The dark side of Dubai is this week’s essay of the week.
Essay of the Week: 4/19/09-4/25/09
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Category Archives: Money
Links for Today
An account of a successful American ambush in Afghanistan. Cometary from professionals can be found in the comment section here.
My question: What is up with using an F-15 to chase down a few fleeing men? I am starting to believing those people who are arguing that America is using air power indiscriminately. I can understand mistakes and collateral damage, but throwing a 500 pound bomb at every fool with a AK-47 seems counter productive.
More games from Citigroup. Somehow, we think we can construct a recovery on lies.
Suicides on the rise in India and Japan.
Links For Today
Pirates believe in deterrence. Keep that in mind when people tell you that deterrence would not work against Pirates.
A very interesting parsing of a New York Times article. The first couple of paragraphs of the post are just blather. But keep reading.
The Games Never Stop
Meanwhile, back in the US, Goldman recorded super earnings in the first part of the current fiscal year, announcing Q1 earnings of $3.39 per share, well above the consensus expectation of $1.64. Except that they didn’t. Buried in the small print, it appears that as the Easter Bunny was delivering candy and eggs to children all over the world, he also desposited a small turd in the GS income statement. In December, which magically falls outside the aegis of any reporting period (falling through the cracks, as it were, in the transition from investment bank to bank holding company) , the firm lost $2.15 per share. Add that to the Q1 earnings figure, and you get a result that is comfortably lower than consensus.
Links For Today
The End of the World Is Nigh Again. (A post arguing that the market is due for another major correction).
The Fruits of China’s One Child Policy. We all know that there is going to be more males than females in China because of the one child policy. But the figures keep getting worse and worse.
Links for Today
Links for Today
Rant of the Week: 4/5/09-4/11/09
This week’s rant of the week is a lecture on management from Sippican Cottage.
Links For Today
Maybe this is how our cat died? Symptoms seem to match but the vet thought that it was just the flu.
They want to give the President the power to shut down the internet. But the President already has the power to declare martial law if necessary. Why give him more power?
How long before this sort of things starts to make people really angry?