On the news of the death of Osama Bin Laden, the Commandant of the Naval Academy has something to say to the Mids.
“What a Year – When you sit down and think about it, really look at the year, this is a team that should be celebrated. It wasn’t too long ago (middle of February) that Michigan was in the midst of a three game losing streak and not firing on all cylinders. In response, they went on a huge run that saw them advance to the NCAA Finals. There was the Big Chill at the Big House and Michigan’s dismantling of Sparty. Winning the CCHA regular season title. Upsetting the No.1 team in the country in the NCAA semis. It was awesome.”
From: http://ping.fm/CbevW
Snippets of conversations during budget negotiations:
Board Member: Let’s get started. After an absolutely disastrous year, financially, we’re now five months into our fiscal year and you still have not presented us with a budget for this year. Why?
CEO Obama: My staff was waiting until their employment contracts were renewed before we presented a budget.
Board Member: Excuse me?
Jason Calacanis vs. David Heinemeier Hansson, one year ago http://ping.fm/0ktNk
Calacanis: Swing for the fences, baby!
Hansson: Profit is the only object of a business. Everything else is BS.
How many times did Epsilon lose your personal email data? http://ping.fm/J8H8X
A discussion and some charts around the death of the music industry. The money quote:
10 years ago the average American spent almost 3 times as much on recorded music products as they do today.
26 years ago they spent almost twice as much as they do today.
An economic take on whether artists should produce for the masses or for themselves.
The relationship between soverign debt and the percent of European men aged 25-34 living with their parents.
If he lives with his parents, you might want to think twice. About buying his government’s debt.
1. Vague notions of a liquidity event
2. Differences in valuation
3. Profit sharing
And the remedy is? As they say, “Read the whole thing.”
