Author: Serkadis

  • MUST SEE: Goddard Data and Global Sea Ice Doesn’t Fit by Joe Bastardi, AccuWeather.com

    Article Tags: Joe Bastardi, Video Link

    article image

    Listen to what Joe Bastardi has to say about the current global temperature recordings, he has a compelling view as to what should and what should not be going on, and you guessed it, he smells a rat!!!!!!

    Click source to see Video Link

    Source: accuweather.com

    Read in full with comments »   


  • Student Punished For Facebook Study Group Files $10 Million Lawsuit

    Two years ago, we chronicled what seemed like a bizarre story of Ryerson student Chris Avenir, who was threatened with expulsion for daring to setup an online study group for his chemistry class on Facebook. The university accused him of cheating, when he noted that this was really no different than if a bunch of the students all got together to study. The whole thing seemed pretty ridiculous. Eventually, the school decided not to expel him, but still punished him by giving him a zero on one assignment and putting a “disciplinary note” in his file. This still seemed ridiculous. How dare he get students together to study the material! In fact, many schools now encourage those kinds of online study groups.

    That said, it’s difficult to support Avenir’s latest move, which is to file a class action lawsuit against Ryerson, asking for $10 million because he wasn’t allowed to have a lawyer present at his disciplinary hearing (found via Michael Scott):


    A statement of claim filed on Mr. Avenir’s behalf says that students enrolled at Ryerson have been denied the right to have a lawyer present at disciplinary hearings. According to the document, the university violated its policy requiring that all hearings comply with the Statutory Powers Procedure Act, which guarantees a right to legal counsel. The policy states that all its Senate hearings must “be conducted in a manner consistent with” the act.

    This is just taking it too far. Yes, the disciplinary action was crazy, but a $10 million class action lawsuit? That seems like a response purely out of spite.

    Permalink | Comments | Email This Story





  • CBC ag program faces growing demand

    Published March 21, 2010
    By Kevin McCullen, Tri-City Herald Staff Writer

    PASCO — Students in Columbia Basin College’s growing agriculture program are in a position many of their peers may envy.

     Agriculture
    Columbia Basin College instructor Kerrin Molton, third from left, joins some of horticulture students in the school’s greenhouse on the Pasco campus checking their project to grown start plants from a plant cutting. From left, the students are: Kyle Clifford, 20, of Pasco, Katie Westfall, 18, of Finley, and Kinbri Snipes, 19, of Pasco. Photo by Bob Brawdy of the Tri-City Herald

    Many of the students in CBC’s 3-year-old program are attending the Pasco school through scholarships funded by agricultural businesses and have had paid internships with those companies.

    Their coursework in agricultural and physical sciences, math, business and general education fulfills requirements that allow them to transfer to Washington State University in Pullman or the Tri-Cities, Oregon State University at the Eastern Oregon University campus in La Grande or the University of Idaho to complete their undergraduate degree.

    And when they graduate from a four-year university, they likely will have jobs awaiting them.

    “They told me that when I get through school I’d have the opportunity to work for them,” said Brock Gibbons of Eltopia, who interned with AgriNorthwest and recently transferred to the La Grande campus to finish studies for a degree in crop sciences.

    Gibbons is part of the first class of CBC ag students expected to graduate from a four-year university in spring 2011. He is one of 41 students in the new pipeline of undergraduates who are or were involved with the CBC ag program, which was designed with input on course offerings and scholarship support from local agricultural companies.

    To date, more than $350,000 has been contributed by agricultural businesses for scholarships for CBC ag students.

    “My feeling was we needed to get this aligned with industry so we knew what they wanted us to teach, and that they needed to provide scholarships and internships to support our students and offer them work experience,” said Lisa Toomey, special projects director for the CBC president’s office.

    Industry leaders say the need is growing. In the increasingly technical and sophisticated 21st century world of agriculture and its interwoven demands for efficiency, productivity and sustainability, there is growing demand for educated and farm-savvy young professionals.

    They are needed to fill jobs in agribusiness, engineering, horticulture, microbiology, enology and viticulture, agri-economics, soil and crop sciences, animal sciences and skilled vocational trades.

    “I tell people the career opportunities in agriculture are brighter than they have been in several decades. There are many opportunities now for students coming out of agriculture programs, and many of those opportunities are well-paying jobs,” said Dan Bernardo, dean of WSU’s College of Agricultural, Human and Natural Resource Sciences.

    The average age of principal farm operators in Washington is creeping upward as well — going from an average age of 55.4 years in 2002 to 57 years in 2007, according to the U.S. Department of Agriculture’s Economic Research Service. Nationwide, more than one-fourth are 65 or older, according to the agency.

    “We need trained young people to come to the farm,” said Chep Gauntt of Gauntt Farms in Kennewick. He’s sponsored scholarships for two CBC students and donated labor and equipment for harvest at the college’s research plots.

    At AgriNorthwest, the corporate staff includes a range of expertise. And everyone, from scientists to economists, has a basic understanding of agriculture, said Tom Mackay, general manager.

    “The best people we find are those who have scientific and business skills and also have some experience in agriculture,” Mackay said. “You can’t go from never digging a ditch or experiencing agriculture in the field to becoming management material.

    “There’s a need in agriculture for well-educated, dynamic individuals and many of the university programs throughout the country are suffering because of a lack of students. So if we can help with scholarships and internships, it benefits the students and potentially us,” he said.

    Toomey, with help from CBC’s industry partners, has aggressively recruited students from area high schools since before the college offered its first ag class in fall 2007.

    There now are eight students who have transferred to four-year schools, and 18 are in their first year. The goal is to have 20 students entering the program each year, Toomey said.

    “I wanted to farm, but I didn’t realize how big agriculture is and all the opportunities it offers,” said Gibbons, who grew up on a farm. “The industry is changing so much, it’s becoming technical and more efficient.”

    Emily Tobin, a first-year student from Connell, didn’t come from a farm background. She became intrigued with the CBC program after learning of the career options.

    The introduction to ag and food systems course, one of the required classes for ag students, “opened my eyes to the vast technology farmers use,” said Tobin, who wants to become a research agronomist and will spend this summer working for Monsanto.

    Katie Westfall, a first-year student from Finley, has had horses throughout her life and been active in 4-H. The program attracted her because of its offerings and the cost per quarter: CBC estimates current tuition and fees for a typical resident student taking 15 credits or more is just over $1,000, according to the CBC website.

    In comparison, resident tuition for spring 2010 for an undergraduate taking 10 to 18 credits at WSU Pullman is about $3,800, according to the WSU website.

    Still, some friends didn’t understand why Westfall wanted to pursue a career in agriculture.

    “They think it’s still cows and plows,” she said. “It’s not. It’s high-tech, it’s science, it’s business and way more.”

    Some students weren’t raised on farms. Brandon Archer of Kennewick, a junior at WSU, wants to pursue a career in nursery and greenhouse management.

    His coursework at CBC prepared him for WSU, but the real-world experience he got while working for AgriNorthwest for two summers was invaluable, he said.

    “They moved us around a lot. I worked in a grain elevator and a soils lab, and one summer I was part of a road crew,” Archer said. “It really teaches you a lot about working as a team.”

    The McGregor Co., a multifaceted agricultural company based in Colfax, is sponsoring two CBC students. Leslie Hammer, communications, training and recruiting coordinator, said the company wants students who are educated and serious about an agricultural career.

    “The population of kids who have farming backgrounds is shrinking. So we look for who’s passionate about agriculture and who wants to learn, regardless of their background,” Hammer said.

    CBC offers a two-year degree with a focus in agricultural science that allows students to transfer to a four-year university. It also provides a two-year associate of applied science degree in agriculture and industrial equipment to train students to become technicians for agricultural and construction equipment.

    Last fall, CBC began offering a four-year bachelor of applied science degree, and students in the agriculture program can apply to complete their undergraduate degree at CBC.

    CBC currently has transfer arrangements with WSU Pullman and WSU Tri-Cities. WSU Tri-Cities offers a degree in horticulture with an enology and viticulture option, a program that several current CBC students are interested in, said Kerrin Molton, CBC agriculture instructor.

    Students also can pursue a crop and soil science major at OSU at the La Grande campus and a range of majors at Idaho.

    Class sizes at CBC are small, which has helped students develop a closeness, Westfall said. CBC students also have formed a student chapter of the National Marketing Agri-Marketing Association, the only two-year college in the country to participate.

    “We think our program is unique because of our industry partnerships. Most of our students feel they are mentored through the internships, and because we are small there is a lot of camaraderie,” Molton said. “When we designed the program, we wanted it to be this way.”

    For more information about the CBC ag program, go to www.columbiabas.edu/agriculture.

    Additional news stories can be accessed online at the Tri-City Herald.

  • Grants revitalize downtown Pasco with Latino style

    Published March 22, 2010
    By Kristi Pihl, Tri-City Herald staff writer

    PASCO — When Gene Holand walks through downtown Pasco he sees more than aging buildings in need of rejuvenation.

    He sees possibilities.

     Downtown Pasco

    Twelve years ago, the CBC associate business professor saw an area in dire need of revitalization. But it never came together until now.

    Holand grew up in Pasco and he and his family worked in retail. “I know what it can be,” he said of downtown Pasco. “I know what it was.”

    The downtown storefronts are getting remodeled in a Latino style that gives the area a cleaner, more modern feel.

    Mi Hacienda Restaurant & Grill was the first to benefit from a program that aims to improve downtown — one business at a time.

    Now, seven more businesses will get new facades and their owners will receive education through a partnership with Columbia Basin College.

    Efforts to revitalize downtown Pasco aren’t new. The city and Pasco Downtown Development Association started with U.S. Department of Housing and Urban Development grants several years ago.

    Mi Hacienda owner Mauricio Alcaraz was the first to get a grant.

    It was the beginning of a vision for downtown Pasco that speaks to the area’s Hispanic culture.

    His building is almost unrecognizable from what it was before.

    The dull blue facade and heavy old sign of the former Top Hat Cafe have been replaced by colorful red and orange hues and golden suns.

    “We want people to experience the same rich culture that we get to experience every day,” said Gilberto Mendoza, public relations director for the Tri-Cities Hispanic Chamber of Commerce.

    Right now, the focus is on Lewis Street from Third to Fifth avenues, and Fourth Avenue from Clark to Columbia streets, said Gloria Garcia, development association interim executive director.

    CBC recently received a $600,000 federal grant to provide education, marketing strategies, business plans and facade concept drawings for the downtown effort, said Rolando Garcia, CBC’s grant director for HUD’s Hispanic Serving Institutions Assisting Communities program.

    Rick White, Pasco community and economic development director, said the city hopes CBC’s plans will fit into the city’s facade improvement program, which is supported by a different $600,000 HUD grant.

    The businesses that will receive new storefronts include Viera’s Bakery, Supermex Grocery Store, La Michoacana Salon, Auto Accessories, Mi Casa Furniture, Plaza Del Cal-zado and a new business that will open at 417 W. Lewis St.

    If businesses were to take on the improvements themselves, it would take two to three times longer, Mendoza said.

    Alcaraz participated in the program before CBC joined in. His $20,000 grant from the city paid for three-quarters of his renovation costs. He also did interior remodeling himself to add to the appeal.

    Alcaraz chose the facade design that featured the sun because, “It looked like life.”

    Since he’s spruced up his business, Alcaraz said he’s attracted more customers. He also added Friday night karaoke and live music Saturdays and now has a regular weekend crowd.

    But the main thrust of the CBC project isn’t the most visual. Those involved say it’s the education.

    “Most businesses that fail don’t have a business plan,” said Martin Valadez, CBC vice president for diversity and outreach.

    CBC’s small business seminars start April 15, Valadez said. The programs, taught in English and Spanish, fulfill part of the grant’s requirements and are offered with help of the Hispanic chamber and the sponsorship of Numerica Credit Union.

    Some business owners don’t know all the reporting and accounting requirements, Gloria Garcia said. And they may not have a business plan or strong knowledge of their own finances.

    Mendoza said the education will help business owners know how to market their businesses and create an environment that encourages customers to return.

    For Holand’s students, CBC’s part of the project is a hands-on chance to work with businesses, Rolando Garcia said.

    CBC and the city and development association plan to apply for other grants to keep the effort going.

    Because it’s not just one business, but the whole downtown that they hope to transform.

    Additional news stories can be accessed online at the Tri-City Herald.

  • CBC to hold Maritime Licensure class

    NEWS RELEASE
    March 23, 2010                                                           Contact: Frank Murray, 542-4835

    Columbia Basin College will be offering a Maritime Licensure class March 30- April 23 for those in pursuit of a captain’s license needed for taking paying passengers on a vessel.

    The course is a 56-hour U.S. Coast Guard approved Operator of Uninspected Passenger Vessels (OUPV) course.  The course will be held Monday-Thursday, 5-9 p.m.

    Teaching the course will be Captain J.J. Janssen of Zenith Maritime Academy.  Captain Janssen’s nautical career has ranged from the rivers of the Southwest to the Salish Sea.
    For more information, call 542-4806.

  • Econometrics vs Climate Science by Doug L. Hoffman

    Article Tags: Doug L. Hoffman

    Recently, a number of papers have surfaced that use advanced statistical methods to analyze climate data. The techniques involved have been developed not by climate scientists but by economists and social scientists. These new tools belong to the field of econometrics. The use of statistical break tests and polynomial cointegration to analyze the relationships between time series data for greenhouse gas concentrations, insolation, aerosol levels and temperature have shown that these data are non-stationary. The implication of these findings is that much of the statistical analysis applied by climate scientists is flawed and potentially misleading. So strong is the statistical evidence that a couple of economists are claiming to have refuted the theory of anthropogenic global warming. This, on top of everything else that has recently transpired, may indicate that a climate change paradigm shift is imminent.

    The source of most climate predictions are general circulation models (GCM) that attempt to computationally simulate the physical processes found in nature. But GCM are not the only way to model the behavior of Earth’s climate system. I have previously commented on the use of the Chow test in time series analysis to test for the presence of a structural break. This statistical model predicts no temperature rise until 2050 and only a slight increase of 0.2°C between 2050 and 2100. Those interested can read “Stat Model Predicts Flat Temperatures Through 2050” or, for the more mathematically adventuresome, the paper by David R.B. Stockwell and Anthony Cox, “Structural break models of climatic regime-shifts: claims and forecasts.

    The world suffers from no shortage of future climate predictions so the addition of one more really did not cause much of a ripple in climate change circles. But now, a new paper that mounts a direct assault on the theory of anthropogenic global warming has emerged. The most controversial aspect of this new work is that its methodology comes, not from climate science or a related field, but from econometrics.

    Click source to read FULL report by Doug L. Hoffman

    Source: theresilientearth.com

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  • Tata Nano: Mais um veículo se incendeia na Índia


    A questão de segurança na produção de um veículo é muito importante, mas parece que algumas montadoras não parecem levar essa questão muito a sério, seja por descuido ou por que não, por negligência mesmo? A foto acima mostra que o carro mais barato do mundo, o Tata Nano continua a causar medo em seus clientes com incêndios inesperados, o que já não é um caso isolado no histórico desse modelo.

    A história dessa foto que está circulando a internet recentemente é a seguinte: Enquanto o motorista da Tata conduzia o veículo do comprador para a sua casa, um motociclista que estava atrás reparou a fumaça saindo da parte traseira do carro. Após avisar o motorista, ele desocupou o carro, a tempo de não ser pego pelas chamas que tomaram conta do veículo em poucos segundos.

    Uma das razões do incêndio acontecer no Nano é o fato do motor ser traseiro, que precisa de uma boa refrigeração e pode ser que a fabricante não tenha tido muito sucesso nesse ponto, pois outros incêndios repentinos do carro estão acontecendo.

    Via | Blogauto


  • ‘Climategate’ inquiry led by oil boss by Louise Gray, Environment Correspondent, The Telegraph

    Article Tags: ClimateGate

    A former oil boss will lead the latest inquiry into the ‘climategate’ scandal over the science of man made global warming.

    Lord Oxburgh, former non-executive chairman of Shell, will head up a team of leading scientists looking at claims fossil fuels cause global temperatures to rise.

    Other controversial names on the panel include Prof Kerry Emanuel, professor of meteorology at the Massachusetts Institute of Technology where the infamous “hockey stick” graph was first created. He is best known for a paper that suggested hurricanes are getting fiercer with global warming, immediately causing sceptics on the internet to start questioning the appointment.

    The new inquiry will look into the mountains of research by the University of East Anglia’s Climatic Research Unit (CRU).

    The university is the leading institution for climate change research and has influenced government policy around the world.

    Source: telegraph.co.uk

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  • Panoz to unveil new Abruzzi sportscar at Le Mans

    Filed under: , , ,

    Panoz fans, take heart. We know it’s been a while since the American sports and racing car manufacturer had anything new for us, but the dry spell is about to end.

    This directly from the lion’s mouth, and the lion, in this case, is one Don Panoz. The motorsport and pharmaceutical mogul announced his plans at this past weekend’s 12 Hours of Sebring that the sportscar-maker founded by his son Danny and which bears the family name will unveil the new Abruzzi model to the public at the 24 Hours of Le Mans this coming June.

    Little is known at this point regarding what form the Abruzzi will take. Previous reports indicated that initial plans for a dedicated prototype racer were scrapped in favor of a series production sportscar, which would in turn breed a GT2 competition version. Otherwise your guess is as good as ours.

    The sketch above was reportedly released by a former Panoz designer, and bears a striking resemblance to the Esperante, which the Abruzzi will either replace or join in the company’s line-up. The name, meanwhile, is taken from a region in southern/central Italy that was recently ravaged by natural disaster. Hopefully the Abruzzi will bring better fortunes to Panoz. We’ll be watching to find out.

    [Source: PanozLife]

    Panoz to unveil new Abruzzi sportscar at Le Mans originally appeared on Autoblog on Tue, 23 Mar 2010 15:58:00 EST. Please see our terms for use of feeds.

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  • Ξεκίνησε πάλι το εργοστάσιο της Saab

    Μια καινούργια σελίδα για την ιστορία της Saab άνοιξε σήμερα. Το εργοστάσιο του Trollhättan στην Σουηδία ξεκίνησε πάλι την λειτουργία του μετά την αναγκαστική διακοπή 7 εβδομάδων έτσι ώστε να γίνουν όλες οι απαραίτητες ενέργειες για την μετάβαση στο νέο ιδιοκτησιακό καθεστώς αφού η Spyker έσωσε στο παρά πέντε την Σουηδική φίρμα.

    Το πρώτο μοντέλο που παράχθηκε ήταν το νέο Saab 9-5 saloon ενώ παραβρέθηκαν εκεί ο διευθύνων σύμβουλος της Spyker Cars, Victor Muller, ο πρόεδρος της Saab, Jan Ake Jonsson και ο διευθυντής του εργοστασίου του Trollhättan, Gunnar Brunius. Το 9-5 που παράχθηκε θα είναι μέρος των αυτοκινήτων που θα κάνουν test drive προτού το αυτοκίνητο θα ξεκινήσει την εμπορική του καριέρα αργότερα μέσα στο 2010.

    Στο ίδιο εργοστάσιο εκτός της Saloon έκδοσης του 9-5 θα κατασκευαστούν ακόμη 4 μοντέλα της Saab με το νέο 9-5 SportWagon να προστίθεται στην λίστα στις αρχές του επόμενου έτους. Φωτογραφίες και δελτίο τύπου στη συνέχεια.

    Διαβάστε Περισσότερα »

  • Look How Fast China’s Workforce Is Going To Turn Gray

    China’s demographic challenges are well known and largely self-imposed (the one-child policy, the anti-girl policy) and it remains something of a mystery how these will play out and affect the country’s economic future.

    Here’s some perspective on the issue rom Waverly Advisors, looking at workforce composition:

    In the wake of Lunar new year, local Chinese media outlets have been full of discussions of labor shortages as migrants failed to return after their annual visit home.  According to anecdotal accounts   migrants have been choosing to remain closer to home as more competitive employment opportunities created by the stimulus surge become available in central and western .  The worker deficit has been reported  at two million in the Pearl River Delta region and almost a shortfall of almost a million in Wenzhou.   The Guangzhou daily reported Thursday  that the provincial government there had increased the  minimum wage by 20% in response to rising competition for migrant labor, with base wage levels there now surpassing those in Beijing.  In the near term, wage inflation may start to be a symptom of overinvestment last year just as commodity inflation is.

    In the long term this short term labor tightness, though caused by regional industrial dynamics, serves as a reminder that China faces a declining working age population in the decades ahead as the impact of the one child policy.  The one child rule helped fuel the rapid growth of the past three decades of growth as workers outnumbered dependents but now, with that cycle currently peaking,  the  total real labor force is expected to contract by more than 20% by 2050.

     For China a declining work force raises critical issues.  As the current work force ages the impact on consumer demand will be significant given the dreadful state of social benefits for pensioners that has encouraged high savings rates.  This underscores the need for Beijing to make good on its pledge to increase social welfare programs as pledged during the National People’s Congress earlier this month.  

    china workforc

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  • Tim Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!

    Ron Paul questioned Treasury Secretary Tim Geithner today on the Federal Reserve’s price fixing activities and the moral hazard generated by a “lender of last resort” that, in cooperation with the government, picks up the pieces and bails out insolvent banks and companies.

    Geithner agreed that we need to deal with the problem of moral hazard, which is caused by private shareholders being able to count on government subsidies and taxpayer bailouts. But being a former NY Fed President (2003-2008), he stopped short of acknowledging the Federal Reserve’s causative role in the economic crisis.

    Location: House Financial Services Committee
    Date: 03/23/2010

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  • EU Negotiators Insist That ACTA Will Move Forward And There’s Nothing To Worry About

    With the EU Parliament overwhelmingly voting against ACTA, you might wonder how the EU negotiators would react. Apparently, the answer is by brushing it off and going right back to negotiations. The EU’s main negotiator, Luc Devigne, was involved in an event where he defended himself and ACTA saying that all of the complaints are misrepresenting what’s in the agreement, and insisting that the EU has “nothing to hide.” Um, is that why the documents are all top secret? He says that he’ll request the release of the documents, but we’ve been hearing that for a while now — and the recent (leaked, of course) agenda for the next meeting in New Zealand shows just a tiny bit of time devoted to discussing transparency. Furthermore, it appears that, like the US negotiators on this topic, Devigne was being disingenuous with his statements — and that’s giving him the benefit of the doubt that he wasn’t being outright dishonest.

    The talking points from ACTA negotiators seem clear. When accused of being secretive, deny it and insist that you’re being open. If really pushed on the matter, blame mysterious, nameless “others” for keeping the documents secret. Then, when specific items in the text are brought up, insist that these are being misrepresented, and if only you could see the real text (which you can’t, because it’s a secret) you’d know that it was all blown out of proportion. Then, finally, insist that ACTA won’t change any laws. Of course, if that were the case, there would be no need for ACTA at all. The negotiators insist that it’s all about “enforcement,” but that’s (again) being disingenuous. Many of the items in the drafts are created in a way that would lock countries in to certain paths. While they might not definitively prescribe things like “three strikes,” the draft makes it clear that three strikes is the only real option to avoid liability. Even for countries that won’t have to change their laws, these rules will prevent them from fixing the many problems found in today’s copyright laws. Also, what’s amusing is we’ve now heard from the US, Canada and the EU insisting that ACTA won’t change their laws. But the US insisted ACTA was needed to force other countries to change their laws. Which countries? The US negotiators have suggested Canada, but Canada has said it won’t change its laws for ACTA. So what’s the point?

    This whole thing is incredibly sneaky. Despite disapproval of many politicians, negotiators seem willing to just keep moving forward with this, and covering themselves by insisting that it won’t actually change laws. That way they don’t even need approval from politicians. But… when those politicians actually try to reform or fix broken copyright laws, you can bet that those who supported ACTA will be the first to stand up screaming that they can’t make those changes because they’ll “violate international agreements!” even though those agreements were put in place in secrecy in a back room, written by industry lobbyists and designed solely to limit how countries could fix their copyright laws.

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  • Check Out Moore Capital’s Top Ten Holdings

    Louis Bacon Moore

    We think it’s unlikely that investors will end up redeeming their cash from Moore Capital after today’s insider trading arrest.

    Based on first blush, this doesn’t look to be Raj, so there won’t be great opportunities for shorts to play the liquidation.

    Still this gives us a good chance to examine Louis Bacon’s investing profile.

    Here are the fund’s last reported top-10 holdings, according to Stockpickr. Notice they’re super-heavy on financials.

    They are:

    • Bank of America (BAC, 29.31% of portfolio)
    • Standard and Poors (SPY, 5.48% of portfolio)
    • Mastercard (MA, 5.05% of portfolio)
    • IShares Trust (EEM, 4.79% of portfolio)
    • CME Group (CME, 3.95% of portfolio)
    • Assured Guarantee (AGO, 3.84% of portfolio)
    • Max Capital Group (MXGL, 2.95% of portfolio)
    • Banco Santander (BSDR, 2.61% of portfolio)
    • Citigroup (C)
    • Wells Fargo (WFC)

    Moore Cap has just said that no client funds were involved in the possibly illegal trades, so again the possibility of a liquidation is unlikely.

    Join the conversation about this story »

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  • Nissan in talks with Daimler to share engines, EVs and batteries

    According to a report by Japan’s Nikkei business daily, Nissan Motor Co. is in talks with Daimler AG to get larger engines from the German automaker. In return, Nissan may supply Daimler with electric-cars and batteries.

    The paper said that Nissan’s French partner, Renault, is already in a partnership talk with Daimler and the discussions will lead to a three-way negotiation.

    Spokesman for both companies decline to comment on the report.

    Nikkei said that CEO Carlos Ghosn will released details on the partnership talks with Daimler in the coming weeks. The group will then fully jump into negotiations.

    – By: Omar Rana

    Source: Automotive News (Subscription Required)


  • Dow Closes Up Triple Digits, 11,000 In Sight

    An unshortable market begins to take form as the Dow continues to climb and climb.

    Dow: Up 102 points to 10,888.

    NASDAQ: Up 20 points to 2415.

    S&P 500: Up 8 points to 1174.

    Commodities: On the upside. Crude oil closed at $81.89 a barrel, up $0.29.

    Gold is at $1104.90 an ounce, up $5.40 and silver is up $0.10 to $17.03 an ounce.

    GF FINAL March 23rd

    Join the conversation about this story »

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  • Ferrari 458 Itália será personagem principal em Transformers 3

    Imagens da Ferrari 458 Itália

    Depois do sucesso de Transformers 2 o terceiro filme da série já está em produção, com lançamento previsto para 2011. E mesmo sem maiores informações, sabemos que um integrante do elenco será ninguém menos do que a Ferrari 458 Itália, segundo o diretor Michael Bay.

    Além da participação automobilística desse supercarro, também é confirmada a participação de Megan Fox e toda a sua beleza. Realmente carros e mulheres bonitas sempre combinam né? Confiram algumas imagens da 458 Itália a seguir.

    Imagens da Ferrari 458 Itália
    Imagens da Ferrari 458 ItáliaImagens da Ferrari 458 ItáliaImagens da Ferrari 458 ItáliaImagens da Ferrari 458 Itália

    Via | Autoblog.it


  • STIAVELLI INSPECTION SYSTEMS

    STIAVELLI, Pavan Group Packaging Division, offers several systems and equipments suitable to check the quality of the bags produced.
    The special MCR/STRIPPING sealing jaws assembly for Stiavelli horizontal packers for long goods is at present the best solution available on the market to the growing problem related to the production of bags with pasta scraps in the horizontal seals.
    One of the unequalled features of these jaws which are controlled by an independent brushless motor is the possibility to work in two different conditions: MCR traditional operation and new STRIPPING action which cleans the seal area just before sealing thus remarkably reducing the production of bags with scraps. The shift to either operation is mechanic.
    The max. percentage of bags with scraps with STRIPPING operation jaws is max. 1% (this data applies to 500-gram bags of dried spaghetti diam.1,7 mm).
    Stiavelli visual sensors equipped with dedicated telecameras detect the bags with scraps in the horizontal seals thus enabling the production of good seal bags while similar systems checks the presence and correctness of the printing (bar code, batch number, production/expiry dates, etc.) made by a printer.
    The metal detectors find any metallic piece casually fallen inside the pack. They can be supplied stand-alone or built-in together with the check-weighers that make sure the weight of the bags accepted is within the prearranged tolerance limits.
    The wrong packs detected by the above mentioned equipments are rejected by means of different devices (pneumatic cylinder, air blow, rollers) depending on the type of pack.

  • vertical cartoner

    Shoulder Box Packer BoxTeq C-Ka

    Vertical cartoner für 1 or 2 layer loading into shoulder boxes made of corrugated, plastic or metal sheet. Up to 60 packages / minute
    Rotating vertical cartoner for filling shoulder boxes made of carton,
    tin or plastic. The machine enables filling in two layers and the use of bobbin paper between the layers

    Example of use:
    Cigarillos
    Chalk etc.

  • Think Big

    ERMAKSAN is one of the fastest growing companies in the rapidly changing market of Sheet Metal Working. Machinery with 40 years of experience and a solid dedication to manufacture only the best press brakes and shears in Turkey, which are now becoming one of the world’s leaders in this field of work.

    We are delighted to present you with our brand that is “ERMAK”. This brand is known around the world for our fidelity and excellent production output. We offer you a brand that is not only a synonym for world’s leading technology, it is also a definition of tradition and product excellence which is known well on markets worldwide for several decades now.

    We at ERMAKSAN, will continue to enhance our products, we will develop new ones which will bring even more satisfaction to our customers. This will improve our dealers’ already great success and it shall set a solid example for the Machine Tool Industry.

    By investing in ERMAKSAN and ERMAK machines you will gain what only some can wish for. You will become a member of the ERMAKSAN family which will guarantee you excellent post sale support, customer training, innovative research and excellent technical expertise. You will belong to a prestigious and vigorous team which only strives for excellence, where innovations are marked only with the stamp of quality.

    We are confident that we will always meet even the highest of your expectations.