Turbotodd

Ruminations on IT, the digital media, and some golf thrown in for good measure.

From Russia With Bailouts

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Das vi dan ya.

That’s “goodbye” in Russia.  So I should probably learn hello.

Answers.com explained it’s dobro pozalovat.

So, dobro pozalovat to Yandex, the Russian search engine, which followed short on the heels of LinkedIn’s IPO and went public earlier today on the Nasdaq, raising some $1.3B (dollars, not rubles).

Apparently, the issue was some 17 times oversubscribed, surprising considering that Yandex only has about 64% market share (although it is still the largest Web site in Russia).

Also a done deal: Twitter buys TweetDeck for roughly $40M.  This has been rumored for some time, but apparently it’s really happened this time.  Really.  Seriously.  #ftw

Is this the beginning of a great Twitter consolidation?

When a TweetDeck falls in the virtual Twitter forest, does it even make a sound???

Well, I’m just glad to see someone out there’s making some deals.

After watching HBO’s docudrama rendition of Aaron Ross Sorkin’s 2010 book about the financial crisis, Too Big To Fail, last evening, one might start to wonder.

I read the book.

The movie’s probably easier to consume in many ways, minus all the boring financial mumbo jumbo details, although it nearly made me ill to replay that denouement from the fall of 2008.

But, I have to say, William Hurt made for a wonderful SecTreas Henry Paulson, understated and steely, and James Woods cracked me up as vulgar Richard Fuld, the former CEO of Lehman Brothers.  And Paul Giamatti as Fed Chairman Ben Bernanke…another classic performance by Giamatti.

The movie seemed to raise a central question: Was Paulson the hero who saved the day or the insider who protected the interests of his industry?

You get to watch the film (or read your history book, if you’re so inclined) and be your own judge.

But kudos to the HBO team for making a compelling film about what could have easily become a trite and boring re-enactment.

It was anything but boring…now, having seen it and completely paranoid, if I could only figure out a way to move all my retirement savings into a small bomb shelter immune from market movements if not the elements!

Written by turbotodd

May 24, 2011 at 3:01 pm

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