Archive for December 2008

2008 Concluded With ‘Ponzi-Equals-Pain’ Message

Dear Readers, Our best to you with the dawning of the new year — and our thanks for making this Blog one of your stopping points. If you have a moment in the coming days, think about leaving a comment that answers this question: What will you remember most about 2008? One of the things […]

Missing The Visual Editor In WordPress 2.7? This May Help

WordPress recently released version 2.7, which I use on this and three other Blogs. Three of the four Blogs all made the conversion without incident. One of them, however, lost the WordPress Visual editor that appears when you’re making a post. The editor is supposed to appear as a tab marked “Visual.” A second tab […]

MegaLido Members Take A Pounding

Reports online suggest MegaLido members are receving paltry refunds of less than 10 percent from the payment processors they used to fund their MegaLido accounts The precise percentage of the refunds is unclear. What is clear is that MegaLido is yet another autosurf that went bust. MegaLido was widely promoted by members of AdSurfDaily in […]

Madoff Displayed Charms Of A Practiced Huckster

Bernard Madoff was charged with securities fraud Dec. 11. The story about the alleged $50 billion Ponzi scheme hasn’t been out of the news since then — not even for a few hours. Over the weekend we reported that the assets of the Elie Wiesel Foundation had been wiped out in the alleged Madoff fraud. […]

Elie Wiesel Foundation Wiped Out In Madoff ‘Ponzi’

Elie Wiesel Foundation Wiped Out In Madoff 'Ponzi'

In a stunning announcement, the Elie Wiesel Foundation For Humanity said it lost “substantially all” of its assets in the alleged Bernard Madoff Ponzi scheme. It has been known for two weeks that significant foundation money was under Madoff’s management. But the foundation now says it had entrusted $15.2 million to Madoff, in essence the […]

Bailout Fatigue: Public Restless, But It’s No Reason To Permit Ponzi Schemes

When the $700 billion U.S. government bailout plan was announced, some people warned it could lead to a slippery slope. Banks, the auto industry and the home-building trade now want a share, and there’s a chance the incoming Obama administration will package a stimulus plan that will trickle down to consumers in the form of […]

Maddy Makes Her World Debut

Maddy Makes Her World Debut

A few readers asked to see a picture of Maddy the Wonder Puppy. Today she makes her world debut on the Blog. :-) It is Christmas Eve, Maddy’s first. She began her day at 4:30 a.m. with a call to nature in freezing rain. She seemed even to like icy cold precipitation, as she […]

Madoff Case Sparks Talk Of ‘Clawbacks’

BLOG UPDATE 2:19 P.M. EST (U.S.A.): La Tribune, a French business newspaper, is reporting that a founder of Access International Advisors, a hedge fund with large sums invested with Bernard Madoff, has been found dead in his New York City office building. Rene-Thierry Magon de la Villehuchet, 65, was found this morning. The French newspaper […]

Ad View Global, New ‘Advertising’ Program, Debuts

This morning we read an early pitch for Ad View Global (AVGlobal), a new “advertising” company that is coming online in the wake of the $100 million government seizure of assets tied to AdSurfDaily Inc. AVGlobal, according to the promoter’s ad we read, is positioning itself as a guarantee against the recession and poor economy. […]

EDITORIAL: $7,260 An Hour: The Dangerous Allure Of Autosurfs

I first learned about Ad Surf Daily and Andy Bowdoin in July, prior to the asset seizure, back when I served as a Moderator at the Warrior Forum. ASD members swore by the company, flocking to the forum in droves when Andy Bowdoin had become a topic of widespread conversation on the Web. Some of […]

Death Of The Legendary ‘Deep Throat’: Mark Felt, Watergate Source

W. Mark Felt died peacefully yesterday in a California hospice. He was 95, a legendary figure among journalists — and known best by his secret name: Mark Felt was “Deep Throat.” It was a code name whose roots were unseemly, but it emerged a powerful brand and captured the public imagination for more than 30 […]