CQ2: Ed Murphy

Month

September 2008

19 posts

“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
Sep 30, 2008
“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.
Sep 30, 2008
Play
Sep 30, 2008
“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
Sep 27, 2008
Sep 24, 2008
“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
Sep 22, 2008
“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
Sep 19, 2008
“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
Sep 17, 2008
“Greenberg, 83, saw his holdings decline by $3.1 billion last week.” —Bloomberg
Sep 16, 2008
“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
Sep 15, 2008
“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
Sep 15, 2008
“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
Sep 14, 2008
“Unless something is settled, it’s going to be a bloodbath Monday” —Business - WSJ.com
Sep 14, 2008
E.123 : Notation for national and international telephone numbers, e-mail addresses and Web addresses → itu.int
Sep 11, 2008
“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
Sep 11, 2008
“Man…the Golden Girls are a lot hotter than they used to be.” —Free Tv
Sep 11, 2008
Play
Sep 11, 2008
“the plural of “anecdote” is not “data.” —Chet Richards » A great time to start an airline
Sep 8, 2008
“Can a computer REALLY be called “on the internet” if it can’t look at youtube videos? No offense, but please go die.” —Slashdot
Sep 5, 2008
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