St.Louis Business Journal reports -
Eight months after filing, Charter Communications Inc. said Monday it has emerged from Chapter 11 bankruptcy with $8 billion less debt. Judge James Peck in U.S. Bankruptcy Court in the Southern District of New York approved the pre-arranged financial restructuring Nov. 17, which was filed March 27 and considered one of the nation’s largest and most complex. Through the plan, Charter, the fourth-largest U.S. cable operator, will shave off $8 billion from the $21 billion debt it took on through acquisitions and service upgrades to compete with larger rivals. The company, which has 5.3 million customers and reported a loss every year since going public in 1999, said it expects to generate positive free cash flow through the reduction of more than $830 million in annual interest expense. Charter’s plan generates $1.6 billion in proceeds from an equity rights offering; reinstates $11.4 billion of its senior bank debt at below-market rates; and gives Microsoft co-founder Paul Allen the largest voting interest at 35 percent.
Very helpful instructions to help maintain your PC. If you haven’t defraggled your motherdisc recently – what are you waiting for? Your ones and zeros will appreciate it.
Go to instructions.
Divine Caroline offers this poll of which side dishes are preferred at Thanksgiving.
Vote and see the results HERE.
Gizmodo reports -
Maybe I’m just not a good pet owner, but I never understood the original Pet Rock. Mine just sat there holding down papers on my desk and refused to eat. Looks like this USB-powered one doesn’t do much either. You can order your own USB Pet Rock for $10 at ThinkGeek. Just don’t ask me to tell you what to do with it.
Order one now.
The Sun reports -
Like many adopted children, Matthew Roberts set about finding his biological parents with a mix of nerves and excitement. In particular, he hoped that discovering his father’s identity would help him to work out what made him the man he had become. But nothing could have prepared him for being told his dad was… serial killer CHARLES MANSON.
Matthew grew up in Rockford, Illinois, and didn’t know he was adopted until his sister told him when he was ten. He loved his adoptive parents but always knew he was different. He says: “My parents were great people, but very conservative. “They were products of the Fifties and I didn’t relate to them. My biological parents were products of the Sixties and I take on a lot more of those characteristics.”
Read more HERE or HERE.
BusinessWeek reports -
Wall Street is up to its old tricks again. One year later, one of the key excesses that led our consumer-based economy into an historic downturn is being abused in the exact same way that got us $147-a-barrel oil last summer. Worse, many in the media are again getting the facts wrong on oil prices and demand—as if the oil and gasoline price explosion of 2005-2008 never happened—as one look at last week’s oil report will verify.
Continue reading the disgusting details.
It is a shame that the worthless human debris on Wall Street and their government lapdogs care so little for their country and fellow citizens.
The Onion reports -
WASHINGTON—In an effort to combat what organizers are calling “our current epidemic of complete and utter obliviousness,” the American Foundation for Paying Attention to Things has declared December “National Awareness Month.” “All across the country, millions of men and women are dangerously unaware,” AFPAT spokesperson Karen Teeling said during a press conference Monday. “What’s worse, the vast majority of those suffering from this debilitating state of mind don’t even know it.” “That’s why this December we’re asking that all Americans stop whatever it is they’re doing, and take a moment to open their eyes for once—just once—in their lives,” Teeling added. “It’ll make all the difference in the world.”
ABC Australia reports -
Police began arrests after discovering early this month a container with human fat that was being shipped to Lima from the Andean city of Huanuco, some 400 kilometres north-east of Lima. Signs of “an international network trafficking human fat” first surfaced about two months ago, according to General Felix Burga, head of the police criminal division. Peruvian press cited him as saying the fat can be sold for $US15,000 ($16,325) per gallon in European countries.