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Authored by: Anonymous on Saturday, November 17 2012 @ 03:21 AM EST |
So if it quacks like a bank, suffers runs like a
bank, and is saved
like a bank, it needs to be regulated
like a bank.
The difficulty is how to
narrowly tailor bank-like
regulations (from capital requirements to liquidity
regulations) to address the specific forms of risk posed by
each kind of
shadow market. As I put it, you don’t regulate
a turkey the same as a duck or a
chicken. This turducken
problem led some of my co-panelists to believe a
bottom-up
approach to regulation (one that focuses on market failures
of
individual instruments) makes more sense than a top-down
approach (starting
with the conceptual problems of shadow
banking and then figuring out how to
tailor policy
approaches to particular contexts).
I continue to think a
top-down approach helps focus on what
are the big picture market failures and
systemic risks that
we should care about – bank runs and liquidity crises; high
leverage; and correlated risk-taking and herd behavior by
financial
institutions.
Erik Gerding, The
Conclomerate[ Reply to This | Parent | # ]
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Authored by: Anonymous on Saturday, November 17 2012 @ 10:12 AM EST |
Microsoft has released Skype 4.1 for Linux
http://www.phoronix.com/scan.php%3fpage=news_item&px=MTIyODg
What is going on?!
[ Reply to This | Parent | # ]
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Authored by: artp on Saturday, November 17 2012 @ 11:23 AM EST |
I keep hearing that we need to keep patents for the
pharmaceutical industry
because we really need them to
innovate, and we need to reward the long
development cycles
and validation cycles for them so that we have enough drugs
- and the right kind.
Apparently, the memo didn't get out to the Pharma
industry.
The New York Times has an
article
entitled "Drug Shortages Persist in U.S., Harming
Care"
[Sorry about the potential paywall if you aren't
registered with them] showing
that there is a drug shortage
in the US. Never mind the rest of the world. We
are talking
about a drug shortage in the most advanced country in the
world.
Obviously, there is something fundamentally wrong
with this situation. It's
worse than
Hostess
going bankrupt
and selling off their Twinkies and
Ho-Hos.
What is the world
coming to?
There is nothing different about
the Pharma industry. They
are just as greedy, just as bureaucratic, just as
stiff and
resistant to change as any other US industry. Nothing that
we give
them, bribe them with, or tempt them with will ever
change that. It's time to
tell the whole US money structure
to sink or swim. Portions of US industry are
already
swimming, so we know that it is possible. Those portions
appear to be
lighter on MBAs and lawyers than the ones that
aren't swimming. Perhaps it is
time to drop the rock, and
get on with life. This one isn't working.
There
is no need for patents anywhere in US industry. If we
were able to do it once,
why can't we have faith that we
will be able to do it again? And if we can't,
that someone
else will be able to do what we couldn't? Let's get rid of
patents completely, and reclaim our culture by reducing
copyright to something
less than the original 28 years,
while expanding fair use provisions so that we
can also have
remixes, fan fiction, parodies and critical commentary. I
should
be able to whistle those iconic tunes from my youth
without being sent a bill
that would bankrupt a small
country. I helped make them popular, they would
have
shriveled on the vine without fans, yet fans can't use them
in public
without a performance tax.
Perhaps (I'm not holding my breath) the recent Republican
study on the reform of
copyright will grow legs and get
somewhere.
--- Userfriendly on WGA server outage:
When you're chained to an oar you don't think you should go down when the galley
sinks ? [ Reply to This | Parent | # ]
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Authored by: SilverWave on Saturday, November 17 2012 @ 12:19 PM EST |
Flipboard
v1.9.10 now available.
More Nexus 10 details here:
My Google Nexus 10--- RMS: The 4
Freedoms
0 run the program for any purpose
1 study the source code and change it
2 make copies and distribute them
3 publish modified versions
[ Reply to This | Parent | # ]
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Authored by: sciamiko on Saturday, November 17 2012 @ 12:37 PM EST |
From Mike Masnick at
Techdirt :
Late on Friday, the Republican Study Committee,
which is the caucus for the House Republicans,
released an amazing document debunking various myths about copyright law
and suggesting key reforms.
If you're used to Congress not understanding
copyright, prepare to be surprised. It's clear, thorough and detailed about just
how problematic copyright has become and why it needs to change. To give you a
sense of where the document heads, note the final line:
Current
copyright law does not merely distort some markets -- rather it destroys entire
markets.
There is a lot in this document, and we can't go through
it all, but I highly recommend reading through it.
The
republicans suggesting the public should benefit?
s. [ Reply to This | Parent | # ]
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- Nice find - Authored by: Anonymous on Saturday, November 17 2012 @ 12:59 PM EST
- Nice find - Authored by: Wol on Saturday, November 17 2012 @ 06:40 PM EST
- Yeah - Authored by: Anonymous on Monday, November 19 2012 @ 02:03 AM EST
- Blanket licencing - Authored by: Wol on Monday, November 19 2012 @ 12:23 PM EST
- Preservation - Authored by: Wol on Monday, November 19 2012 @ 01:04 PM EST
- hmm - Authored by: Anonymous on Monday, November 19 2012 @ 02:19 PM EST
- hmm - Authored by: Wol on Tuesday, November 20 2012 @ 07:14 AM EST
- Where's the catch? - Authored by: Anonymous on Saturday, November 17 2012 @ 01:24 PM EST
- What's going on here? - Authored by: symbolset on Saturday, November 17 2012 @ 04:53 PM EST
- What's going on here? - Authored by: Anonymous on Saturday, November 17 2012 @ 06:23 PM EST
- What's going on here? - Authored by: Anonymous on Sunday, November 18 2012 @ 01:20 AM EST
- What? - Authored by: Anonymous on Sunday, November 18 2012 @ 12:20 PM EST
- What's going on here? - Authored by: dio gratia on Saturday, November 17 2012 @ 11:39 PM EST
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Authored by: JamesK on Saturday, November 17 2012 @ 03:19 PM EST |
The U.S. won't
agree to limit free speech online or to new international regulations for the
Internet, Kramer says --- The following program contains immature
subject matter.
Viewer discretion is advised. [ Reply to This | Parent | # ]
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Authored by: Anonymous on Sunday, November 18 2012 @ 12:41 PM EST |
Google’s latest Transparency Report shows that the Canadian
government is increasingly requesting that Google remove content from its
websites, primarily for reasons of defamation.
The Canadian government
requested the removal of 405 pieces of content between July 1, 2010 and June 30,
2012. Of these, 325 were because the content was deemed defamatory. The Google
service most targeted by these removal requests was Blogger, followed by
YouTube.
The number of requests that Canada makes has been increasing.
Read
it on Global News: Global Regina | Canadian government requesting removal of
defamatory content, blog posts: Google report
Leslie
Young, Global News[ Reply to This | Parent | # ]
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Authored by: Anonymous on Sunday, November 18 2012 @ 02:48 PM EST |
Zeus in the
Mobile
Yes, I know, f-secure are in the patent medicine business,
but they do
seem to make some attempt to understand the illness.
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Authored by: kuroshima on Monday, November 19 2012 @ 12:45 PM EST |
There's something that has been nagging me for a while. Once
the discussion gets long enough (100+ replies), I often
switch to flat view to check the new messages since the last
time I read the comments. However, it seems that Geeklog
limits the replies to 300, meaning that I need to change to
newest first, and browse them as if people were top-posting.
Is it me, or does that bother you too?[ Reply to This | Parent | # ]
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