Physicist Discovers How to Teleport Energy MIT Technology Review
Hubble Sights Strange Spaceship-Shaped Object Traveling at 11,000MPH The Daily Galaxy (hat tip reader John D)
Macmillan Books Return to Amazon Wall Street Journal. Hhhm, e-books still in limbo, though.
Blankfein to get $9m stock bonus Financial Times. One has to wonder if this level was chosen in part as a result of the hue and cry that resulted from the rumor that he was set to get $100 million. While readers pointed out that the story strained credulity, the flip side is one has to wonder if the rumor-mongers had specific reasons for sporting with Blankfein. And has the New York Times become a Wall Street PR machine? Goldman Chief Gets Bonus of Only $9 Million in Record Year. I object to a $9 million bonus being deemed “only” for ANY CEO, and particularly a CEO of a firm that exists only due to bailouts and subsidies. By contrast, Morgan Stanley’s John Mack has taken no bonus for three straight years.
Should Guy Hands be barred from Britain? FT Alphaville (hat tip reader Scott)
Pravda on 401(K)s Independent Accountant
Monetary Policy and the Housing Bubble Adam Levitin, Credit Slips
Random Fiscal Factoid: Alt Universe U.S.? Paul Kedrosky
My big fat Greek conspiracy theory Charles Wyplosz, Financial Times
Greece Gets The Green Light, But Will It All Work? Global Economy Matters
Never short a country with $2 trillion in reserves? Michael Pettis. I’m a bit late to this, which is a must read.
Antidote du jour. The Telegraph has a photo series on Oolong, “the rabbit that became an internet hit by balancing things on its head”:
Oolong became an internet sensation thanks to its patience while owner Hironori Akutagawa took pictures of it balancing things on its head.
The personal blog caught on as word spread about the quirky images and, despite being entirely in Japanese, over 2.5million people visited the site.
Akutagawa started what he called Oolong’s “head performance” in 1999, shooting lo-res images of his pet in the same pose – apart from the range of objects on its head.
But nature took its course for the seven-year-old bunny and perhaps the most heart-breaking image is of a snowy mound with a pair of carrots representing ears – it depicted the legendary Oolong’s grave after his death in 2003.