NewsFeeds 2.18.09

The Umpire’s New Clothes (Style Weekly)
In times of despair, messages of hope can lift the spirit and offer respite from seemingly insolvable problems. Or they can elicit eye-rolling, pugnacious disdain. On any given night, depending on the civic association or community group receiving the message, the developers pitching a new ballpark in Shockoe Bottom can do either, or both, sometimes at the same time.

Qimonda stops severance payments (Times-Dispatch)
In a signal that Qimonda’s financial troubles are worsening, the Henrico County memory-chip maker cut off, perhaps indefinitely, severance payouts to former employees.

Automakers Seek $14 Billion More in Aid (NY Times)
The price tag for bailing out General Motors and Chrysler jumped by another $14 billion Tuesday, to $39 billion, with the two automakers saying they would need the additional aid from the federal government to remain solvent.

Lending By Bailout Recipients Is Down (Washington Post)
The largest U.S. banks reduced the availability of money for consumers and businesses during the final months of 2008 even as the government invested tens of billions of dollars to help them make new loans, according to data released yesterday by the Treasury Department.

How Facebook is taking over our lives (Fortune)
Great read: President Obama used it to get elected. Dell will recruit new hires with it. Microsoft’s new operating system borrows from it. No question, Facebook has friends in high places. Can CEO Mark Zuckerberg make those connections pay off?

Desperation Isn’t Referable (Entrepreneur)
Nurture an abundance mentality instead of a scarcity mentality and you can have an unlimited supply of referrals.

The Umpire’s New Clothes (Style Weekly)
In times of despair, messages of hope can lift the spirit and offer respite from seemingly insolvable problems. Or they can elicit eye-rolling, pugnacious disdain. On any given night, depending on the civic association or community group receiving the message, the developers pitching a new ballpark in Shockoe Bottom can do either, or both, sometimes at the same time.

Qimonda stops severance payments (Times-Dispatch)
In a signal that Qimonda’s financial troubles are worsening, the Henrico County memory-chip maker cut off, perhaps indefinitely, severance payouts to former employees.

Automakers Seek $14 Billion More in Aid (NY Times)
The price tag for bailing out General Motors and Chrysler jumped by another $14 billion Tuesday, to $39 billion, with the two automakers saying they would need the additional aid from the federal government to remain solvent.

Lending By Bailout Recipients Is Down (Washington Post)
The largest U.S. banks reduced the availability of money for consumers and businesses during the final months of 2008 even as the government invested tens of billions of dollars to help them make new loans, according to data released yesterday by the Treasury Department.

How Facebook is taking over our lives (Fortune)
Great read: President Obama used it to get elected. Dell will recruit new hires with it. Microsoft’s new operating system borrows from it. No question, Facebook has friends in high places. Can CEO Mark Zuckerberg make those connections pay off?

Desperation Isn’t Referable (Entrepreneur)
Nurture an abundance mentality instead of a scarcity mentality and you can have an unlimited supply of referrals.

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