December 12, 2008...8:58 pm

Market up

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Market song o’ day: Kiss the dirt (falling down a mountain).

All hail the knowledge economy: The number of white-collar workers outside the financial industry receiving unemployment checks has increased by more than 40 percent and the number of college graduates collecting benefits is up by 50 percent in the city since last year. Awww: New York City Sees Wall St. Bonuses Falling 50%. Check under retention bonuses: AIG To Give Executives “Retention Payments” Instead Of “Bonuses”.

Businesses cut inventories by most in 5 years

China exports falling off cliffRamen sales boom as South Korea weakens.

Fantastic. Thanks for the bailout, chumps: Bank of America To Lay Off Over 30,000

Rapture ready:  Shiba Inu Puppy Cam has been viewed 15 million times. Leading to, of course: People Magazine launched peoplepets.com this week. Where’re Michael Vicks’ “pets”?

Set your clocks (you know, because they’ve been so freakin’ right about everything else). June 2009: That’s the average date given by economists for the end of the downturn, in a new survey published by the Wall Street Journal. JP Morgan results to suck: Top Boss Says His Firm Heading For ‘Terrible’ Fourth-Quarter.

America’s 10 Fastest Dying Towns #1 Bensonville, IL. Rod Blagojevich is on top of it! Oil Consumption to Drop for First Time in 25 Years.

[video] Layoffs Could Kill Innovation. Maybe not: Are Recessions Good Times To Start Businesses?

2 for 1:

Right now on Costco.com, consumers can buy a 52-inch Sharp LCD TV bundled with a 32-inch Sharp LCD TV for $1,799.99.  Or shoppers can get two 42-inch LCD Sharp TVS for $1,499.99.

$20 billion ponzi sceme busted. Vote for the worst bank CEO.

What’s Howard Stern gonna talk about now? Scores To Close. So what he do? Howard Stern Threatening To Retire!

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