So, here’s the puzzle. How do you turn this: into something thoroughly respectable, ideally in a melange of shiny stainless steel and earth tones? Well, here’s a hint: FacebookTwitterDiggItTechnoratiDel.icio.us
Maira Kalman pulls out a beautiful work, again, for us in the Times. Jefferson is one 0f a kind – this example just stuck out for me as evidence for his, well, uniqueness. This chart of vegetable availability in Washington, DC, was evidently based on Jefferson’s observations over the eight years that he was president. [...]
This is a great idea – abolish cash entirely – I hope it comes to the U.S. too. Heck, I’d be happy if they just got rid of the penny and the dollar bill! With recovery elusive, a population doddering into old age and perhaps a decade of deflation in prospect, Japan may start mulling [...]
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Extraordinary. Long-ish story short is: Some big banks pay 90% of this face value for credit-default-swaps (insurance) on a mortgage-backed-security they think is going to default (but they don’t own). Their counterparty (insurer) pays off the loans in the MBS and doesn’t have to pay the swap. Pockets the premiums (which were big) minus the [...]
Yet another one for the insufferable NYT lifestyle story file. At least we’re in recession mode on the lifestyle stories. Am I feeling schadenfreude or stupid-freude? Famed for its concentration of heavily subsidized 20-something residents — also nicknamed trust-funders or trustafarians — Williamsburg is showing signs of trouble. Parents whose money helped fuel one of [...]