The Daily Telegraph reports that there is a lottery organized  “to sell” a house in Andalusia (Spain) that worth € 1.5 Million. Each ticket for the draw costs 25 €.  The sellers expect to sell 88 000 tickets before the draw (on May 1st 2009). This gives € 2.2 Million. More than the house estimate […]

Reuters News reports that three-month Dollars Libor Rate falls to its lowest value since December 2004 at 2.50625 percent:
London interbank offered rates at the British Bankers’ Association’s daily fixing for these three-month dollars fell 20 basis points to 2.50625 percent <USD3MFSR=>, the lowest since December 2004.

This is good news and shows that confidence is […]

xkcd - A Webcomic - Election via kwout

The New York Times provides this amazing yet simple application, where it is possible to give your state of mind in one word.
I took a snapshot at 4PM ET.
Mc Cain supporters feels :

ELECTION DAY 08 - What One Word Describes Your Current State of Mind? - Interactive Feature - NYTimes.com via kwout

And Obama […]

This NPR article is mainly a transcript of the CDS part of this American Life podcast. And I found the explanation using examples very good. I copied below 3 extracts:

Credit Default Swap as insurance: 

Imagine, he says, you buy a bond from Ford for $100.
"You’re holding your bond and you are worried about Ford’s credit. So […]

As it is simple, everything required to use the product is on the front-page:

Memiary, the weightless pocket diary via kwout

I came across Tabbloid yesterday. This new service delivers RSS Feeds content in PDF format by email on defined schedule.

Tabbloid via kwout

BBC Web site reports this funny Email mistake:
When officials asked for the Welsh translation of a road sign, they thought the reply was what they needed.
Unfortunately, the e-mail response to Swansea council said in Welsh: “I am not in the office at the moment. Please send any work to be translated”.

BBC NEWS […]

Add-in Applications for Linkedin are available here. For the moment only a few can be added to  a profile like the Wordpress and Blog Link one:

LinkedIn: Application Directory via kwout

I added my blog to my profile using the Wordpress application:

LinkedIn: Home via kwout

Yesterday I came across this very comprehensive page on the financial crisis at The Baseline Scenario. This page list radio postcasts, video, but also explanation about CDS or bank re-capitalization. I’m still digging in all this information. The content list is copied below:

Financial Crisis for Beginners « The Baseline Scenario via kwout

Financial Crisis for […]