2.02.2012

Really? So that means…

Treasure hunter claims $3B in platinum on British ship wrecked off Mass. coast - NYPOST.com

CAPE COD, Mass. -- US treasure hunters have claimed platinum valued at more than $3 billion from the sunken remains of a British ship torpedoed during World War II off Cape Cod, Mass.

…Facebook might be worth 25 shiploads of platinum? Or more? Seriously? More?

Facebook IPO filing puts high value on social network – USATODAY.com

The mammoth initial public stock offering values the social-networking giant at $75 billion to $100 billion and has been eagerly anticipated as a defining moment for the latest Web-investing boom.

Yes! And by the way, darlin', that poor Zuckerberg fellow is being forced—forced, we say—to do this and is just not going to have much fun any more, poor guy.

So does all this mean we are well and truly screwed?

American Airlines plans to cut 13,000 jobs, eliminate traditional pensions to cut costs - The Washington Post

DALLAS — The parent of American Airlines wants to eliminate about 13,000 jobs — 15 percent of its workforce — as the nation’s third-biggest airline remakes itself under bankruptcy protection.

The company proposes to end its traditional pension plans, a move strongly opposed by the airline’s unions and the U.S. pension-insurance agency, and to stop paying for retiree health benefits.

 

AMR Corp. said Wednesday that it must cut labor costs by 20 percent.…

Yes!

 

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