In an interesting article in the FT, Nassim Nicholas Taleb points out that while the rewards system on Wall Street incentivizes bankers who take risk, it does not have adequate disincentives to discourage a trader whose annual bonuses depends just on the returns he brought in during that period. So while the punt might prove [...]
I haven’t watched Slumdog Millionaire yet; I doubt if I will. Because some friends whose tastes and preferences as regards movies are close to mine are of the opinion that the movie is just another masala flick*, whose “realistic” depiction of the slums, squalor, hope and triumph falls way short of what some Hindi and Tamil [...]
Some “political commentators” are daring Republican Governors who opposed President Obama’s stimulus bill to not use the funds their states would be allocated. This is not just grossly stupid, but mean. These commentators are more partisan than the House or Senate Republicans they trash everyday as playing partisan politics. Would they also tell the people [...]
Ron Rosenbaum writes in Slate.com that if “The Reader” wins the Academy Award for the Best Picture, then it would strengthen the case for Holocaust deniers: This is a film whose essential metaphorical thrust is to exculpate Nazi-era Germans from knowing complicity in the Final Solution. The fact that it was recently nominated for a [...]
Recent Comments