Jorge Castaneda, author of the Ex-Mex book gives an example that many illegal immigrants coming to Germany, France and Britain before the expanding the EU to including Poland, Hungary, Romania, Vietnamese, Filipino, Chinese, etc. The illegal alien problem resolved itself by the integration of these Eastern European countries in a hard beat.
This author is an [...]
April 30, 2008. Immigration
April 29, 2008. Inside the money house?
This book is not really revealing anything refreshing at all. The followings are thing that I find interesting.
Global macro, prop trade are the concepts that is too specialized for hedge funds followers. Basically they are just stock trading or currency trading, debt and bond trading. However, they are looked at from a different [...]
April 28, 2008. CSPAN viewing and musing
All the typing regarding today CSPAN viewing is gone.
Panel on The Los Angles Book Fair is pretty good. The major short coming is that there is not enough time allocated to each panel for discussion and Q/A.
The tyranny of CSPAN is a word used by an moderator referring to not much [...]
April 24, 2008. Dismal politic
I come across books on Amazon.com on compiler design and computer language foundation. The foundation is a mathematical model of a language and using automata such as Turing machine to prove it right.
Many readers think that is hard to find a good book on compiler design and implementation at all. This is a result of [...]
April 22, 2008. History of credit derivatives
link of the site
History of Credit Derivatives
Author: Financial-edu.com
1975
-NYSE ended fixed commissions, leading to dropping commission rates and broker consolidation. -Large number of boutique investment banks. -Severe recession and oil price shock. -Collapse of New York City real estate market. -New York City defaults on [...]
April 21, 2008. Evil of hedge fund?
Alpha magazine has the 2007 list of hedge fund top earner out. This time is John Paulson of Paulson group $2.1 B, Soros and James Simon of Renaissance fund.
Counterpunch.org has a piece also on hedge fund. IT provides some information of the past. These are the only way to learn about these funds activities.
[...]
April 20, 2008. Musing on Weekend
I have read a bunch of book review on Amazon.com tonight. But I was not impressed by majority of them. Some of them I copy into my word processor, have it saved on OC or Google document.
This is a review by a conservative reader. He has a very long list of book review on [...]
April 18, 2008. Heart n Mind –Reality vs Wishful thinking
Why sufferings exist at all? Because other existence of evils? The end of the world is another example of this irrational outcome of one’s brain.
The idea that conceptual is reality really has many people in trouble as well as many out of bind.
Idea of Blacks and Scholes is an example that idea can make [...]
More finance and econ musings
Carry trade is not only happen with the Japanese low interest rate to stimulate the stagnation taking place in that country, it is also happen in USA when the Fed lower interest rate to stimulate more borrowing from the banking sector, not the consumers’ sake but for the investors or speculators’ sake. Since the investment-banks [...]
April 17, 2008. LTCM again?
IBM goes up to $ 123/share today and Merrill Lynch announces losing $1.9 billion last quarter.
I want to sell it…..why? simply long time observation and the basic belief that the current recession sentiment will not help business in general. So the rise will not sustain for long.
Radio report says this is the biggest brokerage [...]
Entry for April 16, 2008
7 Tectonic plates make up the earth/ Movement of plate and fault lines trigger earthquake. California geography survey bureau predict by 2037 there is a 6.7 scale or level earth quake in southern California more likely than northern California.
Berkland is the name of this geologist working for the California xxxx county. 3/28/08 on Nat [...]
Polygamy and Boy abuse?
Bill Mahr had a knock on the Warren Jeff Mormon case in Texas. He said that this is a case of Government bully of religion group. It is because if there small membership. If they are well organized and with much larger membership like the Vatican, the government would bother them at all even if [...]
April 13, 2008. Innovation Nation and Soros
John Kao’s “Innovation Nation” is on BBC last Friday night with the author. This is a interesting conversation. I only caught the last part of the interview around 12:40 mid night.
I was immediately drawn into the book when I first see it in library. I checked it out immediately and read a few chapters of [...]
April 11, 2008. Olympic torch?
The Olympic torch controversy is only a phenomenon in the West associated with a small gang of extremists in politic, fanned by the Western media. This is no surprising in the tradition of yellow perish and China bashing.
There is nothing new in the West this kind of politic activist. The anti war movement is another [...]
April 10, 2008. Perspective or spin?
The Texas Pacific Group (TPG) is buying the troubling Washington Mutual financial company. It is a matter of waiting shareholder’s approval to close the deal.
MSFT also plans a hostile take over of Yahoo if Jerry Yang and the Yahoo Board are not accepting the current offer. This is a kind of action not many people [...]
April 09, 2008. Academic theory and Reality
Social instinct is the last chapter of the Gut feeling: the intelligent of unconscious”. This sounds more like evolution biology or anthropology than psychology of decision-making.
The social instinct refers to the instinct of taking care of your kin (Family instinct) and Identify with a symbolic group, cooperate and defend its members (Community instinct).
This starts sounding [...]
April 08, 2008. Random tibits
On The Eric Liu dangerous idea of universal value of working for the good of other and it resemblance of religious calling of redeem or salvation of human race. Ideology and many other s-called noble causes also have the same characteristic.
In addition, this is the underlying feeling of one of the audience in the room [...]
Weekend …..
I may have found the reason why I so reluctant to put down more on the Comet and formation of big-bang theory on the electronic form is that I found majority of the information very superficial.
They are very sensational in nature. There is a lack of reasoning in the narrative or analysis. A few-minute show [...]
April 06, 2008. Defense of Private Equity
I thought the 2007 office program deletes the Word program from the system. I did not see it on the programs list. Now I found now by accident that there is an icon on the start menu allowing me to pull up Office document with Word program.
There are so many documents that I have [...]
April 03, 2008. Gambling carrying on
Michael Greensberger is the guest of Fresh air program today. The content of this interview is basically about the current measure to fix the Wall street problem.
Hank Paul son is part of the problem since he is the front man of Wall Street in the administration. There is an white elephant in the room which [...]
April 02, 2008. Innumeracy
Last night, the naked science program revealed that the forming of star would generated orderly the kind of particles such as hydrogen, helium, deuterium, carbon, and the last one Iron.
Other metals or elements must wait till a star dies and explodes. This process generates the other element such as water, zinc, calcium, etc. in [...]
April 01, 2008. Tibet links
Follows are links to Tibet history.
angry monk
Buddhism
serve the people
The problem faces by V on menopause is the discomforting feeling she has and the loosing sleep she experience. This can be fixed with hormone replacement program. But she is totally parallized because of the risk of hormone replacement with cancer.
The [...]
