Periscope: How Hot Money Is Pushing Oil To $100 a Barrel And Beyond
Email To A Friend
Please fill in the following information and we'll email this link.
1,334 : Total number of spam that offered health deals of some kind, one third of 4,153 spam collected
27: Number of Web links on health spam that worked at the end of the month, and received orders
9: Number of orders that led to actual deliveries; 17 orders went unanswered
1 : Number of spammers who took an order and kept payment, but delivered no drugs
Source: Center For Global Ehealth Innovation Study In Public Library Of Science
How The Euro Got Hip-Hop
Hip-hop culture has long glorified the almighty U.S. dollar. Rap lyrics praise it, bling jewelry flaunts it and music videos always seem to feature a shower of cold, hard cash. But now the dollar is in such a sorry state—it hit a new low this month against the euro, Canadian dollar and Chinese yuan—that even American rap moguls are rejecting it. In the video for his new song "Blue Magic"—from an album inspired by the film "American Gangster," no less—rapper Jay-Z can be seen flashing stacks of €500 bills. It's a far cry from the "presidents" (i.e., dollar bills) that he praised in his 1996 debut album, "Reasonable Doubt." On the official Web site of Wu-Tang Clan, the New York-based rap group that coined the phrase "dolla dolla bill, y'all," the group lists the price for its new CD in euros only. And reports flew last week that the Brazilian-born supermodel Gisele B?ndchen now insists on being paid in euros, not dollars, though her sister, also her manager, has denied it. (Representatives for Jay-Z and Wu-Tang did not respond to NEWSWEEK requests for comment.) "When pop culture starts doing what the most sophisticated financiers are doing, it makes you think we might be really screwed," says Howard Davidowitz, chairman of Davidowitz & Associates, a New York consulting and investment banking firm.









Discuss