BetOnSports Exec Arrested: Feds Running Out of Things To Do:

If I didn't confirm the front page story on the NY Times by visiting the Wall St. Journal and several other papers, I wouldn't have believed it.

Bombs are literally flying across every inch of the Middle East, Israel is under attack, we're facing the biggest international crisis since the Bay of Pigs...and the morons at the Justice Department can't think of any better use of their resources than to sit and wait at the Dallas airport so they could arrest the UK ceo of BetOnSports, a publicly traded internet gambling company that was backed by Goldman Sachs and Fidelity. The charge??? Racketeering conspiracy for participating in an illegal enterprise.

Do I care that the company's shareholders lost their CEO to the wunderkinds at the FBI? And that all of the other execs of this UK, publicly traded company with thousands of shareholders can expect the FBI to wake them up at the crack of dawn and cart them off? After all, didn't these guys learn from Jay Cohen's experience? How stupid could these guys be to believe that its safe to set foot in this country when Congress just voted in favor of cracking down on internet gambling?? After all, the FBI and Justice Department don't have anything else to do...they killed off Ken Lay (he deserved it)...they've upended Martha Stewart (she deserved it too).....so now its Internet Gambling...--perhaps the most vile crime in the world...certainly worse than distributing child porn...after all...it takes NBC news to track down child porn promoters and abusers...the FBI is too busy chasing CEO's of internet gambling companies!

Hey George---loved your use of the word "shit" when the microphones picked up your chatting with Tony...what kind of shit is going on inside our own borders....and by the way...why hasn't the CEO of Goldman Sachs (now the Treasury Secretary been arrested on the internet gambling case---after all, they floated the stock on the UK exchange---isn't that aiding and abetting?..and how about arresting the portfolio managers from Fidelity---they bought a bunch of it in the IPO and still own it?...Isn't that aiding and abetting???
Can anyone spell P-R-I-O-R-I-T-Y ????

Fair and Unbalanced Business Week?

I'm on the receiving end of a newsletter published by Leadership IQ--a very intriguing boutique that occupies the leadership training sector. Not your typical 'talking head'--the firm's principal is a guy named Mike Murphy--solid background for being a hired gun in the "turn-around management" world, and now provides seminars, training sessions etc for a formidable list of Fortune clients. I've attended one of his seminars--and this isn't jibber jabber stuff...Its tood bad his firm was launched after I was CEO of a public company...I could have used his insight on a number of challenges.

Murphy polls his subscribers every once in a while i.e. interesting topics of the day--the May canvass created lots of stir "What do you think of George Bush's leadership talents"...Forbes and WSJ reported on those results..... Anyway--Murphy polled us on Wed in the aftermath of Ken Lay's death...We all know who Ken Lay was.. Per the link on the title of this posting, it seems that Business Week reporter Jon Fine took exception to the poll thinking it was in poor taste. No big deal. Apparently a few of the receipients of the poll thought the same.. Murphy did a follow up and said he got two death threats...

But, reporter Fine, purportedly an accredited news hound thought it was so distasteful when Murphy's PR firm suggested BW write an article about the poll--he retalitated and sent an email to gawker suggesting that they should write a piece profiling Murphy as a grave dancer. (The front page of BW carried a story by Mark Morrison that pounced on Ken Lay's grave..so it seems that Jon Fine has some internal editorial issues that he can only vent through third party platforms)

Who cares? Probably nobody.. just a reminder for anyone that reads Business Week (and of course the NY Times)...and the hundreds of other "objective news channels" ..to be wary of the slant..and that we can really only expect 'fair and balanced' reporting from pre-schoolers (From the mouths of babes...)