The Macho and the Machine

 

Financial Meltdown – Wall street on red alert

September 14,2008: The month of September any year doesn’t seem to be very favorable for financial markets in New York. The recent developments point to what experts say could be yet another depression in US history.

·        Lehman files bankruptcy

·        BOA buys Merrill – $50 billion

·        AIG plans sales to raise billions

·        WaMu in line ?

A bright and sunny weekend in Seattle and an overcast sky in New York for months to come.

 

 

 

More news:

 

1.      Wall Street on Red Alert

2.      Lehman – Chicken Game over

3.      After Frantic Day, Wall Street Banks Falter

4.      Greenspan: Economy in a once-in-a-century crisis

5.      Wall Street awakes to 2 storied firms gone

 

 

 

Wall Street Meltdown – 2007

This video was inspired by the bizarre sequence of events on the Street in 2007. The use of Billy Joel’s “We Didn’t Start the Fire” came from a hilarious internet parody song “Here Comes Another Bubble” by the Richter Scales (available on YouTube). They did such a good job, I thought Wall Streeters everywhere deserved a parody of their own. This version does not have anywhere near the same sophisticated flash software but here it goes.

The video was produced for non-commercial amusement purposes only and is not intended to offend any people, companies or countries appearing in the video.

 

S-Ox Sarbanes-Oxley Act

 

It’s the name of a piece of U.S. compliance legislation, with global implications, which was signed off in 2002. A key section, Section 404, went live on Nov. 15. It’s designed to prevent financial malpractice and accounting scandals such as the Enron debacle. It’s also known as the Public Company Accounting Reform and Investor Protection Act. The shorter moniker comes from the names of Sen. Paul Sarbanes, a Democrat from Maryland, and Rep. Michael Oxley, R-Ohio, who are credited as the main architects of the Act. It’s becoming known as SOX or SarbOx or SOA.

The Act covers a whole range of governance issues, many covering the types of trade that are allowed within a company, with an emphasis upon keeping everything above board. For example, the Act forbids personal loans to officers and directors. Former WorldCom boss Bernie Ebbers had taken considerable loans from his company shortly before it became the center of a corporate scandal. Other measures regulate the responsibilities of audit committees sent in to check the health of companies’ compliance. The Act also offers protection to whistleblowers.

 

Positive people are Happy people

Positive people are happier, period. Tapping into your bright side is easier than you’d guess !!!

We all know people whose engagement with life can only be described as joyful. Fittingly, nature rewards these happy-go-lucky types: Being optimistic in middle age increases life span by at least 7.5 years — What’s behind their hardiness: They minimize the destructive effects of stress. Of course, optimists get stressed, But they automatically turn the response off much more quickly and return to a positive mental and physical state.

Here are four habits that longevity experts say are at the heart of a sunny disposition—and that you can adopt, too:

 

7 Habits of People With Great Memories

1. Have fewer than two alcoholic drinks a day

2. Watch less than 1 hour of TV daily

3. Read novels

4. Do crosswords

5. Eat fish

6. Drink tea or coffee

7. Keep a journal

 

IBM – WebSmart

WebSmart, like it’s green screen predecessor, is not a case tool. It’s a program generator.

When a new program is created in WebSmart the user runs a wizard that in which the user selects which existing files to use in the program, how the files are related and what the program should do by choosing a template. A full featured program is then generated that includes PML and HTML. After that, the user is on their own to customize the HTML and PML (Program Macro Language).

 

When the going gets tough…the tough get going

 

Excerpted from Robin Sharma’s Discover your Destiny.

Rule# 1: Remember that life is a series of seasons. Every human being will have to endure the harshness of a few winters in order to get the glory of best summers. Never forget that winters do not last.

Rule# 2: Join the Hope Club. Big, beautiful and seemingly impossible goals are superb vehicles to keep you inspired. Da Vinci said: “Fix your course to a star and you can navigate any storm.” When you are reaching for great and noble goals that speak to the best within you, your desire to reach them will pull you through the tough times that you will encounter along the seeker’s path.

Rule# 3: Keep in mind, at all times, that we grow the most from our greatest suffering. As we go through it, it hurts. But as we move through it, it also heals. When a jug of water falls to the floor and cracks, what was hidden within begins to pour out. When life sends you one of its curves, remember that it has come to help crack you open so that all the love, power and potential that had been slumbering within you can be poured into the world outside you.

Rule# 4: Failure is a choice. Nothing can stop a man or a woman who simply refuses to be kept down. The book – The Go-Getter is very helpful on this point. Just make a decision from the center of your heart that, no matter what happens to you, you will keep walking the authentic path. Doing so will ensure you a life of real success.

Rule# 5: During tough times, there is a tendency to let go of yourself. As you encounter adversity, have the discipline to maintain your routine – get up early, do your holy hour, eat very well, exercise, spend time with nature. And make sure that you do all you can to keep all four of your central dimensions – the mind, the body, the emotions and the spirit – in fine operating order.

Rule# 6: Feel your feelings. When you are facing hard times, some people will tell you to “just think positive thoughts.” Such advice is not helpful. While living in the past is unhealthy, one must not rush to reframe a so-called negative event as a positive one. Doing so will throw you into denial. Feel through the feelings of hurt, anger or sadness that will naturally surface. It’s okay to be with them. Processing through them allows you to release them. Just don’t get stuck in them. The key is really to strike a balance.

Rule# 7: Remember that, no matter how hard things get, you are never alone.

Source : http://www.mehtanirav.com/2005/09/09/rules-for-going-through-tough-situations/

 

Attitude is like Attire – You choose what you wear !! B+

 

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