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Archive for the 'Time' Tag
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Russia’s answer on the U.S. Elections: Obama Matryoshkas
In Moscow, matryoshka – little wooden dolls – of Barack Obama have become one of the best selling souvenirs among tourists and Russians.
While before the election both Obama and McCain dolls were offered by shopkeepers, the interest in McCain dolls that even before November 4th had sold in much smaller numbers, has now more or less completely diminished. Or as one of the sellers put it “my stock in McCain dolls is now worth about as much as shares in Lehman Brothers”
Obama dolls are a new addition to …
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Music: Ayo
We’ve first listened to Ayo, the Nigerian-Roma Soul, Reggae and Acoustic Soul singer a while ago at the Paleo festival. What a performance and what a person. She definitely has seen rough times in her life, but when I see her smile it’s the smile of a survivor.
Carry on and here are three songs from this outstanding person.
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Time: Wassup 2008
One of the best replies / follow-ups on the famous Budweiser advertising campaign a few years ago. The guys from the original spot get together eight years later and its wassup on the financial crisis, the lack of a health system, the housing market and being still in Iraq. So what’s up B?
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Music: Hitler Rap
Just a reminder to look out for.
Like at those days its just a question of the packaging how they again are bringing the Nazis in through the back door. Could those who know where some of these trillions and the majority of the so called government “humanitarian aid” is really going to please step forward and have a say…
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Financial Crisis: How to say good by in style
One of the big questions and one some of us are getting asked quite a few times these days is it already time to buy back or still better to wait was answered by a Californian hedge fund manager – Andrew Lahde – who made one of the biggest percentage profits of all time and bowed out of the business last Friday with a fierce attack on the “idiots” running big banks who were willing to take the other side of his bets.
He also demonstrated how to say good by in style (when you’ve made your profit).
Below a quote from the letter he sent out and published on the INet (link to full text below)…
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GM: A look into the abyss
Today was a bad day at stock exchanges all around the world and it was potentially the worst day in stock market history for General Motors.
Already down about 80% from its trading range around USD 40 per share 12 months ago, the share price of the Detroit car maker today was shredded another 30% to around USD 4.7. The report from JD Powers published today that is expecting an “outright collapse” for the global auto industry in 2009 certainly did not help. And for that the writing was already on the wall when GM stopped production in some of its factories in Europe earlier this week (Today even BMW has announces a short production stop with one of his factories in the next weeks).
Let’s put these figures into perspective:
The last time GM was traded around USD 4.7 a share was in the 1950s when an average car sold for …
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