May 2012
How now Brown shoe? | footnoted.com →
Always fun.
Royal Flagship's Captain: Princess, I'm afraid the tides will not allow us to bring the ship in to port before nightfall.
Princess Azula: I'm sorry, Captain, but I do not know much about the tides. Can you explain something to me?
Captain: Of course, your highness.
Azula: Do the tides command this ship?
Captain: Uh, I'm afraid I don't understand.
Azula: You said the tides would not _allow_ us to bring the ship in. Do the tides command this ship?
Captain: No, Princess.
Azula: And if I were to have you thrown overboard, would the tides think twice about smashing you against the rocky shore?
Captain: No, Princess.
Azula: Well, then. Maybe you should worry less about the tides—who have already made up their mind about killing you—and worry more about me, who's still mulling it over.
The End Of The Euro: A Survivor’s Guide | The... →
'Mommy Wars' Redux: A False Conflict - NYT... →
Anna Breslaw: The Unfuckables →
ladyjournos:
Some viewers seem to believe that it’s progressive to appreciate a weird, nerdy female loser, but there is nothing especially new about Tina Fey’s attractive, upwardly mobile, wealthy, white, college-educated Liz Lemon.
The New Inquiry || May 10, 2012
How Boaz Weinstein and Hedge Funds Outsmarted... →
At the time, traders in London had no real idea that JPMorgan was behind the trades that were skewing the market in credit derivatives. In fact, they weren’t even sure that it was a single bank or trader. But soon the City of London, Europe’s financial hub, was buzzing. Whoever the mysterious trader was, he or she kept selling derivatives intended to rise in value in the event that certain...
GOP showing small shifts on taxes - The Washington... →
Republican candidates declining to sign generally indicate that they nevertheless oppose tax hikes. But some chafe against the constraint on eliminating tax loopholes, believing those restrictions limit Republicans’ ability to negotiate seriously with Democrats on a deal to tackle the nation’s mounting debt.
In Pennsylvania, Republican state Rep. Scott Perry said he was disappointed to see his...
U.S. Seeks Russia’s Help in Removing Assad in... →
Lede: “In a new effort to halt more than a year of bloodshed in Syria, President Obama will push for the departure of President Bashar al-Assad under a proposal modeled on the transition in another strife-torn Arab country, Yemen.”
And @nytimes_ebooks:
The Assad a liability nyti.ms/Kup0ar
— Nytimes Ebooks (@nytimes_ebooks) May 27, 2012
Further: Syria Denies Responsibility of...
A New York Times Whodunit -- New York Magazine →
Deck: “Who slew Times CEO Janet Robinson? Was it Arthur Sulzberger’s new lady friend? The advertising market? The frustrated web guru? Or the ambitious Sulzberger cousin?”
Some People Were Selling Facebook On Friday «... →
Second, though, looking for the conflict of interest at the banks/prime brokers is a bit misplaced. The conflict here is basically between people who are long stock and people who want to short it. The longs want it to go up, the shorts want it to go down. To implement those desires, the longs own the stock, and the shorts borrow the stock to sell it short. From whom do they borrow it? Well,...
NBCU Exploring Buyback of MSNBC.com | Adweek →
I wish all my former colleagues the best as this shakes out. Weaning off a one portal’s firehose (to another?) is ambitious and they have a good team who I expect will be eager to have direction.
EXCLUSIVE: Here's The Inside Story Of What... →
At the end of last week, the time came to decide on the IPO price for Facebook’s stock.
This process was handled by Facebook’s lead underwriter, Morgan Stanley, and Facebook executives.
According to one source (unconfirmed), based on the book of orders submitted by both institutional and retail investors, Morgan Stanley found that there were two distinct price levels at which...
“6. Your piece is racist and sexist.
This particular comment was lobbed at me...”
– “Lowest Difficulty Setting” Follow-Up – Whatever
All the World is Staged →
On the morning of Feb. 20, 2011, a man from Singapore walked into the central police station of Rovaniemi, Finland, a town that sits along the Arctic Circle. The man told officers that another Singaporean, Wilson Raj Perumal, was in Rovaniemi on a false passport. He offered no other information before leaving the station abruptly.
Though puzzled by the seemingly random tip, Rovaniemi police put...
Even The Underwriters Were Sick of Facebook By The... →
Can You Call a 9-Year-Old a Psychopath? -... →
Rather amazing piece I’m glad I saved for the weekend.
Sigh. (Snicker.)
A: I can't imagine I'll be in line to see Bobby Brown at 5:30 a.m. but thank you very much for the invitation.
B: Hey, it's your prerogative. You can do what you wanna do.
Inside J.P. Morgan's Blunder - WSJ.com →
The Need For An Independent Investigation Into JP... →
In effect, JPMorgan Chase operates with the implicit backing of the United States government – primarily in the form of actual and potential access to borrowing from the Federal Reserve, with the implication that the Treasury could also provide support. Being effectively backed by the full faith and credit of the government is a great help; it lowers a bank’s funding costs because it reduces the...
Discord at JPMorgan Investment Office Blamed in... →
In an article about hierarchical issues within JP Morgan that led to their huge trading loss this quarter, it’s interesting to see a higher-than-normal number of women employees and questionable actions by both genders—as well as Lyme disease—treated with an even-hand. Even as is the whole thing seems like egos run amok.
“I have been thinking about that opening question for weeks — would I be the same...”
– The Smart Set: Walk Like a Man - May 16, 2012
Via Jaime. Excellent food for thought for the weekend.
Facebook in the filings… | footnoted.com →
We’ll let others focus on the blow-by-blow today. … What we found more interesting was the rash of insider trading-related forms filed late yesterday. We counted 39, which was significantly higher than those filed by Google (GOOG) insiders prior to its IPO in August 2004. Four of those were filed by various entities tied to Goldman Sachs. Digital Sky Technologies, an early investor,...
Media General to sell most of its newspapers to... →
WatchA Murder of Crows ~ Full Episode | Nature | PBS
Seattle homesick. Also, crows are awesome. As is @dotsara, who happily DM chatted cross-country as we both watched.
“12. What is your wpm when drunk on whiskey drinks?”
– About You | biblioklept
Via @hellbox. Best thing today.
“You have the advantage of human interaction? I mean: love for Tesla, but dude...”
– undisclosed.
The Facebook IPO: A Note to Mark Zuckerberg; or,... →
As posted by Dan Ariely, due to the ties about ethical behavior.
As the lead bank on your deal, Morgan Stanley is likely to get 30% of the overall take. This means that your closest investment banking “friend” will make a bit more than $200 million from your IPO.
Morgan Stanley and the rest of the investment banks involved will also make sure that their favorite fund manager client “friends”...
JaVale McGee's Crusade for Investigative... →
Via @erikhinton.
Great Moments in Campaign Finance Disclosure: What... →
campaignfinance:
A message from the President/Treasurer/Grand Poobah of Why Not ZoidPAC?, filed at around 2:30 a.m.:
To Whom I May Concern: This memo is primarily intended as a test: I recognize the gravity generally attached to something like the submission of a form to the FEC, but I wanted to confirm for myself that the Federal Elections Comission lives up to its lofty goal of transparency....
“on 7th November 1943, the 26th anniversary of the Russian Revolution, the Soviet...”
– When Willesden helped rebuild Stalingrad – a story for Victory Day | wow. the more I learn about the history of our little pocket of London, the more amazed I am. (via interestingsnippets)
