Aside from the fact that they exist in the unregulated dark realm of the derivative securities market, we have just been presented with a really good example of what is wrong with the credit default swap as an instrument of constructive benefit to society.
In this way, the use of the credit default swap was analogous to taking out life insurance on one’s suicidal spouse, then leaving loaded guns all over the house.
Sweet!
Virgin Galactic announced today that VSS Enterprise has completed her inaugural captive carry flight from Mojave Air and Spaceport.
via News – VSS Enterprise’s first ‘captive carry’ flight! | Virgin Galactic.
“We are the hollow men
We are the stuffed men
Leaning together
Headpiece filled with straw. Alas!
Our dried voices, when
We whisper together
Are quiet and meaningless
As wind in dry grass
Or rats’ feet over broken glass
In our dry cellar
Shape without form, shade without colour,
Paralysed force, gesture without motion;”
Microsoft mentioned OfficeTalk in a March 19 posting on the Office Labs blog, calling it a vehicle that “applies the base capabilities of microblogging to a business environment, enabling employees to post their thoughts, activities, and …
… and, well, you get the idea.
via Microsoft privately testing a ‘Twitter for business’ service | All about Microsoft | ZDNet.com.
Great.
… nearly 55% of stories analysed were driven by some form of public relations. The Daily Telegraph came out on top of the league ladder with 70% of stories analysed triggered by public relations. The Sydney Morning Heraldgets the wooden spoon with (only) 42% PR-driven stories for that week.
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