Archive for July 15th, 2010
Twitter Listens To Our Demands! New Follower Notification Emails Now Include More Info
Earlier this week, we ran a post called “10 Basic and Obvious Features Twitter Still Doesn’t Have.” One of those feature requests was: “When you get an email informing you of a new follower, seeing their bio information and a few of their recent tweets.”
Well, Twitter is making good on at least part of our request. As some users are noticing, and as TechCrunch just posted, new follower emails will include the person’s short Twitter bio. This gives you an idea of who the person following you is, so you could be more informed and maybe follow them back.
Twitter still doesn’t include a few of the person’s recent tweets in the email notifications, or a direct link to follow the person back, but that’s probably a little trickier to implement.
Something is definitely better than nothing. Thanks!
Now, about those other 9 basic and obvious features…
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See Also:
- 10 Basic And Obvious Features Twitter Still Doesn’t Have
- Check Out What’s Filming At Howcast
- How To Follow Business Insider Writers On Twitter
Goldman: These Are The 10 People At The SEC That Cost Your Bank Months Of Time, Bad PR (And $550 Million) (GS)
The SEC spokesman brought up 10 people to the stage during the announcement of the Goldman Sachs SEC settlement to congratulate them.
Watch the video below.
He said they’re part of a new SEC team, the structured and new products unit, that was brought together to bring just these sorts of investigations to trial. The Goldman case was just their first, and it beat records for the biggest settlement from a Wall Street firm, $550 million.
So listen closely to their names. (We only caught a few of them.)
David Gotisman, Rick Simpson, Ken Lynch, Reed Moyo, Jason Anthony, Melissa Lamb and Jeff Tau.
Because these are the guys that will be probably on the tail of many other banks soon, now that the Goldman case is almost wrapped up. (The jury’s still out on Fabrice, who did not settle.)
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The SEC Just Blew It (GS)
The SEC just settled with Goldman Sachs for $550 million over its fraud charges against the firm. In return, Goldman doesn’t admit to any fraud, only that it omitted (rather than chose to exclude) key information from its marketing materials on the ABACUS CDO.
$550 million? As we said earlier, that’s chump-change.
The damage is done for Goldman Sachs, and they’ll quickly move on from this. Their employee, Fabrice Tourre, still has charges hanging over his head. This isn’t much different than what we predicted back on April 16.
What is different is the $550 million number. This isn’t the type of money that is going to discourage other rivals from engaging in further “omissions.” Instead, this record setting level is likely to keep things as is, and keep the SEC looking for future offenders.
But how often will they actually be able to construct cases against them? And if those cases are as weak as the Goldman Sachs one, will they even make it to the $550 million threshold?
The SEC may have scored a record settlement today, but what it shows is that the best government can do to big banking is not going to impact their bottom line very much.
Check out our updated winners and losers from the case >
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Connaught drops most in London
European equities markets were lower Thursday on new data showing that growth in China slowed in the second quarter and on news that manufacturing activity is not expanding at a reduced rate in the New York and Philadelphia regions of the United States.
The FTSE 100 was down 0.8 percent to 5,211.29 in London, while the [...]