From an article in the 3 April issue of The Economist:

For an even more troubling echo of the boom years [than "nano"], look at the growing ranks of VC-funded start-ups devoted to something called "social networking."

In so far as there is a "hot" VC sector, this is it.

It should worry investors that even the most experienced venture capitalists are showing such herd-like instincts today.

Moo?

European VC's ... more risk-averse ... more interested in [helping] established businesses than in market-changing innovations.

The Europeans are more likely to have a number of smaller "wins", rather than a big American-style "home run."

Look -- the middle does exist! It's not just blockbusters and dropouts, after all.

And unlike films, French drugs require no translation before they hit the freshly paved streets of exurban America.

Prolongation de la vie longtemps de phase!

Have a good time! Enjoy the security! You're paying for it.

(Actually, the Pentagon has calculated your daily contribution for the Global War on Terrorism at approximately eighteen cents.)

Just as with the USA Today at your favorite hotel ... if you would prefer not to receive your daily security protection, please inform the attendant at the front desk. Eighteen cents will be credited to your account each day.

At the present time, only full subscriptions are available. However, if there is sufficient customer demand, we may offer a Sunday-only subscription plan in the future.

(Just think of what eighteen cents a day could do for night club safety!)

US has spent $28 billion so far fighting terror

The 24-count indictment charges the men with conspiracy, securities fraud and wire fraud, and seeks $2.5 billion in forfeited assets for the alleged large-scale accounting fraud and corporate looting.

Adelphia Founder and Executives Are Indicted on Fraud Charges

Warren Buffett chastises the nation's CEO's in today's NYT.

There is a crisis of confidence today about corporate earnings reports and the credibility of chief executives. And it's justified.

Without blushing, almost all CEO's have told their shareholders that options are cost-free.

To clean up their act, CEO's don't need "independent" directors, oversight committees or auditors absolutely free of conflicts of interest. They simply need to do what's right.

CEO's ... should quit talking about some bad apples and reflect instead on their own behavior.

[CEO's] talk principle, but, for most, their motive is pocketbook.

Who Really Cooks the Books?