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Financial Crisis
Gallup poll gives Obama some good news on Inquiry Commission
terrorism issue liveblog
By Reuters Staff (Front Row
By David Morgan (Front Row 46 percent. That three-point gap (40 percent) and healthcare (37 Washington)
Washington) is well within the Jan. 8-10 percent). The president is usually
Submitted at 1/13/2010 5:42:13 AM
Submitted at 1/13/2010 7:23:42 AM
survey’s 4 percentage point stronger on domestic issues than
sampling error. Approval is also he is on the international front. Reuters liveblog of Bank CEOs
President Barack Obama’s way down from May, when 55 But Gallup called his testimony before the
approval ratings may have percent of Americans endorsed current ratings on the economy Congressional Financial Crisis
slipped in some polling data. But his handling of terrorism. and healthcare the lowest of his Inquiry Commission which is
there’s a tiny bit of good news But the latest numbers are up presidency to date. Those issues investigating the roots of the
for him on an issue that his from the days before Umar tend to have a more direct impact financial meltdown.
Republican critics have been Farouk Abdulmutallab allegedly on the lives of Americans than
whacking away at for weeks tried to blow up a Detroit-bound national security and could
now: terrorism. Northwest Airlines flight. Back be most important to voters come The Audi A8 Google
A USA Today/Gallup poll says then, only 45 percent of the November.
public approval for Obama’s public approved of Obama on
— including a review of the
incident and the government’s Last time, 44 percent of the U.S.
Earth integration
handling of terrorism has risen terrorism, vs. 47 percent who inability to prevent it, and the public approved of Obama on gets a video demo
since the Christmas Day bomb disapproved. outlining of new steps designed the economy while 40 percent By Matt Burns (CrunchGear)
attempt, with more Americans That’s interesting because to prevent a similar occurrence supported him on healthcare.
t h a n n o t g i v i n g h i m t h e i r Republicans have been doing — seems to have had a Photo credits: Reuters/Yuri Submitted at 1/13/2010 2:30:04 PM
approval on a political issue their level best since Christmas marginally positive effect on Gripas (Obama); Reuters/Chip
likely to rank high in this year’s to criticize Obama’s response to The Audi A8 is a nerdgasm on
Americans’ views of how he is East (Police at JFK International
congressional election campaign. the failed attack, in hopes of wheels. It was the only car that
handling the terrorism issue,” Airport); Reuters/Larry Downing
The numbers still aren’t great making voters think the president had a line to sit in it yesterday
Gallup said. (Unemployed workers in
for the president, however. The and the Democrats are soft on during the last press day at the
However, the poll has some not- Virginia)
thumbs up comes from less than national security. Detroit Auto Show. So I skipped
so-good news for Obama’s Click here for more political
half of the public — 49 percent it. Shame on me. Good thing The
Bottom line? “President approval ratings on two key coverage from Reuters
– a n d t h o s e e x p r e s s i n g Obama’s response to the German Car Blog was there and
domestic issues — the economy got a nice demo of the car’s
disapproval are close behind at Christmas Day bombing attempt
Google Earth app.
ADVERTISEMENT:
(BloggingStocks)
2 Top News/ Business/ Tech/ E-reader News Edition
Google rules search in December, Bing drops Scientists have finally figured
out what gives shape to galaxies,
By Don Reisinger No surprises here: Google is far behind. Also, Microsoft's Originally posted at The Digital by simulating the effects of
(Webware.com) dominating the search market, Bing search lost market share Home supernova winds.
while Yahoo and Microsoft trail since November, Nielsen says.
6 World/ Gadgets/ E-reader News Edition
WILL
Haiti earthquake: Twitter updates continued from page 3
hopeful buzz of boosters, this business connection since he's collection. He could get a and the dealer. And having the have a photo booth that takes
vibrant and populated downtown one of the top African-American Twitter feed and update art pre-vetted by professionals photo of all participants who
is a culture as lost to us as that of artists who will definitely attract followers on his whereabouts. will make it easier for first time have completed the hunt and
the Toltec or the Maya. We loads of kids) will bring in a (Sample Tweet: "At Marukai buyers to risk that first purchase have it projected on a wall in the
know MOCA and Deitch whole new audience into MOCA Market in Gardena eating and have their first opportunity museum or on their site. The
Projects can bring stunning that generally gets ignored while Hawaiian plate lunch with to live with a piece of art. Lastly, postcard/prize and sticker would
spectacles to art world generating huge revenue streams. several Jason Rhoades pieces if anyone is interested in any only be for guests who took the
sophisticates, but how about He can stock the gift shop with from Swedish Erotica series. DM artist, they would be referred to Metro. Museum should
extravaganzas accessible to music, posters, magazines, a half me for deets.") In no time, I'm the artist's gallery, thus encourage people to do this in
regular folks? We call on Jeffrey -pipe, t-shirts, and hats all positive he'd have more supporting the entire art food groups. The more the merrier!-
Deitch to see the potential in the designed by the hottest followers than the Kogi truck. chain.-Brady Westwater, LA Meg Wells, FLUX
empty storefronts surrounding graf/street artists in L.A. and (Okay, not really, but I'm sure Cowboy Relaunch The Art Parade in
MOCA and to transform them New York for corporate sponsors he'd be close.)-Carolina A. How about pop-ups at gas L.A., running it through Bunker
into zones of creative discovery. like Puma! (Deitch is excellent at Miranda, C-Monster stations where people sell Hill. The Voluptuous Horror of
L.A. still boasts one of the getting corporate sponsorship.) If MOCA is to survive, it has to carpets, statues, boxing ring bags Karen Black should perform as a
geniuses who created those The socially conscious expand its reach. MOCA needs and other detritus. All you need way of transitioning the
1950's window spectacles: exhibition will finally help de- to create new audiences by are some easels and a security tradition. Kembra Pfahler,
master puppeteer Bob Baker. segregate Los Angeles through showing Angelenos how to guard.-John Chase, Urban TVHOKB leader and L.A.
Why not hook Bob up with Paul the utopian promise of art that understand the vocabulary, the Designer, City of West native, would replace all her
McCarthy and turn downtown's for too long has gone unfulfilled. grammar, the syntax and the Hollywood regular crew with MOCA board
windows into the weirdest high This will help Deitch deliver on historical context of Deitch should incorporate a members. Eli Broad will play
art puppet and monster shows his promise to attract the young, contemporary art. MOCA must subway/Metro element to the drums, using the exhumed skull
anyone's ever seen? Welcome to untapped audiences that will fill provide the public with the tools MOCA. Have an artist create a of John Fante as part of his kit.
L.A., Mr. Deitch. Now let's the museums coffers, while to understand what art is to map for people to take around Why stop with promoting
block some traffic, and blow promoting real diversity in a city develop an educated audience L.A. (can be downloaded or "young" artists? Go for the fetal.
some minds.-Kim Cooper and haunted by racial violence and and collector base. Shows need printed from MOCA website). In a collaboration with his new
Richard Schave, Esotouric bus the persistent problems of drugs, to be curated by museum quality Each participating Metro stop neighbors at the Walt Disney
adventures gang violence, and poverty that professionals using local artists will have a theme or design that Concert Hall, Deitch could have
A massive group show taking plague minority communities in from local galleries to makes it a unique artistic pregnant artists ride skateboards
over all of MOCA that explores L.A. For Deitch, this show could demonstrate how art can be destination and will also serve as on Gehry's dying-to-be-a-
the extreme racial disparity in the save MOCA and redeem the formally understood though locations for clues to an art skatepark walls while Dan Zanes
art world and how it is mirrored souls of white, rich men like Eli subject matter, color, mystery hunt leading to the blasts Black Randy and the
in the extreme segregation of Los Broad. The show could then composition, materials, the use museum. The buses or Metro Metrosquad covers from the roof
Angeles along racial lines. travel around the world bringing of grids, patterns, lighting--and cars could be wrapped or of Deitch Project's
Deitch could scour L.A. for greater balance to the palid all the other variants--in addition outfitted with images or graphics decommissioned ice cream
emerging and unknown complexion of the art world.- to considering the artist’s that are part of the hunt. They truck(on blocks). Casey Spooner
contemporary African-American William Powhida, artist personal intent. could either be trivia messaging, will be draped over the steering
and Latino artists to fill the L.A. is 80 miles wide. It doesn't These shows should inhabit directions or clues leading to wheel, made up to look like he's
museum to attract a largely under need big centralized museums. It vacant stores in shopping areas MOCA. been shot in the head. When
-served segment of the market. needs lots of small ones that to reach people who do not Once at MOCA, guests get a Zanes hits the choruses, Spooner
The hip, super smart travel. My advice: Deitch should attend art galleries or museums. specially-designed postcard or will lift his head and sing
street/graf/urban show, centered repurpose his gallery's ice cream The art should be for sale and prize showing they completed harmony through a megaphone.-
of course around Kehinde Wiley truck and hit the road with works the proceeds split equally among the hunt as well as a sticker they
(no one will question the old from the MOCA permanent the artist, the non-profit space can wear. Museum could also DEAR page 10
10 Business/ Tech/ Politics/ E-reader News Edition
DEAR Gmail to get secure Rather's
continued from page 9
Net connection by
Brent Burket, Brooklyn-based
writer and curator, Heart As
depending on who you talk to.
Deitch has expressed an interest
them with clusters of hot air
balloons. Each balloon will default
Appeal
Arena(He is totally bummed
about Jeffrey Deitch leaving the
in bringing his world famous art
parade to Los Angeles, whose
represent one living artist in the
area (i.e. Chuck Arnoldi in By Stephen Shankland
(Webware.com)
Rejected
East Coast. He frets that Snooki freeway systems are often Venice or Mister Cartoon in (Little Green Footballs)
will be next.) referred to as the world's largest Downtown L.A.). Each Submitted at 1/13/2010 9:29:00 AM
Submitted at 1/12/2010 3:22:24 PM
I propose that Jeffrey Deitch parking lot. I don't believe a "downtown" will have a path
hold a series of open, public (real parade could move very far or leading back to the MOCA with HTTPS encryption makes Looks like Dan Rather’s lawsuit
and virtual) forums to directly fast here. Deitch also claims that mapped out art destinations to snooping on network activity against CBS for breach of
engage and document the he is interested in attracting a go to. It could be a day of "art on harder, and after a hack attempt contract is now an ex-lawsuit:
opinions, ideas and passion that "new, younger audience that is the run"--part treasure hunt--all on Gmail, Google is switching it NY Top Court Rejects Dan
his appointment triggered. It not a professional art-going art, all day.-Souris Hong-Poretta, on by default its e-mail service. Rather Appeal in CBS Case.
could be streamed live online audience, but that is very Hustler of Culture Originally posted at Deep Tech NEW YORK (Reuters) - New
and then edited into a interested in art." Deitch photo via Scribe Media York State’s highest court on
publication.-Bettina Korek, I propose Deitch host an art Got an idea for Deitch at Tuesday declined to hear former
ForYourArt parade-like event to unite the MOCA? CBS Evening News anchor Dan
Jeffrey Deitch is the king of art city through art...but in the sky. Rather’s appeal of a decision
in downtown New York City. As It would be a day of art for dismissing his $70 million
the new director of MOCA, he everyone. The MOCA would lawsuit against CBS Corp.
will live in Los Angeles, which map out several downtown
has several downtowns, points across the city and anchor
the performance, the performer that processes them and sends sounds from the received data. In consumption. [ Nunk on Droise
drinks alcohol and several them through OSC (Open Sound addition, the use of a microphone via Make] 5 inches by 3.7 inches—that's
breathalyzers are used to Control) to a Pure Data patch. allows the sound emitted by one the diminutive footprint of the
generate sounds and interacts The patch dynamically generates fully loaded conga-BM57 Core
i7 motherboard.
Color-temperature adustable OLED lighting? Yes, Despite its small stature, the
conga-BM57 features an
impressive spec list, including a
please 2.66 GHz Core i7, 8GB of RAM,
integrated intel graphics, 5 PCI
By Devin Coldewey enough, it’d be a huge boon to Express lanes, 8 USB 2.0 ports,
(CrunchGear) photographers. Although we 3 SATA, 1 EIDE and Gigabit
Submitted at 1/13/2010 2:00:19 PM
work in RAW now for the most Ethernet—plus support for dual
part and can change the color displays over VGA, LVDS,
We’ve noted before that LED temperature of the whole image, HDMI, DisplayPort or SDVO.
lights are, while energy efficient, individual light setups with The price and release date are
a bit cool in color, leading to the d i f f e r e n t t e m p e r a t u r e s a r e still unknown, but at this size, it
“my house looks like an integral to setting up a scene. would make one heck of a HTPC
operating room” effect. There These panels won’t reach the that could double for some
have been attempts to warm brightness of the megabulbs used gaming. [ SlashGear]
them up (with“quantum dots”) particular species of OLED, he automatically modulate the in cinema lighting for a while,
but this panel looks a hell of a lot can vary the voltage and produce voltage to render any desired but the variable color
more promising, even if it’s not a huge portion of the temperature color temperature between 2200 temperature will certainly make
particularly bright. gamut: and 8000 K… them worth keeping tabs on.
J.H. Jou, a Taiwanese …this plain driver-IC can If they can get these bright [via OLED-display.net]
researcher, has found that with a
E-reader News Edition Gadgets/ Politics/ 17
Palin on
Fox: Asking
Questions
(Little Green Footballs)
Submitted at 1/13/2010 12:00:22 PM
Samsung announces
64GB moviNAND flash,
32GB microSD card
By Donald Melanson
(Engadget)
Submitted at 1/13/2010 4:01:00 PM
used in gasoline and diesel fuel converted into jet fuel or used in good for the environment can w i t h t h e E n e r g y &
blends. In China's rigid,
plastics and paint products. also be good for the economy. In Environmental Research Center hypercompetitive society, the
Cobalt's c u r r e n t "We are on track to build a fact, within the next few years, at the University of North
biobutanol/gasoline blend, which commercial facility within two Cobalt has plans to build an even Dakota (UND). internet explosion represents
mixes 12 percent biobutanol with years, and we are currently larger plant that will create 1,300 Five Filters featured article: more than a disciplinary
conventional gasoline, reduces building a network of strategic p e r m a n e n t j o b s , " s a i d Chilcot Inquiry. Available tools: annoyance; it is seen as an
greenhouse gas emissions by as partners in the fuels, chemicals, S c h w a r z e n e g g e r . PDF Newspaper, Full Text RSS, existential threat. But when Deng
much as 85 percent compared to forest products, and construction Schwarzenegger is not the only Term Extraction. Senshan's parents checked him
conventional gasoline, according i n d u s t r y t o d e p l o y o u r one singing Cobalt's praises. into an internet-addiction camp
to Cobalt company statistics. in rural China, they expected a
technology at the next scale," The Mountain View, Calif.- cure — not a tragedy.
Biobutanol may have another Cobalt Biofuels CEO Rick based company was one of 34
advantage over ethanol. It can be
E-reader News Edition Tech/ Politics/ Tech News/ 21
Pat Robertson: Haiti
2009 PC shipments inch into positive territory Paid for Making a
(CNET News.com) confident for to move into a new
refresh cycle ... Most of the
Satanic Pact
Submitted at 1/13/2010 1:54:00 PM
decision makers at companies (Little Green Footballs)
The PC industry ended 2009 on look for three to four quarters of Submitted at 1/13/2010 1:29:44 PM
a positive note. sustained growth. That puts us in
Worldwide shipments for 2009 the second half of 2010 before Pat Robertson has never met a
were up 2.3 percent compared to we see progress." disaster, natural or otherwise,
2008, according to the IDC In the meantime, the year end that he couldn’t interpret as
Quarterly PC Tracker Report report card for the Top 5 divine retribution from a
released Wednesday. Several manufacturers in the world was vengeful deity, but his latest
months ago, ending the year with almost all positive--with the bizarre fantasy is a real corker:
any shipment growth at all was exception of Dell, none saw Haiti deserved that earthquake,
looking unlikely. But after negative shipment growth to because they made a deal with
showing signs of life in the third round out 2009. In order, the Horned One. His Nibs. True
quarter, followed by a healthy Hewlett-Packard saw shipments story.[Video]
fourth quarter, it appears that PC increase 10.4 percent, Dell was “Something happened a long
business is making a comeback. down 9.4 percent, Acer up 22.3 time ago in Haiti, and people
Sales of mini notebooks in the percent, Lenovo, 13.8 percent, might not want to talk about it,”
U.S. helped push worldwide and Toshiba up 15.7 percent. he said. “They were under the
sales up for 2009.(Credit: Dell) "In a sense, the U.S. consumer purchased, the margins on them In the U.S. only, there was a heel of the French … and they
A combination of holiday has come again to save the are very thin. Though retailers s i m i l a r s t o r y r e g a r d i n g got together and swore a pact to
shopping, pent-up demand, and quarter," he said Wednesday. and manufacturers are selling manufacturers' marketshare: the devil. They said, ‘We will
good reviews of Windows 7 "And by doing so, they've also more, they're selling them for everyone gained except Dell. HP serve you if you’ll get us free
have led to 15.2-percent growth lifted the worldwide market, less. inched up to 26.9 percent of PCs from the French.’
for worldwide shipments during (which) was anticipated to grow T h e o t h e r p r o b l e m : P C shipped for the year, Dell “True story. And the devil said,
the fourth quarter compared to 11.3 percent, but grew 15.2 manufacturers are still waiting dropped slightly to 24.5 percent, ‘OK, it’s a deal,’” Robertson
the same quarter a year ago. percent." for corporate IT departments Acer grabbed 11.3 percent, said. “Ever since, they have been
The U.S. market saw even better But there's a flip side to many start buying computers again. Apple saw a slight increase to 8 cursed by one thing after
growth: shipments were up 24 U.S. shoppers picking up laptops When that will be though is still percent, and Toshiba moved to another.”
percent during the fourth quarter, near the end of the year during up in the air. 7.7 percent share.
to 20.7 million units. And much what are still tough economic "Businesses and governments Five Filters featured article:
o f t h e c r e d i t f o r o v e r a l l times: they're buying cheaper have continued to shy away form Chilcot Inquiry. Available tools:
w o r l d w i d e g r o w t h c a n b e PCs. Prices have declined so refreshing hardware," Daoud PDF Newspaper, Full Text RSS,
attributed to buyers in the U.S., much due to the Netbook and said. "They need to see a Term Extraction.
according to IDC analyst David mini-notebook phenomenon, that c o n s i s t e n t g r o w t h i n t h e
Daoud. t h o u g h m a n y a r e b e i n g economy for them to feel
Evernote's CEO: 5k new users a day, happen again. This week we've showed most people are not
got a related, but somewhat fooled by counterfeits, and they
different story, as the NY Police rarely represent a "lost sale." In
but long-term retention is a problem have admitted to shredding and fact, many counterfeit purchases
burning the counterfeit clothes lead to real purchases later on.
By Mike Schramm (The over half of their two million service, it's tough to remember they've confiscated, rather than So the idea that they act as a
Unofficial Apple Weblog users are using the iPhone app [ that you can use it to remember giving them to the homeless, as "substitute" or somehow "harm"
(TUAW)) iTunes link]. As Libin says, the things, and for that reason I think had always been done in the past. a brand is not actually borne out
Submitted at 1/13/2010 3:30:00 PM app is "very good" -- it's easy to that even with two million users, When asked to explain why, the by the research. And, of course,
use (and free), the iPhone's it's still very underrated. Libin police claimed "no one asked" some companies have learned
Filed under: Software, Internet camera makes picking up even sounds like he's on top of things, for the confiscated clothing -- but that there are ways to embrace
T o o l s , D e v e l o p e r , i P h o n e real-life scraps of information though -- he promises that many charities insist they had, in counterfeiting to their own
Mashable's Ben Parr sat down at super easy, and Evernote is they're always working on not fact, made many requests for the advantage, as a form of price
CES with Phil Libin, CEO of designed to share information only helping users figure out clothing. Apparently, the differentiation.
Evernote, which is not only a back to your Mac. Libin says how to use the service, but also destruction is being felt at Permalink| Comments| Email
TUAW favorite, but acts as your that "most" of the iPhone users in polishing it and making it clothing banks, who say they This Story
"external brain," saving little do access their information back even easier and simpler. have many fewer clothes on hand
clips and bits of information both on other PCs. TUAW Evernote's CEO: 5k new this year than in the past.
collectible from and accessible Libin also talks about power users a day, but long-term
by any device you happen to users of the service -- there's one
have with you. We love the app, in the system that has over
retention is a problem originally Sarah Palin's Fox News debut
appeared on The Unofficial (Holy Kaw!) Seth Godin may have it right
a n d w h i l e i t i s n ' t a M a c 80,000 notes, though due to Apple Weblog (TUAW) on about not allowing comments on
exclusive, there are both Mac privacy, Libin doesn't share what Wed, 13 Jan 2010 15:30:00 EST. Submitted at 1/13/2010 12:29:00 PM his blog.
a n d i P h o n e v e r s i o n s , a n d they're keeping in there. And Please see our terms for use of This is Sarah Palin’s debut on More on politics.
apparently they're doing very apparently one issue they're feeds. Fox News with Bill O’Reilly. Permalink| Leave a comment »
well. Libin tells us in the video d e a l i n g w i t h i s l o n g - t e r m Read| Permalink| Email this| The comments are amazing.
that not only are they picking up retention. I can identify with that Comments
five thousand users a day (!), but -- while Evernote is a great
E-reader News Edition Tech/ Entertainment/ 27
Martian Tendrils
(Little Green Footballs) thingies? the sand. When it’s all done, you the act! In this image, a closeup
Submitted at 1/12/2010 7:10:24 PM In the Martian winter, carbon get those feathery tendrils. Note of a region just to the left of
dioxide freezes out of the air that at the tendril tips, you see center of the big image, you can
A stunning image of the sand (and you thought it was cold blotches of red; that’s probably actually see the cloud of dust
dunes near the North Pole of where you are). In the summer, from the lighter dust billowing a from an avalanche as it occurs.
Mars, from the Mars that CO2 sublimates; that is, bit before settling down. Oh, baby. The cloud is only a
Reconnaissance Orbiter’s turns directly from a solid to a Now, you might think I’m few dozen meters across, and
HiRISE camera: gas. When that happens the sand making this all up. How do we can’t be more than a few seconds
Phil Plait explains what you’re gets disturbed, and falls down know this stuff is flowing old.
seeing: the slopes in little channels, the bottom. But this disturbs the downhill like that? Ah, because
But what are those weird tendril which spreads out when it hits red dust, too, which flows with in this picture we’ve caught it in
E-reader News Edition Tech Tips/ 31
If you procrastinated on
iPhone/iPod touch only: The
applying for TechStars Boston
next time you're driving around a
and missed Monday night's
nice neighborhood and wonder if
deadline but still want to attend a
there are any homes for sale in
TechStars event, their summer
your price range, whip out your six of the 10 companies from the
program in Boulder, Colorado is
iPhone and check with 2009 Boulder class closed
now accepting applications.
Realtor.com to find out. investment deals with venture
TechStars is a highly
This nifty app for the iPhone capital firms.
competitive funding and
and iPod touch taps directly into One disadvantage Boulder
mentoring program based in
the listings at Realtor.com to applicants face is that any
Boston, Boulder and Seattle that
give you all kinds on information unselected applications from the
helps young startups jump-start
on nearby homes for sale. You Boston program are
their businesses. Their
can search by town, state, zip automatically rolled over into the
impressive list of over 50
code, price, or the amenities Boulder applications, making the
mentors includes Wordpress
you're looking for. You can even selection more competitive. The
founder Matt Mullenweg,
search by Multiple Listing same thing will happen in
venture capitalist Fred Wilson
Service (MLS) number assigned updates every 15 minutes, so you If you're in the market for a new Seattle, which means Seattle
and Foundry Group director
to a specific property if you may get a lot of alerts if you're home, or just want to daydream applicants will be ultimately
Brad Feld.
happen to know it. searching a major metropolitan about what's out there, then this vying for spots against the
Sponsor
The app also checks your area. app is a good start. It's a handy Boston and Boulder rejects.
This summer's program will be
location and lets you know about Each listing contains tons of way to carry around a The deadline to apply for this
the fourth class of companies to
any open houses going on in the information about the home for comprehensive overview of the summer's Boulder program is
go through the Boulder program,
area so you can scope houses sale, including the asking price, housing market right in your Monday, March 22 at midnight
and if last year's class is any
from the inside out. If you want property details, agent pocket or purse. Realtor.com Mountain Standard Time. Seattle
example of how things will go
to know everything going on in information, and pictures if there iPhone Real Estate App[iTunes applications open the following
this year, big possibilities await
the housing market in your area, are any. You can view the App Store] day.
applicants. TechStars founder
save your searches and property on a map, email it to Photo by Flickr user Let Ideas
and CEO David Cohen
Realtor.com will email you every someone else, and even contact Compete. Discuss
announced last November that
time there's an open house or the listing agent, all without
new listing. Be advised, the app leaving the app.
E-reader News Edition Tech Tips/ Tech News/ TV/ 33
MICROSOFT page 36
36 Entertainment/ Fashion/ Apple/ E-reader News Edition
MICROSOFT
continued from page 35
You're hard pressed to find any an effort to build a massive data can lead to vendor lock-in.
Victoria’s Secret Model
sector of the tech economy that
is getting more financing than
cloud computing.
center network that works as one
giant computer.
The investment includes the use
But Microsoft and HP obviously
see a need to form their own
partnership to compete with the
Lindsay Ellingson’s
Today's announcement by
Hewlett-Packard and Microsoft
of HP servers for Azure, the
cloud platform developed by
likes of Cisco, which has a deal
with VMWare. Oracle, for its
Topless Bikini
is a good example. The two tech Microsoft. In return, Microsoft part, is still waiting for approval By ELLE.com (ELLE News
giants announced a partnership software, database programs and on its deal with Sun Blog)
today that is valued at $250 other applications will be loaded Microsystems. Submitted at 1/13/2010 9:55:00 AM
million. on the HP machines. Enterprise customers should be
Why are these ventures getting Both companies want to own the wary of these mega deals. The Leave it to Victoria’s Secret to
such an influx of revenue? If enterprise. It's apparent that the castle in the cloud may look nice concoct a one-piece bathing suit
content is king, then two feel this can only be done by but the enterprise customer may with so little fabric, it’s actually
infrastructure in the castle in the having a deep cloud-based find itself in the dungeon if it called a bikini. VS’s new
cloud. infrastructure that bundles a full makes too heavy an investment “topless” bikini (reminiscent of
Sponsor suite of software and tools to in proprietary systems that lock the original monokini from the
Castles cost a lot to build and so optimize systems for business them into specific vendors. '60s), thankfully, comes with a
does a cloud service. The customers. Discuss removable bandeau for those not
Microsoft-HP deal is a case in Stacey Higginbotham of wishing to bare it all. Model at Lindsay, sans bandeau, click
point. The two companies are GigaOm makes an excellent Lindsay Ellingson does just that here.
building a cloud infrastructure point in asking if optimization is in the spring 2010 swim Would you wear it?
that spans hardware and software the new code word for catalogue, though her long —Violet Moon Gayn or
integration. They are developing proprietary systems. There's a beachy waves keep things PG- Follow ELLE on Twitter.
their own applications. It's like danger in that for customers as it 13. For a behind-the-scenes look Become our Facebook fan!
many, is still unparalleled by its they have a small file size, the Folders if we make our own. selection. Perhaps instead of fact that once you’ve defined the
competitors. Built on a rock solid ability for on-the-fly fine tuning • To get started, when in the searching by kind, you want to rules, this folder will
UNIX foundation and of the criteria used to define the Finder, go to the File menu and search by name, contents or date. automatically continue to update
continually adding refinements content as well as allowing the select “New Smart Folder.” Clicking “Kind” will allow these as new files are created or saved
that make interaction easier, OS content to dynamically update as You’ll have a Finder window changes as well as a mystical that meet its criteria. Folder
X has a lot of powerful new files meet the criteria. that looks like a search window. “other” option which gives you Inspiration
functionality that many users Whoa. What does all of that (You can also start this process tons of options for a plethora of Smart Folders sound great and
were unaware existed. One of mean? We’re getting there. simply by searching from a different uses. Since OS X is once you’ve set one up, you’ll
these is the idea of “Smart Smart Folders Save Time Finder window.) media friendly, you can also see the process is pretty simple.
Folders” and with a little primer, In short, Smart Folders save you • Next, using the bar beneath the select criteria that corresponds to It’s also pretty powerful but, for
you can begin using them to time. You basically give them a title bar of the window, select the metadata in your media files, inspiration, here’s a few
make your Mac experience list of rules to follow and they location you’d like this folder to such as aperture value of a photo, examples of interesting and
easier (and faster). A Brief automatically fill themselves search. The default options are sample rate for an audio file, useful Smart Folders that you
History with content based on the criteria your Mac, your home folder and video bit rate for video files and could create on your system.
The idea of these Smart Folders you’ve defined. It’s important Shared (any other computers you more. Recent Documents: To view all
are not unique to OS X. In fact, though, to realize that these may connected to). If you’d like • You can continue to add your recent documents, set the
the idea started originally in the Smart Folders do not actually it to confine the search to a additional criteria by clicking the kind to document and the last
mid ‘90s with the now defunct represent copies of the content, specific folder, simply navigate plus and adding another row of opened date to within the last 3
BeOS. When Dominic but merely virtually link to them. to that folder and use the criterion. Each additional days.
Giampaolo, a software developer If you delete a file out of a Smart Spotlight function built into the criterion further fine tunes your Important Files: If you use
for Be, began working for Apple Folder, you’ve also deleted it Finder window. (Type something search. For an item to appear in Finder labels, select “Other” and
in 2002, some of the best from its original location. How into the field to bring up a the results, it will need to meet choose “File label.” Then pick
elements of the BeOS made their To Make Smart Folders search; you can then delete what every rule you have created for the file label that matches your
way into Apple’s modern Making a Smart Folder is quite you typed to move to the next it. desired results.
operating system. We know easy. In fact, if you’re running step). • If you want to save a Smart By Device: Have several
these features as “Smart Folders” Leopard or Snow Leopard, • Unless you’ve specified some Folder search, click the Save cameras? You can use “Device
and Spotlight, both of which several of them have already phrase or string in the Spotlight button in the upper right of the make” and “Device model” to
launched in Mac OS X 10.4 been created. You might search region in the upper right window. Your searches are specify a particular camera (as
Tiger, two years after Giampaolo recognize them due to their of the window, at this point saved in “Saved Searches” inside well as any other EXIF data).
began working for Apple. trademark purple folder icon you’re not going to be seeing any the Library folder of your home Do you use Smart Folders?
A “Smart Folder” (or “Search (also used to serve the same role search results. Let’s give it some folder. There’s also a checkbox Have any tips you’d like to share
Folder” as Windows Vista calls in other applications, but we’ll actual criteria to search. to automatically add your new or comments on this post? Let
them when Microsoft introduced discuss that in future articles). In • Click the round plus (+) icon search to your Finder sidebar. me know what you think; I’d
its version in 2006) is based on the left side of a default Finder on the right side of the window • Editing a Smart Folder is as love to hear your feedback.
the idea that this folder is window, you’ll see an area called to show another bar beneath the simple as right clicking it in the
basically a “virtual folder” of its “Search For” with entries for search location. Where it says sidebar and selecting “Show
actual contents. This virtual “Today,” “Yesterday,” “Past “Kind” and “Any” is your first Search Criteria” or selecting the
folder doesn’t physically store Week” and some more. These search criteria. These work in same option from the gears menu
copies of its contents inside but are built in smart folders that pairs. You can change “Any” to once you’ve double clicked a
rather utilizes a database to store automatically search your entire documents, images, movies or saved Smart Folder.
attributes about the files (defined system for files meeting those anything you want. Instantly,
either by the system or the user). criteria. But we can do far more you’ll see your search results Again, the beauty and power of
This offers several advantages: powerful things with Smart start to populate based on your Smart Folders comes from the
38 Apple/ E-reader News Edition
has tried to end the trend of EPL Cochrane applauds the university
Rest Easy teams living beyond their means.
“With the Glazer debt now at
more than £700m and no
for giving the troubled Danton a
second chance.* * *
The baffling collapse of the
(WSJ.com: The Daily Fix) especially slim advantage for this
weekend’s home teams, since Ronaldo to sell next summer to much-anticipated bout between
Submitted at 1/13/2010 1:26:26 PM
three play in domes and one — balance the books, it would Floyd Mayweather Jr. and
If the quartet of NFL teams the Chargers — play in San appear that United will attract the Manny Pacquiao remains a
playing at home with a week’s Diego (the only chance of a cold- interest of UEFA if they are still bummer, but both fighters have
rest win this weekend, it weather game from here on out under the same ownership come moved on, and boxing fans
probably will be because they are is an AFC championship 2013,” Wallace writes. “Their should probably do the same.
better than their opponents, and matchup between the Ravens and business plan includes a £75m Though both Mayweather and
not because of that rest or home- Reference’s blog. He compared Jets at Giants Stadium). Also, the rolling credit line which United Pacquiao intend to fight on
field advantage. Associated Press home teams’ average margin of matchups this year are atypical, could use in the transfer market. March 13, only Pacquiao has
Jake Delhomme and the Carolina victory at various stages of the in that by some ranking systems Buying players on credit is the announced an opponent for that
Panthers had a week of rest and playoffs with their expected the rested home team is worse exact opposite of what [UEFA date. The prospect of Pacquiao
home-field advantage against victory margin, based on their than the visiting opponent. By head Michel] Platini wants clubs squaring off at Cowboys
Arizona a year ago. The result? ranking in Pro Football SRS, the Jets are better than the to do.”* * * Stadium with the very game
A 33-13 loss. Reference’s Simple Ranking Chargers and the Ravens are “What would be more jarring for Joshua Clottey is intriguing, but
That, at least, is what the System(SRS). He found that better than the Colts. In the NFC, a college hockey player?” it’s still tough not to think about
historical record suggests. Home home teams in the wild-card and the Vikings and Cowboys are Yahoo’s Greg Wyshinski asks. what might’ve been. Before you
teams have done very well divisional rounds of the playoffs nearly equal, while among the “Seeing a 29-year-old former move on, though, your Fixer
playing in the divisional round of tend to have a six-point home- home teams, only the Saints have NHL player lining up on his recommends that you read Tim
the playoffs, after a week off field advantage, whether or not a big edge, over the Cardinals. wing, or seeing one that served Starks’ long-but-definitive
during which their opponents they got rest. This is higher than Football Outsiders’ DVOA five years after pleading guilty in autopsy of the now-quite-dead
played wild-card games. But regular-season home-field rankings have the Ravens, a failed murder-for-hire plot fight at the boxing blog
they’ve done no better than one advantage, which could reflect Cardinals and Cowboys as before being paroled?” It’s not a Queensberry Rules. Spoiler alert:
would expect given that they’re the chill of playoff weather at superior to their opponents. And rhetorical question: Wyshinski is there is a lot of blame to go
generally better teams to begin outdoor venues. For conference- Jeff Sagarin’s predictor ranking writing about Mike Danton. The around.
with — hence the bye — and championship games, home-field favors the Ravens, Jets and recently paroled former St. Louis — Tip of the Fix cap to reader
playing at home. And in the last advantage averaged two Cowboys. Blues forward has enrolled at Brendan Flynn.
two years, home teams actually touchdowns in cold climates, but So don’t be surprised if one or Nova Scotia’s St. Mary’s Found a good column from the
have lost five of eight games at was virtually nonexistent two — or three or four — University, and could play for world of sports? Don’t keep it to
this stage of the playoffs. otherwise. Four of the five home visitors win this weekend, and the school’s hockey team during yourself — write to us at
Before the last eight games losers in the divisional round don’t be too quick to call those the second half of this season. dailyfix@wsj.com and we’ll
upended expectations about the over the last two years played outcomes upsets. In the Globe and Mail, Roy consider your find for inclusion
divisional round, Jason Lisk indoors or in relatively warm MacGregor argues that Danton’s in the Daily Fix. You can email
studied the effect of the bye weather. eligibility reflects a failure of David at droth11@gmail.com.
week for Pro Football These findings suggest an common sense by CIS, Canada’s
intercollegiate athletic
association. In the Halifax
Chronicle Herald, Chris
46 Sports/ E-reader News Edition
(ESPN.com) Bengals in Paul Brown Stadium, I'm really, really happy. I'm Filed under: Clippers, Western,
Submitted at 1/13/2010 11:01:38 AM
Ryan bemoaned what he claimed happy working for Rex. I love NBA Draft, NBA Injuries It
is the near-certain loss of the area. I love the Jets fans. I seems like only yesterday --
Schottenheimer Declines Bills Schottenheimer after this season. love what we've done. I love the actually, the end of last month--
I n t e r v i e w S c h o t t e n h e i m e r "I realize we're probably only guys on our roster." that Blake Griffin was looking
D e c l i n e s B i l l s I n t e r v i e w going to have him for as long as His words were reflected in his forward to playing his first
Even though the Jets granted the we're in this tournament," Ryan actions when he thanked the regular-season games. Camby-- no longer such a no-
Bills permission, New York said, "but we're enjoying it right Bills for their opportunity but It was supposed to be a matter brainer should that opportunity
offensive coordinator Brian now." ultimately decided to remain of weeks, which would've put his present itself.
Schottenheimer declined the On Sunday, Schottenheimer where he is. putative return right around ... Griffin was thought to be head
chance to interview for the reiterated his comments from last It also wasn't as if Wednesday, actually. and shoulders above the rest of
Buffalo head-coaching job this week that he's content with the Schottenheimer needed the Well, instead, the Clippers have last summer's draft class, in part
w e e k o r a f t e r t h e s e a s o n , Jets. He said he's fascinated by experience of interviewing for announced that the No. 1 overall due to the ongoing obsession
according to sources. their future with rookies such as the job; he has interviewed for pick is done for the season: with tall people, especially
AFC East blog Sanchez and Shonn Greene and multiple head coach openings After experiencing some athletic ones. We shouldn't jump
ESPN.com's Tim Graham writes young Pro Bowl linemen Nick and is expected to have more discomfort during his recently- to make an Greg Oden
about all things AFC East in his Mangold and D'Brickashaw opportunities in future years accelerated rehabilitation comparison, not in the least
division blog. Ferguson. when he might be more willing program, Clippers' forward because Kevin Durant is really
• Blog network: NFL Nation "I'd love to be a head coach, but I to leave the Jets. Blake Griffin was examined tall, while all the guards that
Schottenheimer has remarked say that with an asterisk," Adam Schefter is ESPN's NFL Tuesday afternoon by Dr. Neal have sparkled as rookies this
throughout the season how much Schottenheimer said Sunday Insider. Information from ElAttrache in Los Angeles. As a season are short. Still, it's worth
he enjoys working with new Jets after the Jets beat the Bengals in ESPN.com's Tim Graham was result of that examination, it has noting that again; we have a big
coach Rex Ryan and rookie the wild-card round of the used in this report. been determined that the healing man succumbing to injury, and
quarterback Mark Sanchez, and playoffs. "That's my dream, but I Five Filters featured article: in his left patella area has not smaller players starring from the
how truly content he is with his want to be a head coach when Chilcot Inquiry. Available tools: improved to the expected get-go. Maybe size isn't such an
current job as the offensive the time is right, when the PDF Newspaper, Full Text RSS, required level. Griffin will asset after all.
coordinator of the league's top- situation is right. I don't want to Term Extraction. undergo a surgical procedure in The game has been getting
ranked running attack. just take a job to take a job. the near future, with a recovery smaller for a few seasons; the
After Saturday's 24-14 playoff prognosis of four to six months. draft has been one of the last
Our sympathies go out to Griffin, holdouts. Seeing as big men are
his family, and especially the less structurally sound than other
Clippers, who would've greatly players, and thus more likely to
strengthened their playoff be injured, you have to wonder if
chances with Griffin in the future lottery teams might take a
lineup. They also stood to gain player's height into consideration
some flexibility, financial or as a negative.
otherwise, by dealing Marcus
E-reader News Edition Sports/ Economy/ 47
Season Blake Griffin Done For properly. The Clippers said more surprising to fans of a team with
The Season details would be announced When did Mark McGwire use
just two winning seasons in the
LOS ANGELES -- Blake soon. steroids? The exact timing could
last 30 years and just one playoff
Griffin's first season with the Los After a loss in Memphis on help reassess his gaudy career
series victory since moving to
Angeles Clippers is over before Tuesday, the Clippers will play town in 1984. numbers — and also to examine
it even began. at New Orleans on Wednesday how much performance-
The Clippers also have a long
Griffin night before returning to Los enhancing drugs actually
history of disappointing draft move on?”
Griffin will have surgery on his Angeles for a road game against enhance performance. Reuters
picks, including a pair of No. 1 That does seem like enough
broken left kneecap, keeping the the Lakers on Friday. Would McGwire have reached
overall choices that didn't dazzle. cause to knock out McGwire’s
No. 1 draft pick out for at least Griffin was the consensus 70 homers in 1998 without the
Danny Manning played just 26 Hall of Fame candidacy, but
four more months, the eternally college player of the year with help of steroids?
games in his rookie season in other writers won’t move on
star-crossed Clippers announced 22.7 points and an NCAA-best McGwire’s statement, issued
1988-89 after tearing his knee until they believe McGwire has
in a statement Wednesday. 14.4 rebounds per game last ligament and undergoing Monday, admitted to steroid use come clean, fully, making it
Griffin hasn't played a regular- season for the Sooners, and the after the 1989 season, and again
surgery, though he eventually possible to fully assess his
season game yet for the Clippers Clippers eagerly chose him in became an All-Star before for a longer period starting in career. “McGwire’s usage
after injuring his kneecap in their last June's draft. fleeing town. 1993, after he was sidelined with patterns could go a long way in
final preseason game Oct. 23, Griffin averaged 13.7 points and Copyright 2010 by The a heel injury. Baseball analyst helping determine the true effect
wincing in pain as he landed 8 . 1 r e b o u n d s d u r i n g t h e Associated Press Tom Tango notes that, if we of steroids on hitting,” Will
after a dunk. After resting the preseason, and coach Mike throw out the initial period of
Five Filters featured article: Carroll writes at Baseball
stress fracture for several weeks, D u n l e a v y a n d h i s n e w usage and divide McGwire’s
Chilcot Inquiry. Available tools: Prospectus.
t h e f o r m e r O k l a h o m a s t a r teammates all expected him to be career into the part through 1993
PDF Newspaper, Full Text RSS, However successful McGwire is
recently increased his workload a major part of their comeback Term Extraction. and the part afterwards, he had as a hitting coach for the St.
in rehabilitation by running on season. Instead, Griffin has never nearly an identical number of Louis Cardinals, his prediction
plate appearances before and skills remain questionable, Rob
after steroids. Yet before he hit
Wall Street titans face the flak 229 homers, and after, 354. “Of
course the McGwire+steroid era
Neyer writes at ESPN. McGwire
told Bob Costas that Cardinals
slugger Albert Pujols “will be
(Financial Times - US use wide-ranging powers to front as the Financial Crisis coincided with the jump in probably the greatest baseball
homepage) establish the causes of the Inquiry Commission, headed by o f f e n s e f o r n o n - s t e r o i d a l player to ever play this game.”
Submitted at 1/13/2010 11:25:15 AM
financial crisis and pursue any Phil Angelides, probed the bail- r e a s o n s , ” T a n g o w r i t e s . Neyer points out that even if
wrongdoing. out of AIG, risk management “Anyway, knock 50 HR from his Pujols doesn’t decline in his 30s,
Four of Wall Street’s top Lloyd Blankfein of Goldman and executive compensation. stats, maybe 100 walks, and turn he’s a long shot to unseat Babe
executives offered some Sachs, Jamie Dimon, chief Five Filters featured article: them into outs. That removes Ruth as the best player ever.
contrition and a defence of their executive of JPMorgan Chase, Chilcot Inquiry. Available tools: about 150 runs, or 15 wins,
actions on Wednesday, as the John Mack of Morgan Stanley PDF Newspaper, Full Text RSS, turning him from Edgar Martinez
head of the Financial Crisis and Brian Moynihan of Bank of Term Extraction. to Carlos Delgado. NOW can we
Inquiry Commission promised to America maintained a united
48 Sports/ Popular News/ E-reader News Edition
There were some reports of difficult, even for the whatever humanitarian next few weeks and months will Bing search engine, but in
looting overnight. government. assistance may be required". be like." December the technology giant
Haiti is the poorest country in Damage has also been reported Canada, Australia, France and a Have you been affected by the said it was committed to China,
the western hemisphere and has in the towns of Jacmel and number of Latin American earthquake? If you have any calling it "the most important
suffered a number of recent Carrefour, near Port-au-Prince. nations have also said they are information you wish to share strategic market".
disasters, including four Guido Cornale, a representative mobilising their aid response. with the BBC you can do so Print Sponsor
hurricanes and storms in 2008 of the UN children's agency Pope Benedict XVI has called using the form below: Five Filters featured article:
that killed hundreds. Unicef, in Jacmel, said it for a generous response to the You can send pictures and video Chilcot Inquiry. Available tools:
With communications destroyed estimated more than a fifth of "tragic situation" in Haiti. to yourpics@bbc.co.uk, text PDF Newspaper, Full Text RSS,
by the earthquake, it is not yet buildings there had been Emmet Murphy, who works for them to+44 7725 100 100 or if Term Extraction.
possible to confirm the extent of destroyed. a non-governmental organisation you have a large file you can
the destruction, although there The Red Cross is dispatching a in Haiti, told the BBC: "I was click here to upload.
were reports on Wednesday of relief team from Geneva and the driving through the mountains on Click here to see terms and
many bodies piled in the streets. UN's World Food Programme is my way home to Jacmel when conditions
People in the capital were lifting flying in two planes with the car started to shake. It was At no time should you endanger
sheets on bodies to try to identify emergency food aid. like a very strong wind was yourself or others, take any Exec: Ex-worker
loved ones. The Inter-American blowing and I nearly lost control unnecessary risks or infringe any
The authorities here say 11 Development Bank said it was of the car. laws. fired at random in
soldiers have died and there have immediately approving a "I drove further and found the The BBC may edit your
been several injuries, and there $200,000 grant for emergency road totally blocked by a massive comments and not all emails will Ga. rampage (AP)
are fears this number could rise. aid. landslide on the road. I just knew be published. Your comments (Yahoo! News: U.S. News)
It has also been confirmed that The head of the International that if I had reached that spot may be published on any BBC Submitted at 1/13/2010 1:11:46 PM
Zilda Arns, a prominent Monetary Fund (IMF) said it five minutes earlier, I would media worldwide.
Brazilian aid worker and would co-ordinate with other have been killed." Five Filters featured article: MARIETTA, Ga. – A former
paediatrician, has been killed. international agencies to offer Blogger Troy Livesay, in Port- Chilcot Inquiry. Available tools: employee who last worked at an
She was a sister of the retired help as swiftly as possible. au-Prince, wrote: "Thousands of PDF Newspaper, Full Text RSS, Atlanta-area truck rental
Cardinal Paulo Arns, a major The World Bank also said it was people are currently trapped. To Term Extraction. company six months ago chose
figure in the Catholic Church sending a team to assess the guess at a number would be like his targets at random when he
here. damage and plan recovery. It guessing at raindrops in the went on a shooting rampage and
Some soldiers have managed to said its offices in Port-au-Prince ocean. Precious lives hang in the killed two people, a company
make contact to reassure had been destroyed but that most balance. official said Wednesday.
relatives, but given the damage staff were accounted for. "When pulled from the rubble Jessie James Warren, 60,
to infrastructure at Brazilian The UK said it was mobilising there is no place to take them for EXEC: page 60
bases, communication is proving help and was "ready to provide care. I cannot imagine what the
MARIETTA, Ga. -- A former president of Penske Truck Springer, said that Warren had administration office.
employee apparently chose his Leasing. been laid off recently and that A man who witnessed the arrest C-SPAN will make the Fox vs.
targets at random in a shooting "It appears to have been random, "he had some issues," though she said the suspect looked "out of FCC profanity case available on-
rampage at an Atlanta-area truck to come in and shoot one of our would not elaborate. She said her his mind" and "all drugged up." demand, online starting around 8
rental business that left two men customers who couldn't possibly family is trying to pull together "The cops walked up on both p.m. Wednesday night, the 13th.
d e a d a n d t h r e e i n c r i t i c a l have been involved in any but they are "not (doing) very sides of the truck, he opened the It will air on C-SPAN 2 starting
c o n d i t i o n , t h e c o m p a n y ' s grievance," Hard said. good." door and they threw him on the at 9 p.m. In both cases, the
president said Wednesday. Warren, who was denied bond It was the second fatal U.S. ground. He pretty much just gave language will not be bleeped,
Jessie James Warren, 60, was in a brief court hearing at the workplace shooting this month. up," Michael Robertson told The reports Multichannel News. The
arrested in his pickup truck Cobb County Jail, worked at Timothy Hendron, an employee Associated Press. court first found that the FCC's
shortly after the Tuesday attack. Penske as a technician from June at an ABB Inc. electrical plant in Lights were on but no one finding, based on fleeting
He is charged with two counts of 2005 until July 2009, said Hard. St. Louis, is accused of shooting appeared to be home Tuesday profanity, was an arbitrary and
murder and five counts of He would not say why Warren hundreds of rounds of night at an address listed for capricious change. However, the
aggravated assault. left the company, but the widow ammunition through the Warren in Temple, a rundown Supreme Court disagreed and
Police said a man dressed in of one of the victims said Warren sprawling plant as about 50 house with an overgrown lawn remanded it back to the Second
camouflage stormed the Penske had been laid off. workers sought refuge. on a rural stretch of two-lane Circuit court.
T r u c k R e n t a l f a c i l i t y i n Police have not disclosed a Authorities say he killed three highway. No one answered the Five Filters featured article:
Kennesaw, about 25 miles motive, although Hernandez men and injured five others door but a dog could be heard Chilcot Inquiry. Available tools:
northwest of Atlanta, in the d e s c r i b e d W a r r e n a s a before killing himself. barking. A few neighbors PDF Newspaper, Full Text RSS,
nation's second fatal workplace "disgruntled ex-employee." Hard In the Georgia case, about two contacted by telephone said they Term Extraction.
shooting spree this month. also said he would not provide dozen employees were working didn't know Warren.
Killed were 59-year-old Van any more details of Warren's at the Penske office, consists of a Five Filters featured article:
Springer of Woodstock and employment pending the police couple of large buildings with Chilcot Inquiry. Available tools:
Jaider Phillipe Marvlanda, 43, of investigation. bay doors, Penske spokesman PDF Newspaper, Full Text RSS,
L a w r e n c e v i l l e , s a i d C o b b "We are all still trying to Randy Ryerson said. Term Extraction.
County Police Officer Joe understand what happened and The gunman first confronted
Hernandez. we are fully cooperating with someone in the parking lot
Four of the victims were Penske law enforcement officials," said before moving to the truck bay
they take. “It’s almost as if get timely responses if needed. the other banks being questioned world. This “super-regulator” 10:55am
you’re at a blackjack table where 11:59am if they were about to collapse. would need to be able to keep up Mr Holtz-Eakin probed Mr
you can never really get wiped Blankfein on AIG: “A failure of “At some level the government with the accelerating complexity Dimon on how it was possible
out,” he said to Mr Dimon. risk management of colossal would intervene,” Mr Blankfein of financial products and that so many mortgages went
Mr Dimon kept to the stock proportions”. said, noting that shareholders practices. The idea of a global bad in the US. JPMorgan’s chief
response about being paid in 11:53am would not feel any relief from regulator has been highly blamed bad products (such as
stock, arguing that as people Still facing heat for shorting this. “There would be something controversial because some option arms), bad actors (shady
become more senior, they pay a products that Goldman sold, Mr done because of the fragility of argue it would mean outsourcing mortgage salesmen) and
price when the company pays a Blankfein argued that the bank the system.” He went on to say US lawmaking to other speculation (people buying
price. However he acknowledged was purely following its risk that he was not sure if this would countries. homes purely as investments).
that in some ways it is one sided. management protocols. He said have been true a year and a half 11:17am 10:52am
An unimpressed Mr Angelides that as a syndicator of certain ago or a year from now. They’re back. Commissioner On the rating agencies, Mr
retorted that, “the downside products, Goldman found 11:29am John Thompson is back on Mr Blankfein acknowledged that
compared to most Americans is themselves to be long on them Still on the hot seat, Mr Dimon Blankfein, who said it was higher ratings created a sense of
not nearly the same.” and that they were trying to get faced a good question about “amazing” that post-Enron off- complacency. “To some extent I
12:15pm “closer to home”. He also said what it means for the economy balance sheet risk remained a also had been deferring to a
Mr Angelides digs in further to that while the bank has been that bank compensation has problem. “I think it’s quite a big rating agency,” Mr Blankfein
find out what Mr Blankfein’s producing research that was drawn so much talent away from lapse,” Mr Blankfein said. said.
responsibility is when Goldman downbeat on the housing market fields such as engineering. The However, Mr Blankfein went on 10:45am
Sachs’ name is on a security. in 2006, he was first alerted to CEO replied using his brother to argue that one of the biggest Commissioner Douglas Holtz-
“You weren’t just a market serious problems in the subprime who has a PhD in physics as an challenges to re-regulating the Eakin, who advised John
maker, you were securitising market by reading them in the example, claiming that he would economy is to resist taking all McCain’s presidential campaign,
mortgages,” Mr Angelides said. press. never pretend to get into the leverage, or risk, out of is hammering away at risk
In response, Mr Blankfein stuck 11:48am something as “mundane” as financial markets so that the management practices. Mr
to his story that he was dealing Mr Blankfein said that Goldman trading and that the trend might “growth engine” of the economy Blankfein, who is probably
with sophisticated investors who had $10bn in exposure to AIG. reverse at some point. “Different stalls. starting to wish his name began
sought that exposure. As it began to pull back, it had strokes for different folks,” he 11:07am with a Z, called for more internal
“I know it’s become part of the $7.5bn in cash and took out said. The panel is taking a 5 minute stress testing. Jamie Dimon
narrative that people know what $2.5bn in credit protection 11:26am break. acknowledged that while his
was going to happen at every against AIG’s default. Mr Dimon, putting the financial 11:03am bank did stress test many areas,
minute,” Mr Blankfein said. “We 11:45am crisis in perspective, reminds the Defending the intentions of they did not have stress tests
didn’t know what was going to Commissioner Peter Wallson, panel crises happen every five to himself and his colleagues, Mr showing that US home prices
happen.” before digging into Goldman’s 10 years. “It’s not a surprise or a Blankfein said that the mistakes would fall 40 per cent.
12:13pm exposure to AIG, said he does mystery”, Mr Dimon said. He of banks were due to failures of Rationalising his mistakes, he
With the few extra minutes not envy the fact that Mr went on to make the point that risk management. “Most of the said, “If you do everything right
remaining Mr Angelides lays Blankfein’s name begins with a there needs to be a regulator that problem wasn’t the cynicism of in business, you’re going to
into Mr Blankfein a little more. “B”, forcing him to take each can see the bigger picture and companies that held these make mistakes”.
12:08pm question first. understand how emerging products and knew they were 10:38am
Commissioner Bill Thomas 11:32am problems can boil over. toxic,” he said. “They didn’t Mr Blankfein, back in the hot
promises all the CEOs that all of Commissioner Keith Hennessey 11:23am: know they were toxic.” seat, is continuing to dance
the information they will be peppers Mr Blankfein on the idea Mr Mack contends that the US 10:58am around the compensation
sending to the commission will of “too big to fail”. He asks if he needs a consolidated regulator Mack on mortgages: “We did question.
be handled appropriately. He thinks that the government with more resources that is tied eat our own cooking and we
also promised to be “pushy” to would rescue Goldman or any of to other regulators across the choked on it”. FULL page 65
64 Economy/ E-reader News Edition
10:29am Goldman’s CEO, leaning can justify betting against kept pace with the complexity of underestimated risk-taking.
Keeping pressure on pay, which halfway across the table, said securities, mostly subprime, that financial products. “They were 9:07am
has been among the most that while the position that the the bank was selling to meant to spread risk, but they Phil Angelides, head of the
politically sensitive subjects, bank was in was difficult, it was institutions and investors. Mr had the opposite effect,” he said. FCIC commission, stared down
Commissioner Robert Graham not planning on relying on Angelides called the action 9:33am Lloyd Blankfein, Jamie Dimon,
asked John Mack what Morgan government assistance. He “cynical” and said that it John Mack, speaking more John Mack and Brian Moynihan
Stanley means when he talks reminded the commission that appeared to undermine the deliberately than Mr Dimon, and reminded everyone of the
about performance in relation to the bank still had access to the market. called the last two years unlike anger being felt among the
pay. Mr Mack said that capital markets and that neither 9:43am anything he has seen in the last American people. “They have a
performance generally means he nor anyone else can know Prepared testimony is over. 40. right to be. This forum is the
profitability and how much risk what would have happened Asked what he would apologise 9:26am eyes, ears and voice of the
is required to achieve that without government support. for, Mr Blankfein said that his Jamie Dimon, speed-talking and American people”. Ten minute
profitability. 9:56am bank participated in elements peering over his spectacles, testimonies begin in alphabetical
10:20am Mr Angelides tore into that caused “froth” in the market, boasted about JPMorgan’s order with Lloyd B. - AR
Mr Blankfein, who has faced all Goldman’s vaunted risk pointing to overuse of leverage. performance throughout the 8:30am ET
of the questions so far, defended management abilities. He listed a However, he refused to call it crisis, reminding the commission Live coverage of the Financial
Goldman’s pay practices, litany of ways that Goldman misbehaviour, noting that in the that the bank never suffered a Crisis Inquiry Commission
arguing that compensation was benefited from government context of the world they were quarterly loss, thanks to its begins here at at 9am. Congress
down by 50 per cent last year assistance. He asked: “When you in, those were “typical” actions. strong loan loss reserves and will first probe chief executives
and that he is paid mostly in look at the amount of leverage 9:41am high levels of liquidity. The CEO of top US banks about the causes
stock. He also reminded the that you had, do you really Echoing the populism that resisted placing any blame on of the financial crisis, with free
commission that he must hold 90 believe that your risk Congress is looking to hear, Mr regulators, but argued that no reign to question them on
per cent of his shares until he management was sufficient for Moynihan said, “Over the course institution should be “too big to everything from their pay
retires. “Pay of senior people at you to survive were it not but for of this crisis, we as an industry fail”. Instead, he said, packets to the financial
Goldman Sachs has always the government assistance that caused a lot of damage. Never shareholders and creditors, rather instruments that sparked the
correlated with the success of the you received?” has it been clearer how mistakes than taxpayers, should be the meltdown. Regulators will also
firm,” he said. 9:52am made by financial companies can ones bearing risk. be on the hot seat, with Sheila
10:15am Mr Blankfein, getting defensive, affect Main Street, and we need 9:19am Bair, FDIC chairman and Mary
Heather Murren hits Mr claims that Goldman is merely a to learn the lessons of the past Mr Blankfein acknowledged Schapiro, SEC chairman, due to
Blankfein on AIG, regulation market maker and can be a few years.” that Goldman Sachs benefited face questions. - Alan Rappeport
and compensation. winner or a loser after such a 9:40am from the government support Tags: banks, Blankfein, BofA,
10:05am transaction. Speaking over each Up now is Brian Moynihan, that was used to rescue the Goldman Sachs
Saying that he’s not trying to get other, Mr Angelides says that Mr BofA’s new boss. He breaks the financial system and said that the January 13, 2010 1:51pm in
Mr Blankfein to “cry uncle”, Mr Blankfein’s actions are like crisis down into four parts: (1) a support was “without question” Business| Comment
Angelides continued to press the selling a car with faulty brakes mortgage crisis in the US and needed for stabilising the Five Filters featured article:
issue. In response to Mr and then buying an insurance abroad; (2) a capital markets economy. He argued that in the Chilcot Inquiry. Available tools:
Blankfein’s comparison to the policy on it. Voices raised, Mr crisis; (3) a global credit crisis; future, there should be more PDF Newspaper, Full Text RSS,
financial crisis as being similar Blankfein reminds him that the and (4) a severe global recession. frequent public stress tests and a Term Extraction.
to an earthquake or hurricane, institutions Goldman is dealing 9:36am system that allows private capital
Mr Angelides retorted: “Acts of with are “professional” investors Mr Mack also hammered away to be deployed to cushion future
God will be exempt, these were dedicated to this business. at the idea of banks being too big collapses rather than government
acts of men and women”. Next 9:50am to fail. He called for a systemic funds. Finally, he pointed to a
question. Mr Angelides asks Mr risk regulator and said that lack of scepticism about the
10:03am Blankfein about how Goldman oversight and regulation have not rating agencies that ultimately
66 Economy/ E-reader News Edition
GOOGLE
Art.view: Eastern eyes continued from page 64
Jan 13th 2010 | MEXICO CITY an epicentre 10 miles (16km) quake was indiscriminate. The economy. Mexico’s government
From Economist.com Perhaps south-west of the capital and a Days after leaking restructuring
magnificent rotunda of the said it would be sending a search
thousands are killed as Haiti is mere 6 miles underground, moves at Fox Network Group to
presidential palace caved in, -and-rescue team, as well as
struck by a powerful earthquake leading to particularly severe a handful of publications, News
although the president, Rene doctors specialising in wounds
THE capital of Haiti, Port-au- shaking at the surface. The Corp has issued confirmation.
Preval, was reported to be safe. from building collapses. A
Prince, suffered a devastating tremor was the strongest in the Peter Rice, chairman of
Across the city rubble poured peacekeeping force of some
e a r t h q u a k e m e a s u r i n g 7 . 0 Hispaniola region since 1946 and entertainment for Fox
into the streets, blocking rescue 9,000, led by Brazil, if it is able
magnitude on Tuesday January was felt as far away as eastern Broadcasting Group, will now be
workers’ routes, as screams filled to function, is likely to be called
12th. Much of the city was Cuba. A series of powerful chairman of entertainment for
the air. The only illumination as on to preserve order and prevent
flattened and at least hundreds- aftershocks followed the first the Fox Networks Group,
night fell came from fires near looting. Despite generous
and probably thousands-of tremor. overseeing Fox Broadcasting and
the shoreline, from burning international assistance, Haiti
people have been killed. The The island of Hispaniola, shared FX Networks' FX and Fox
buildings and from torches, had struggled to recover from a
country is desperately poor and by Haiti and the Dominican Movie Channel.
although the light was obscured series of tropical storms in 2008.
densely populated. Most of the Republic, sits on a tiny tectonic All sports networks and
by a cloud of dust and smoke This calamity is likely to prove
2m residents of the capital city plate squeezed between the properties will also be under one
that hung over the city. to be far graver yet.
are squeezed into tin-roof shacks North American and Caribbean roof -- headed by David Hill,
Outsiders are responding. Back to top ^^ Readers'
that are perched on steep ravines, ones. Seismologists say it is chairman/CEO of Fox Sports.
Within hours of the quake, comments
which are extremely vulnerable vulnerable to infrequent but This includes not just Fox
countries in the region were The Economist welcomes your
to collapse. programming on the main Fox
violent earthquakes. Haiti itself preparing to deliver aid. The views.
Little reliable information was is used to natural disasters- Broadcasting network, but the
United States sent a hospital ship Five Filters featured article:
immediately available, in part hurricanes regularly batter the company's 19 regional sports
and other craft to Haiti and the Chilcot Inquiry. Available tools:
because phone systems were country-and to coping with networks, Fox Soccer Channel,
Inter-American Development PDF Newspaper, Full Text RSS,
knocked out. The UN reported endemic political instability and Speed, Fox Sports en Espanol,
Bank said it would provide Term Extraction.
that many of its staff in the violence. But the country is ill- $200,000 in immediate MEDIADAILYNEWS: page 68
country were missing and that equipped to respond to an emergency help. The World