Wall Street Journal recently wrote about MySpace and the site’s desire to “recover its cool.” With Twitter and Facebook getting most of the buzz around social media, MySpace is looking to get a little more niche, focusing on entertainment. PRWeek reported in August that MySpace selected Weber Shandwick as its AOR, and it would leverage a relationship with Rogers & Cowan in the entertainment sector. In recent weeks, the movie trailer for A Nightmare on Elm Street and the soundtr

A Secret Deal Between Wall Street and Washington Shines a Harsh Light on Federal Housing Agency By PAM MARTENS CounterPunch W hile the Federal Trade Commission was receiving gut-wrenching documentation of predatory lending abuses at a unit of Citigroup, the Federal agency mandated to level the playing field for low income homeowners, the U.S. Department of Housing and Urban Development, was quietly awarding 19,968 mortgages of homeowners in distress to Citigroup to dispose of as it s

While the Federal Trade Commission was receiving gut-wrenching documentation of predatory lending abuses at a unit of Citigroup, the Federal agency mandated to level the playing field for low income homeowners, the U.S. Department of Housing and Urban Development, was quietly awarding 19,968 mortgages of homeowners in distress to Citigroup to dispose of as it saw fit. HUD legally became Citigroup’s joint venture partner in at least two of the deals, retaining a minority interest. On March 6,

Tomorrow’s business headlines won’t be dominated by the companies listed below. They’re too small, and their shares are covered by only two to five analysts, vs. a median of 15 for the mostly large companies in the S&P 500 index. Despite the limited attention they attract, or perhaps because of it, these companies boast attributes lacking in many big companies today. They’re highly profitable, with returns of at least 15% on the capital they invest. Their sales are up nicely compared w

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