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"This dwarfs by orders of magnitude any financial scam in the history of markets." - Andrew Lo
"LIBOR is huge. This is about as big as it gets in the financial world." - Eliot Spitzer

Libor - "London Inter Bank Offered Rate. The rate at which banks in London lend money to each other for the short-term in a particular currency."


At least $350 trillion in derivatives and other financial products are tied to the Libor.

In 2012, around 45 percent of prime adjustable rate mortgages and more than 80 percent of subprime mortgages were indexed to the Libor.

American municipalities borrowed around 75 percent of their money through financial products that were linked to the Libor.

On 27 June 2012, Barclays Bank was fined $200m by the Commodity Futures Trading Commission.


Banks involved in USD Libor determination:
- Bank of America
- Bank of Tokyo-Mitsubishi UFJ Ltd
- Barclays Bank plc
- BNP Paribas
- Citibank NA
- Credit Agricole CIB
- Credit Suisse
- Deutsche Bank AG
- HSBC
- JP Morgan Chase
- Lloyds Banking Group
- Rabobank
- Royal Bank of Canada
- Société Générale
- Sumitomo Mitsui Banking Corporation
- The Norinchukin Bank
- The Royal Bank of Scotland Group
- UBS AG

So far, only Barclays has admitted to manipulating the Libor.


Links:
Libor scandel
Libor
Daily Libor rate

Articles:
What Is Libor – London Interbank Offered Rate History & Scandal
Explaining the Libor interest rate mess
The rotten heart of finance
The Libor scandal and you
Timeline: Barclays' widening Libor-fixing scandal
Libor scandal explained and what rate-rigging means to you
Libor rate-rigging scandal intensifies pressure on Wall St.
Ben Bernanke and Mervyn King describe Libor fixing as 'fraud'
A crisis worse than 2008?
U.S. criminal probe in Libor scandal: report

Graphics:
Libor Scandal Explained
Behind the Libor Scandal

Videos:
It's over for the banking cabal

Posted: 2012-07-26 15:27:03

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Released Ver 1.5 of Hymn Lyrics for Android.

Added:
- Share hymn lyrics
- View hymns on Youtube
- Submit new hymn lyrics
- 34 more songs (Total of 221 songs)

Posted: 2012-05-01 15:05:24

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I was trying to do a yum update and I got this message:

Loading "protectbase" plugin
Loading "priorities" plugin
Setting up Update Process
Setting up repositories
not using ftp, http[s], or file for repos, skipping - 4 is not a valid release or hasnt been released yet
Cannot find a valid baseurl for repo: update
Error: Cannot find a valid baseurl for repo: update


Well, turn out that it's the End of life for CentOS4. Man, not really looking forward to doing an OS reinstall on my forum. But, turns that there is a way to get yum working again.

In /etc/yum.repos.d/CentOS-Base.repo, comment out the mirrorlist directives and replace with:
baseurl=http://vault.centos.org/4.9/os/$basearch






Posted: 2012-03-27 20:00:35

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Posted: 2012-02-21 09:36:39

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A word to all you recruiters that wish to contact me.

First, I thank you for your interest in me. More than likely, you found my resume on Google or LinkedIn and think I'm a potential match for a position. But, since I get about a dozen emails a day from recruiters, there is no way that I can respond to them all. Actually, I rarely respond to any of them since it would take up too much of my time.

Second, I'm on a one-year contract position that will end on May 2012. So, there's no way that I'll be leaving my position until then. It doesn't matter how attractive you think your position is. I value sticking to a commitment rather than jumping to an attractive opportunity.

Right now, I'm compiling a list of emails that I'll be going through when my current contract is up. If you wish to be on that list, you'll need to make your email stand out from all the rest.

If you send me an email, I generally will look at it for 3 seconds and decide what to do with it. If you simply say "I've got a position that would fit you", then it gets deleted. If you give the full job description, pay, location, benefit package, and brief description of the company, then it's more likely I'll keep your email.

If you are an internal recruiter and open to hiring in the May 2012 timeframe, then you'll be quite likely to get a response from me. Please send me a detailed description of the company and the position and the pay range.

If your position is outside of Atlanta, there is practically a zero percent chance that I'm interested. Probably the only way that I would be willing to move is that the relocation package includes buying my house outright.

For everyone, I might not respond to you by email, but we can still link up on LinkedIn.

Thanks again for your interest in me.

Update on 2/29/2012:

My contract with T-Mobile has been verbally extended til the end of 2012. So, I will not be available until the end of the year.

Also, the number of emails I receive from recruiters has dramatically increased lately. Now, it is impossible for me to respond to any of them and they will all get automatically filed away. If you really wish to contact me, use the contact form link in the left hand menu of this page.



Posted: 2011-12-07 23:56:50

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Android Freeware
Free Androidware
4shared
Android APK

To install:
adb install [apk file]


Posted: 2011-11-26 23:01:22

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1. Get adb to be able to connect to the Fire:
- Add "0x1949" in a new line at the end of ~/.android/adb_usb.ini

2. Install zergRush:
- Download zergRush
- adb push zergRush /data/local
- adb shell
- cd /data/local
- chmod 755 zergRush
- ./zergRush

Links:
Rooting the Amazon Fire Tablet From My Mac
Revolutionary - zergRush local root 2.2/2.3
Developing on the Kindle Fire
Hacker Shows How To Easily Root the Kindle Fire

Posted: 2011-11-26 22:37:11

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I was originally looking for Donic ping pong table based on a recommendation from a friend. But, I could not find any American distributers. After some searching, I saw the Robbins Optima Indoor table. It's actually a table made by Kettler, but exclusively marketed by Robbins.

My biggest hesitation on buying it was that I could not find any reviews at all of the table. So, I'm putting this review up to have at least one review of the table on the web.

I was looking for a semi-professional table to be used at home for a reasonable price. I was also ideally looking for a German made table. And this table fit the bill. It is sturdy, foldable, and moveable. Table thickness is pretty good (7/8"). Leg heights are adjustable. Has strong wheels that lock. And it has some interesting features that I've never seen in any other table. It has a table alignment system that makes the two sides line up (Integra tracking). The net is adjustable in height and tension. And it has a paddle/ball storage. I got it for $810 and that included delivery. And for an extra $11, they threw in 4 paddles and some balls.

I ordered the table online and got an email confirmation that same day. After several days, I tried to go online to find out the status of my order, but could not login. Seems like they never created an online account for me. I emailed my receipt for a status and received a response saying that it has been shipped and gave me a tracking number. It was shipped by AM Home Delivery. And they have a decent package tracking system.

I got the table one week after I placed it. Pretty good turnaround for a 250 pound item. One nice touch was that they delivered it straight into my basement. It would've been impossible for me to move it downstairs by myself (or even with two people). The table came in one box and the paddles came in another small box.

It took me four hours to setup the table. There are a ton of pieces. Instructions are pretty good, except that there are a bunch of small pieces and it's hard to tell which piece goes where. To setup each half on the center legs, you'll need at least two people to do it. The hardest part of the setup was to get the main table legs to lock into the table. I found it's possible if one person uses a screwdriver to push in the locking tabs while another pushes down on the leg into the lock.

I've only played with it for a few minutes, but the play is pretty good. Table is very sturdy. And when one half is up for self-play, it locks into position. So there's no way it can fall down by itself.

Overall, great value for the price and I'd definitely recommend it. And I don't think it's possible to get another table with all these features for this price and have it delivered straight to your basement. Only drawback is the lengthy setup, but it's not too bad if you're patient.

Posted: 2011-10-27 22:03:01

Comments: (5) 
Died on Oct 5, 2011 at age 56 from pancreatic cancer first diagnosed in 2004. Interestingly, it was from 2004 to 2011, while Jobs had pancreatic cancer that Apple stock skyrocketed from $11 to its peak around $413 just several months ago.

Articles:
Apple co-founder Steve Jobs dead at 56
Steve Jobs, Apple 'visionary', dies aged 56
Steve Jobs, Apple founder, dies
10 ways Steve Jobs changed the world
The spiritual side of Steve Jobs

Bios:
Apple
Wikipedia
All About Steve Jobs
Forbes
Wired

Speech:
Stanford Commencement Address
Stanford Commencement Address text

Posted: 2011-10-06 14:48:58

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Occupy Wall Street is leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%. We are using the revolutionary Arab Spring tactic to achieve our ends and encourage the use of nonviolence to maximize the safety of all participants.

Occupy Wall Street

Links:
Adbusters
Occupy Together
NYC GA
Guardian
Wikipedia
Flickr
Twitter
Facebook
Facebook event
RSN
The Hidden Power of Occupy Wall Street

Posted: 2011-10-03 15:58:50

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