Trailer for The Limits of Control starring Bill Murray, Tilda Swinton, Gael Garcia Bernal, and Isaach De Bankolé:
Daft Punk have signed on to write the score to Joseph Kosinski’s new Tron movie. Excellent.
Where’s the logic in trying to re-capitalise AIB to the tune of €1 Billion when it currently has a market capitalisation of less that €500 million? The €1billion in private funds is simply not going to happen, no way. So the Irish government is going to end up owning a majority stake in AIB (€1b vers >€500m of stock) or let it go to the wall.
Stop beating around the bush, just nationalise it. That way you don’t have to pump in the potential black hole in cash, you can just assume ultimate responsibility for the debts and allow the bank to operate as if it never had toxic assets, that is, making loans to those who are worthwhile. Then you can allow those debts that are assumed to be toxic to either unwind themselves over time without the bank going to the wall or you can shift them into a holding bank/ company.
Nationalising removes the legal obligation of the bank to the shareholders that would remain if the government attempted to “insure” the bad debts (as though the government can afford to do that at the moment). €340 million? Just buy the damn thing Lenihan, it would be in the best interests of bank customers and the taxpayers. This goes for BoI too.
Or that’s how I see it.
I’ve been broadcasting away twixt 5 and 6 taking your hand and wandering across the musical landscape of 2008 on DIT Fm. So here’s the story so far:
Monday
1. Department of Eagles - No One Does It (3:56)
2. Fleet Foxes - He Doesn’t Know Why (3:20)
3. Calexico - Two Silver Trees (3:49)
4. Benoît Pioulard - Ahn (2:36)
5. Jape - I Was A Man (3:31)
6. Cathy Davey - Reuben (4:10)
7. Joan As Police Woman - To Be Loved (3:03)
8. A.C. Newman - There Are Maybe Ten Or Twelve (2:41)
9. Petra Haden - God Only Knows (2:36)
10. Antony & The Johnsons - Another World (4:01)
11. Bowerbirds - Bur Oak (5:00)
12. Glasvegas - Please Come Back Home (3:29)
Tuesday
1. M83 - Kim & Jessie (5:23)
2. Neon Neon - I Told Her on Alderaan (3:43)
3. Cut Copy - Out There On the Ice (4:58)
4. Santogold - I’m A Lady (feat. Trouble Andrew) (3:43)
5. Lykke Li - Little Bit (4:33)
6. Deerhunter - Never Stops (3:04)
7. Rosebuds - Bow to the Middle (2:30)
8. Stephen Malkmus & the Jicks - Gardenia (2:53)
9. of Montreal - Id Engager (3:25)
10. N.A.S.A. - Spacious Thoughts ft. Kool Keith & Tom Waits (4:29)
11. Dan Black - HYPNOtise myspcmx 2 (4:12)
Wednesday
1. Passion Pit - Sleepyhead (2:58)
2. Pivot - In The Blood (4:34)
3. Dennis Wilson - River Song (3:46)
4. Blitzen Trapper - God & Suicide (2:21)
5. David Byrne and Brian Eno - Life Is Long (3:45)
6. Vampire Weekend - Cape Cod Kwassa Kwassa (3:34)
7. Minotaur Shock - Vigo Bay (4:22)
8. Franz Ferdinand - Eleanor Put Your Boots On (2:50)
9. Parts & Labor - Nowheres Nigh (4:24)
10. School of Seven Bells - Face to Face on High Planes (4:40)
11. MGMT - Of Moons Birds and Monsters (Holy Ghost! Remix) (6:16)
Thursday
1. Death Cab for Cutie - Long Division (3:49)
2. TV on the Radio - Golden Age (4:11)
3. Shearwater - Rooks (3:21)
4. Beach House - Wedding Bell (3:54)
5. Menahan Street Band - Karina (3:27)
6. Raphael Saadiq - Love That Girl (3:04)
7. Bon Iver - Skinny Love (3:58)
8. Cat Power - Silver Stallion (2:41)
9. She & Him - Why Do You Let Me Stay Here? (2:30)
10. Oxford Collapse - Young Love Delivers (3:49)
11. R.S.A.G - Stick to Your Line (5:04)
are streetlights in other countries different?
That building is Villa Nurbs. Cool as it is it’s the green streetlights that interest me. Hmm
Luigi Bocconi University Building by Grafton Architects
Grafton Architects have taken the top prize at the World Architecture Festival in Barcelona. How cool is that? World Building of the Year.
You know, Ralph Nader would still like people to take notice of him. So he’s reduced himself to talking to parrot. Sadly, it’s a good idea. As Reagan proved, animals make for effective ads.
I find the following piece of financial news weirdly funny:
NEW YORK (Sept. 15, 2008) ― Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones Financial Services Titans 30 Index.
Lehman Brothers Holdings Inc. (United States, Financial Services, LEH) will be removed from the Dow Jones Financial Services Titans 30 Index and replaced by Mega Financial Holding Co. Ltd. (Taiwan, Financial Services, 2886.TW). Lehman Brothers Holdings Inc. is being removed because it filed for Chapter 11 bankruptcy.
The Titans Index? The Mega Financial Holding Co. Ltd? These corporate types are such a bunch of weirdos.
Vice President of East Coast Television and Microwave Oven Programming Jack Donaghy wouldn’t be out of place in this news item.
Each one of us was harmed by being brought into existence. That harm is not negligible, because the quality of even the best lives is very bad-and considerably worse than most people recognise it to be. Although it is obviously too late to prevent our own existence, it is not too late to prevent the existence of future possible people. Creating new people is thus morally problematic.
From David Benatar’s book Better Never to Have Been: The Harm of Coming into Existence. Noted at Crooked Timber. Interesting!
…if you account for the relative worth of medals won and the Gross National Income (purchasing power parity adjusted) of the countries. Puts Australian’s being “beaten” by Britain in context.
Unsurprisingly Jamaica does best of all. Here’s the table as cooked up by the number crunchers at Crooked Timber:
Here’s the Crooked Timber post.
