Saturday, March 21, 2009

Life | Complaining | WSJ

An interesting perspective on complaining. I've sent away for one of the purple bracelets ... then I'll see if it makes a difference.

Money | AIG Financial Products History | TPM

Remember Drexel Burnham Lambert and Michael Milken and the junk bond meltdown of 1990? Surprise, surprise! Guess where the financial whiz-kids that started AIG Financial Products came from? Looks like math skills are the WMD's of the MBA world!

World | When Help Does Harm | WSJ

I heard an interview with the author on NPR and then saw this book review in the WSJ. Interesting case made that Western aid to Africa has basically created completely aid-dependent economies. Why work hard and invest when you can just wait for the check? Not mentioned in the book review but discussed on NPR was PRC's approach which is to do business in Africa (which has 9 of the 10 most hostile business environements in the world) and help local African companies grow, hire workers, push for infrastructure improvements, etc.

Obama, Clinton, Bono, World Bank, UN ... are you listening?

Green | Dorm Room to Wal*Mart | WSJ

Unusual approach by this guy, Tom Szaky. He rejects the eco-chic Whole Foods model and instead goes for mainstream consumers with a combination of environmental virtue and low price.

Tuesday, March 17, 2009

Money | AIG Bonuses | Scribd

Can AIG hold the US government hostage? Check this white paper. Short answer, yup! So they said screw the taxpayers and pay the bonuses. Our response should be a special, Executive Order driven 150% federal income tax on all bonuses paid to financial companies receiving federal bailout money. Gotta pay bonuses anyway? OK. But we're clawing it back, suckahs!