Wednesday, October 1, 2008

Racquel Darrian Shows

Absolutely pornographic

They are absolutely pornographic salaries and bonuses that these guys, the managers of financial firms to charge us marvel at his extraordinary acts of management.

was based on the decisions of these highly paid managers who have built these great and gleaming financial giants based on very shaky ground and with the results that we all have to be seen.
admit that I was never a great understanding of economics, and I never understood some of the financial products they could not see where it would exit the revenue needed to sustain them. Always seemed to me that the model was based on speculation and continues that at some point it would be untenable, which seems to be happening.
Moreover, I believe that the financial model of scholarship, which I understand to be based on a requirement of continuous growth results of listed companies at some point reach a similar situation as the market is not infinite.

Already at the time of the Internet bubble, I could not understand some business model that relied on asking millions to investors without providing any revenue source and its only indicator the number of hits from visitors. There were millions in expenses and revenues did not exist and I did not understand how these projects were financed. Anyway ....

I believe that after all, I do not understand these complex business models, will not be a problem derived from my intellectual incapacity and unpreparedness specifies, but the fact that these models are authentic bulls, where a lot of "experts" can make a huge number of people believe that these models work and what they will bring progress.

What I would like to share with all of this article, published by Carlos Rosado Carvalho, Journalist, on 1 October 2008 in the Economic Daily. ____


Executive pay

In the five years preceding the crisis, administrators the five largest U.S. investment banks received 3100 million dollars.

The crisis in financial markets has put the matter again with the salaries of top managers of today. According to news agency Bloomberg, the five-year period 2003-2007, the administrators of the five largest U.S. investment banks - Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers and Bear Stearns - have received 3100 million dollars. This amount represents only 3% of the profits of the five in the period, but we must not forget that some of these results were based on sand castles.
Stanley O'Neal, chairman and CEO of Merrill Lynch through October 2007 leads the list with $ 172 million in the five years between salaries, bonuses, shares and options to purchase shares. To this are that total approximately 160 million dollars, according to calculations by The New York Times, the executive would receive as compensation and retirement plans.
"We would like to thank Stan leading the transformation of Merrill Lynch in a global and diversified company with enormous potential ahead," said Alberto Cabriori, newly appointed 'chairman' of the interim bank.
Compliments of circumstance at the time of farewell are normal in any organization. But as is now proved - on September 15 last Merrill had to be bought by Bank of America to avoid bankruptcy - Cabriori exaggerated. At least it was unwise.
is that O'Neal left Merrill with quarterly losses of 2300 million dollar and depreciation of assets of 8,400 million dollars, part of which have been related to mortgage crisis that came to the attention of the public only in summer 2007 but that certainly was no secret to top bankers. The recklessness of

Cabriori can only be justified in light of power relations within some companies that groups of managers function as a kind of clan, protecting each other. It is perhaps no coincidence that Cabriori was the first administrator to put O'Neal on his team when he ascended to the leadership of Merrill in 2002.
In the capitalist system, the power companies begin to belong to one person: the founder. As a capitalist and manager only has to give satisfaction to himself.
With the demise of the founder and the dispersion of capital stock, the power falls into the hands of professional managers. In some, the president of the company becomes the king in a court composed of his fellow directors and other senior company paid princely as if they were geniuses. According to Bloomberg, in 2007, when the crisis has made itself felt, on average, each employee of the five largest U.S. investment banks, received $ 353,000, of which 211,000 related to premiums.

No comment.


Carlos Rosado Carvalho, Journalist
Published 1 October 2008 in the Economic Daily
Original article in http://diarioeconomico.sapo.pt/edicion/diarioeconomico/opinion/columnistas/pt/desarrollo/1170721. html
____

Maybe it's time for these "managers" to be held accountable for their actions, and for lack of better alternatives, I propose to be lynched in public, like impaled for 10 hours by a character style Rocco Sifredi, or even better by a Long Dong Silver, but with the "instrument" folded. This would be televised live worldwide, with 24 cameras, and repeat every 24 hours over three years.

I think they deserve a lot because to make matters worse none of them is my relative or friend and I could not enjoy these riches that led to them and their friends.

Monday, September 15, 2008

Inositol Ocd How It Works

Technology Plan - Getting the house through the roof

The self-titled "Engineer" walks very aterafado to inaugurate the "School 2.0" and shouting to the seven winds which have the best equipped schools in the world thanks to its Technology Plan. Imagine that was until this week to inaugurate the Port schools (schools open for decades, some almost centenary, but still were opened).
As noted that the elections are close by.

is a pity that only the pseudo-engineer should with his presence for the openings (and pseudo-openings) and always miss the funerals of dozens of schools that are closing by the parents.
Also it must be remembered that at the moment, we are talking about the inauguration of a half dozen schools that must represent less than 0.05% of Portuguese schools.


But the most important message that the prime minister wants to convey is that within a few months we will have 0.5 youth, young people and a few privileged young 1.0 2.0, ie we have:
- 0.5 Young people who mostly reside in the countryside, which not even have schools (one I saw today on TV at inscribed primary chick in Spain). Then complain about the desertification of the country.
- 1.0 Young, who are the majority and that schools have always (ill-equipped, degraded, insecure and lacking in staff and equipment)
- Young 2.0, the privileges that have access to technological equipment and Internet will be a minority for the first time will probably be in much smaller number than 0.5.

What was the criteria used to define these citizens first, second and third class?! Who decided?

Some of these issues are understandable and may even be accepted, because this technological upgrade can not be done from one day to another and some time is necessary to equip all schools. But it is unacceptable to close schools and discrimination to some Portuguese, denying he's the universal right to education and constitutional.


refrained me a little thing I wanted to and that resulted in the name of this post, back to the Technology Plan and see some interesting details of it.

According to the Government, within a few months we have thousands of technological devices scattered throughout the schools, so far so well.
What the Government has not explained is how we will support and maintain thousands of these devices.
already been started to install some equipment in some schools (PC's, electronic tables, Internet, wireless networks, video surveillance, servers, etc. ...), but the equipment in use, quantities and spoken in the hands of teachers and students, will soon start giving problems.
When you begin to give problems, which you do?! Who connects? Who will do the support equipment? Manufacturer is that? What is the serial number? What firmware is installed? ..... But someone

minimally serious, plan a party to this size without first mounting a platform to ensure the registration of installed equipment and enable the automation of registration and support!? Well, it seems that our Technology Plan started that way.

Consider this: The various competitions
supply networks, frames, PCs, etc ... already been launched and mostly awarded and ongoing (but could not do without these openings be due to some favors certain companies, which would raise suspicions of favoritism, right?).

However, the competition to provide the Plan Tecnológico de a platform support has not yet been released. At this point, I draw attention to the fact that a support platform have to take:
- a software design tool for recording all property and occurrences (Asset and Service Management),
- a communications platform (call-center )
- trained and skilled operators,
- a lot of information about the products to maintain,
- a technology infrastructure to support all this,
- accommodation
- legal agreements 2nd line support,
- etc ...
As you can see a platform to support thousands of devices, with thousands of users, we put around a thousand locations, is very much far from being a simple thing to build and operate.
For it does not exist yet and have only begun to think about it.

Moreover, these devices are already being placed in schools. Who is to undertake an inventory of equipment and all its features.
Who is making that equipment is installed where? Serial number that had the equipment? What are their technical characteristics? That Manufacturer Model? What firmware? What configuration? That configuration was?
who hosted and gave the OK to install? etc, etc, etc. ....
Where you are registering this information will be made? On paper? In excel sheet? In Access databases or SQL?
For the love of god, then how and who retrieves this information?

also have not heard in the training plans for users! So if we take cars to people we should not teach driving first?
Such equipment in the hands of untrained personnel will not be too much use, because without proper training can not take full advantage of its potential. Is this the concept of the Government to increase productivity?!
Then we must bear in mind that equipment placed in the hands of people ill-prepared are much more exposed to impact because it increases the risk of breakdowns and desconfigurações (not to mention theft, vandalism, etc. ...).


Anyway, could extend me a little more, but the points made are enough to understand that we got the house through the roof.

The Government's Technological Plan began as a bad idea, since the favoring of certain technologies to the detriment of other agreements promiscuous that favor some technology companies, it now seems that is being poorly executed, beginning with the draft without answering the most basic needs.

It was born that is born crooked and twisted ....
Just pray that everything will compose and that in Portugal a few months is not the world leader in the statistics of schools full of electronic equipment damaged.