But the Spaces product seems to place Posterous more in the realm of private photo sharing app Path, founded by former Facebook executive Dave Morin.

FORBES: Posterous Is Now 'Spaces,' A Photo-Focused App For Private Sharing

If the euro is to be the coin of the realm in most of Europe, private bank notes should come next.

FORBES: Magazine Article

But as a description of the actual relationship between the public and private sector in America today, at least outside the national-security realm, it's mostly nonsense.

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