July 2012
17 posts
No credit for Uncle Sam in creating Net? Vint Cerf... →
Q: In his Wall Street Journal column, Gordon Crovitz writes that the federal government’s involvement in the creation of the Internet was modest. Does that jibe with your recollection?
Vint Cerf: No. The United States government via ARPA started the project. (Bob Kahn initiated the Internetting project when he joined ARPA in late 1972. He had been principal architect of the ARPANET IMP...
Sandy Weill, Citigroup's ex-CEO, does an... →
Speaking on CNBC’s “Squawk Box,” the 79-year-old Weill appeared to shock the show’s anchors when he said that consumer banking units should be split from riskier investment banking units. That would mean dismembering Citigroup as well as other big U.S. banks, like JPMorgan Chase and Bank of America.
It’s an idea that’s traditionally more in line with the banking industry’s harshest critics, not...
