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Posts tagged “business

Italian TV Show Features #518 Businesses, Kings of Culture Studio

So apparently this past winter, Domenico Nesci visited the Capital Region for an episode of his Italian TV show, “Living In America”. Watch as Nesci visits local businesses including Richter’s on Central Ave to get a “rapper look”, gets a haircut at Enother Blessing in Troy, and even lays down some rap vocals at Kings of Culture’s studio. It was really great seeing Kings of Culture on there because I just recently began collaborating with their immensely creative team.

This is a great look for the Capital Region.

Check it out here.

Screenshot from the show.


The Breakdown: Gupta Gets Galleon Group Guap

By: Brandon

Rajat K. Gupta

Real G’s move in silence… we already know how that goes. But Bloomberg reports, Rajat K. Gupta, a former board member of the Goldman Sachs Group Inc., is being sued by U.S. regulators for passing on inside information to Galleon Group founder Raj Rajaratnam. In other words, Gupta leaked valuable company information to one business partner which led to $18 million in profits for the Galleon Group and others. Inside information is details about a company known by owners, partners, directors etc., which has not been released to the public. This information can include anything from company’s earnings for the passing quarter, to the CEO’s new coke habit. Such information in the right hands can be used by investors to reap enormous future profits, or can help them avoid losing all they invested.

The problem with inside information is it provides and unfair advantage in a market that is driven by news and speculation. Trading based off inside information is illegal; however, if this information is passed on and no action is taken, there has been no violation. You might remember hearing about a similar case in 2003, when Martha Stewart was convicted and sentenced to 5 months in jail for insider trading. In each case, the information was used and therefore warrants punitive action.

Gupta is said to have leaked the info about Berkshire Hathaway Inc.’s $5 billion investment in Goldman Sachs Group Inc. , and some quarterly earnings to Rajaratnam prior to the public. These deals drove the stock price up making the involved players a nice profit.

Gupta denies the whole thing of course. Claiming the charges are baseless and that he lost his $10 million investment on the very same deals. The SEC, who regulates the markets, says it will proceed with administrative proceedings to determine if Gupta will face any fines or other legal penalties. If convicted, Gupta may have to repay up to 3 times the profits.

So how should you feel about this? Another Wall Street scandal means more reform for the finance world and better protection of our money. The money supply in circulation is finite, and in the race to stack as much as we can, we must ALL play fair.


A Quick Lupe Fiasco Rant

Lupe Fiasco’s Lasers drops on March 8, 2011. Seems like a long time since his tweets in the summer saying his album was done huh? Well at least he has a release date and is not in the stalemate with his record company that he describes here.  Here’s the cover art. Anyone else excited?

Now I’m on a Lupe Fiasco YouTube marathon. I’m still in awe that “Dumb It Down” made it to radio with its sophisticated, extended metaphors and far out references. I still get inspired by this song. The metaphors are crazy! For instance, I like Fab, but he’d say something like “since yay tall, I’ve been like Ray Charles/ I don’t see nobody”; dope and straight forward, but also lends explanation to the lyrics which can come off cheesy. But Lupe will say “I’m earless, and I’m peerless, that means I’m eyeless”; he says he’s without hearing or sight, meaning he can’t hear or see his competition, but also he means “peerless” as in without peers, meaning no one is lyrically on his level, whoa. This is followed up by multiple references made back to these statements in this verse and throughout the extent of the song, creating a complicated lyrical web of various themes and topics intersecting at multiple nodes.


Eminem signs Yelawolf and Slaughterhouse

via MTV.com

With all of the moves from labels like Young Money, Roc Nation, and G.O.O.D. Music, the music industry is reminiscent of the NBA power trades (Orlando, Miami). Shady/Aftermath may have been feeling the heat from their competition. This signing involves acts from all over the country. Slaughterhouse (Crooked I, Joe Budden, Joell Ortiz, and Royce 5’9″) locks down the West, Midwest and the East and with Yelawolf, they seize some representation in the South. This sounds like a good thing for hip hop. Hopefully we’ll see some more lyricism hitting the mainstream soon.

Slaughterhouse is a self-proclaimed hip hop Voltron, with lyricists that shine individually, but are a force more powerful than ever when they get together on a track. They have been steadily building a cult-like following of hip hop heads who desire raw tracks where complexity in concepts, flow and overall lyricism take the front seat.

Yelawolf is known for his distinctive, scratchy, high pitched ‘Bama drawl delivered through a quick, rhythmic flow that contrasts perfectly with trunk rattling, menacing beats. He’s been touring around with the likes of Wiz Khalifa,”Waken Baken,” and Kid Cudi. Check out his mixtape “Trunk Muzik”.

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Money can’t motivate you in jobs requiring brain power

If you think you’re fairly smart and you want to be successful in the business world, then you must have a sense of autonomy, not from the control of the government, but from the control of money. It is a horrible motivator. You need to have a purpose driven by passion, not money. These statements are backed some interesting studies done with students at M.I.T. and then with laborers in India. The clever illustration work supremely adds more clarity and comprehensiveness to the ideals being introduced.

Very insightful, especially for creatives and entrepreneurs.