Felix
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Latest blogosphere posts tagged “Felix”
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How Larry Summers Lost Harvard $1.8 Billion
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: Most people, if they’ve hired a legendary fund manager on a multi-million-dollar salary to look after investments and liquidity, would listen to the advice of that person. But most people aren’t Larry Summers : It happened at least once a year, every year. In a roomful of a dozen ...2 hours ago -
Hero of the Day: Jackie Ramos
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: Jackie Ramos was fired by Bank of America ( BAC ) for being too nice to their customers. Of her three commandments — do the right thing for the customer; think of yourself as a customer; and do the right thing for the company — it turns out that only one mattered. Consumerist has ...2 hours ago -
The Worlds Largest Guilt Trip
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: Brent White shows that underwater homeowners across America are signally failing to take my advice (or that of Mark Gimein ) and walk away from their homes: Only about one-fourth of homeowner defaults are strategic, with the other three-fourths triggered by job losses, divorce ...3 hours ago -
Rock and Roll History November 29th
Rock and Roll Guru —
Authority: 145
Here’s today’s Rock and Roll History Lesson with a couple birthdays, some Beatles, Bruce Springsteen, Rolling Stones, Kiss and the loss of a loved one. Please ignore the pained expression on my face in the image below. Sometimes when I embed the videos from YouTube, the first image you see comes from somewhere ...8 hours ago -
How Larry Summers lost Harvard $1.8 billion
Felix Salmon —
Authority: 727
Most people, if they’ve hired a legendary fund manager on a multi-million-dollar salary to look after investments and liquidity, would listen to the advice of that person. But most people aren’t Larry Summers : It happened at least once a year, every year. In a roomful of a dozen Harvard University financial ...9 hours ago -
Mertesacker saves Bremen as Hamburg and Schalke stumble
Thaindian News —
Authority: 729
Hamburg, Nov 29 (DPA) Werder Bremen needed a late equaliser from Per Mertesacker to somehow salvage a 2-2 at home to VfL Wolfsburg and move top of the German Bundesliga while Schalke 04 and SV Hamburg both slipped up.Edin Dzeko twice put Wolfsburg in front but first Hugo Almeida and then a Mertesacker header [...]22 hours ago -
Three Ugandan Army Officers Die During Accident in Djibouti
Net News Publisher —
Authority: 451
Local press in Kampala has reported that three Uganda Peoples Defense Forces (UPDF) soldiers died on Thursday morning in a motor accident in Djibouti, hours after they arrived in capital of Djibouti for the East African Brigade training exercise. The daily papers said one of the dead soldiers has been identified as ...1 day ago -
“Emotional” Drogba aims to give back to Ivory Coast all the “kindness” he got
Thaindian News —
Authority: 729
Abidjan (Ivory Coast), Nov 28(ANI): Chelsea striker Didier Drogba has set himself the task of constructing a 200 bedded hospital in Abidjan, Ivory Coast, which will provide treatment currently unavailable in the country. Drogba is raising 2.5million pounds and has donated the fee from his sponsorship deal with Pepsi ...1 day ago -
No defense for Raiders in Dallas
Just Blog Baby | An Oakland Raiders Blog —
Authority: 120
All year long the Oakland Raiders have played bend but don’t break defense. On Thanksgiving Day they broke leading the way as the Silver and Black went down 24-7 to the Cowboys. The offense did little to help the cause. Tom Cable’s play calling didn’t even take his team across midfield in the first half.But ...2 days ago -
REVIEW: “Cuba and His Teddy Bear”
Chicago Theater Blog —
Authority: 137
Chilling and tragic examination of father-son dynamics UrbanTheater and People*s Theater of Chicago presents: Cuba and His Teddy Bear by Reinaldo Povod directed by Marilyn Camancho thru December 13th ( ticket info ) review by Oliver Sava A family drama in unfolding at ...2 days ago -
Against Liquidity
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: Paul Krugman today argues in favor of a financial-transactions tax on the grounds that it would discourage over-reliance on ultra-short-term repo markets, among other reasons. In other words, reliance on repos is a bad thing, and it’s a good idea for government policy to “nudge” ...2 days ago -
Dubais Disabused Creditors
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: The Economist has a good short overview of the situation in Dubai, which includes this interesting take: Investors had half-expected Dubai World to seek forbearance from its bankers, asking them to extend their loans. But they felt sure the emirate would make good on publicly traded ...2 days ago -
Cracking Down on Destructive Lenders
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: It’s almost quaint that there are still people out there who believe that all market participants are always rational actors making decisions in their own economic best interest. Take Daniel Indiviglio , who even stands up for IndyMac and its “inequitable, unconscionable, vexatious ...2 days ago -
The Dollars Still Not Safe
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: One quote jumped out at me from the Reuters Dubai round-up this morning: “We have seen a classic risk aversion reaction in the markets over the past 24 hours. The dollar has slumped, the yen is stronger,” a Societe Generale note said. Complete Story »2 days ago -
Black Friday (2)
Corrente —
Authority: 626
Well, lets hope the celebrities who put all their money into Dubai World dont lose it all, or, worse, thinking theyll lose it all, spark a panic. Its certainly our duty to prevent that . (One imagines the calls: "Dont you know who I am ?") Felix Salmon has a nice post, with a chart, and makes this point:2 days ago -
We are one more
The Apocalypse Blog —
Authority: 129
Can’t stay for long. I’m so tired. We are one more now. The disturbance last night was Masterson shouting for help – Sally had finally gone into labour. Real, water-breaking, belly-rippling, screaming labour. The whole building was in chaos. The boys were put on finding cloths – sheets and towels – and ...2 days ago -
The Emerging-Market Bubble
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: This chart (via Paul ) I think is too meek: of course the current emerging-markets boom is debt-financed. And boy does it look bubblicious, what with the Bovespa having doubled in the past 12 months and rapidly approaching its all-time high. Complete Story »2 days ago -
How to Live with a Financially Illiterate Population
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: John Carney is right: a very large number of Americans is always going to be financially illiterate, and there’s nothing we can do about it. Indeed, if we try too hard to do something about improving financial literacy, there’s a good chance we’ll only end up creating a new cohort ...2 days ago -
Dubai World: A Great Precedent
SeekingAlpha.com: Home Page —
Authority: 640
Felix Salmon submits: The Dubai World default is big news — big enough that it’s even made it into Gawker . Your one-stop shop for bloggy coverage this Thanksgiving is Alphaville , which features for instance this wonderful chart of the debt structure which is now being crawled over by lawyers around the ...2 days ago -
Felix Roco Shines in ‘Engkwentro’
Starmometer.com —
Authority: 444
A scion of a local cinema legend Bembol Roco and an up-and-coming heartthrob in Pinoy showbiz, 20-year-old Felix Roco makes a mark with his internationally acclaimed performance in the Venice Film Festival double-awardee Engkwentro. Taking the lead role of Richard, a gangster running away from the murderous ...3 days ago

