So I got home last night about 8:30, paid the sitter, and fell onto the couch for a good bout of brain-free TV. I found what I was looking for in the hour-long NBC special featuring Victoria Beckham’s arrival in the U.S.
We are big fans of David Beckham, the footballer, and by we I mean my husband. He’d go gay for David Beckham. I’m …
… I offer this scene of New York City in summer, from the Bohemian Hall & Beer Garden in Astoria, Sunday:
We celebrated my kid’s third birthday yesterday. Early thoughts of pony rides and poolside clown shows gave way to a homemade luau, and only because all the accoutrements were on sale at Party City.
What kind of moron would stress about a home party for a 3-year-old and her scabby-kneed cousins? What can I say–I’m just lucky that way. …
Three professors at the University of Minnesota’s Carlson School of Management have assembled a mathematical model to explain why it is that financial fraud increases in good times and decreases in not-so-good times. Write Paul Povel, Rajdeep Singh and Andrew Winton, in a paper in the July Review of Financial Studies:
Our model
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At the Red Bull New York-New England Revolution game Saturday night. (The Mighty Revs won 1-0 on what the replays showed to be a beautiful Andy Dorman goal; I missed it because I was text-messaging Mrs. Curious Capitalist). Attendance wasn’t really as dire as it appears in the above photo. Presumably to make things look better for the …
From today’s Volkskrant (clunky translation mine):
The “milk ponds” and “butter mountains” of Europe are history. For the first time in almost 40 years, Dutch dairy farmers don’t have to ask Brussels for subsidies. Prices on the world market are rising so fast, that they can stand on their own legs…
“The mood is euphoric,” says Klaas
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Okay, I’ve read David Cay Johnston’s article about Blackstone’s funky tax avoidance plan three times now, and I’m still miles from understanding how it works. But here’s the result:
The Blackstone Group, the big buyout firm, has devised a way for its partners to effectively avoid paying taxes on $3.7 billion, the bulk of what it raised
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Two news items involving boldface-name CEOs this week ought to teach execs about the perils of the Internet. John Mackey, CEO of Whole Foods, was outed as Rahodeb, a sort of anonymous commenter on a Yahoo! Finance web site who had a thing for slamming Whole Foods’ rival Wild Oats. A bit awkward now that WF owns WO. Oopsy.
The other top …
From an interview with Chicago broker/trader Jay Norris, on the currency-trading blog Piptopia:
I always remembered Bill Williams -– Author of Trading Chaos — my first mentor’s answer when asked what sort of people are best to train as traders. Without hesitation, he said “Give me someone w/ the equivalent of a high school
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I’ve always been a little dubious of the famous Goldman Sachs forecast about the future importance of the “BRICs” economies: Brazil, Russia, India, China. Steve Pearlstein’s column on high-tech business in Russia in yesterday’s WaPo made me a little more dubious.
India and China I get. Barring disaster, they’re going to be the dominant …
We’re undergoing performance evaluations here at TIME, and, although none was offered to me during mine, I believed that a raise that would more than double my salary would erase most if not all of my complaints. But big bucks don’t bring happiness, according to Execunet, which recruits execs:
According to a survey of 2,149 executives
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Reader Tara Lazar writes:
I enjoyed your recent article regarding Facebook and the social networking phenomenom. In your article you state the first of such sites was Friendster in 2002, but another service called Six Degrees was active in the mid and late 90’s. Named after the John Guare play (and subsequent movie), the site sought to
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