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Enron writ large? by wisconsin_cur on Tue Dec 01, 2009 5:45 am

Enron was the financial scandal that kicked off the decade: a giant energy trading company that appeared to be doing brilliantly—until we finally noticed that it wasn’t. It’s largely been forgotten given the wreckage that followed, and that’s too bad: we may be repeating those mistakes, on a far larger scale.


http://www.thedailybeast.com/blogs-and-stories/2009-12-01/worse-than-enron/?cid=tag:all1

Nomi Prins dissects the opaque origins of the record profits that have been recorded by the big banks recently, delving in to the accounting of Citibank, Bank of America and Wells Fargo. My favorite quote comes in relation to Wells Fargo and sent me into a giggling fit:

Separately, Wells states in its filing that its management accounting process is “dynamic” and, not “necessarily comparable with similar information for other financial services companies.” This statement should give lawmakers pause...


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1 Comment Viewed 49806 times
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Book IV: Stone Warriors by eastbay on Mon Jul 08, 2013 12:17 pm
I hope you enjoy this excerpt from Chapter Three of Book IV, "Stone Warriors."

He told CJ the story of that day in early March when six brave explorers from Corbett walked up the Columbia River...

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0 Comments Viewed 9680 times
If confronted by a mob, by wisconsin_cur on Wed Apr 25, 2012 2:04 am
I heard the question asked recently, how do you defend yourself from a mob. Assuming you have...

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6 Comments Viewed 240666 times
Buck, a Survivor of the Shut Down by eastbay on Mon Jan 02, 2012 1:45 pm
Deleted the rough first few chapters, just like last time.

The book is done, submitted and should be on Amazon (paperback and Kindle) and available through major bookstores this spring.

0 Comments Viewed 36083 times
Reflection on something lost by Jack on Wed Sep 21, 2011 6:46 am
I'm not usually into poetry, but this reminds me of what we've lost. It's been years since I've seen one of these -

POETRY
Monarchs of the 70s
By Sheila E Sanchez Hatch

More astounding than snow in...

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1 Comment Viewed 27534 times
Ten Years and Done Waiting by wisconsin_cur on Sun Sep 11, 2011 2:50 am
On September 11th 2001 my wife and I arrived home from night shifts at a metropolitan hospital to the news that one of the two towers of the World Trade Center was burning. We followed events closely...

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1 Comment Viewed 75284 times
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Re: If confronted by a mob, by eastbay on Thu Apr 26, 2012 8:08 pm
The tae kwon do instructor where my kids studied (a few years back) wouldn't give out a black belt unless the student could run fast and far ... I don't recall exactly the time/distance, but it was about...

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Re: If confronted by a mob, by General Doom on Wed Apr 25, 2012 1:30 pm
I've been in one (out in the street), and barricaded inside my house for 3 days from another one.

In the first one I was a young adult and I ran - it's always good to have an escape route planned ahead....

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Re: If confronted by a mob, by Newfie on Wed Apr 25, 2012 6:49 am
You are correct, we mostly agree. In fact I went back to edit my post after rereading you and couldn't find an edit button. I realilized that in my actions where the girl was being beaten I did just...

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Re: If confronted by a mob, by Newfie on Wed Apr 25, 2012 6:49 am
You are correct, we mostly agree. In fact I went back to edit my post after rereading you and couldn't find an edit button. I realilized that in my actions where the girl was being beaten I did just...

[ Continued ]

Re: If confronted by a mob, by wisconsin_cur on Wed Apr 25, 2012 5:29 am
If I may quibble but on a distinction that I think is important?

Quote: "a mob occurs when the collective instinct over rides the individual rational thought process."... "Fighting is ineffectual...

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