Training Archive: randyIn the 7 days ending 2008-03-23:
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Sunday Mar 23 | ||
| running (trail/XC) 1:09:00 [3]12.8 km (5:23 / km) | |
| vf w/ Angelica
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Saturday Mar 22 | ||
| orienteering race 1:13:44 [4]8.2 km (9:00 / km) | |
| jockey hollow blue
tried to push the pace today. And I am totally out of shape. | ||
| coursesetting 2:30:00 [1] | |
| draft of courses is done pending consultant review. Map needs plenty of updates.
Tom -- let me know what you want to do, wait for map updates/consultant review or go up there now. I got alot done today and yesterday. And I'm supposed to run 8mi with Angelica tomorrow. I'm going to be toast. Maybe she'll give me a head start. | ||
| hiking 20:00 [1] | |
| outdoor puzzle related
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Friday Mar 21 | ||
| hiking 1:20:00 [1] | |
| ghosttowning/outdoor puzzle related
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| C • Karl and I have a a lot of catching up to do 2 | ||
Thursday Mar 20 | ||
| running (trail/XC) 1:00:00 [3]10 km (6:00 / km) | |
| vf
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Wednesday Mar 19 | ||
| running (trail/XC) 1:00:00 [3]10 km (6:00 / km) | |
| vf
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Tuesday Mar 18 | ||
| running (trail/XC) 1:00:00 [3]10 km (6:00 / km) | |
| vf
I?m not questioning whether market integrity requires this: it appears that it may indeed. I?m not even criticizing JPMorgan for doing what, at least at this point, looks like a good deal. But it galls me that on Friday, President Bush asserted that we must go slow in helping the millions of struggling American homeowners. He stated that ?we got to be careful and mindful that any time the government intervenes in the market, it must do so with clear purpose and great care.? I live in Michigan and drive every day past the many foreclosures and for-sale signs. It breaks my heart that these people are struggling to keep or sell their houses, and the Fed just awarded this boon. Homeowners may not get any meaningful government help, but at least Bear Stearns shareholders will get $2 (perhaps more) a share. Based on James F. Redda & Associates? share ownership figures, that?s at least $13.4 million to Bear Chairman James Cayne to fund his bridge and golf hobbies. http://dealbook.blogs.nytimes.com/2008/03/18/jpmor... So, how does the Upper East Side set live while the lives of their employees, clients, and shareholders are imploding (forget the indirect damage) on a daily basis? How about Bear's chairman Jimmy Cayne closing on some new digs at The Plaza? http://dealbook.blogs.nytimes.com/2008/03/12/bears... Well, not to worry, as Helicopter Ben is a comin' 'round yet again. Another 100 bps baby! Keep the devalue goin' to save those Upper East Side digs. Team better buy those unis now, baby! Wall Street: selfish greed, socialized risk. | ||
| coursesetting 1:30:00 [0] | |
| armchair | ||
Monday Mar 17 | ||
| Note | |
| Quotes of the day --
What's amazing here is that Wall Street wants to live under the hard and fast rules of laissez-faire capitalism when they are lining their pockets, but they are died in the wool socialists when the shit hits the fan. 32x leverage of bogus assets is a Bad Idea. 32x leverage of bogus assets on top of clients with 32x leverage of bogus assets is a Really Bad Idea. Make him vice chairman? Now that?s a brilliant idea. It?s like making the captain of the Titanic first mate on the rescue ship. [reference to New York Times speculation that BSC CEO could become VC of JPM] Where was Jimmy Cayne, chairman of the board of BSC, as the ship was going down, threatening not only the well-being of his employees, clients, and shareholders, but the stability of the global financial system? http://blogs.wsj.com/deals/2008/03/14/where-in-the... | ||