Tuesday, September 30, 2008
John Paulson, Paulson & Co., $3.7billion. Paulsonmade $3.7 billion last year, mostly by shorting, or betting against,subprime mortgage securities and collateralized debt obligations. Oneof Paulson’s credit funds earned a 590% return last year, according toAlpha; another racked up a 353% return.
Philip Falcone, Harbinger Capital Parters, $1.7billion. There is no word yet on how much money Falcone has made fromchallenging the New York Times board, but shorting subprime mortgagesclearly was a profitable decision.
Deal Journal took a look at Alpha’s list and how the 10 highest-paidmanagers made their money. We ranked them below by name, firm and theamount of their yearly compensation in 2007. Full article here.
Monday, September 29, 2008
There have been 3 bomb blasts in India in the past 10 days. Two of them in Delhi (the national capital) and one in Bombay (the financial capital). I am hoping at some point some is going to step up and go; "Guys this is not business as usual. We need to figure out what the #$% is going on!!!" But so far all I am hearing is "In other news today, 6 dead from a bomb blast in Maharashtra. Government says it is looking into this matter"... Come again... you are doing what!?!
Thursday, September 25, 2008
From right where you are sitting or standing right now, you can take a country from
What am I talking about?
- Average American spends 960$/year on presents.
- 960$ will provide 48 people in Ethiopia clean water for20 years!
- 1 out of 4 people in Ethiopia have NO access to clean water.
- Women walk three hours a day with 40pounds on their back to get not_so_clean water. Girls have to choose between school or fetching water.
- I am joining Scott in his goal to raise 1.5 million this month to give clean water to 150,000 people through 333 wells.
My birthday is tomorrow... :-) I am not saying you were thinking of getting my a gift. All i am asking is that you consider donating1,2,5,10,32, or whatever amount you can to help with this cause. Also,i realize that you might be already supporting a lot of worthy causes in which case please accept my humble thanks!
If you are ready -> don't hesitate... go here. Oh, if you see me walk around with a black shirt which says"September" on the front. Now you know why ;-) Spread the word around.
Wednesday, September 24, 2008
sent a letter to and
"PETA'srequest comes in the wake of news reports that a Swiss restaurant owner willbegin purchasing breast milk from nursing mothers and substituting breast milkfor 75 percent of the cow's milk in the food he serves," the statementsays.
Posted by email from Staysmall's posterous
Friday, September 19, 2008
For the first time in its history, Stanford isoffering some of its most popular engineering classes free of charge tostudents and educators around the world. Stanford Engineering Everywhere (SEE)expands the Stanford experience to students and educators online. A computer andan Internet connection is all you need. View lecture videos, access readinglists and other course handouts, take quizzes and tests, and communicate withother SEE students, all at your convenience.
Thursday, September 18, 2008
The Onion does it again J. Link
(btw this is just me enjoying the parody. As soon asOnion publishes their version of Palin’s inbox –not the allegedlyreal one Gawker published, I will most certainly post that as well).
China'sstate-controlled fund may buy as much as49 percent of the New York-based investment bank, said the person, who declinedto be identified because the talks aren't public and may end in no agreement.Morgan Stanley resumed its decline on the New York Stock Exchange, falling asmuch as 22 percent.
Wednesday, September 17, 2008
Tuesday, September 16, 2008
Monday, September 15, 2008
To the tune of 639 billion dollars. Said another way;Lehman just told the world that they own the equivalent of two thousand and one hundred (2140 to be exact) Boeing747-8’s (the most expensive plane in Boeing’s productlist) that we cannot pay a penny on. Nice job!
Saturday, September 13, 2008
We continue to wait out Ike’s wrath withfriends. Please be praying for friends and family in the south texas area.
Statesman: Galvestonunder water
bbc: BBC NEWS | Americas |
Hurricane Ike also swept right over Beaumont,Port Arthur, and Galvestonin Texas. Texas refineries processes 1 out of every 4 barrels of oilin the USand this is one of the big concerns for now along with loss to property andlives.
Friday, September 12, 2008
Wow really guys, off with their heads eh....
Saudi: OK to kill owners of 'immoral' TV networks
Friday September 12, 9:57 am ET
Tuesday, September 09, 2008
(photo credit -> flickr -> userBB)
Try this -> blogpost
I am using the above and excited about it J
Or if you are looking for something professional; this-> taglocity.
Monday, September 08, 2008
Alan Cooper shows how to make a presentation onAgile more presentable J
Wednesday, September 03, 2008
Tuesday, September 02, 2008
You can check out my first posterous entry here (http://bit.ly/4xeaRO)