Some inflight reads from today:

• How to fail (Seth Godin)

• Ray Dalio of Bridgewater Associates ($92B) on Pursuing Self-Interest in Harmony With the Laws of the Universe and Contributing to Evolution Is Universally Rewarded (NY Mag)

• Portfolios-To-Go May Become Wall Street’s Next Thundering Herd (Bloomberg)

• If the banks forsake London, where might they go? (Guardian)

• Bernanke, Trichet Display Their Respective DNA (BusinessWeek)

• What Is Really Killing Pharma (Open Eye)

• Microsoft’s Odd Couple (Vanity Fair)

• Fukushima: What happened – and what needs to be done (BBC)

What are you reading?

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

12 Responses to “Inflight Reads”

  1. canoles says:

    Japan to raise Fukushima crisis level to worst, NHK, April 11, 2011 at 4:47 pm EDT:

    The Japanese government’s nuclear safety agency has decided to raise the crisis level of the Fukushima Daiichi power plant accident from 5 to 7, the worst on the international scale

    The Nuclear and Industrial Safety Agency made the decision on Monday. It says the damaged facilities have been releasing a massive amount of radioactive substances, which are posing a threat to human health and the environment over a wide area. …

    Level 7 has formerly only been applied to the Chernobyl accident in the former Soviet Union in 1986 when hundreds of thousands of terabecquerels of radioactive iodine-131 were released into the air. One terabecquerel is one trillion becquerels.

    The agency believes the cumulative amount from the Fukushima plant is less than that from Chernobyl. …


    “…Mission NewEnergy, Limited, the largest producer of jatropha by acreage planted, currently employs more than 140,000 formerly impoverished farmers in India now earning a living cultivating jatropha without compromising food supply or food pricing. The company is currently distributing product in Europe, and launching its U.S. operations.

    James Garton, president of Mission NewEnergy said, “We are particularly pleased to learn of repeated testing of Jatropha in aviation with positive results. With the unprecedented challenges facing the airlines as a result of the constant increase in the price of jet fuel, and the global need to accept sustainability as a key to environmental responsibility, the Jatropha solution is timely and efficient.”

    In addition to civilian aviation, there are studies underway by the military with regard to jatropha oil. Major General Wilbert Pearson (USAF-Ret), now chairman of Mission NewEnergy’s advisory board, concluded that “the military has a huge and continuing need for efficient and affordable fuel and Jatropha appears to meet those standards while also meeting environmental demands.”…”

  3. Michael says:

    A strong recommendation…. read the Ray Dalio piece, go to his company website and view his CNBC interview…

    Thanks Barry for the link to this article…


  4. Arequipa01 says:

    If you go Mission NewEnergy Ltd, on the home page a video plays and it features R. James Woolsey touting their brand of sebo de culebra. He’s a busy boy for a guy retired from the …

    He is involved in something out MIT as well, a super fuel from bacteria, and he was on a BOD for a mini nuke reactor company that had investors like Illaramendi who were scamming the pension fund of PVDSA. Strange. And another company involved in electrogravitics or something like that. He sure has a curious hobby.

  5. VennData says:

    Do not expect the rich to sacrifice to bring down the deficit, it’s not like they benefited from Bush’s tax cuts. They are the victims, here, read this book to understand…

    … and ignore any data those blasted liberals toss your way, remember spending cuts will NOT effect the economy, but raising taxes on the rich will. All money is not equal and some is more equal than others…

  6. Interactive Spine

    Fascinating look at how our spine affects different parts of our body

    African Animals Getting Drunk From Ripe Marula Fruit

    Very Funny!


    (from Marcelo Wilson)

    The recession has hit everybody really hard.

    My neighbor got a pre-declined credit card in the mail.

    CEO’s are now playing miniature golf.

    Exxon-Mobil laid off 25 Congressmen.

    If the bank returns your check marked “Insufficient Funds,” you call them and ask if they meant you or them.

    McDonald’s is selling the 1/4 ouncer.

    Angelina Jolie adopted a child from America.

    Parents in Beverly Hills fired their nannies and learned their children’s names.

    My cousin had an exorcism but couldn’t afford to pay for it, so they re-possessed her!

    A truckload of Americans was caught sneaking into Mexico.

    A picture is now worth only 200 words.

    When Bill and Hillary travel together, they have to share a room.

    Congress says they are looking into the Bernard Madoff scandal. Great! The guy who made $50 billion disappear is being investigated by the people who made $1.5 trillion disappear!

  7. [...] – Further, further reading. [...]

  8. V says:

    Regarding portfolios-to-go. A big market opportunity in Australia.

  9. …That’s a good round-up of what eminent domain is all about. As with the landmark corporatist Supreme Court decision in the Citizens United case, Kelo will have far-reaching consequences for decades to come…

    for those, still, enamored with ‘Home-Owership’ (yes, no ‘n’)

  10. VennData says:

    “…U.S. Senate Republican Leader Mitch McConnell said on Tuesday significant action must be taken to reduce U.S. debt…”

    ??? So he’s proposing a $1T-plus cut in spending? That’s what you need, since you first have to get rid of the deficit to begin paying off the debt.

    Are you telling me that the GOP puts people in the Senate that don’t know the difference between debt and deficit? Don’t they cover that when he home-schools his young’ins?