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Archive for September, 2009

High-frequency trading: useless and manipulative?

Posted by Shane On September - 30 - 2009ADD COMMENTS

brokerI found an interesting  article on the concept for High Frequency trading . The credit for the post is deserved by blogs.reuters.com.

The explosion of interest in high-frequency trading has started to drag new faces to sometimes staid industry conferences. Traders who for years worked on algorithms and computer codes behind the scenes are stepping into the spotlight. They’re appearing on more and more panel discussions, feeling the need to defend their practice against the slings and arrows of politicians and regulators.

So far, they’ve managed to mix exasperation with good humor. The head of one high-frequency trading shop, speaking on a panel this week, said that if you believe everything you read in newspapers you might think the practice is “an unfair, highly profitable and socially useless trading strategy implemented by highly secretive and unregulated traders using superfast computers to compete with retail investors, manipulate markets and front run flash orders causing volatility in the financial markets and creating systemic risk.”

He argued that a more accurate definition of high-frequency trading would be, “a wide variety of highly competitive, low margin trading strategies implemented by professional market intermediaries who have invested heavily in technology that have the effect of making the markets more efficient by enhancing liquidity and transparent price discovery to the benefit of investors.”

Eastwick is back on ABC tv series

Posted by Shane On September - 30 - 2009ADD COMMENTS

117469_9670“Eastwick,” ABC’s attempt at a spooky-smirky sort of satirical soap opera, premieres Wednesday and quickly curdles in its own cute quaintness. We’re back in Stephen King country, except King isn’t really to blame for this mess; it is based on books by John Updike, whose work in this vein already resulted in the movie “Witches of Eastwick” with Jack Nicholson, Cher, Michelle Pfeiffer and Veronica Cartwright, the last also appearing in — and classing up — the ABC romp.

If you never saw the 1987 movie The Witches of Eastwick, starring Jack Nicholson, or read the John Updike novel, ABC is providing the best catch-up with Eastwick.

Set in the fictional Rhode Island town of Eastwick, ABC’s new series follows three women on the cusp of discovering that they’re more powerful than they ever dreamed. Their quirky acts of persuasion, premonition and, let’s just say, tapping into Mother Earth, bring the mysterious Darryl to town.

While Paul Gross has some Nicholson-sized shoes to fill, his version of Darryl Van Horne may be just as evil, if not more. Gross stars opposite Rebecca Romijn, Lindsay Price and Jaime Ray Newman.

How will Darryl seduce the lovely ladies of Eastwick?

The credit for the post goes to.  php-news.info

ken-lewisKen Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company’s acquisition of Merrill Lynch & Co.

The bank, the nation’s largest by assets, said Wednesday that Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company’s board by the end of the year. The company did not announce a successor, saying one would be selected by the time Lewis steps down Dec. 31.

The fact that no succession plan was announced indicated that the Bank of America board did not expect Lewis’ decision at this time. Nonetheless, the news, coming after shareholders had stripped Lewis of his chairman’s title earlier this year, wasn’t surprising because of the intense pressure he came under after the Merrill Lynch deal, including criticism about billions of dollars in bonuses given to Merrill Lynch employees.

Lewis had said he would stay on as CEO until after the company’s financial problems were resolved, a process expected to take several years.

However, with the bank also under heavy criticism from government officials, Lewis was increasingly seen as vulnerable.

“He’s had a big target on his chest for the whole Merrill Lynch deal, and I can only imagine the emotional stress he’s endured ” said Alan Villalon, senior research analyst at Minneapolis-based First American Funds, which owns Bank of America stock.

For more on this news Visit the following  link or click it

Ken Lewis Retiring

For related news on this topic, visit the following link

http://www.prnewswire.com/news-releases/ken-lewis-announces-his-retirement-62932057.html

OK Magazine to publish khloe kardashian wedding pics

Posted by Shane On September - 30 - 2009ADD COMMENTS

khloe kardashian wedding picsYes it is, OK magazine to publish the official Khloe Kardashian wedding pics tomorrow. But it  is not as cheap as one thinks. Its been official that Ok magazine  is to sell the wedding pics for $ 3,00,000 .

Well this is a huge deal to sell for so much rate. Actually the fans never care they go out to buy the pics even if it is in millions.

Here is an interesting article found in  blogs.usatoday.com,

TMZ.com opened coverage of the financial aspects of the wedding when it reported the Los Angeles Lakers star was scrambling going into the weekend, to get a prenup agreement drawn up. (Maybe because he’s seen Phil Jackson draw up so many plays during timeouts he thought lawyers could write as fast.)

E! Online says the Beverly Hills ceremony featured the bride going strapless, carrying white roses and getting an escort down the aisle by stepdad Bruce Jenner, who tastefully elected not to wear his 1976 Olympic decathlon gold medal.

Also, a 10-piece orchestra competed with the hum of hovering helicopters.

People says the Laker elite on hand included Kobe Bryant, Phil Jackson, Luke Walton, Ron Artest and GM Mitch Kupchak. If none of the celebs sent you Twitter updates while the service was in progress, don’t feel bad. Blackberrys were banned.

And while we wait for the wedding photos, TheHollywoodGossip.com has some from the rehearsal.

The following is the scoreboard of the Group A match between West Indies and India in the Champions Trophy at the Wanderers here Wednesday.

West Indies:india winning moments

Andre Fletcher c Dravid b Kumar 0

Keiran Powell c Dhoni b Nehra 5

Devon Smith c Dhoni b Nehra 21

Travis Dowlin b Dhoni 14

Floyd Reifer c Karthik b Kumar 1

David Bernard c Dravid b Mishra 22

Darren Sammy c Mishra b Nehra 23

Royston Crandon b Harbhajan 5

Nikita Miller not out 17

Kemar Roach c Gambhir b Harbhajan 4

Gavin Tonge c & b Kumar 5

Extras (lb 4, w 7, nb 1) 12

Total (all out in 36 overs) 129

Fall of wickets: 1-0 (Fletcher, 0.6 overs), 2-26 (Powell, 7.4), 3-27 (Smith, 7.6), 4-31 (Reifer, 10.2), 5-57 (Dowlin, 16.4), 6-89 (Bernard, 26.6), 7-99 (Sammy, 29.1), 8-102 (Crandon, 30.6), 9-122 (Roach, 34.3), 10-129 (Tonge, 35.6)

Bowling:

Praveen Kumar 9-3-22-3

Ashish Nehra 8-1-31-3

Abhishek Nayar 3-0-17-0

Mahendra Singh Dhoni 2-0-14-1

Harbhajan Singh 8-2-14-2

Amit Mishra 6-0-27-1

India:

Dinesh Karthik c Dowlin b Tonge 34

Gautam Gambhir b Roach 6

Rahul Dravid run out (Bernard) 4

Virat Kohli not out 79

Abhishek Nayar not out 0

Extras (w 3, nb 4) 7

Total (for three wickets in 32.1 overs) 130

Fall of wickets: 1-7 (Gambhir, 2.5 overs), 2-12 (Dravid, 3.2), 3-104 (Karthik, 27.4)

Bowling:

Kemar Roach 6-1-27-1

Gavin Tonge 10-0-36-1

Darren Sammy 10-1-25-0

David Bernard 3-0-22-0

Nikita Miller 3.1-0-20-0

Toss: India chose to field

Result: India won by seven wickets

Man of the Match: Virat Kohli (India)

Umpires: Aleem Dar (Pakistan) and Simon Taufel (Australia)

TV umpire: Daryl Harper (Australia)

Match referee: Jeff Crowe (New Zealand)

Britney Spears 3 Lyrics and video

Posted by Shane On September - 29 - 2009ADD COMMENTS

The latest release of Britney spears album  ” The singles collection”  has all the best of Britney most favourite songs. The album contains 12  songs list.

The interesting part is  it has  3 new  songs . One of which is named as Britney Spears 3. The lyrics of the song and interesting  youtube video for the song: Britney Spears 3 video is updated below

1, 2, 3Britney-Spears-3
Not only you and me
Got one eighty degrees
And I’m caught in between
Countin’
1, 2, 3
Peter, Paul & Mary
Gettin’ down with 3P
Everybody loves ***
Countin’
Babe, pick a night
To come out and play
If it’s alright
What do you say?
Merrier the more
Triple fun that way
Twister on the floor
What do you say?
Are – you in
Livin’ in sin is the new thing (yeah)
www.musicloversgroup.com
Are – you in
I am countin’!
1, 2, 3
Not only you and me
Got one eighty degrees
And I’m caught in between
Countin’
1, 2, 3
Peter, Paul & Mary
Gettin’ down with 3P
Everybody loves ***
Countin’
Three is a charm
Two is not the same
I don’t see the harm
So are you game?
Lets’ make a team
Make ‘em say my name
Lovin’ the extreme
Now are you game?
Are – you in
Livin’ in sin is the new thing
Are – you in
I am countin’!
1, 2, 3
Not only you and me
Got one eighty degrees
And I’m caught in between
Countin’
1, 2, 3
Peter, Paul & Mary
Gettin’ down with 3P
Everybody loves ***
What we do is innocent
Just for fun and nothin’ meant
If you don’t like the company
Let’s just do it you and me
You and me
Or three
Or four
On the floor

Song Information

Released September 29, 2009
Recorded 2009
Length 3:33
Label Jive
Writers Max Martin, Shellback, Tiffany Amber
Producer Max Martin

Entourage Season 6 Episode 11

Posted by Shane On September - 27 - 20091 COMMENT

Entourage Season 6 Episode 7For those  Entourage lovers , if your sad for the end of  Season 6 episode 10 , then here is great deal for you. Entourage Season 6 episode 11 is to be  aired this 27 september, with an exciting new twist.

Entourage , is a best running comedy series on the television.Entourage Season 6 Episode 11 is entitled “Scared Straight”.

This new  HBO  flicker has again roused the amount of entertaining tension across the fans. This is  what is  going to happen in the upcoming series, Eric had some bad news regarding his latest fling from Drama. Terrance is selling his share of the agency to Ari. On the other hand, Drama gives the best emotions in her performance on a certain audition. Mark your calendars regarding the airing date of this much anticipated episode guys. Watch Entourage Scared Straight season 6 episode 11.

This is one of the best that cannot be missed. Have a close watch friends.

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