The linked presentation is a sobering investigation of the practice of naked short selling.  Naked Short Selling (NSS) is the practice of short selling a stock for which the seller has not borrowed shares to cover that sale.  When this state perists past the statutory time limit, it is called Failure to Deliver. These so-called FTDs could in some ways be considered conterfeited stocks.  After doing some research prompted by reading an entry on Slashdot.org. I wonder after reading up, and watching the below if the next shoe to drop in the financial turmoil that is occuring will be this.

via Darkside of the Looking Glass full.

The collected works of David Foster Wallace  from Harper’s Magazine.

 

RIP DFW.

This is outstanding, all 6 parts of the BBC special by Stewart Brand, based on his work in ”How Buildings Learn”.  For anyone that is interested in “A Pattern Language” or “The Geography of Nowhere“  this is must watch stuff.

 

from Apartment Therapy New York | How Buildings Learn by Stewart Brand.

Belly 46.5

Bubba and I got a guys day out yesterday, and drove up to Texas Motor Speedway to watch the Bombardier 550 IndyCar race. We had a great time. Uzzman came along for the ride and documented the event photographically, I look forward to seeing his pics. The highlight of the day for us may have been Robbie Knievel performing the Texas Hummer Jump, jumping 21 Hummers to the amazement of my son. After the race we were able to go down into the garage area and see the teams cleaning up and working on their cars.

“I got a list of demands written on the palm of my hands.
I ball my fist and you’re gonna know where I stand.”

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