Scandal at IBM: The Mata Hari edition

It reads like a cheesy Lifetime movie but it is not a movie at all. Robert Moffat a married (former) senior manager at IBM, who was rumored to be groomed for the CEO position, is involved in a major hedge fund insider-trading ring. But do you want to know the best part? He allegedly didn't receive a penny! What he received most in exchange for the info was lots of lovin from a Wall Street analyst named Danielle Chiesi who loved "stocks, sports and sex." Yikes! Read the story here

Ivanka Trump will debut affordable shoe line

Ivanka, Donald Trump's daughter, is debuting a collection of moderately priced shoes for spring ’11, which includes a mix of stilettos, flip-flops, sneakers and ballet flats. The line, Trump said, showcases her affinity for sophisticated and elegant looks. The shoes will be made by Marc Fischer Footwear and she is involved in the design process and guarantees that consumers that appreciate her style will find that reflected in the line. I like this girl and can't wait to see her shoe line!
WWD

Manhattan & Bronx retail stores fined for being too cool

I guess in an effort to put a dent on the city deficit *ahem* the Dept of Consumer Affairs has issued $200 fines to nine stores in both boroughs. This was based on a law enacted in 2008 that prevents store owners from leaving their doors open on hot sweltering days hoping to lure consumers with cool air conditioning. The law really tackles energy conservation while curtailing this marketing tactic. Stores such as DSW, Filenes Basement and Armani Exchange were fined. The Bronx stores that took a hit were Jimmy Jazz and V.I.M.
Ummm DCA you collected a mere $1800.00. During a recessive economy stores do what they must to stay open, keep people employeed and vendors paid. Now, cool it! Haha, for more on this article click here.

Unlocking your smartphone is now legal

Consumers who were previously bound by cell phone carriers due to restrictions with iPhone via At&t or Google's Andriod ala T-Mobile can now legally have their phone unlocked a.k.a jailbreaking. The United States Copyright Office issued exemptions to a law that now provides consumers legal protection if they decide to unlock their phones if they choose to do so. Choices people choices!