Tuesday, September 15, 2009

Google Fast Flip

I've seen a lot of mixed reviews of the new Google Lab's project, Google Fast Flip. I've been trying it out today and find that I really prefer this method of browsing news online.

I enjoy headline browsing online but often find I want more from each article then the standard first few lines you get from Google News without having to click through to the full article. Fast Flip gives me the ability to quickly scan the headlines while reading the first few paragraphs of each article. If I like what I'm reading I can then decide to click through to the full article.

The categorization options are also a plus as I like having the ability to browse the headlines by topic so I can view all the business stories for the day. But even more I like the ability to browse by provider, so I can see all articles from the New York Times or Business Week.

The only drawback I find is that the previews in Fast Flip are images and I can't click on a certain link within the preview without opening the source page first. This isn't a huge issue but was the one limiting factor I noticed while browsing headlines today.


Wednesday, August 26, 2009

Fool's Gold

Just finished reading "Fool's Gold: How the Bold Dream of a Small Tribe at J.P. Morgan was Corrupted by Wall Street Greed and Unleashed a Catastrophe" by Gillien Tett. This book reads very much like a novel and I had a hard time putting it down. It gives great insights into the real causes of the 2008 financial melt down.

"Fool's Gold" discusses the history and innovation that occurred in the derivatives markets and CDO products that where made famous by members of the J.P. Morgan credit team in the early 90's. The same products that other investment banks took to the extreme and eventually brought the financial markets to its knees.

If you're at all interested in getting the "inside baseball" view of the events and conversations that occurred leading up to and during the early stages of the 2008 financial crisis, then you'll enjoy this book. "Fool's Gold" makes it fairly clear that as much as we'd like there isn't simply one person or group to blame for the meltdown. There are many people to blame; politicians, regulators, wall street bankers and executives, mortgage lenders, home owners, and probably others. This book will give you insight into understand all these players and where they came up short in truly understanding the big picture and looming disaster.


Wednesday, August 5, 2009


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