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David Bailey


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The Financial 'F-Word' That Needs To Be Said

David Bailey submits: People everywhere in the financial community know what that word is, but they refuse to say it. Instead, they are dragging America through a silly-circus. Unpleasant as it may be, let’s start truth-telling by removing the fig leaf cynically used to cover up this mortgage mess: stated income. It is a canard. The idea that some working-class Bozos from Bakersfield walked in to...

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Viva la Revolucion!

We'd suspected all along that David Bailey wasn't just your everyday CEO. Now we have the proof. Spotted in a bar at the Film Festival last week with other so-called "artistic" types, his true colours are finally revealed. Whaddya say - is this the new Che?

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Why The Paulson Plan Won’t Work

David Bailey submits: Make no mistake, something must be done and quickly. Let’s admit this is largely about WaMu (WM), which may be just days away from bankruptcy. We here in the Pacific Northwest appreciate the attention and the plan put forward by Secretary Paulson might even succeed in saving WaMu for as much as a year. However, I believe that banks like WaMu cannot be rewarded for creating huge...

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Olympus Readying Hot New 'Micro Four Thirds' Camera

Olympus has a history of innovation. From the OM series SLRs, which were smaller and lighter than anything else at the time, to the "Bridge" cameras -- small film SLRs with a non-changeable zoom lens. Even its advertising was fresh:...

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Don't take meds with some fruit juices

Grapefruit juice is a well-known enemy to many prescription drugs. Turns out, apple and orange juices also can interfere with medications. David Bailey, a professor of clinical pharmacology with the University of Western Ontario, Canada, warns that all three beverages contain compounds that can alter how certain medications are transported into the bloodstream and absorbed by the body.

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Sydney 12th Sep

So we have arrived in Sydney and the apartment is fantastic. I have gone from living in a shoebox to a 2 bed 2 bathroom trendy place overlooking the sea The town Coogee is also great loads of little shops restaurants and foody places. The beach is at the end of the road and we are only 20 minutes on the bus to the city. Strangely there are loads of brits. I am also happy because I have

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GM recalls 42,408 Saturn Vues

DETROIT (Reuters) - General Motors Corp is recalling about 42,408 Saturn Vue compact SUVs built from February to July due to a potential leak of power steering fluid that could cause a fire, it said on Friday.

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UPDATE 1-Ford says Sept. sales outlook now more uncertain

(Adds more quotes from sales analyst, industry sales to date)

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The Aura Group's MovieConnect 2.0 Enables Studios to Personalize Moviegoers' Advertising Experience

FULLERTON, Calif., Sept. 16 /PRNewswire/ -- The Aura Group, a new media advertising and consulting agency, has launched an expanded and advanced version of its text-from-banner advertising technology, MovieConnect. MovieConnect 2.0 enhances online movie banne...

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GM, Ford shares rally more on loan prospects

DETROIT (Reuters) - General Motors Corp and Ford Motor Co shares rose on Friday as industry analysts said they expected carmakers to get at least partial access to a $25 billion loan program from the U.S. government.

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Chrysler to introduce 7 major models in 2010: executive

DETROIT (Reuters) - Chrysler LLC plans to introduce seven major vehicle models in 2010 and expects to produce electric-drive vehicles not long after that, Co-President Jim Press told reporters on Wednesday.

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Detroit mayor pleads guilty, to leave office

DETROIT (Reuters) - Detroit Mayor Kwame Kilpatrick pleaded guilty on Thursday to obstruction of justice in a plea agreement that will force him from office and cap a scandal that had threatened to affect the presidential campaign in a key battleground state.

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Honda August U.S. auto sales fall 7.3 percent

DETROIT (Reuters) - Honda Motor Co Ltd said on Wednesday that U.S. auto sales fell 7.3 percent to 146,855 units in August.

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GM U.S. auto sales fall 20 percent in August

DETROIT (Reuters) - General Motors Corp said on Wednesday that U.S. light vehicle sales fell 20.3 percent in August to 308,817 units, pressured by the sharp downturn in demand for light trucks.

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Ford U.S. sales fall 26.6 percent in August

DETROIT (Reuters) - Ford Motor Co said on Wednesday that sales fell 26.6 percent in August amid steep declines in large pickup trucks and SUVs, and cut its second-half production plans.