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Showing posts from January 28, 2010

[NEWS] Soros Endorses Obama’s Plan on Banks

January 28, 2010 Soros Endorses Obama’s Plan on Banks By JULIA WERDIGIER DAVOS, Switzerland — The billionaire investor George Soros said on Wednesday that he supported President Obama’s proposal to limit the size of banks. But he warned that it was too early to put such a plan in place and that it did not go far enough. Mr. Soros’s comments at the World Economic Forum here clashed with those made earlier in the day by the president of Barclays, Robert E. Diamond Jr., who said that the effects of shrinking banks “on jobs and the economy would be very negative.” “There is no evidence that shrinking banks is the answer,” Mr. Diamond said during a panel discussion. Mr. Obama’s plan is becoming a focus of discussion among conference participants. Among the measures Mr. Obama presented last week was one to prohibit banks that hold deposits from owning or investing in hedge funds or private equity funds. While some banking executives fear that such rules would hamper earnings and li...
Cold moon The setting moon looms above the snow-covered Alp Salaz in Switzerland's Rhine Valley on Nov. 5.

[NEWS] Senate confirms Bernanke

Senate confirms Bernanke for second term 70-30 tally was the closest in history of nominee for Fed chairma from msnbc.com Jose Luis Magana / AP http://www.nytimes.com/2010/01/27/opinion/27friedman.html OP-ED COLUMNIST Adults Only, Please By THOMAS L. FRIEDMAN Published: January 26, 2010 Maybe it’s just me, but I’ve found the last few weeks in American politics particularly unnerving. Our economy is still very fragile, yet you would never know that by the way the political class is acting. We’re like a patient that just got out of intensive care and is sitting up in bed for the first time when, suddenly, all the doctors and nurses at bedside start bickering. One of them throws a stethoscope across the room; someone else threatens to unplug all the monitors unless the hospital bills are paid by noon; and all the while the patient is thinking: “Are you people crazy? I am just starting to recover. Do you realize how easily I could relapse? Aren’t there any adults here?” Som...

[NEWS] Argentine Leader

Pork better for sex than Viagra - Argentine leader A rgentina's president recommended pork as an alternative to Viagra on Wednesday, saying she spent a satisfying weekend with her husband after eating barbecued pork, according to Reuters. "I've just been told something I didn't know; that eating pork improves your sex life ... I'd say it's a lot nicer to eat a bit of grilled pork than take Viagra," President Cristina Fernandez said to leaders of the pig farming industry, according to the report. She said she recently ate pork and "things went very well that weekend, so it could well be true." h t tp://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2010/01/28/201001280078.asp
Life's a beach South Beach, also nicknamed "The American Riviera," is well-known for celebrities, chic lifestyles and, of course, beaches. The man-made beach runs along the Atlantic Ocean for miles. from msnbc.com