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Bank of America Will Make Amends for Destroying Economy by Paying Billions to Other Banks

John Cook · 06/29/11 01:22PM

Bank of America feels just awful about it's role in packaging and selling a bunch of junk mortgages and inflating the economy with bad debt until the bottom fell out and more than 5 million people lost their jobs and more than 2.5 million went on food stamps, except for BofA's executives, who still got paid. So it's decided to pay $14 billion to BlackRock, the Federal Reserve Bank of New York, and a bunch of other extremely wealthy institutions to make up for it. Are we square?

Tina Brown Sees Nothing Wrong with Freakish Zombie Diana

Richard Lawson · 06/29/11 01:11PM

NewsweekBeast editor Tina Brown was on Morning Joe this, uh, morning and was asked about the controversial new Newsweek issue that imagines Princess Diana at 50 if she were still alive, complete with a creepy Photoshop on the cover. Despite the criticism, Tina still likes it!

Does Anyone Want a Google Plus Invite?

Adrian Chen · 06/29/11 12:04PM

Google just launched its new Facebook thing: Google Plus. And it's invite-only. But people aren't exactly killing each for Google Plus invites. Oh, how times have changed since the Gmail Invite Gold Rush.

Weird Singing Show Features Gay Singers

Richard Lawson · 06/29/11 11:38AM

NBC's singing competition show The Voice, a terrible blend of American Idol and In It To Win It, has somehow scoured the globe and found two gay singers, who are currently in the top four. So half the remaining singers are gay people. What the hell?

James Franco's First Music Video Is as Ridiculous as You Imagined

Brian Moylan · 06/29/11 11:14AM

James Franco is like that pretentious guy in your freshman dorm that you talk to because he's hot, and he's always going on about acting and writing short stories and all his other artistic pursuits even though he's not particularly good at any of them. And of course he's in a band, too. Of course.

Courtney Love Stole This Man's Car

Maureen O'Connor · 06/29/11 10:57AM

Courtney Love takes David LaChapelle's car and chauffeur for a midnight joyride. David Duchovny and Tea Leoni split up again. Kim Kardashian hands out wedding confidentiality agreements. And Emma Watson talks about her first crush. Wednesday gossip asks, where's my car?

Which Actor Had Sex with Five Women in One Day?

Brian Moylan · 06/29/11 10:05AM

This former TV star may be a has-been but he's still going strong in the sack. This actor has a mysterious scar. This actor signed everything away for a reality show. And this other actor is having trouble with the feuding mothers of his children. It's tough living in a man's world!

Cook-off Cop Fired for Tossing Tear Gas at Rivals

Lauri Apple · 06/29/11 07:57AM

If you were competing in the prestigious Houston Livestock Show and Rodeo barbecue cook-off and some other team started to annoy you, would you a. simply ignore them, b. taunt them for making "shitty bullshit food," or c. throw "some type of tear gas-like device" at them?

Something New to Fear: Your Eyeballs Exploding

Lauri Apple · 06/29/11 06:35AM

Jose Goncalves of Hartford, Connecticut, doesn't have a working right eye anymore, but he does have 925,000 new dollars. The money comes from the U.S. Department of Veterans Affairs, which agreed to compensate Goncalves for a botched cataract operation during which his eye, uhhhh, blew up.

Sexting-Politician Epidemic Strikes Southern City

Lauri Apple · 06/29/11 04:21AM

Back in 2009—long before Anthony Weiner sexted his way out of political office and into an ice-creamy crucible of regret and derailed dreams, Louisiana pol Joe Stagni texted a chest-pic of himself to a colleague. Now the pic's resurfaced, because that's just how sextpics operate.

See How China's Celebrating 90 Years of Communism

Lauri Apple · 06/29/11 03:45AM

This week the Chinese are celebrating their Communist Party's 90th by buying it a sentimental birthday card, taking it out to Shoney's for the breakfast buffet, then swinging by J.C. Penney to get it a nice new cardigan sweater and some comfortable slippers.

No One Likes Dollar Coins

Seth Abramovitch · 06/29/11 03:19AM

The Federal Reserve vaults are sitting on $1 billion — that's with a "b" — in unused one-dollar coins, shunned currency that has been piling up since 2007, when a government program made their production compulsory. That number could double by 2016, when the program is scheduled to end.

War Horse: A Boy, His Horse, and Steven Spielberg

Matt Cherette · 06/29/11 03:18AM

Here's a trailer for War Horse, directed by Steven Spielberg and slated to open in theaters on December 28. Set in Europe during World War I, War Horse tells the story of a boy, Albert, and his beloved horse named Joey. When the two are forcibly separated, Albert attempts to track Joey across Europe's war-torn trenches, which—as you'll see in the trailer—provide a visually stunning backdrop for what Spielberg is billing as an "epic adventure." Did somebody say Oscar?