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Housing slump boosts population in New York City, other big cities
in The Mortgage Roadmap, on July 3, 2009
The housing slump has certainly had some unforeseen consequences. For instance, it may have actually helped boost the number of people living in New York City, Los Angeles and Chicago.
A story by Bloomberg News theorizes that falling home values in the suburbs of California and Florida may h...
The Goldman Sachs-Rolling Stone slugfest
in Sox First, on July 3, 2009
Hard to go past Matt Taibbi's piece in Rolling Stone where he accuses it of engineering every market manipulation since the Great Depression. Taibbi doesn't pull any punches either. He calls it the "Wall Street bubble mafia". He writes: "If America is circling the drain...
Beware the China bubble
in Sox First, on June 29, 2009
Worrying signs are emerging from China with reports that we are seeing the creation of an asset price bubble in that market. There was 4.57 trillion yuan (or about $US670 billion) of new lending pouring into the market but most of that was on speculative assets, not the real economy. Fitch Ra...
Banks fight to keep accounting tricks
in Sox First, on June 6, 2009
US accounting standard setters might be tightening the rules for banks, forcing them to take off balance sheet toxic vehicles on to their books but don't expect the banks to take that lying down. Up until now, the banks had kept assets and liabilities including mortgages and credit-card re...
Fashion Blogger Day in Wien
in Feschsamma, on June 3, 2009
Hoffen wir, dass sich die Wettermänner irren und in Wien an diesem Wochenende doch ein wenig die Sonne scheint... Denn die internationale Modeblogger-Szene trifft sich im Rahmen des 9festival for fashion and photography , um in dem Panel "Fash Clash: Discussing the Digital Controvers...
Krugman, Soros and Roubini: how to fix the crisis
in Sox First, on May 26, 2009
Hard to go past this piece from the New York Review of Books where they run a symposium on the financial bloodbath with comments from a team that includes financier George Soros and economists Paul Krugman and Nouriel Roubini. Krugman says he is concerned about the long run solvency of the US...
Jolie B. Ray Jewelry
in The Jewelry Weblog, on May 20, 2009
Gold and Gemstone Jewelry
Tanya Tochner and Marjorie Troob have found a calling and a true connection, designing jewelry. After having careers in the corporate world and raising young children, these two women decided they needed a creative outlet. Realizing they both had a passion for fine je...
Animal Spirits by George Akerlof and Robert Shiller
in Sox First, on May 4, 2009
A bull market is a random market movement that causes an investor to mistake himself for a financial genius. It's a joke that illustrates the irrational animal forces that drive markets. In this book , the University of California's Akerlof and Shiller, best-selling author and professo...
Nouriel Roubini: we're not even at the bottom yet
in Sox First, on April 27, 2009
Anyone who thinks we have seen the worst of the recession should think again. Dr Doom, Nouriel Roubini says we haven't even hit the bottom yet. In this interview with Newsweek , Roubini says the economists who are talking about "green shoots" have it wrong. The market, he says, i...
Classic Car Collector Buys a Spitfire
in Classical Drives, on April 24, 2009
So you think the prices asked for classic cars are outrageous, especially during economic hard times? Try buying a vintage aircraft . An airworthy two-seater Supermarine Mk IX Spitfire aircraft was recently sold for $2,527,784 during a Bonhams Collectors Motor Car sale . The buyer was Steven ...
Assessing the Future of Venture Capitalism
in TJ's Weblog, on April 20, 2009
Scott Dig took a stab recently at explaining the plight of venture capital companies in terms of broad historic trends and I thought his take on the issue was interesting - especially when contrasted with opinions like this one over at Red Herring. The venture capital model remains broken after ...
Hope, greed, fear and the financial crisis
in Sox First, on April 16, 2009
Interesting piece from Wharton on the psychology behind the financial crisis. It makes the point that the crisis was underpinned by a mix of optimism and delusion, which created the bubble in the first place. And it makes the point that people are now so traumatized that they have become risk...
Millionaires and fake prosperity
in Sox First, on March 12, 2009
Shed a tear for the rich. In some of the most cringe-making reporting I've seen yet, we have the news that number of millionaires in the United States has fallen by more than a quarter because of the financial crisis. There are 2.5 million fewer of them and the rich are crying poor. The t...
The Great Depression Ahead by Harry S Dent
in Sox First, on February 21, 2009
With billionaire investor George Soros and former federal Reserve chairman Paul Volcker saying the global financial meltdown is worse than the Great Depression, it might be time to look at Dent's book . Dent, an economist and professional forecaster says we ain't seen nothing yet. H...
The Two Trillion Dollar Meltdown by Charles R Morris
in Sox First, on February 19, 2009
The book from Morris provides some interesting insights into the market's implosion. It's not that we didn't have any warning. Morris makes the point that the collateralised mortgage obligations crisis, the 1987 stock market crash and the collapse of Long Term Capital Management w...
Greenspan wants to nationalize banks
in Sox First, on February 19, 2009
Last week, I did a blog entry that said US banks were insolvent and quoting Dr Doom, economics professor Nouriel Roubini, saying that the only answer is to nationalize the US banks. Now we have the high priest of the financial markets, Alan Greenspan, telling the Financial Times that the th...
Bad Money by Kevin Phillips
in Sox First, on February 17, 2009
The latest book from political and economic pundit Phillips is a sobering reflection of how we got into this mess. Phillips identifies the problem coming from three structural issues. The first is that financial services have expanded massively. In 1950, financial services were worth 10.9% of...
The Return of Depression Economics and Crisis of 2008 by Paul Krugman
in Sox First, on February 14, 2009
Paul Krugman's book lays it on the line well, with its acute analysis of how things went wrong. One of the most striking features about this book is the way Krugman tracks economic meltdowns over the ages. And after a while, they start bearing a striking similarity. He looks at the implos...
Sugar-Free, Dye-Free ZYRTEC Allergy Syrup for Kids
in Allergies, on January 29, 2009
Zyrtec Syrup for children is now available in a new Bubble Gum flavor ! It's sugar-free, dye-free medication used to treat perennial and seasonal allergic rhinitis (i.e., indoor and outdoor allergies) in children ages two years and older. It should be available in original prescription ...
Ponzi schemes proliferate
in Sox First, on January 28, 2009
When the Bernard Madoff scandal broke, it was inevitable more Ponzi schemes would come to light. For a good reason too. With every bubble there is fraud. Look behind every bubble and you'll find the cousins of fraud, greed and unchecked enthusiasm. So when the biggest one we've seen unwi...
The meltdown's rogue gallery
in Sox First, on January 26, 2009
So who is responsible for the financial crisis? The Guardian's City editor Julia Finch picks out the 25 who were at the heart of the meltdown . The list is headed by former Fed chairman Alan Greenspan who allowed the housing bubble to develop as a result of his low interest rates, who...
Maths and the meltdown
in Sox First, on January 14, 2009
One of the big drivers of this financial meltdown were the econometric models that saw mathematics guiding investor behavior. The reality is that the big drivers of bubbles are social and psychological. What's needed now is some sort of infrastructure that can anticipate our thinking, inhib...
Winners and losers for 2008
in Sox First, on December 30, 2008
Around this time every year, everyone rolls out their list of winners and losers for the last 12 months. There are lists everywhere but the best I've seen is from the Houston Chronicle's Loren Steffy . Not surprisingly, Steffy nominates Wall Street as the biggest loser. Not far behind ...
New era of regulation
in Sox First, on December 29, 2008
The new world order with regulation is now emerging. Gone are the days when the so-called "free market" was the only game in town. We are now seeing a reappraisal of the "free markets" notion. Governments and investors are starting to realise that this does not mean total de...
George W rewrites history
in Sox First, on December 12, 2008
Fell out of my seat when I read the LA Times piece about a memo sent to Bush cabinet members and top officials at a loss to explain what Bush's eight years in the White House had achieved. The so-called achievements would laughable if the damage wasn't serious. Like for example the c...
Race To Dubai Slowing Down?
in Eagle Par Birdie, on December 7, 2008
More signs of the times point to an ominous future for professional golf tours around the world in 2009.
This past week, Honda announced its withdrawal from Formula One auto racing. The company's team budget ran at more than 290 million dollars per season.
Honda simply can't afford to...
No quick fix for US housing market
in Sox First, on December 5, 2008
The US housing market continues to go from catastrophic to worse, with delinquency rate for Mortgage loans, 90 days overdue, has hit record levels, according to the latest figures from the Mortgage Bankers' Association . The problem is that at the height of the real estate boom, borrow...
GM Chairman Leaves Jet in Detroit, Returns to Washington at the Wheel of a Car
in Classical Drives, on December 3, 2008
So The Three Amigos had their egos slapped in Washington for arriving at the moneyfest in their corporate jets? Like other critics I railed at this flagrant abuse of funds while secretly envying them the opportunity. That's because I love airplanes and living next to an international airp...
The Subprime Solution - Robert Shiller
in Sox First, on December 1, 2008
Have just finished reading Robert Shiller's The Subprime Solution which offers plenty of food for thought. Provocative and unsettling stuff. Shiller argues that the the impact of the US housing bust could last for years. "It is impossible to predict the nature and extent of the damag...
Rubin's self-serving "innocence"
in Sox First, on December 1, 2008
Of all the disgraceful moments following the implosion of Citigroup, this Wall Street Journal interview with Citigroup director and Bill Clinton's former Treasury honcho Robert Rubin probably takes the cake. Rubin claims innocence about Citi, insisting that no-one saw it coming. This is c...
11 款足以替代安装附件软件的 bookmarklet
in Wangtam, on November 30, 2008
• FriendFeed
• Delicious
• Faviki
• LaterLoop
• Tip'd
• BitLet
• Lizzer
• Iminta
• YouBundle
• Zhiing
• Bubble Comment
Tough Times Ahead
in Eagle Par Birdie, on November 2, 2008
Tiger in Dubai. Courtesy: The Telegraph
There is a dark cloud looming for the PGA Tour in America.
No, it's John Daly's latest drunken binge, although that is bad enough (the man is through, is he not?).
The dark cloud is deflation. I am certain that Tim Finchem looks at the headlin...
Weblogs, Inc. Three Years Later: Impressive Page View And Revenue Growth
in Wangtam, on October 23, 2008
• Weblogs, Inc. Three Years Later: Impressive Page View And Revenue Growth
• QuickTime 7.6 to improve 5.1 audio, efficiency
• Akamai
• Electronic Signatures | AssureSign
• antipodr - Find the other side of the world!
• BabySitters.com - Nationwide List of Local Sitters
• Ashton Kutcher ...
Starbucks and the recession
in Sox First, on October 22, 2008
A fascinating theory put up by the irrepressible Daniel Gross at Newseek that there is a correlation between the concentration of Starbucks outlets in a country's financial capital and the likelihood of it entering a recession. "At first blush, there's a pretty close correlation ...
Britain to enter a worse recession than the US
in Sox First, on October 22, 2008
Britain is about to enter a bad recession, warns the Bank of England Governor Mervyn King. The problem in Britain has been the ocean of credit that fueled the housing price bubble. Now that ocean is drying up, there is an inevitable downturn. But King seems to saying that we might be turning ...
Forecasts of the economic disaster
in Sox First, on October 13, 2008
With forecasts that the world is headed for its worst recession in 25 years, if it's lucky, the Huffington Post has run a timely piece on the ones who predicted the economic firestorm. They include New York University economics professor Nouriel Roubini ("A 1987 style stock market ...
New & Notable - Black Amethyst from Bath & Body Works
in Are you a beauty?, on October 6, 2008
Bath & Body Works ' has just introduced their most sophisticated fragrance yet - Black Amethyst , the brand's first-ever chypre scent.
Created by John Gamba , Master Perfumer at givaudan , Black Amethyst was "inspired by the chic, aristocratic European women who are dra...
WiiWare getting Bubble Bobble Game
in House of Nintendo, on October 6, 2008
Taito has released a Bubble Bobble game for Wii. Bubble Bobble is a classic and frankly one of the greatest two player coop games ever conceived. The idea is stupid simple: cute lil' dinosaurs encapsulate monsters in bubbles, and you get fruit. Wash rinse repeat for a billion stages, and yo...
Online Poker Promos
in Internet Poker, on October 3, 2008
image from APCW.com
A couple of newish going ons at the online poker rooms:
Full Tilt has added on to its popular "Iron Man Challenge" series which medals and freerolls are given to those who tough it out on the virtual felt nearly every day. The "one-a-day" freeroll is a...
The Economic Crisis - and an Opportunity
in The Outsourcing Weblog, on October 3, 2008
Photo courtesy of iStockphoto , Nataliya Kostenyukova This week, ZDNet published an article entitled " India's Outsourcing Bubble is Bursting " - describing the slowdown as it effects the IT Outsourcing labor market in Bangalore. While it doesn't appear that Bangalore is in the...
Bodog Open II Starts Sunday
in Internet Poker, on September 27, 2008
image from poker.com
Despite all the lashing at Bodog Poker lately, they are going forward with the second installment of the Bodog Open . Starting on Sunday September 28th, Bodog will be hosting several Hold Em' tournaments (and only Hold Em') over the course of next week with buy-i...
Sammelsurium KW 38
in Megapixelig, on September 21, 2008
6258804
Photo courtesy of iStockphoto, Felix M Nachdem mich am Anfang der Woche die grippe packte und bis heute noch nicht wirklich losgelassen hat, hatte ich genug Zeit, um ein paar interessante Links zusammen zu stellen. Nächste Woche Dienstag beginnt die Photokina . Von der werden sich...
Oil prices and the credit crisis
in Sox First, on September 18, 2008
What does the rising oil price have to do with the credit crunch. The two are inextricably linked, says financier George Soros . Soros says: "We are currently experiencing the bursting of a credit bubble that has involved the entire financial system and, at the same time, a rise and event...
Fall is Bubblicious
in Pretty Things, on September 15, 2008
I am such a fan of Etsy! I love that on this site, there are so many amazing indie designers that have fab hand made goodies. One of them, Softspoken Shop , has super cute berets that come in a variety of colors. Shown here in rust, this is the perfect way to accessorize as you're out and ...
Andrew Hamilton Crawford Jewelry
in The Jewelry Weblog, on August 28, 2008
Fashion Jewelry
Dubbed "the newest 'it' accessory designers ," Andrew Hamilton Crawford has crafted a collection of fresh fashion jewelry that has quickly gained popularity all over the world. Southern-born New York designers Chad Crawford and Andrew Tessier have created uni...
Golf Without Water?
in Eagle Par Birdie, on August 27, 2008
Courtesy: daylife.com
We're living in a bubble in the western world. Climate change is something that we see on the news but something that few of us have had to experience in a negative way.
That is going to change. The question is whether it changes sooner or later. But change, it will....
Sweet Deal at Origins!
in Are you a beauty?, on August 22, 2008
Summer is nearing an end and as fall approaches, many of us are looking to update our skincare regimes for the season. If that sounds like a good idea, you're in luck this week as Origins is running a really sweet deal both online and in stores starting today.
Simply visit your local ...
Win a LUSH Retro Faves Gift Set!
in Are you a beauty?, on August 18, 2008
We're big lovers of Canadian bath & body faves LUSH here at Are You a Beauty? There are so many fab, fresh and 'green' products in the line including yummy massage bars, bath bombs, bubble bars and hand cut soaps.
The brand was kind enough to send me a few of the highly covete...
FTOPS IX Back on Track, Dr. Pauly Wants You To Win Big at Stars
in Internet Poker, on August 14, 2008
Bouncing around the web... Full Tilt's ninth installment of the Full Tilt Online Poker Series seems to be back in black, good for them, not-so-good for those overlay chasers. Event #17, A one million dollar guarantee $300+$22 6-max NLHE rebuy tourney, crushed its guarantee by $200,000. ...
Overlays from FTOPS IX Weekend Big Events
in Internet Poker, on August 12, 2008
image from FullTiltPoker.com
While the Full Tilt Online Poker Series continues to be a success, the biggest event of the ninth edition to date had a slight overlay as they failed to reach their guarantees over the weekend.
Event #10's $300 + $22 No Limit Hold Em' tourney pulled in an ...
Danielle Miller Jewelry
in The Jewelry Weblog, on August 11, 2008
Metalsmith and Jewelry Designer
Danielle Miller grew up in a steel mill town in the Laurel Highlands of western Pennsylvania. Growing up surrounded by beautiful rolling hills juxtaposed by bridges, railroads, and industry greatly affected her design sensibility. When she was five years old, she an...
What I learned about my webkinz goldfish
in WebKinzBlog, on August 7, 2008
My webkinz goldfish arrived and I named it Nemo.
Not many clothes can go on it. Shirts are ok to put on it. Glasses and hats are ok too. Shoes, pants, skirts and dresses are not ok, they cannot even wear bathing suit bottoms.
Other pets can go in it the underwater room but the funny thing you w...
The internet and the railroad bubble - or how to predict a technomania
in TJ's Weblog, on August 1, 2008
© h.koppdelaney
Andrew Odlyzko sends an update about one of his latest lectures about how similar the times in 1998 - 2001 and 1845 - 1848 really were. Some striking arguments in there.
However it's always easy to say because no we know it's a bubble. But back in 1999 it was no...
Mozilla Firefox 3.0.1 简体中文版
in Wangtam, on July 17, 2008
• Mozilla Firefox 3.0.1 简体中文版 (• What's New )
• Mozilla Firefox 3.0.1 英文版
• 10 Reasons Why FriendFeed Will Beat Out the Competition
• 第21次中国互联网报告
• Interview With Evan Williams: Summize Acquisition, API Issues And Their Revenue Model
• Free Apps No Longer Dominating iPhone App Store....
WSOP Main Event: Final Nine Set
in Internet Poker, on July 15, 2008
"The November Nine" they will be known as for the next three plus months. Lives under a microscope of 2+2 message boards about who's getting coached by whom, what the major endorsement deals the online sites will be offering and most of all who is the favorite to win. The 2008 Wor...
ThinApp 4 Released
in The CIO Weblog, on July 15, 2008
VMWare has been spitting out a flurry of press releases of late, perhaps to try to smother all the bad news about earnings and CEO ousters. I'll give them a hand by talking instead about their launch of version 4 of ThinApp (formerly known as Thinstall).
ThinApp is an application level virtua...
Fair value countdown
in Sox First, on July 9, 2008
Interesting piece in CFO.com about the Securities and Exchange Commission round table about fair value. The session is expected to be a nuanced affair, which is hardly surprising given that the big financial institutions, which had huge write downs, and the fair value bashers won't be ther...
July 4th at Copper
in The Flyaway Weblog, on July 2, 2008
Looking for some fun, budget activities for 4th of July? Look no further than Copper Mountain!
Copper's 3 Ring is a free and unique holiday weekend, July 4-6, for the whole family featuring live music by Rusted Root, a sustainable "eco-village" including recycled art installat...
How to Think Like Warren Buffett, Part 31
in The Personal Finance Weblog, on July 1, 2008
With this post, I finally reach the end, or at least the current end, of the long-running series started back in August of 2006 , dissecting the words of Warren Buffett as read via his annual Letter to Berkshire Hathaway shareholders. Of course, I expect Buffett to live to be 135, so this serie...
WSOP $50K H.O.R.S.E. : Onto Day 4 Team PokerStars Looking Solid at the Top
in Internet Poker, on June 28, 2008
image from Pokernews.com
What will hold more prestige in poker's hierarchy: Winning the World Series of Poker Main Event or the winner of the current event #45's $50,000 buy-in H.O.R.S.E tourney?
If you were to poll random people the answer would be the main event of course, since w...
Nokia Announces Four New "Supernovas"
in The Mobile Technology Weblog, on June 27, 2008
Nokia has hardly been idle long enough for the proverbial dust to settle of late and announced today four new 7-series models that will be sold under the label supernova .
The line starts with the 7210, a simple slim handheld in a choice of Bubble Gum Pink or Vivid Blue gloss finish, ...
Business turns to psychics
in Sox First, on June 25, 2008
Call it a sign of the times. Disturbing piece in Newsweek about how businesses are now paying $10,000 a month for so-called " psychic consultants" , to provide advice and help build strategy. Just another sign of how troubled things are now. It's a trend that would never h...
Will you drive an electric car
in carzz.org, on June 12, 2008
You need to check out this article: Pricey fuel? Try these fantastic 'green cars'
And I ask, how many of us are ready to plop into one of these e-cars? Completely battery-driven, with a few more options, this bubble of a car just might show up on the streets soon. And with the curren...
Like Oil & Water
in Are you a beauty?, on June 10, 2008
Conventional wisdom tells us that oil and water don't exactly mix. But apothecary line Gabriel Couzian aims to turn conventional wisdom on it's head with their signature Washing Oil for Shower & Bath .
This exclusive, proprietary blend of nourishing cleansing oils leaves ...
The global food crisis
in Sox First, on May 23, 2008
Interesting insights into the global food crisis from London-based consultants Independent Strategy . The World Bank says global food prices have nearly doubled in three years. The crisis has been blamed on soaring prices on trade restrictions, poor growing weather and rising use of biofuels t...
Susi Bubble in the sun
in Feschsamma, on May 15, 2008
Wenn man das Geld für ein kleid von Vivienne Westwood hat, dann besorgt man sich auch eines. Wenn man aber Susi Bubble heißt, dann ist so ein Kleid natürlich nicht ausgefallen genug und wird mal eben mit blauer Farbe besprenkelt. Dass es dann auch noch viel besser aussieht, also vorh...
Will the Web 2.0 Bubble Burst?
in Web 2.0, on May 14, 2008
A video about the Web 2.0 conference in San Francisco predicts that their will be another tech bubble burst in the near future. Do you remember back before the tech bubble burst and Internet companies where giving away tons of things, like t-shirts and mugs, to their viewers for free? They&...
Susi Bubble auf fashion156.com
in Feschsamma, on May 10, 2008
Sie hat es bereits angekündigt und auch mehrere Sneek Peeks gestattet und nun ist alles zu sehen: Susanna Lau, besser bekannt als Susi Bubble , hat ihre eigene Fotostrecke in dem online Magazin fashion156.com . Wer Susi kennt, kennt ihren Stil: Lagenlook, Farbkombinationen an die ein Normalsterb...
How to get funding for some hot air?
in TJ's Weblog, on May 9, 2008
This is what Air Ship Ventures has achieved literally:
Airship Ventures, a privately held corporation formed to bring Zeppelin NT airship operations to the USA, today announced that it had closed its Series A Preferred Stock financing on Monday with investments from six individuals...
The Dawn of the Apple office
in The CIO Weblog, on May 5, 2008
Personally, I think we are some way away from the day when Apple truly enters the mental "options available" list of the average CIO, but I don't think there is much question that the company is making inroads into corporate America's IT toolbox. Spurred on largely by the iPhone...
