A Run on the Bank of Microsoft?

Wow... did I just predict this? Yesterday, in my Problems at Facebook? post I referenced (somewhat jokingly) how I was kinda surprised that in the current economic conditions, the EU hadn't tapped into the Microsoft cash machine using some anti-trust excuse. Lo and behold, a few minutes ago Microsoft issued a press release in response to a 'Statement of Objections' it received from the EU about - you guessed it - European anti-trust law. Obviously, I had no knowledge of this when I posted yesterday - I'm just a foot soldier. The timing is a little spooky though... maybe I should muse of some good things happening. ;)

I wonder if this is the beginning of another run on the Bank of Microsoft by the EU...

Update: More coverage in the Wall Street Journal. This thing is probably going to go on for a while. Sigh!

$10,000,000,000 == $1

I'm no economist, but it's hard to not have seen this coming. From the article:

Zimbabwe will drop 10 zeros from its hyper-inflated currency -- turning 10 billion dollars into one -- the country's reserve bank said Wednesday. President Robert Mugabe threatened a state of emergency if businesses profiteer from the country's economic and political unraveling.

Just a couple of weeks ago, Zimbabwe introduced a 100-billion dollar bill, and it didn't buy nearly enough. People are suffering in Zimbabwe while a corrupt government mismanages the economy. I truly hope their economy recovers soon...