What makes the SSB-WorldCom deals illegal

Salomon Smith Barney sold the CEO of WorldCom lots of IPO shares at a low price. The CEO made lots of money. Technically, that’s a bribe to your customer. But then, so is every free offer, or cross-sale. What makes the SSB-WorldCom deals illegal, this article argues, is that they’re so BIG, and they’re made of OTHER people’s money.

The real reason for .NET

The real reason for .NET: taking Windows to UNIX.

More on expectations higher than expected

After reading my post on the ET article mentioning “expected to see a higher than expected rise”, a certain CA gold-medallist friend of mine wrote back this obscure note that I refuse to understand: … if you take it literally it is not possible. To put it more technically, something called a law of iterated expectation comes to play. Today’s expectation of tomorrow’s expectation about what will happen day after is just today’s expectation of what will happen day after. ...

Lavish weddings

Lavish weddings. Sounds a bit of a waste… but if I were offered a wedding in Disneyland, with “Cinderella’s Crystal Coach”, I’d probably pay the $40,000. If I had it, that is.

Indian TV commercial storyboards

Indian TV commercial storyboards. The plots of several TV ads, in pictures and words. via Someplace Simple