Sep. 24th, 2013

birdwatcher: (Mr. Twister)
DETROIT — Chrysler filed for a public stock offering on Monday, acting only under pressure from its second-largest shareholder, a trust set up to provide medical coverage for 115,000 retired autoworkers and their relatives.
Matt Levine: Fiat, which owns the other 58.5 percent, wants to buy the trust's shares and not go public. The trust thinks Fiat's price is too low and is trying to get a higher valuation by selling some shares publicly. The game theory here for potential investors is fascinating -- if you buy Chrysler shares, you're just a plaything in Fiat's game with the trust -- but then there is also the fact that Chrysler's chief executive officer is Sergio Marchionne, who is also Fiat's CEO. As Chrysler's CEO he is tasked with leading a successful IPO. As Fiat's CEO he is tasked with buying Chrysler at the lowest possible price.
birdwatcher: (Leif Gram: Mr. Fix)
The Atlantic -- Teenagers with their hearts set on science should major in science. But everyone -- particularly marginal students with debt -- should know the data.
birdwatcher: (Default)
Снова перегорела правая передняя конфорка. На этот раз подольше продержалась, семь лет. Какая все-таки удивительная бесполезная дрянь эти электрические плиты.

Слои

Sep. 24th, 2013 11:54 am
birdwatcher: (Dore: Ogre)
Одно из двух достижений западной цивилизации, которые мы видели летом (второе - музей Ватикана, о котором у меня пока не хватает духу написать пост).



Караул из военнослужащих в костюмах храбрых оловянных солдатиков (плюс автоматы) охраняет королевский дворец в Копенгагене. Этот караул охраняет от толпы туристов другой караул, состоящий из ментов, одетых в костюмы ментов.
birdwatcher: (Dore: Ogre)
The End of Overkill? Reassessing U.S. Nuclear Weapons Policy.

US security does not require nearly 1,600 nuclear weapons deployed on a triad of systems—bombers, land-based intercontinental ballistic missiles (ICBMs), and submarine-launched ballistic missiles (SLBMs)—to deliver them.

Keeping the Soviet army out of Western Europe was never that hard; it did not require the ability to disarm their nuclear deterrent.