Citigroup bank might be saved through the recession.

According to reports from ABC News, Citibank is having a hard time and might need to be assisted by the government.

[ad#ad2-right]The company has seen its shares lose 60 percent of their value in the past week, reflecting a crisis of confidence among skittish investors. They are worried all the risky debt on Citigroup’s balance sheet will turn into losses as the economy worsens and the markets stay turbulent — losses that could be nearly impossible to reverse.


[via ABC News]

Although this is somewhat expected, I don’t think we can afford to pay the debt of a bank.  We are all having to deal with this recession.   I don’t know how they can afford to pay for Citigroup and expect this to help bolster the economy.   I guess only time will tell!!!

Vista and BSOD

I wanted to talk about Vista and the terrible BSOD scenarios that I have found around the network.  I also want to talk about them to a point.  So I went through and look and here is what I found:

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  • NVidia Graphics Drivers — That should be well fixed by now.  I  don’t have an NVidia Computer with Vista on it and can’t say one way or the other.  I do know that recently they added new graphics drivers for Vista and are out.   That alone should fix most of the problems.

Here are a few of them that I could find out lately.  Most of the Blue Screen of Deaths for VIsta should be over with.  Since the Release of Vista SP1, Microsoft has issued driver fixes and program compatibilities with that release.

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How hard is Cnet being hit by Gerstmann firing!!

As You can see Cnet is also getting hit hard by the Gerstmann firing. You can tell how much they have dropped after the firing. What do you think they will do? One angry BOL listener said this?

Hey buzzers,

OK, so I was mighty tempted to pull the plug on all my CNET subscriptions in the wake of the Gerstmann-gate hoopla, but have accepted your position that CNET.com and Gamespot.com are two seperate entities, and agree with Molly that not everyone should be tarred with the same big brush. However, I think there are still some issues here that have not been satisfactorily addressed. On Friday’s podcast, you promised to deal with the Gamespot issue on Monday’s show–you did but, I have to be honest, it didn’t feel particularly whole-hearted. As the self-described reporters on Buzz, it seems to me that you missed all sorts of buzz–the intertubes are packed with stories on this, all of which makes for very interesting reading, even if the medium is, in fact, the real message.

But, here’s my real issue with this. I’ll take, at face value, your assertion that the folks at CNET.com aren’t pressured by editors or advertisers with regard to content. But I can’t shake the deep suspicion that the opposite is true at Gamespot.com. I’ll also accept the assertion that those two sites are independent (more or less). The only conclusion to be drawn is that CNET.com and Gamespot.com are being held to different editorial standards. This certainly goes toward the (very skeptical) buzz about ‘gaming journalism’ that has been zooming around the tubes. At the end of the day, this is a huge sticking point for me, and I still think that ‘CNET Networks’ has some ‘splaining to do.

So does this mean they are having people being mad at them or is it that they are just getting the overflow of people from Gamestop? They I know are not the same entity but are both in the same Company? Mind telling me why they haven’t gone into more discussion of this? It’s like Cnet has been told to be quite also? IS that true or are they just holding there breathe to find out the outcome? I suspect it is Management that is doing the keep quite command. What do you think?