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Muckety this! Jonas Salk to Andy Warhol
How is the inventor of the polio vaccine connected to the famed artist?
Hint: Click in map to explore connectionsStory continues below interactive map
MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.For twenty five years, until his death, scientist Jonas Salk was married (for the second time) to artist Francoise Gilot, previously the companion of Pablo Picasso. Gilot’s two children by Picasso were Claude and Paloma.
Paloma Picasso became a well-known jewelry designer for, among others, Tiffany.
Gene Moore, Tiffany’s (and Bonwit Teller’s) eminent window dresser turned store street frontage from crammed crass advertisement into high art, literally, by hiring up and comers like Robert Rauschenberg, Jasper Johns and Andy Warhol to show their work in the stores’ public displays. Warhol worked for Moore on Bonwit Teller’s window displays.
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New Freedom’s Watch looks a lot like old Republican Congressional Committee (Muckety.com)
Freedom’s Watch was ballyhooed last year as the Republicans’ answer to MoveOn.org. It was to be a grassroots conservative group bankrolled by billionaire conservatives like Sheldon Adelson of the Sands Corp.
Hint: Click in map to explore connectionsStory continues below interactive map
MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.But after a splashy debut last summer with a $15-million ad blitz supporting American troop escalation in Iraq, came months of silence. Late last month, the board announced that it had replaced president Bradley Blakeman, a former Bush operative, with Carl Forti, political director of Mitt Romney’s campaign and an alumnus of the National Republican Congressional Committee. The New York Times described the group last week as all-but-moribund, an organization “plagued by gridlock and infighting, leaving it struggling for direction.”
And then, as quick as you can say, ‘tax-and-spend Democrat,” the new Freedom’s Watch arrived this week – running attack ads in Baton Rouge designed to influence a May 3 special election for Louisiana’s 6th Congressional district. The ads portray state Rep. Don Cazayoux as a Democrat who never met a tax he didn’t like. Cazayoux is favored to win in a tight race with former state Rep. Woody Jenkins in a traditionally Republican district.
There are two potential problems: As a 501(c)(4) organization, Freedom’s Watch cannot coordinate with the Republican Congressional Campaign Committee, the campaign arm of House Republicans, or advocate for or against a particular candidate.
Asked about the decision to weigh in on the Louisiana race, Forti told the Washington Post that “tax policy is an enormously important issue nationally, and it is increasingly dominating the public policy debate.” He added that “with the economic slowdown, it’s important taxpayers know Don Cazayoux has a record of voting to raise taxes and fees on everything from groceries to hunting and fishing licenses.”
But the Democratic Congressional Campaign Committee filed a complaint with the Federal Election Commission, saying the ads use the same script as earlier ads from the NRCC, and therefore show illegal coordination.
Patrick McCarthy, the media consultant who wrote the Cazayoux ad for Freedom’s Watch and a former staffer of the NRCC himself, said an innocent mistake caused the document to appear as if it came from the NRCC. McCarthy said he pulled up an old ad template from his NRCC days and wrote the Louisiana ad script over it, then saved the file and sent it to the TV stations.
“It’s absurd on the face of it. They’re grasping at straws if they’re saying recycling an old Word document is illegal,” said McCarthy who now works at Designated Market Media, whose partners all come from the RNCC or the Bush White House.
But perhaps it’s more absurd to think that Freedom’s Watch could be a separate and independent organization when its lineup is also an NRCC alumni Club. Besides Forti and consultant McCarthy, there’s also Ed Patru, a former NRCC spokesman.
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Muckety This Jonas Salk to Andy Warhol
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New Freedoms Watch Looks a Lot Like Old Republican Congressional Committee
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Will Smith invests in PluggedIn, new music video site
Three of the biggest companies in the music industry will be providing content for web-newcomer PluggedIn, which offers high-definition music videos and concerts to be streamed online for free.
Hint: Click in map to explore connectionsStory continues below interactive map
MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.Will Smith’s production company, Overbrook Entertainment, is the major investor. Overbrook Entertainment, which manages artists in addition to producing films, is partnered by Ken Stovitz, Smith’s former agent at CAA. James Lassiter, the producer of I Am Legend and Ali, also produces for Overbrook.
Other investors include PluggedIn’s founding partners Kevin Welk and Brett O’Brien.
PluggedIn intends to do for music videos and concerts what YouTube does for user-created content and Hulu does for TV shows. The company announced yesterday that its users will have access to content from Universal Music Group, as well as EMI and Sony BMG.
The site describes itself as evolving from a “from a rare partnership between proven Internet entrepreneurs and successful music industry executives.”
Jeff Somers, PluggedIn’s CEO, previously worked for Zillow.com, a website that estimates real estate values by address. He formerly worked in vendor relations for Amazon.com.
Co-founders of PluggedIn include XDrive founder Brett O’Brien and chief marketing officer JJ Aguhob. XDrive was purchased by AOL in 2005. Kevin Welk, the CEO of Vanguard and Sugar Hill Records is also a founding partner.
Nicola Marzolla, a former Yahoo software engineer, is an engineer for PluggedIn.
PluggedIn’s content includes more than 10,000 free music videos, some of which can be streamed in high definition.
Users can also save videos and photos of artists such as U2, Jay-Z, Amy Winehouse and Rihanna. PluggedIn also plans on serving as a social network, allowing users to connect to one another by sharing created playlists.
The new content that PluggedIn is able to provide is the HD videos provided by EMI, Universal Music Group, and Sony BMG. The rest of their artist information comes from other websites.
YouTube links are provided to fill in the gaps in music video and TV offerings. PluggedIn links to Amazon, StubHub and eBay to purchase music, concert tickets, ringtones and other merchandise. Artist bios are mostly provided by All Music Guide, and news listings go to outside sites such as MTV.com and newspapers. PluggedIn also offers content from Wikipedia and blogs.
Will PluggedIn provide enough original content for users to be satisfied with the service they plan to offer? Considering the site doesn’t even have the HD music videos of investor Will Smith’s anthems Gettin’ Jiggy Wit It and Miami, PluggedIn’s success may be determined by future content acquisition.
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Mortgage crisis helped John Paulson reap $3.7 billion (Muckety)
A bad year for homeowners meant a good year for John A. Paulson.
Paulson, the founder and president of the hedge fund Paulson & Company, made $3.7 billion last year, according to an annual listing of the 50 most highly paid hedge fund managers.
The list compiled by Institutional Investor’s Alpha Magazine was previewed on the magazine’s website yesterday.
Paulson acquired his money by betting against the subprime mortgage market, using a complicated system that increased his earnings as the value of financial instruments bundling the mortgages dropped.
In other words, as the world got poorer, Paulson got richer.
He was by no means alone.
The list of top managers shows four other billion-dollar earners.
George Soros, of Soros Fund Management, made $2.9 billion last year, followed closely by the 2006 leader, James H. Simons of Renaissance Technologies at $2.8 billion.
Philip Falcone of Harbinger Capital Partners earned $1.7 billion and Kenneth Griffin of Citadel Investment Group came away with $1.5 billion.
The average compensation for the top 25 fund managers last year was $892 million, according to the survey.
The report of this wealth stands in contrast to other recent news about home foreclosures, record-high oil prices and food shortages in some parts of the world.
Even Wall Street is a little “uneasy” that some individuals are doing so well because others are doing so badly, the New York Times reported.
“There is nothing wrong with it – it’s not illegal,” William H. Gross, the chief investment officer of the bond fund Pimco, told the newspaper. “But it’s ugly.”
The Wall Street Journal wrote in January that Paulson had told friends he was going to increase his charitable giving to help those in need.
In October 2007, he donated $15 million to the Center for Responsible Lending. That money was to help families about to lose their mortgages.
“While we never made a subprime loan and are not predatory lenders, we think a lot of homeowners have been victimized,” Paulson told the Journal.
Paulson, 52, who is not related to U.S. Treasury Secretary Henry M. Paulson Jr., began his investment career at Odyssey Partners. He moved on to Bear Stearns, where he was in mergers and acquisitions. From there, he went to Gruss Partners, the investment firm.
In 1994, Paulson started Paulson & Co. with $2 million. By the end of last year, the firm had $28 billion in assets, an increase in $22 billion from the previous year, the Times reported.
In January of this year, Paulson & Co. made news by appointing Alan Greenspan, the former chairman of the Federal Reserve, to its advisory board.
The appointment was panned by some. They said that Greenspan had switched sides by joining up with a company that had profited from the failure of low-interest policies that he had advocated while leading the Federal Reserve.
([Muckety](https://createpositivechange.org/2008/04/17/mortgage-crisis-helped-john-paulson-reap-37-billion/2212)
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Will Smith Invests in Pluggedin New Music Video Site
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Tesla Vs Fisker a Battle Over High End Green Car Technology
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Mortgage Crisis Helped John Paulson Reap 37 Billion
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