“Robin Gibb, one-third of the Bee Gees, died Sunday after a long battle with cancer, his spokesperson has confirmed via a statement. Gibb was 62 years old.
“The family of Robin Gibb, of the Bee Gees, announce with great sadness that Robin passed away today following his long battle with cancer and intestinal surgery,” reads the statement. “The family have asked that their privacy is respected at this very difficult time.”
Comments »The fireworks start around 1:10 in the video.
Comments »That’s about two months per human fetus.
A British citizen in Bangkok has been arrested after Thai police found six roasted human foetuses packed in his luggage.
Chow Hok Kuen, who is 28 and of Taiwanese origin, was held by police after the grisly discovery was made in Bangkok’s Chinatown district yesterday.
Reports says the six foetuses had been covered in gold leaf after being roasted as part of a black magic ritual.
It is not clear where the bodies came from, but Chow Hok Kuen is believed to have been attempting to smuggle them into Taiwan.
The bodies were reportedly found in a different hotel from the one Chow Hok Kuen was staying at, but were in his luggage.
Comments »Prepare for more fun times in the equity markets. Risk ratio chart porn suggests we may have much more downside to this correction.
Comments »“The unit at the center of JPMorgan Chase & Co.’s recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial Times said.
The newspaper said this portfolio comprises the “complex, risky bonds at the center of the financial crisis in 2008,” but did not say whether any of the holdings are in unhedged positions.”
Comments »“Until this point virtually every pundit and financial journalist and blogger has opined on JPM, its prop trading operation (as first exposed by Zero Hedge), and its massive loss which due to its pair trade nature has potentially unlimited upside, but likely will top out at $5 billion (as also first explained by Zero Hedge over a week ago and subsequently by the WSJ). The one person who has kept silent so far was the man whose entire philosophy predicted just this epic flare out, by revolving around the assumption that humans operate under the illusion that they understand rare events: they don’t (for more details read his books The Black Swan and Fooled by Randomness which by now have been read by all traders in the world, but apparently not those formerly in charge of JPM’s CIO unit). Courtesy of this BBC Newsnight interview, he breaks his silence and shares his opinion, which as one may expect are far from laudatory: “JPM has 10-15 times the risk of a regular hedge fund…”
Comments »The G-8 sang kumbayah this weekend vowing to do what is necessary to keep Greece in the Euro.
Comments »Originally they said the losses could reach $8 billion, but nobody paid attention and only focused on $2 billion. Then last week that was raised to $3 b and now we learn we could be looking at $5 b….
Comments »Forecasters expect hot temperatures to be the norm this summer. Risks of wildfire will be high this summer.
Comments »A wonderful sight indeud not seen for almost two decades, will be visible for some mid western and all western states over the coming days.
Comments »Hurricane season is not expected for another 6-8 weeks, but in true 2012 weather fashion our fist tropical storm gets going.
Comments »Zuckerberg and 27-year-old Priscilla Chan tied the knot at a small ceremony at his Palo Alto, Calif., home, capping a busy week for the couple, according to a guest authorized to speak for the couple. The person spoke only on the condition of anonymity.
Zuckerberg took his company public in one of the most anticipated stock offerings in Wall Street history Friday. And Chan graduated from medical school at the University of California, San Francisco, on Monday, the same day Zuckerberg turned 28, the person said.
The couple met at Harvard and have been together for more than nine years, the person said.
Hope you got the prenup
Comments »Gotta love Mick Jagger hosting. Great skits, great music, all around fantastic episode. Best in recent memory. Find it if you missed it.
Comments »Rob Hanna of Quantifiable Edges breaks down the performance of the CBI. If you are looking for a long swing entry, the CBI is suggesting the time might be right.
Read the article here.
Comments »READ FULL POST HERE – SEE VIDEO BELOW
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