Saturday, March 21, 2009
Some will claim that short sellers and naked short sellers (hedge fund manipulating stock prices by flooding the market with phantom stock) don't set out to destroy companies but I don't believe it. I'm generous enough to chalk the first company destroyed as a side effect up to an "oops, did we do that?" mistake. But the destruction of companies after that were definitely deliberate and planned. So much for counting on the market to do the right thing.
Despite what you may think about the invasion of privacy it was for protesters to go to the private homes of AIG bonus recievers, you can definitely understand the impulse after seeing videos like this one.
Since I'm not in the financial industry, I can't vouch for every detail mentioned in the video. But I can appreciate how Mr. Bagley took the time to try to break down the complex problem to a digestible level. I notice on many finance industry insider sites, those in the know spend a lot of time scoffing and looking down their noses rather than adding any productive information to the conversation.
Hedge Funds and the Global Economic Meltdown from Judd Bagley on Vimeo.
Short selling hedge funds lit the spark that led to the global economic meltdown. Now they want to help craft the laws Congress will pass to fix our broken regulatory system. That's insane.
A couple of sites mentioned:
A good comment about the video:
Gregory Kohs: Very, very alarming stuff. It really sickens me that our small church struggles without a Sunday schoolhouse for our rapidly-expanding youth services programs, but these crooks can pull a few fast ones and walk off with their billions.
Friday, March 20, 2009
Wednesday, March 18, 2009
Saturday, March 14th
Second Annual P-Camp at Yahoo! HQ in Sunnyvale, CA
- Design your Customer Before You Design Your Product - David Taber
- Product Management & User Experience - Meghan Ede and Nancy Frishberg
- Challenges and Opportunities in Product Management - Al Nevarez (System Logics: Organizing Your Offerings to Solve People's Big Needs by Dev Patnaik)
- Social Networking at Work - Round Table
C J Olson Cherries 3rd Annual Chocolate Festival in Sunnyvale, CA
Sunday, March 15th
Post Secret Exhibit at Bedford Gallery in Walnut Creek, CA
Tuesday, March 17, 2009
Link to Julien's homepage: http://kaalam.free.fr/. The paper and light calligraphy galleries on his site are beautiful too. He also has Flickr as well as Google images. See the master at work in his videos.
-Insane, this is what this is about , this guy is taking it to a whole other level, check those visuals, no photoshop , no after effect, just a pix ( that might take 10 minutes something ) with a really long exposure, couple light torch of different shapes and colors and Julien Breton( A guy from Nantes-france) is doing is magic, check the precision, the colors, the intensity of his art, this is quality. i just love it , bravo mec.