Seems as though Oliver Stone and Michael Douglas are bringing one of the most famous Business Industry movie characters to the screen.
Take a look at the preview, however the SPECS feel as though it will be hard to top the 1st Wall Street.
The title of this document was recited in the movie Barbarians at the Gate by the character playing Henry Kravis.
No one thought it would be easy to overthrow CNBC as the prime business channel when News Corp (Symbol: NWS) decided to create a 24hr. business network. However, the Fox Business channel does not seem to be scratching the surface either.
vs. 
Recent news reports state that the network is considering hiring Don Imus in order to boost ratings. Imus is not known as a Business personality. The move, if true, feels more like desperation instead of an innovative business decision.
Nielsen Media Research reported that CNBC receives more than 11 times the number of viewers than the Fox Business Channel. That is a big gap in viewership. The SPEC’s predict that News Corp will pull the plug on this channel in the 1st quarter of 2010. News Corp. is currently experiencing heavy losses and desperate to cut its liabilities. This is probably the reason they are attempting to sell the Dow Jones Stock Index.
We believe that the Fox Business Channel will meet with the same fate as the former CNNfn network.
In the world of free-markets and entrepreneurship, there always comes a time when the indestructible Big Kid on the Block looses its dominance to rising stars.
For example look at Yahoo (Symbol: YHOO) and Microsoft (Symbol: MSFT). Both companies were in existence and had web browser technology available before Google (Symbol: GOOG) was created in a garage. Now they cannot decide on who wants to purchase and who is willing to be acquired. Now, look at who’s the king of search, Globally!!
Blockbuster (Symbol: BBI) was the king of the video rental market. Then came along Netflix (Symbol: NFLX) who 1st gave the consumer a “No Late Fee” policy. This marketing strategy was amazing as Netflix is probably the U.S. Postal Services’ largest customer while Blockbuster is becoming a DINOSAUR.
The Adobe (Symbol: ADBE) Premiere Pro software is the standard when it comes to Flash video editing. I believe it has been the dominant player in this area for the past 4 to 9 years, maybe longer. However, the SPEC’s have discovered a company we believe is based out of India, which has software to allow even the novice video creator look like a Pro.
TOUFEE: www.toufee.com, is a company whose site allows and provides the tools to create great flash video products. The company has its own platform which provides backgrounds, uploading of images and videos, text features, etc….. Once you create the video, Toufee then allows you to forward the video for publication to YouTube. However, the best feature is that Toufee also converts the video to other formats (.flv, mov, avi, etc..). This conversion feature is great for those with video players on their website. 
The video conversion feature is simple. Toufee sends the user a email after a video if published to YouTube from its site. The email includes instructions for the designer/creator as to how to convert into a different format. The conversion process takes under 4 to 5 minutes, where Toufee will subsequently email the converted video to the author as well.
Most important is the Price & Customer Service. Toufee charges an annual fee for its service which allows the ability to create an unlimited amount of videos. I believe the highest annual price on the site is $199.95. Toufee also has random 1/2 price offers.
Toufee also has a “Support” feature. This is used to report any errors or bugs occuring whenever creating or editing a video. The SPEC’s have also used Support to ask technical questions about the product. The response time of the Toufee team has always been under 1 hour. Each response provided by the company was clear and solved all problems we encountered.
Any current or budding “Web Video” designers cannot go wrong using Toufee.
The New York Times (Symbol: NYT) recently reached an agreement with the Boston Globe employees union to certain labor and salary reductions. The Times had threatened to closed the entire paper if these concessions were not within a certain time period.
This is ONLY short-term good news for both the employees and Times shareholders. The Boston Globe along with other national newspapers have witnessed circulation and advertising numbers drop. The only exception is the Wall Street Journal, which actually gained customers for its print edition.
The Times and its management should prepare The Globe as an Internet-Only newspaper. Such a radical decision will not please Globe loyalists. However the Times wikk continue to see quarterly losses with keeping the print edition as a going concern.
The SPECs reported on this before when the Times attempted to sell The Globe and its Boston-based sports properties to raise capital. Remember, newspapers are becoming dinosaurs. The local and national news are becoming completely digitized for the desktop and mobile devices.
Long live Boston.com 
There is plenty of blame to go around. The past six months has provided blame to the Financial Industry. Many U.S. citizens are both upset and concerned that the Fed continues to bail out these firms deemed “too big to fail” while not doing enough for those who have recently become unemployed or currently going through foreclosure.
Reality ”can” justify the bailouts of financial institutions. If the capital markets are in disarray, the ecntire economy would be affected, including those entities not normally associated with the financial industry (Bankruptcy of local governments, layoffs in the educational system, reduction in public services including various insurance programs).
However, remember that WALL STREET is and has always been in business to make money, PERIOD!! They raise money for small and large businesses, local and international governments, and extend lines of credit. I don’t blame the STREET for creating this current meltdown, but give them responsibility for extending the difficulties.
This is how this story begins, WITH YOU & YOUR GREED. The housing meltdown initiated the crisis. People began to default on home loans where such defaults reverberated throughout the entire global financial system.
MAIN STREET (MS) bit off more than it can chew. Many purchased a home because of its size without looking at the costs of maintenance (Excluding a mortgage, there’s insurance, taxes, etc….). But, MS only concern was to get qualified (At any cost) and move in. The SPEC’s will not discuss the cars or other material items MS thought were necessary goods.
To be fair, there were many who persuaded MSto accululate excess. Mortgage Brokers, Real Estate Salesman, the news media, politicians, etc… In order to have any sense of self-worth in the U.S., you 1st need to “Display” yourself. If not then you are not one of the few whom are experiencing the American Dream.
WALL STREET then stepped in. They took your GREED and created tradable investment securities using it & your ignorance. CDO’s (Collaterized Debt Obligations), CLO’s (Collaterized Loan Obligations), CDS’s (Credit Default Swaps) and so forth. These firms got into trouble when the asset creating value in these securities (YOU and your mortgage payments) started to either default on their obligations or became severely delinquent, causing the value of the securities to drop.
Now here we are. Government bailouts will continue. But, the government cannot print money forever nor save everyone. For those who recently joined the ranks of the unemployed, it is time to use an innovative mind and create wealth for you and yours. Remember, the U.S.’s biggest lender, the People’s Republic of China is now doubting our economy & may begin to sell U.S. Treasuries subsequently creating more chaos.