"Success is doing ordinary things extraordinarily well."
The case against Lehman Brothers
Topic: Markets & Investing
4:31 pm EDT, Apr 29, 2012
60 Minutes - Steve Kroft talks to the bank examiner whose investigation reveals the how and why of the spectacular financial collapse of Lehman Brothers, the bankruptcy that triggered the world financial crisis.
Scientists at the University of Illinois in Chicago discover that men solve brain teasers better after a couple of beers. Facebook's Mark Zuckerberg was known to give interviews while drinking beer. Coincidence?
Michael Hudson: Debt: The Politics and Economics of Restructuring 2/4
11:17 am EDT, Apr 14, 2012
hael Hudson’s presentation for the session “The Challenge of DeLeveraging and Overhangs of Debt II: The Politics and Economics of Restructuring” at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin. April 13, 2012.
Kraftwerk’s Trans-Europe Express Draws Stars to MoMA
8:11 pm EDT, Apr 13, 2012
NEW YORK — Hip-hop legend Afrika Bambaataa, Japanese pop icon Ryuichi Sakamoto and former REM singer Michael Stipe were among the stars spotted in the audience at Thursday’s Kraftwerk concert at the Museum of Modern Art. They came to see the band perform Trans-Europe Express, the 1977 release that is, in many ways, the most legendary of all the Kraftwerk records.
The album’s DNA is hard-coded into the history of hip-hop and electro. The groundbreaking 1982 track “Planet Rock” by Afrika Bambaataa & the Soulsonic Force, a Rosetta Stone for early hip-hop, incorporates elements of Trans-Europe Express‘ title theme. (It also folds in elements of “Numbers,” a 1981 Kraftwerk song from Computer World.) So it was special to see Bambaataa in the MoMA audience Thursday, bobbing his head to Kraftwerk’s beats.
Richard Branson launches journeys to the centre of the Earth through Virgin VolcanicBy
10:48 am EDT, Mar 31, 2012
Richard Branson launches journeys to the centre of the Earth through Virgin Volcanic. Academy Award winning actor Tom Hanks to join first expedition.
Only 500 people have been to space, only three people have been to the bottom of the ocean, but no one has ever attempted to journey to the core of an active volcano. Until now.
Using patented carbon-carbon materials pioneered for deep space exploration, Virgin is proud to announce a revolutionary new vehicle, VVS1, which will be capable of plunging three people into the molten lava core of an active volcano.
The first-to-market commercial pen testing drop box.
:: Maintains a covert, encrypted, firewall-busting backdoor into your target network [Details] :: Includes "Plug UI" for simple web-based setup :: Tunnels through application-aware firewalls & IPS :: Sends an SMS message when SSH tunnel is activated :: Preloaded with Ubuntu, Metasploit, SET, Fasttrack, SSLstrip, nmap, dsniff, netcat, nikto, nbtscan, scapy, ettercap, JTR, medusa :: Unpingable and no listening ports in stealth mode :: Includes stealthy decal stickers
PIMCO's Gross shifts to defensive investment model
Topic: Markets & Investing
10:17 pm EST, Feb 28, 2012
It's time for defense, says Bill Gross, manager of the world's largest bond fund.
"Over the past 30 years, an offensively minded Federal Reserve and their global counterparts," or other central banks, "were printing money, lowering yields and bringing forward a false sense of monetary wealth," Gross wrote. -- Time to sell..