Aug 25

Financial News

Category: Banking, Investing by Stone Culdesac

Weekend sales, SLCC edition
Three bargains you need to know about, even if you’re hanging around the SLCC hotel in Chicago!

Jolie Lumiere of Jolie’s Boutique is having a big sale through September 4th to raise money for medical expenses. Whether or not you’re feeling especially charitable, half off is half off, and Jolie makes some really fabulous items — everything from gowns to lingerie.

Regulating Second Life The recent run on Second Life’s Ginko bank, one of the virtual world’s financial institutions, has prompted many residents to ponder whether their magical play land might not need some regulations after all. Their fears aren’t fueled by lewd acts or incessant griefer attacks. Rather, they’re about the one thing that truly matters: money. CFO magazine recently looked into the bank’s failure as evidence that some form of outside oversight is needed to guard against fraud, money laundering, tax evasion, and incidents like Ginko and the recent theft from the World Stock Exchange. An excellent suggestion. But the article fails to deliver on its promise.

IBM Employees Might Strike…In Second Life The Rappresentanza Sindacale Unitaria IBM Vimercate (RSU), the official trade union representing IBM’s 9,000 workers in Italy, is planning a strike to protest the fact that IBM is raking it in and none of it is being passed down to the employees in Italy.

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