From Amazon to the Ganges

The prime minister of India? Ben Kingsley as the younger Gandhi? No, it’s Amazon.com CEO Jeff Bezos in Bangalore at, somewhat ironically, a shopping mall.

Jeff Bezos, founder and chief executive officer of Amazon, stands atop a supply truck during a photo opportunity at the premises of a shopping mall in the southern Indian city of Bangalore. © Reuters
Jeff Bezos, founder and chief executive officer of Amazon, stands atop a supply truck during a photo opportunity at the premises of a shopping mall in the southern Indian city of Bangalore. © Reuters

Before and Afterthought

Political cartoonists no longer have the influence that they enjoyed for many decades, if not a century, but the ones that remain continue to ply their craft. Jerry Holbert of the Boston Herald did this cartoon, about the recent lapse in White House security, which saw publication locally.

Jerry Holbert

But before it reached national syndication, the editor at Uclick requested a change in wording.

Jerry Holbert

I checked, and watermelon-flavored toothpaste does indeed exist.

Market Basket orders customers back to stores!

The Market Basket saga continues. The latest is that Governor Deval Patrick is calling for workers to return to their jobs, but that position seems to reflect the Arthur S. Demoulas side of the feud, and Patrick’s wife works for the law firm that represents Arthur S.

Apparently, Arthur T. made an ill-timed 2008 investment of the $46m employee trust fund in Fannie Mae and Freddie Mac stock.

http://www.theguardian.com/money/2014/aug/14/market-basket-arthur-millions-investing-protests

The timing of the investment was disastrous. Only months after Demoulas poured Market Basket’s profits into Fannie and Freddie, the US government took over the two companies, wiped out their preferred stock so that it was worth zero, and made them wards of the state. The upshot: Market Basket’s entire profit-sharing plan was lost in the stock market…