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Friday, February 27, 2009

Ryanair and common sense...

According to new reports the CEO of Ryanair (a bunch of really fuckin’ cheap flying dingdongs who call themselves an airline…) one Michael O’Leary announced that his flying dingdongs might start charging US $1.40 to use the lavatories on their planes. (They already charge extra for everything else...)

To that I’ll say – bad, half-baked idea. Dispose of the lavatories altogether and squeeze about 20 paying hot bodies in that space then make more money on inflatable chamber pots rental: say, $2 for number 1 and $5 for number 2. Inflatable chamber pots take up hardly any space while deflated and can double as floating devices (cost: US $100.00 billed to your credit card whether you survive the water landing or not.)

Down...

Markets at close:
S.&P. 500 closed at 735.09 (17.74, 2.36% down)
Dow (DJIA) closed at 7,062.93 (119.15, 1.66% down)
Nasdaq closed at 1,377.84 (13.63, 0.98% down)

36 percent of Citigroup will be soon owned by the federal government (up from the current 8 percent.) 

Thursday, February 26, 2009

Down...

Markets  at close:
S.&P. 500 closed at 752.83 (12.07, 1.58% down)
Dow (DJIA) closed at 7,182.08 (88.81, 1.22% down)
Nasdaq closed at 1,391.47 (33.96, 2.38% down)

Mr. Obama:  “there are times when you can afford to redecorate your house and there are times when you have to focus on rebuilding its foundation.”  

Wednesday, February 25, 2009

Down...

Markets at close :
S.&P. 500 closed at 764.90 (8.24, 1.07% down)
Dow (DJIA) closed at 7,270.89 (80.05, 1.09% down)
Nasdaq closed at 1,425.43 (16.40, 1.14% down)

Apparently the government will not seek nationalization of major banks but could end up owning larger stakes instead. The chairman of Federal Reserve Ben S. Bernanke defined nationalization as “when the government seizes the bank, zeros out the shareholders and begins to manage and run the bank" then added that "we don’t plan anything like that.” Oh well...

Bipartisanship as practiced in Washington, D.C.



Photo © 2009 Michael Liczbanski

Tuesday, February 24, 2009

Up...

Markets at close:
S.&P. 500 closed at 773.14 (29.81, 4.01% up)
Dow (DJIA) closed at 7,350.94 (236.16, 3.32% up)
Nasdaq closed at 1,441.83 (54.11, 3.90% up)

Apparently the feds are not going to nationalize major banks so up we go. But Mr. Obama has a major speaking engagement tonight so we'll see...

Monday, February 23, 2009

Marrrrrrrrrrrrrrrrrrrrrrrrkets...

S.&P. 500 closed at 743.33 (26.72, 3.47% down)
Dow (DJIA) closed at 7,114.78  (250.89, 3.41% down)
Nasdaq closed at 1,387.72 (53.51, 3.71% down)

A 11 year low close for DOW today: a resounding vote of confidence to the "rescue package"...

Friday, February 20, 2009

Scam via spam

I’ve been receiving many emails like the one below (some – or most – mercifully filtered out by my ISP) collectively known as “Nigerian scams” and always wanted to post one but would shrugg it off and hit the Delete key instead. What prompted me to post it now is a recent arrest in LA of a Nigerian chap named Paul Gabriel Amos, (37 years old, according to the story in the today’s New York Times "Novel Twist in Old Swindle Ends in Arrest ") who almost managed to swindle Citibank out of 27 million dollars by posing as an Ethiopian banking official. Wow!

Internet spammers and scammers not only steal valuable bandwidth (and drastically affect the cost everyone pays for the use if the ‘net) but also erode trust in the entire medium. And this is precisely why there should be death penalty for wholesale spammers and scammers. You know, using the Wild West analogy: very few horses to steal - lots of folks to hang…

Enjoy the Nigerian (?) prose!


From: Federal Bureau Of Investigation ekezieb@yahoo.com
Subj: GET BACK TO US IMMEDIATELY
Reply-To: fb1.securitywatch002@gmail.com
To: (unknown)

Date: 2/16/2009 2:08:03 PM

Anti-Terrorist and Monetary Crimes Division Fbi Headquarters In Washington, D.C. Federal Bureau Of Investigation J. Edgar Hoover Building 935 Pennsylvania Avenue, NW Washington, D.C. 20535-0001
Date: 16/2/2009

ATTENTION FUND BENEFICIARY, This is an official advice from the fbi foreign Remittance / telegraphic dept.,it has come to our notice that the C.B.N Bank Nigeria district has released 3,500,000.00 US dollars into bank of America in your name as the beneficiary, by inheritance means. The C.B.N Bank Nigeria knowing fully well that they do not have Enough facilities to effect this payment from the united kingdom to your account, used what we know as a secret diplomatic transit payment (s.t.d.p) to pay this fund through wire transfer, they used this means to complete the payment. They are still, waiting for confirmation from you on the already Transferred funds which were made in direct transfer so that they can do final crediting to your account. Secret diplomatic payments are not made unless the funds are related to terrorist activities why must your payment be made in secret transfer, if your transaction is legitimate, if you are not a terrorist, then why did you not receive the money directly into your account; this is a pure coded, means of payment? Records which we have had with this method of payment in the past Has always been related to terrorist acts, we do not want you to get into trouble as soon as these funds reflect in your account in the U.S.A, so it is our duty as a world wide commission to correct this little problem before this fund will be credited into your personal account. Due to the increased difficulty and unnecessary security by the American authorities when funds come from outside of Europe, and the Middle East, the f.b.i bank commission for Europe has stopped the transfer on its way to deliver payment of $3,500,000.00 to debit your reserve account and pay you through a secured diplomatic transit account (s.d.t.a). We govern and oversee funds transfer for the World Bank and the rest of the world. We advice you contact us immediately, as the funds have been Stopped and are being held in our custody, until you can be able to provide us with a diplomatic immunity seal of transfer (dist) within 3 days from the world local bank that authorize the transfer from where the funds was transferred from to certify that the funds that you are about to receive from Nigeria are antiterrorist/drug free or we shall have cause to cross and impound the Payment, we shall release the funds immediately we receive this legal documents.
------------------------------------------------------------------------------------------------We have decided to contact you directly to acquire the proper Verifications and proof from you to show that you are the rightful person to receive this fund,because of the amount involve, we want to make sure is a clean and legal money you are about to receive. Be informed that the fund are now in United State in your name, but right now we have ask the bank not to release the fund to anybody that comes to them, unless we ask them to do so, because we have to carry out our investigations first before releasing the fund to you. Note that the fund is in the BANK OF AMERICA right now, but we have ask them not to credit the fund to you yet, because we need a solid proof and Verifications from you before releasing the funds. So to this regards you are to re-assure and proof to us that what you are about to receive is a clean money by sending to us FBI Identification Record and also Diplomatic Immunity Seal Of Transfer(DIST) to satisfy to us that the money your about to receive is legitimate and real money. You are to forward the documents to us immediately if you have it in your possession, if you don't have it let us know so that we will direct and inform you where to obtain the document and send to us so that we will ask the bank holding the funds, the Bank Of America to go ahead Crediting your account immediately. These Documents are to be issued to you from the World Local Bank that Authorized the transfer, so get back to us immediately if you don't have the document so that we will inform you the particular place to obtain the document in United Kingdom (U.K), because we have come to realize that the fund was Authorized by (H.S.B.C) Bank in London. An FBI Identification Record and Diplomatic Immunity Seal Of Transfer (DIST) often referred to as a Criminal History Record or Rap Sheet, is a listing of certain information taken from fingerprint submissions retained by the FBI in connection with arrests and, in some instances, federal employment, naturalization, or military service. These Condition Is Valid until 15th of March. 2009 after we shall take actions on Canceling the payment and then charge you for illegally moving funds out of Nigeria. Guarantee: funds will be released on confirmation of the document.
-------------------------------------------------------------------------------------------------


Final Instruction;
1. Credit payment instruction: irrevocable credit guarantee.
2. Beneficiary has full power when validation is cleared.
3. Beneficiaries bank in U.S.A., can only release funds.
4. Upon confirmation from the world bank / united nations.
5. Bearers must clear bank protocol and validation request.
------------------------------------------------------------------------------------------------

FBI Director Robert Mueller, III

Market, markets...

Europe
Britain FTSE 100 closed at 3,889.06 (3.22% down)
Germany DAX closed at 4,014.66 (4.76% down)
France CAC 40 closed at 2,750.55 (4.25% down)


US Markets
S.&P. 500 closed at 770.05 (8.89, 1.14% down)
Dow (DJIA) closed at 7,365.67 (100.28, 1.34% down)
Nasdaq closed at 1,441.23 (1.59, 0.11% down)

Thursday, February 19, 2009

Lower and lower we go...

Markets at close:
S.&P. 500 closed at 778.94 (9.48, 1.20% down)
Dow (DJIA) closed at 7,465.95 (89.68, 1.19% down)
Nasdaq closed at 1,442.82 (25.15, 1.71% down.)

The Dow is at its lowest since October 2002.

Tuesday, February 17, 2009

Markets today

S.&P. 500 closed at 789.17 (37.67, 4.56% down)
Dow (DJIA) closed at 7,552.60 (297.81, 3.79% down)
Nasdaq closed at 1,470.66 (63.70, 4.15% down)

Crude oil below $36/barrel yet the pump prices keep climbing...