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Showing posts with label networking. Show all posts
Showing posts with label networking. Show all posts
Thursday, June 2, 2011
Monday, May 23, 2011
Generation 2.0: Do you want to make more money? A good friend is all you need
Are you tired to watch your money go up and down?... keep in touch with your schoolmates.
Harvard Business School's Lauren Cohen and Christopher J. Malloy, along with University of Chicago colleague Andrea Frazzini, investigated the ties between more than 1,800 sell-side analysts and the management of public firms, and the subsequent performance of stock recommendations. The study is titled "Sell-side school ties" and suggests that agents in financial markets can gain informational advantages through social networks. Data on the educational background of sell-side analysts and senior corporate officers shows that analysts outperform by up to 6.60% per year on their stock recommendations when they have an educational link to a company.
It seems to be what happened with Raj Rajaratnam.
In 2009 he was arrested by the FBI on allegations of insider trading and on May 11, 2011 was found guilty of conspiracy and securities fraudnews. With more than $60 million, it was the largest hedge fund insider trading case in United States history. Rajaratnam allegedly profited from information received from Robert Moffat, an IBM executive, Rajiv Goel, an Intel Capital executive, and Anil Kumar, a McKinsey & Company executive. It was reported that Rajaratnam, Goel and Kumar were all of class of 1983 from Wharton business school.
According to a famous saying, who finds a friend, finds a treasure!
Monday, May 9, 2011
"Work will make you free"
In China hundreds of millions of “peasants” from the countryside are on the move. Workers-of-rural-origins are preferred as a low cost source of labor and considered better fit for training and adaption to the competitive pressures of the market.
Since the beginning of 2010, a startling ten Foxconn employees in Shenzhen tried to end their lives. Therefore a number of Foxconn’s customers, notably Apple, HP and Dell, have pledged to “work with Foxconn” to live up to higher international labour standards.
But till today in Shenzhen Foxconn’s employees are housed in dormitories surrounded with “anti-suicide” nets.
Wednesday, April 6, 2011
Beckhams are 'too working class' for posh Haberdashers' Aske's school
"As soon as you're born they make you feel small/By giving you no time instead of it all/Till the pain is so big you feel nothing at all/A working class hero is something to be/A working class hero is something to be /They hurt you at home and they hit you at school/They hate you if you're clever and they despise a fool/Till you're so crazy you can't follow their rules/A working class hero is something to be/A working class hero is something to be...".
John Lennon was right that's why he had been killed. After a bank worker fired for Facebook post comparing her £7-an-hour wage to Lloyds boss's £4,000-an-hour salary, someone was proud to write "the Beckhams are too working class". The comments were made on the popular internet site Mumsnet, the website set up by mothers to give advice on parenting and family issues. Beckhams' apparent choice of £14,000-a-year Haberdashers’ Aske’s upset somebody. One former Haberdashers’ pupil, calling herself crazygracieuk, wrote: "David and Victoria are working class". Is this Cameron's Big Society? Tuesday, February 15, 2011
Generation 2.0: "Anonymous" attacks Berlusconi's journal and television networks
“Operation Italy”, this is the codename of the Distributed Denial of Service attack which hit the Italian Government’s Websites and Berlusconi's networks.
In a manifest appeared some days ago, the "Anonymous" group denounced the Italian Government and its leader of having led the country into an untenable political and economic situation. In particular, today Berlusconi's journal, "Il giornale.it", has been attacked by the hackers, although it didn't shutdown completely, and the owner accused of web censorship, encouraging prostitution, dealing with the Mafia, corruption and media manipulation.
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