Tuesday, February 24, 2009

TMZ

Our class remains on the cutting edge of societal evolution. Just hours after we discussed TMZ as a wisebot, it broke a major story.

Politicians took note, and the NY Times blog tried to catch up:
Northern Trust came under sharp criticism from lawmakers on Capitol Hill on Tuesday following reports that the Chicago-based bank flew hundreds of employees
and clients out to Los Angeles last week for a golf tournament that it sponsors and put them up in luxury hotels. The bank, which received more than $1.5 billion in federal bailout money in October, also hired such musical performers as Chicago, Sheryl Crow and Earth, Wind & Fire to entertain the employees and clients during the tournament, paying them tens of thousands of dollars, the entertainment Web site TMZ.com reported.

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