The Thundercats' ownership apparently shares the same broker, as Tom Ward has joined Aubrey McClendon in off-loading a boatload of shares of his company's stocks.From the Associated Press:"Tom Ward, the chief executive officer of SandRidge Energy Inc., has sold 8.9 million shares of his common stock in the company to Tulsa businessman George B. Kaiser. ... Kaiser bought the 8.9 million shares for $50 million, or $5.62 per share."How bad of a deal was that ...

tags: sandridge energy inc, aubrey mcclendon, tulsa businessman, math wizard, initial public offering, substantial holdings, chief executive officer, associated press, boatload, wack, common stock, 50 million, kaiser, stake, ceo, stocks

Yesterday we posted about Metro's route status updates and suggested you check their adverse weather page for the latest news. Funny story there. We'd walked past a rerouted 10 bus on Broadway--a big branch fell on the bus lines on 15th Avenue East on Sunday night--on the way in to work, but when we checked Metro's page, there was no mention of that reroute. Maybe they already fixed the lines, we thought. But after lunch ...

tags: status updates, 15th avenue, weather page, reroute, bus lines, funny story, secrecy, excursion, broadway, metro, first priority, lunch, radio

Ever since news broke of Bernie Madoff bilking investors out of fifty billion dollars, I’ve been trying to figure out what the heck a “Ponzi scheme” is. (Apparently, I lack the requisite historical background on Charles Ponzi.) This morning, however, I finally found a clear explanation of how it works on The Simple Dollar: Let’s say I wanted to start a Ponzi scheme to get rich really quickly. I’d put an advertisement out there saying that ...

tags: what is a ponzi scheme, charles ponzi, nten, five friends, nso, investment opportunity, what the heck, billion dollars, 5 million, south america, checks, investor, advertisement, investors, money

Apple to include 'celebrity music lessons' on new version of 'GarageBand'?Rumours abound that an announcement for the music application is about to be madeApple is rumoured to be releasing a new version of music application 'GarageBand', featuring interactive music lessons given by celebrity musicians.Apple traditionally updates its Mac program platform (which includes 'GarageBand') every January, and MusicRadar speculates that an announcement will be made about 'GarageBand' during the company's keynote address at the Macworld 2009 ...

tags: interactive music lessons, 9to5mac, program platform, music application, multimedia suite, keynote address, conference tomorrow, mac program, macworld, ilife, january 6, rumours, mentor, garageband, musicians, apple, celebrity