Expedia
’Just rip ‘em off LLC
By way of a resuscitated campaign to have Ben Stein sacked from his various writing and promotion jobs, Felix Salmon at Reuters discusses a story about US consumers being deceived by dodgy online sign-up pitches and leads us to this: the relevant full blown staff report for Senate commerce committee chairman Jay Rockefeller.
… And Expedia slashes share buy-back plan
Expedia, the online travel agency, slashed plans on Monday to buy back its own shares, blaming unattractive financing conditions in jittery credit markets. Plans to finance a $3.5bn share buy-back of 25m
