Archive for the ‘Word Press’ Category

Jamie Dimon’s Word Is Stronger, More Long-Lasting, Than Gold

By David Benoit

Jamie Dimon continues to get some serious love from his brothers in rich-people finance.

Earlier this week we saw WarrenBuffett compliment his ability to write a great letter, a compliment JD returned yesterday to the Oracle. Buffett added he personally owns shares of J.P. Morgan and applauded Dimons shares ideas on capital management.

And today, Alan Schwartz, the executive chairman of Guggenheim Partners and the man who handed Bear Stearns over to Dimon in that seminal deal, praised Dimons integrity.

Speaking on CNBC this morning, Schwartz said the discussions during those turbulent times included many promises from Dimon. They werent contractual obligations, just his word. Even as things continued to get worse, and the banks found themselves in a blizzard of problems and bad press, Dimon didnt back down from any single promise Schwartz said.

His word was more important, Schwartz added.

The bromances are coming out in full as the spring-time nears.

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Jamie Dimon’s Word Is Stronger, More Long-Lasting, Than Gold

Alan Elsner: You Callin' Me a Snob? The History of a Word

The word "snob" has been much in the news lately -- which prompted me to wonder about its origins and history.

Apparently, according to the Oxford University Press, the word was first recorded in the late 18th century as a term for a shoemaker or his apprentice.

By the end of the century, it had been adopted by Cambridge University students, who used it to refer to townspeople or local merchants who were not enrolled in the university and then more widely for people "of the ordinary or lower classes" -- more or less the opposite of today's meaning.

According to one Aodh de Blacam, who penned a Short History of Snobbery, in 1940, it was the novelist William Makepeace Thackeray (best known for the 2004 movie Vanity Fair starring Reese Witherspoon) who gave the word its modern meaning in his "Book of Snobs" (1848).

"An immense percentage of Snobs, I believe, is to be found in every rank of this mortal life. You must not judge hastily or vulgarly of Snobs: to do so shows that you are yourself a Snob. I myself have been taken for one," Thackeray writes in his introduction.

He goes on to elucidate the many different varieties of snobs -- the royal snob, the town snob, the country snob, the military snob, the clerical snob and others. The word soon passed in French (le snobisme) and German (der Snob).

Today we have the wine snob, the beer snob, the cheese snob, the opera snob, the film snob and countless other varieties. One definition of the food snob that amused me is "a person who looks down on those who do not know the difference between a daube and a navarin."

For those few readers who do not know, the former is made with slow-cooked beef, the latter with slow-cooked lamb.

According to the BBC, "Garden snobbery has been with us since the medieval queens imported exotic herbs in the 14th century. Gardens have always been places for a show of wealth and power and, of course, demonstrations of one's good taste and superior class." That seems a particularly British form of snobbery.

Here in the United States, I guess we have "lawn snobs" (people who look down on their neighbors whose grass is less green and lush and weedless than their own) and its opposite, "eco-lawn snobs" (those who look down on neighbors who waste precious dollars by pouring gallons of poisonous substances on their grass in order to create a fake and toxic perfection).

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Alan Elsner: You Callin' Me a Snob? The History of a Word

Sideshow: What's the word, Natalie and Ben?

Gossip sites went nuts Tuesday with news that the rumored secret marriage between Natalie Portman and Benjamin Millepied (conducted in a super-secret bunker deep in the bowels of NORAD in Cheyenne Mountain?) had been confirmed.

The couple's jeweler, former ballerina and Ben friend Jamie Wolf, issued a press release saying she designed the couple's wedding bands - the same rings they wore to the Oscars.

The eco-friendly rings "were made with recycled platinum and conflict-free diamonds," Wolf told Us Weekly

How that actually confirms anything is beyond us. We're holding out till the chimney sweep weighs in. (No word yet from the happy couple.)

NBC has announced the lineup for the 14th season of talent show Dancing With the Stars. The dozen dancers include 67-year-old diva Gladys Knight; actors Melissa Gilbert, Jaleel White (Family Matters), and soap star Jack Wagner; athletes Donald Driver and Martina Navratilova; and TV show hosts Sherri Shepherd (The View) and Maria Menounos (Extra).

The new season begins March 19.

Lady Gaga will unveil her good-cause dot.org, the Born This Way Foundation, with a live streaming event Wednesday at 4 p.m. on the org's site (http://bornthiswayfoundation.org/live). Her GagaShip will be joined by Oprah, Deepak Chopra, and other dignitaries. The mentoring and advocacy org will help young folk with bullying and self-image issues.

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Sideshow: What's the word, Natalie and Ben?

DGAP-News: Solar Millennium AG: Insolvency proceedings initiated for Solar Millennium AG

DGAP-News: Solar Millennium AG / Key word(s): Insolvency Solar Millennium AG: Insolvency proceedings initiated for Solar Millennium AG

28.02.2012 / 12:45

Corporate News Insolvency proceedings initiated for Solar Millennium AG

Erlangen, 28 February 2012 - The Amtsgericht [Local Court of] Frth initiated the insolvency proceedings for Solar Millennium AG on Tuesday. The court appointed Volker Bhm, lawyer from Nuremberg, as insolvency administrator. He had already been appointed interim insolvency administrator last December. Upon the initiation of insolvency proceedings, Mr. Bhm assumes power of administration and disposal from the former Company organs.

The search for investors for the Company will continue. The insolvency administrator still sees takeover opportunities for the Flagsol GmbH subsidiary in Cologne and some of the Spanish power plant projects, particularly Arenales. Apparently investors are also interested in taking over Solar Millennium AG as a whole, although the prospects of success are highly uncertain in this respect. Therefore, the Companys remaining staff of about 40 received a notice of termination on Tuesday.

The Amtsgericht appointed a creditors committee of inspection. The first creditors meeting is scheduled to take place on 15 May 2012.

About Solar Millennium AG:

Solar Millennium AG (ISIN DE0007218406), Erlangen, is a company that operates globally in the renewable energy sector, with its main focus on solar power plants. Together with its subsidiaries and associates, the Company specializes in solar-thermal power plants, particularly parabolic trough plants.

The Company covers all important business sectors along the value chain for solar power plants: from project development and financing to technology and the turnkey construction and operation of power plants. Solar Millennium realized Europes first parabolic trough power plants in Spain as well as the first modern parabolic trough solar field in Egypt.

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DGAP-News: Solar Millennium AG: Insolvency proceedings initiated for Solar Millennium AG

Erykah Badu Banned From Performing in Malaysia

Erykah Badu, no stranger to bare skin-related controversy, has pissed off Malaysian authorities with a publicity photo. The Associated Press (via Entertainment Weekly) reports that after seeing this photo, wherein Badu's bare shoulders are tattooed with the word "Allah" in Arabic, a government committee for the Muslim-majority country decided Badu was unfit to play her scheduled show in Kuala Lumpur this week.

Malaysia's Information minister Rais Yatim said in a statement to the AP that the temporary Allah tats are "an insult to Islam and a very serious offense" and that the photos have "triggered public criticism that could jeopardize national security and cause a negative impact to the government's image."

Badu is no longer permitted to perform as planned in Malaysia, but is permitted to stay in the country as a tourist (she'd already flown over for the show), according to the AP.

A version of the same publicity photo without the offending Arabic word was used to promote the concert. (See above.)

Rocket Juice and the Moon: "Hey Shooter" [ft. Erykah Badu]:

Stream of "Hey Shooter [ft. Erykah Badu]" unavailable on this device.

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Erykah Badu Banned From Performing in Malaysia