Reading Time: 2 minutes (What a week, Yahoo Tech-ticker, link) China’s role in the Fannie/Freddie mess As Fannie/Freddie crisis deepens, people find China in akward postion because China is the largest holder of 2F’s bonds: total $376.3 billion. I don’t know exactly how China got into this mess, but I think one reason is decision maker in China must
Reading Time: 2 minutes Ted Koppel is on the top of the journalists I admire. He always asks tough questions in a polite manner, and he has very good insights on international matters. That’s why I was sad to see he leaving ABC NightLine a while ago; and yesterday I was glad to learn his latest project Koppel on
Reading Time: < 1 minute GRE analogy problem China GDP number: politicians vs. Corporate earning: executives stock options Hint: the local officials pump up the GDP numbers so that they can get promoted; the corporate CEO/CFO pump up the earning number so that their stock options will be more valuable. Of course in an ideal world, when the law is
Reading Time: 2 minutes Yesterday was a special day in modern China’s history. This is a time the leaders don’t want to talk about, and generation Y (young people born after 1980s) don’t know much about. I was a high school senior at the time, and we worried we would get into a sort of cultural revolution considering chaotic
Reading Time: 2 minutes Gas and Panera: more saving tips Yeah, the $4 a gallon gas is finally coming, it’s $3.899 in recent 3 days here in STL. I tried to stretch the gas I put last time at $3.699 as much as I could, but it seems like I will need to put gas either tomorrow or Monday.
Reading Time: 3 minutes We all know the terrible earthquake happened in China, and the Chinese goverment and people are doing the best helping the survivors. There are many many heart touching stories since May 12 when the quake hit. NPR Melissa Block and Robert Siegal (read their Chengdu diary) did a good job from a foreign journalist perspective.
Reading Time: < 1 minute We all know the terrible earthquake happened seven days ago (May 12, 14:28 PM) in Sichuan province. Today the while country is mourning the loss of the lives in China. I belive many people in the world share the same loss too. After all, we are living in the same earth (global village). I visited
Reading Time: 2 minutes (Update May15) My friend Sun also set up a donation page for earthquake relief. He even put up a challenge (match) for Paypal donors. Kudos to him. I sent a check of $51.20 to OSCCF today. (Source: NPR.org, more pictures from NPR) (Original) There are lots of organizations one can donate for the China earthquake,
Reading Time: 3 minutes Today is Earth day, we are seeing all kinds of “Green talk” from CNBC to Fox News, from Google to WSJ, from Democrats to Republicans. I think this is all good but this environment thing should be done in our everyday lives, not some sort of campaign or movement: when the passion run out or
Reading Time: 2 minutes There are lots of discussions (e.g., wang jianshuo) about boycotting French companies lately, after the Paris Olympics torch relay incident, and some France politicians unfriendly move. Now the France supermarket giant Carrefour, which has a large presence in China, will be boycotted on May 1, because (arguably) its main shareholder supports free Tibet organization. Baidu