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"Success is doing ordinary things extraordinarily well."

The 70's Are So 90's. The 80's Are the Thing Now.
Topic: Miscellaneous 5:47 pm EDT, May 10, 2002

(Requires NY Times login)

It was probably inevitable. The pop music and fashion industries depend on recycling their own history, and the retro styles of the 1960's and 70's had been strip-mined to the point of exhaustion. Anyway, pop cult revivals tend to arrive punctually after roughly 20 years — just long enough for a period to acquire the charm of remoteness. In the 80's themselves, rock groups like R.E.M. and Jesus and Mary Chain harked back to the Velvet Underground and the Byrds of the 60's. So, in the 00's, the 80's have returned, right on time.

Dance clubs devoted to 80's pop culture have been springing up from Chicago to London, from Berlin to Brooklyn, all of them echoing with the thumping sound of 80's synth-pop groups like Human League and Soft Cell. But the D.J.'s are not just spinning records culled from the bargain bins. They're also playing music by a raft of contemporary 80's-influenced groups like Fischerspooner, the Faint and Miss Kittin and the Hacker.

w1ld: great article!

The 70's Are So 90's. The 80's Are the Thing Now.


Which distributed project are you involved with?
Topic: Miscellaneous 5:09 pm EDT, May 10, 2002

Does your computer spend most of the day running screensavers or otherwise wasting its computing cycles? Why not use those spare cycles to help solve some huge problems? Try a project in one of the following categories:

Science, Life Sciences, Cryptography, Internet, Financial, Mathematics, Art, Puzzles, Miscellaneous, Distributed Human Projects, Collaborative Knowledge Bases, Charity

Which distributed project are you involved with?


Improving the Way Humans Walk
Topic: Miscellaneous 4:57 pm EDT, May 10, 2002

(NY Times Login required)

AIROBI, Kenya — As dawn breaks, Linnette Otieno leaves her small house on Nairobi's outskirts and walks five miles to market. On her head is a load of firewood she plans to sell. The load weighs about 65 pounds. She hardly sweats.

Scientists have long wondered how women like Ms. Otieno are able to carry so much so easily. Now, in a study to be published shortly, two researchers from Europe describe the trick in detail: women from certain African tribes unconsciously modify their gait to walk using less energy. The energy they save is applied to carrying the weight.

Improving the Way Humans Walk


E*Trade downgrades CEO's pay - Tech News - CNET.com
Topic: Economics 2:01 pm EDT, May 10, 2002

"In 2001, Cotsakos pulled in $4.9 million in salary and bonus, according to documents filed with the Securities and Exchange Commission. E*Trade also forgave a $15 million loan to Cotsakos last year, gave him $15.2 million to pay the taxes related to forgiving of that loan, paid him $29 million worth of restricted stock, and contributed more than $9 million toward a supplemental retirement plan.

In that same year, E*Trade posted a loss of $241.5 million, or 73 cents per share."

E*Trade's CEO salary is 30% of their annual loss!!

E*Trade downgrades CEO's pay - Tech News - CNET.com


Hey, Who's That Face in My Song?
Topic: Miscellaneous 11:30 am EDT, May 10, 2002

Aphex Twin, who has been described as "the most inventive and influential figure in contemporary electronic music," appears to have sneaked the digital image of a devilish face into at least one of his songs.

The spooky image of a creature with a diabolical grin has been accidentally discovered on Aphex Twin's Windowlicker EP, a 1999 hit.

Hey, Who's That Face in My Song?


Greenspan Speaks
Topic: Miscellaneous 11:02 am EDT, May 10, 2002

"Enhanced risk management, by increasing our ability to better focus on probabilities, will tend to flatten cyclical lending patterns," Greenspan said in remarks to a banking conference in Chicago.

"The loss of high quality borrowers thus introduces not only systematic vulnerabilities but also portfolios that are less idiosyncratic and more sensitive to the business cycle," he said.

"Risk quantification should lead to tighter controls and assigned responsibilities. The risk effects of lending officers' decisions can be recognized in a more timely fashion, thus reducing the cyclical attitudinal swings in banking," Greenspan said.

Greenspan Speaks


CoSine to cut jobs, reduce spending
Topic: Miscellaneous 10:42 am EDT, May 10, 2002

Battered by the continuing downturn in the economy, CoSine Communications on Thursday announced plans to lay off 45 percent of its work force.
A CoSine representative said the network equipment maker will cut 190 jobs, reduce research and development spending, and consolidate the company's sales and support staffs so they can focus on the company's larger telecommunications service provider customers.

CoSine to cut jobs, reduce spending


Leave Options Alone
Topic: Miscellaneous 2:24 pm EDT, May  8, 2002

(NYTimes login required)
Political leaders in Washington are casting about for measures to ensure that the Enron debacle will never be repeated. Unfortunately, one of the main ideas being considered — requiring companies to treat stock options as expenses on financial statements — addresses an issue that not only had nothing to do with Enron's failure but is, in fact, not a problem at all.

Leave Options Alone


Here comes the Bulls!
Topic: Miscellaneous 1:37 pm EDT, May  8, 2002

May 8 — Stocks rallied strongly Wednesday, after networking giant Cisco Systems posted better-than-expected quarterly earnings and indicated technology spending may be recovering.

The Dow Jones Industrial Average was up around 281 points, or 2.9 percent, and was back above the psychologically-key 10,000 level. The blue-chip index closed Tuesday’s session 28.51 points higher at 9,836.55.

Here comes the Bulls!


The Rise And Fall Of Bernie Ebbers
Topic: Miscellaneous 11:46 am EDT, May  8, 2002

A bar bouncer turned telecom billionaire, he's now out of a job and $366 million in debt. But he still has faith.

The Rise And Fall Of Bernie Ebbers


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