I’m really glad Kim Kiyosaki started blogging again (or…ahem… hired someone to write for her again) at www.richwoman.com
This was the entry from last week
I want to share with you an article that appeared in The New York Times
on December 28. The article is titled, “Contemplating the Boobs We Were”and was sent to me by Donald Trump. Donald has fully embraced his
role as a financial educator.
The author cleverly describes how
so many people became “boobs and easy marks” in the financial markets
and lost millions. He asks, “Are we doomed forever to be fleeced or is
there anything we can learn from this latest round of financial
catastrophe?” His answer:
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Strippers in the Mainstream MSN News
Sex sells, but less than before
The downturn has been hard on smut vendors and strippers.
Playboy, that iconic purveyor of bunnies, hasn’t flashed its fourth-quarter results yet, but the writing is on the wall. Last week, Hugh Hefner’s company announced job cuts. More ominously, it is writing down at least $100 million in assets.
This is troubling because under accounting rules, companies must take assets off the books when they are deemed worthless because they won’t produce revenue. So Playboy is “telling you what financial performance will look like for the next year,” and it is saying it’s going to be bad, says one analyst who follows the company. Read more... (373 words, estimated 1:30 mins reading time)
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