Saturday, October 4, 2008
Weekend Update, 10/03/08
The week ending Oct. 3, 2008 was a momentous one, and not solely because of ongoing McCain-Obama high jinks like Tina Fey’s encore as Sarah Palin on “Saturday Night Live” or the one and only Web site where you can decide the race in a Kung-Fu Election.
- First and foremost, this week’s big slide on Wall Street hit tech stocks with a vengeance, too, disproving Google CEO Eric Schmidt’s assertion a little more than a week ago: “My guess is that the drama is New York and not here.” Ouch. But don’t say BoomTown didn’t warn you.
- Ted Ullyot, Facebook’s new general counsel, has “strong ties to the Republican Party.” Including a stint in former U.S. Attorney General Alberto Gonzales’s office, where, as chief of staff, he handled the government’s response to the the leak of CIA operative Valerie Plame’s indentity. “Ted’s arrival demonstrates we’re a little more grown up.” No word on whether or not you need to change your status immediately.”
