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  1. R

    Should You Feel Guilty About Walking Away?

    http://economistsview.typepad.com/economistsview/2009/12/should-you-feel-guilty-about-walking-away.html Everyone's Defaulting, Why Don't You?, by Daniel Gross, Commentary, Slate: Strategic defaults¡X...people who could continue to make payments on ... their homes deciding to walk...
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    Former SAC Capital Employee Details Forced Oral Sex, Hormone Use, Sodomy, And Cross D

    http://www.businessinsider.com/sac-capital-andrew-tong-hormones-sex-allegations-2009-12
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    Somalia Sea Gangs Create Pirate Stock Exchange

    http://www.cnbc.com/id/34219018 "I am waiting for my share after I contributed a rocket-propelled grenade for the operation," she said, adding that she got the weapon from her ex-husband in alimony. "I am really happy and lucky. I have made $75,000 in only 38 days since I joined the...
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    Amazing Pictures, Pollution in China

    http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/
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    The U.S.A. Is Still the World's Largest Manufacturer

    Where are Germany and Japan?
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    Selling China in 2008 is like selling America in 1908...

    I sell electronic parts to thousands of electronic firms in China. My 2008 Q4 revenue was down 30% again Q3. And 2009 Q1 orderbook is <50% of 2008 Q4 level. The situation is extremely serious in my industry.
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    TWSStart can't find jfreechart.jar and jcommon.jar

    Thank you... I have written to BeeJay (author of TWSStart) and he has helped me solve the issue too. It is same as what you suggested... it can be solved by entering the right infopath value.
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    portfolio position in TWS 891.5 is wrong

    This error has cost me $800 already. I left home yesterday after seeing that there is no position in place. When I came back I found that one trade was at loss. And today same thing happened again. Worse still is that I couldnt even tell whether I had a position or not as different...
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    portfolio position in TWS 891.5 is wrong

    TWS shows that I was in a position but actually I was not. And the position info in "Portfolio" tag and "Trades" don't match. Anyone else seeing this problem??
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    TWSStart can't find jfreechart.jar and jcommon.jar

    I have just upgraded my TWS (version 891.5) and I get below errors when I try to run TWSStart: "Fatal Error: one of the following jar files is missing from the classpath: jfreechart-1.0.0.jar jcommon-1.0.12.jar" Anyway, I have already set the TWS path in TWSStart but somehow these 2 jar...
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    Merrill Pay Down Only Slightly in 2008 From 2007 Levels

    http://www.nakedcapitalism.com/2009/01/merrill-pay-down-only-slightly-in-2008.html In case you had any doubts about the propriety of Merrill's 2008 pay packages, this Wall Street Journal story on the continuing slugfest between Merrill's former CEO John Thain and Bank of America's chief Ken...
  12. R

    Your Tax Dollars at Work: Citi Buys New Corporate Jet

    http://www.nakedcapitalism.com/2009/01/your-tax-dollars-at-work-citi-buys-new.html Even if there were a rationale for Citi buying a corporate jet now (which I cannot fathom, given their horrid financial condiiton), why buy new? There are no doubt plenty of used jets for sale right now...
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    Thain's $230k Limo Driver!

    http://www.nakedcapitalism.com/2009/01/thain-forced-out-ny-attorney-general.html A slideshow of the things he bought: http://www.cnbc.com/id/28796511/ Area Rug $87,784 Mahogany Pedestal Table $25,713 19th Century Credenza $68,179 Pendant Light Furniture $19,751 4 Pairs of Curtains...
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    China Sells US Long Term T-bills in Fear of Capital Outflow and Deficits

    http://www.chinastakes.com/story.aspx?id=978 China is increasing holding of short-term US treasury bills and reducing long-term bills out of the concern over capital outflow and more bond issuance brought by increasing deficit due to Obama¡¦s economic rescue plan. China bought...
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    A godo blog on China ecnomy

    For those who really want to have in-depth knowledge about China: http://mpettis.com/
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    From the trenches of China

    You are correct. People (not typing ppl anymore based on suggestions frm many... sorry for that as English is not my native language) really close to the situation will pay attention to: i) oil usage ii) investment level iii) electricity level iv) PMI Forget about GDP (very much...
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    From the trenches of China

    Again another distorted view... China citizen income only accounts for 3x% of the GDP, less than half of the % you see in US. So they are poor and hv no financial security. That is why they still save so much money despite the low income (both in absolute value and %-wise of GDP). When...
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    From the trenches of China

    I believe you give the advice for well intention but pls remember that out of 1.3 billion population in China, around ~800M lives in the farms and they hv never visited a mall before. An avg farmer in China makes USD600 a yr.
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    From the trenches of China

    Well said... Even the Chinese government has confirmed that over half of the toy factories hv gone out of business already. I work a Chinese living in HK and I work in semiconductor industry. I sell parts frm very small factories to big customers like Foxconn (which make things for Apple...
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    A good summary of present macro situation

    What would Keynes say? The US suffered a deep crisis in the 1930s, and its imposition of trade tariffs made things worse, not just because impediments to trade are costly to the global economy, but rather because it set off a trade war in which other countries too forced it into trade...
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