“The dual is recognised by many Slovene speakers as one of the most distinctive features of the language and a mark of recognition, and is often mentioned in tourist brochures.”
—Wikipedia
September 2008
19 posts
“His wife was running for president. If you give me a choice between pissing off a whole race of people or my wife — sorry, blackies! He had no choice. Right, Larry? You’ve been married like twelve times.”
—Chris Rock on Larry King, on the topic of Bill Clinton playing the race card in the Pennsylvania primary.
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“That’s why I say I- like every American I’m speaking with, we’re ill about this position that we have been put in, where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up our economy um, helping th- oh! it’s got to be all about job creation, too, shoring up our economy, and- and putting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans. And trade — we have st- we’ve got to see uh- trade as opportunity, not as uh- uh- competitive um scary thing, but one in five jobs being created uh- in the trade sector today we- we- we’ve got to look at that as more opportunity. All of those things under the umbrella of job creation.”
—Language Log
“he Federal Reserve, in an attempt to prevent the crisis on Wall Street from infecting its two premier institutions, took the extraordinary measure on Sunday night of agreeing to convert investment banks Morgan Stanley and Goldman Sachs Group Inc. into traditional bank holding companies. With the move, Wall Street as it has long been known — a coterie of independent brokerage firms that buy and sell securities, advise clients and are less regulated than old-fashioned banks — will cease to exist.”
—Business - WSJ.com
“And here let’s pause to dispense with a ridiculous assertion from Karabell, which makes one seriously question the credibility of his argument that the market is somehow overreacting ridiculously. He writes in his WSJ op-ed today that the value of the mortgages only has dropped about 10 percent or 20 percent, so how could the value of the securities been wiped out? “There’s something wrong with that picture: Down 20 percent doesn’t equal down 100 percent,” he says. But of course it can. That’s what “leverage” means. When you have a C.D.O. made up of mezzanine tranches of subprime M.B.S., down 20 percent in the underlying can mean exactly that.”
—The Big Picture
“What assets retain value in the midst of a financial panic? Data centers. When assets of bankrupt Lehman Brothers were sold to Barclays Tuesday for $1.75 billion, Lehman’s data centers and headquarters accounted for $1.5 billion of the value in the deal. That echoes the JPMorgan-Bear Stearns fire sale, in which Bear’s two data centers and HQ represented much of the sale price. Amidst financial turmoil, Wall Street’s high-tech data centers become the crown jewels for buyers of distressed assets.”
—Slashdot
“Greenberg, 83, saw his holdings decline by $3.1 billion last week.”
—Bloomberg
“On AIG: 72 hours to live Actually, 48 hours - 72 hours, in the event of a credit rating downgrade. So reports the New York Times, citing an individual close to the firm.”
—FT Alphaville
“PWC told a news conference in London that it is unclear whether Lehman’s UK staff will get paid the $75m (£42m) that they are owed in wages this month. “When we took over this morning, there was no cash in the company,” said Tony Lomas from PWC.”
—BBC
“NEW YORK (Reuters) - American International Group Inc CEO Robert Willumstad turned down a private equity infusion and turned to the Federal Reserve for help, the Wall Street Journal, citing people familiar with the situation, reported Sunday.”
—CNBC.com
“Unless something is settled, it’s going to be a bloodbath Monday”
—Business - WSJ.com
“We looked at wage numbers and reproductive rights. What we do in terms of work and family is a huge impediment to women being utilized from an economic perspective. If you compare paid leave policies, the U.S. is tied for last with Lesotho and Papua New Guinea.”
—Deal Journal - WSJ.com : America’s Woman Problem
“Man…the Golden Girls are a lot hotter than they used to be.”
—Free Tv
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“the plural of “anecdote” is not “data.”
—Chet Richards » A great time to start an airline
“Can a computer REALLY be called “on the internet” if it can’t look at youtube videos? No offense, but please go die.”
—Slashdot