Entries by Rayne

Hollywood Illiberal: The Entertainment Industry’s Misogyny and Society’s Broken Mirror

In a recent heated discussion I was told, “Hollywood is liberal.” That’s bullshit, I said. “But the themes they use in their stories—they’re liberal,” they rebutted. Again, bullshit. The proof is in the numbers. Hollywood is a backward institution, the leadership and ownership of which are overwhelmingly white and male. Entertainment looks as bad if not […]

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Software Is Not Capital if You’re Not a Software Company

The Economist trumpets Thomas Piketty’s Capital and his theory, r > g, has had its first serious rebuttal, glowing like a proud parent over graduate student Matthew Rognlie’s work. Note this bit: Mr Rognlie mounts three main criticisms of these arguments. First, he argues that the rate of return from capital probably declines over the long run, […]

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Mapping Treasure: Looking Beyond the Yield of Traditional Insider Trading

A former SAC hedge fund manager, who cooperated with law enforcement, avoided a prison sentence this week after the FBI’s investigation into insider trading found criminal activities. It’s a rather typical story in which persons unfairly benefited from information they would not otherwise have access to outside their work as traders. Six persons were ultimately […]

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Russia’s Sabre-Rattling: Not Just Bluster About Banks and Ukraine Unrest

Last Friday, CNBC interviewed Andrey Kostin, CEO of Russia’s second largest bank, following the EU’s decision to extend economic sanctions against Russia, ostensibly to punish Russia for hostilities against Ukraine. Kostin’s comments were combative. “You know, we have quite a strong opinion on sanctions. Sanctions, in other words, is economic war against Russia. Economic war […]

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Superb Owl Types: Check in Here for NotAllFootBall

Yeah, me, too — I can’t do football tonight. Once the Detroit Lions and the Green Bay Packers were knocked out of the running, I didn’t have a horse in the race any longer and couldn’t muster the whatev to bother following the limp ball debacle. Instead of watching the game, I’m going to knock […]

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Expectations of Light Ahead

This painting by Swedish painter Carl Larsson, dated 1904, depicts a Christmas Eve gathering. Family members present are not giddy but quietly enjoying the prospect of the feast they will share, set out before them. Snow falls outside in the growing dark as candle and fire light fills the space within. The picture is illuminated as […]

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Reagan? No, Regin — Yet Another [GCHQ] Intelligence Malware

Recently, computer security firm Symantec reported discovery of another intelligence-gathering malware, dubbing  it “Regin.” What’s particularly interesting about this malware is its targets: It infected computers in Afghanistan, Austria, Belgium, India, Iran, Ireland, Mexico, Pakistan, Russia, Saudia Arabia; At 48% of total infections, the largest group of targets were private individuals and small businesses. Please do […]

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Plane Meets Plow: The Curious End of Total S.A. CEO Christophe de Margerie

Forgive my skepticism about the accident Monday night that took the life of Christophe de Margerie. CEO of French oil and gas company Total S.A. We’ve been told by enough analysts that several target countries, including Russia, are under siege, though these experts don’t refer to this openly as asymmetric warfare. The recent and ongoing drop in petroleum prices […]

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JPMorgan’s Form 8-K to Investors: We’ve Been Hack-Mapped!

JPMorgan’s Form 8-K filed on Thursday with the Securities and Exchange Commission advises: On October 2, 2014, JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) updated information for its customers, on its Chase.com and JPMorganOnline websites and on the Chase and J.P. Morgan mobile applications, about the previously disclosed cyberattack against the Firm. The […]

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