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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. First municipalities and larger commercial customers, and more sophisticated retail depositors. trillion failed. What caused it?

FDIC 78
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Soda Wars Summer

PYMNTS

The Ad Age story notes that it will also be supported by TV advertising, social media efforts and a summer-long “experiential” tour. The app will also allow users to record a 15-second “digital lip-sync video” that can be shared on social media using the hashtag #ShareaCoke, the brand told Ad Age.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: May 18, 2007. in May of 2007 to Google’s $3.1B That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. And in the short-term, that would have looked like a good deal, as the social media site hit its peak in 2007 at a value of about $12B.

Google 76
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Finovate Fall 2016 Live Blog – Day 1

William Mills

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Silver Fusion Retail Outlet: Where Snowbirds Shop”. Integrated with major retailer API’s like Amazon, eBay, Best Buy and several other aspirational brands. Founded: May 2007. Their application is middleware.

Mobile 40
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11 Lessons From Startup Chapter 11s

CB Insights

On the other, you have companies like Earth Class Mail, which despite its large user base went bankrupt during the 2007-08 financial crisis, only to reinvent itself and flourish under new ownership more than a decade later. Julep: M&A doesn’t guarantee ‘synergies’ Founded: 2007. Download the full 25-page report.

Apple 78
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The Curious Case For Breaking Up Tech Giants

PYMNTS

And that we should do that not because they’re tax evaders or evil — all things he said they, like all of us, are. Fail — along with just about every other commerce initiative Facebook has tried to ignite using its platform, starting with Beacon in 2007. A famous one is the correlation between sunspots and murder rates — there is none.

Google 148
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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

Cocaine, Redux Beverages (2007). Pulled from shelves in 2007 for marketing itself as an alternative to illegal street drugs, this over-the-top energy drink has 2.5 Windows Vista, Microsoft (2007). Joost, Joost (2007). Trump Steaks, Donald Trump (2007). times the caffeine of Red Bull. DIVX, Circuit City (1998).