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Posts archive for: September, 2008
  • Something to contemplate if you are having a bad day at work

    BERLIN, Sept 17 (Reuters) - Germany's Finance Ministry said it is astonished that state lender KfW transferred 300 million euros ($426 million) to Lehman Brothers (LEH.P: Quote, Profile, Research, Stock Buzz) on the day the U.S. bank filed for bankruptcy protection.

    "What we have had to read today is astonishing and exasperating," Finance Ministry spokesman Torsten Albig said on Wednesday when asked about reports of the transfer.

    "We expect a swift explanation of such a technical failure, which is inexplicable to us, but which will hopefully be explained soon," he said at regular government news conference. KfW said on Tuesday it mistakenly transferred the funds to Lehman on the day the investment bank filed for bankruptcy. The Frankfurter Allgemeine Zeitung newspaper reported that the payment was due to an erroneous swap payment.

    A swap is a derivative in which two counterparties agree to exchange one stream of cash flows against another.

    KfW has already taken a hit from liquidity lines given to business lender IKB (IKBG.DE: Quote, Profile, Research, Stock Buzz), the country's biggest casualty of the subprime crisis. (Reporting by Paul Carrel and Erik Kirschbaum; Editing by Quentin Bryar)

  • Rumination on the financial crisis

    Sun deep upon the clogs.
    A rabbit chills in the morning air.
    Boastful falcons swoop
    and Cliff Richard awakes.

    By the Power of Greyskull!

    I have the power
    to pick up a flower,
    in an hour, today

  • LL Cool J's Time Clock

    LL Cool J time clock

  • A record of a conversation that I did not have with the Italian foreign minister.

    Hektor Hamulec (HH): Foreign Minister. Welcome. Thank you for joining us today.
    Foreign Minister of Italy (FM): Thank you, Hektor. I appreciate your invitation.
    HH: Tea?
    FM: Yes please.
    HH: I have taken the liberty to offer you a scone.
    FM: Thank you.
    HH: Sugar?
    FM: Just one. I'm on a diet.
    HH: Well I see no need, Foreign Minister.
    FM: You are too kind.
    [The tape records the pouring of tea and the Foreign Minister of Italy biting into his scone.]
    HH: It is most fortuitous you are here with us today. My listeners are keen to hear your views.
    FM: I am happy to be here. It is an honour. Really, it is.
    HH: Given the conflict in recent weeks, how can you condone the Italian position vis-à-vis penguin atomic tension in the South Atlantic?
    FM: We are committed to pursing musical enlightenment within the free limits of marked poems tied in cheese.
    HH: I see. So how will this help the marzipan setting of the four spoon seals of Long?
    FM: We have spoken to the UN about the creation of magic spokes within which the seals can operate.
    HH: But, Foreign Minister, the apparent contradiction of your government's position is clear when we examine the position of the albino side parsnip, is it not?
    FM: No. No. No, not at all, we have been clear about the side parsnip and, indeed, the albino side parsnip. Both are part of our plans in the next march falcon.
    HH: How so? You are committed, are you not, to pursuing sing time bowling within the framework of the Wednesday Agreement?
    FM: How dare you! You foxglove. You pair of shoes! I am leaving. Don't dare come and visit my pumpkins. You stupid Dalmatian.
    HH: Foreign Minister, thank you. The snuffling badgers will eat peas in the kind sponge of an atmospheric copper.

  • 9/11

    I seem to post the same poem each year.

    Photograph from September 11
    by Wislawa Szymborska

    They jumped from the burning floors—
    one, two, a few more,
    higher, lower.

    The photograph halted them in life,
    and now keeps them
    above the earth toward the earth.

    Each is still complete,
    with a particular face
    and blood well hidden.

    There’s enough time
    for hair to come loose,
    for keys and coins
    to fall from pockets.

    They’re still within the air’s reach,
    within the compass of places
    that have just now opened.

    I can do only two things for them—
    describe this flight
    and not add a last line.

    —Wislawa Szymborska,
    translated by Clare Cavanagh and Stanislaw Baranczk

    Wislawa Szymborska, "Photograph from September 11" from Monologue of a Dog. Copyright © 2005 by Wislawa Szymborska.

  • A brief time in history

    They stood.
    Taking time to register the results,
    of particles colliding,
    creating microscopic elementary dust.

    They too stood.
    Taking time to fix a position,
    sure that the mortar
    would fire into the right part of town.

    Then two stood.
    As time, ripped apart, transported,
    back to a position
    three seconds after the first collision.

    Then two stood.
    As time, future and past, observed,
    the other from a distance
    each in one way forever disturbed.

    They too stood.
    Careful not to repeat the procedure,
    that saw the hospital transformed
    into a careless car park full of corpses.

    They stood.
    Observing themselves, registering results,
    of particles colliding,
    creating microscopic elementary dust.

  • Spider up and gambol

    THE BEGINNING

     [Our Hero, Norton Parkway, arrives home but decides not to return to his normal life.  Fleeing his imaginary foes, he hires a car and heads for the Lakes] 

    IN THE END, all that I wanted was to be happy.  Happiness became a fixation.  If I was not happy, I would move on to the next thing that I thought would make me happy.  First, I quit my school, then I changed college twice, jobs, well, I have had a few and now this: my life inside a career that robbed me of youth and ate away at my soul.

     

    As I woke again from dreams setting me against imagined foes, I scraped at the black stubble that had formed during the night and shook my head, hurting from too much vodka from the night before.  I was in a place where I felt that I could neither turn away from nor go any further.

     

    So, I called you and you told me to come home.

     

    -------------------

     

    My first night away was tough.  I slept for only three hours and must have torn a dozen sheets from the pad that I had bought in the central station with a view to writing you the reasons for my going.  The pencil was yellow, HB, and made writing uncomfortable as it scratched across the paper. 

     Dear [●], I cannot forget the ways that you have made me happy. My Darling [●], when we met my heart sang 

    My various ill conditioned thoughts continued through to pleas for forgiveness and requests that you understand what I had done.  But you cannot.  Nor, do I expect that you will ever understand.

     

    It was enough that we looked lovingly into each others' eyes as I left the car that day, it was enough that we spoke on the telephone during my absence, it was enough that I told you I had landed and that I saw you waiting for me at the airport on that rainy Sunday afternoon.  I could not return.  I felt that I was drawn towards a different path.

     

    -------------------

     

    At the airport, I hired a car and drove the 700 miles to the place called "Bendy Leg" and stayed in a pension known as "Under the Jews".  The landlady, Mrs Dorothy Thin, welcomed me into her home, gave me a kitten to look after and put me in the "executive suit".  The room was big enough, but when inside it, you were unable to stand.  The ceiling was 1 metre in height.  The hammock that hung between the rafters touched the floor when under strain.  I could not imagine what I would do with the elephant in the corner which doubled as a wardrobe or the 40 watt bulb, which Mrs Thin had given me as a present (the pension had no electricity). 

     

    Sister Caroline, the Carmelite Nun who spent most of her time sauntering around the kitchen humming Slayer's "Angel of Death", saw me on my first night there and suggested that we go for a walk.  I was happy with such an approach as my legs had become lazy with much sitting and I was keen to stretch them like a cat.  We strolled toward the river, Sister Caroline regaling me with stories of her musical proclivities and Mother Superior's take on them.

     

    As we wandered, I caught the site of a group of travelling Otters.  One, a spats wearing fellow, with lush whiskers and a trilby placed jauntily on its head, broke into song as the bass playing Voles hit home, in what seemed like eight-four or six-time, elf-time.  Whatever, it was wonderful.

     

    "Jive my monkey.

    Live for the Lucy.

    Spider up and gambol,

    You the lamb, the crown green cymbal.

    Yip the yow.  The fourgrain old style?"

     

    And with a "JAWOOOOOOOL", the set was over. 

     

    I strode over to this feral frolic machine.  "I am Norton Parkway, and I am going to make you a star."

    "I am, yea verily, a star already you cuckoo clock, you pango.  You full jar of jam.  I will have no more of this, you bowling ball."

    I left, a flea in my ears but knowing that I would be back to hear more and to pursue this further.  This Otter had spirit, a spirit that was all full time, swing time, moon chime, oatmeal, syncopated, JAZZ.

     

    -------------------

  • Lemon Tree

    dla Ewy.

  • Carved pictures tell me stories

    Carved pictures Noel

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