciousness cultivated by the financial sector, few players appear to have had much incentive to exercise caution. The earnings of the sectors' sales force are tied to the volume, not the quality, of business they generate.

The typical New York investment banker with 10-15 years' experience made 2.1 million dollars in 2007, according to Washington Post commentator Robert Samuelson. Of this, 1.2 million dollars came in cash bonuses for selling stocks and bonds or pushing mergers and acquisitions, he said, citing figures from compensation consultants Johnson Associates.


Yahoo! teams up with US newspapers

Check out the Editor's Blog for the silicon.com chief's take on the hot tech issues of the moment.

Yahoo! chairman and CEO Terry Semel said in a statement: "We believe the local segment is largely untapped and provides significant opportunities to expand audience engagement and subsequently grow local advertising."

The deal fits in with the online advertising boom that has driven business for, among others, Yahoo!'s rival Google.

Other potential innovations that could come out of the deal may include search and content capabilities for local newspaper websites, Yahoo! said.

The consortium of seven newspaper groups consists of 176 local newspapers across 38 states. These include major dailies like The Dallas Morning News, The San Francisco Chronicle and The New Haven Register.


For Clinton, Ohio and Texas become key states to win

That is why Senator Obama's message resonates so much with us. As I've followed the campaigns, I see him behaving the most honorably and graciously of all. He is a Christian who quotes the most Christian of all principles, which is to be your brothers/sister's keeper (essentially to care for each other) and his message of hope is so important in our world today. I'm also glad he has some Muslim roots because I think that will give him an edge in majority Islamic countries where he will be listened to and respected more because of that. It's too bad that so many Americans don't realize this, but instead focus on being afraid of Muslims and seeing them as enemies.

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Now this is a topic I am going to have fun with!!!!

A government green paper published yesterday said the age-12 rule will be introduced from October next year. But in 2010, the age limit will fall to seven. Ministers hope to sweeten the pill by promising more government assistance for lone parents who go to work. "Those lone parents who transfer to Jobseeker's Allowance will be expected to look for suitable work in return for personalized help and support," the paper said. "This will include improved childcare provision and help with identifying jobs with suitable flexible working arrangements." "This increased pressure on lone parents to seek work when their children are young is totally inappropriate," said Sue Robertson, director of One Parent Families Scotland. "Lone parents should retain the freedom to put their children first."

Please give a breather.


Details of 25 million lost in revenue office ‘catastrophe’

A BBC News24 commentator said a darling is not going to like reading the front pages or a considerable amount of the content of todays newspapers. I suspect neither will the over whelming majority of the other readership. ...are you and I deeply concerned by this erm problem? Well ah'm not just concerned , ah'm just bluidy angry. I suspect a massive damage limitation exercise is now in full swing. By the banks , by other concerned, upset and vulnerable people affected by this disclosure of whatever. Quite frankly, a motion of no confidence in this Labour governments ability to be fit for government should be tabled in the appropriate place...and the sooner the better before more staggering examples of incompetence are revealed and the culprits remain in office to continue their incompetence or sham of being competent.


Paris and Nicole to be sisters-in-law?

The Paris and Benji whirlwind romance, which seemed to come out of nowhere, is suddenly serious. Page Six reported the Good Charlotte guitarist purchased a band from Tiffany & Co., which Paris now wears on her ring finger. He even told his pals, “She's the one."

According to TMZ, the two met while they were still in other relationships. Not hard to believe, given that Benji and his former fiancée, Sophie Monk, officially called it quits only two weeks ago.

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