Daily Archives: April 12, 2012

NASA Memory Lane (8)

On Apr 12, 1981.

STS-1 Launch
NASA – On April 12, 1981, astronauts John Young and Bob Crippen launched into space on space shuttle Columbia on the STS-1 mission–NASA’s first mission aboard a reusable spacecraft. STS-1 was NASA’s first manned mission since the Apollo-Soyuz Test Project in 1975.

In this image, the two solid rocket boosters are aglow after being jettisoned.


Romney’s ambitious agenda for first day in office wouldn’t be easy to achieve

By David A. Fahrenthold – It’s Jan. 20, 2013. This is the agenda for President Romney’s first day in office:

Demand that Congress cut corporate income taxes. Demand that Congress slash $20 billion from the budget.

Allow states to escape parts of the health-care law (if it still exists). Rewrite the way all federal regulations are issued. Call out China for cheating on international trade.

And somewhere in there find time for all the solemn rigmarole that actually makes a president a president. An oath. A speech. A parade. Some mandatory dancing. more> http://tinyurl.com/7jdm6da


Funding options wane as debt crisis intensifies

Development of balance sheet total of the Euro...

Development of balance sheet total of the Eurosystem (i.e., The European Central Bank and the central banks of the countries using the euro. Used on Kredietcrisis. To be updated regularly. Theoretically, this could be updated weekly, but I don't think I'll manage that. Data obtained from the ECB website, Statistical Data Warehouse, search query ILM.W.U2.C.T000.Z5.Z01. (Photo credit: Wikipedia)

By Kirsten Donovan – The latest escalation of the euro zone debt crisis, with Spain now taking centre stage, is closing funding markets for banks again.

“If you parked the ECB cash in government bonds then you’re losing money if you need to sell them to repay your own bondholders,” said Rabobank rate strategist Lyn Graham-Taylor.

“That has to worry banks. Effectively sovereigns and banks in Spain and Italy have become ever more closely tied together through the (ECB’s three-year tenders).” more> http://tinyurl.com/7sv48a2

Vuuch Makes Product Development Social

By Beth Stackpole – One of the more vocal candidates in the social field is Vuuch, which bills itself as an enterprise social software provider. In 2010, we reported on its adding of a social networking layer to traditional CAD, PLM, and desktop tools like Microsoft Word and Excel.

One of the most common reasons engineers are hesitant to apply social networking conventions to serious development work is they perceive a lot of what goes on in networks like Facebook (like “Friending”) as frivolous. Vuuch takes a different view of social relationships. It draws connections and keeps teams centered on discussions based on specific work deliverables, not person-to-person relationships. more> http://tinyurl.com/blp5jjm

What will it take for finance workers to report wrongdoing?

Employment Exhibition

Employment Exhibition
(Photo credit: Modern_Language_Center)

By Gary M. Stern – Turning a blind eye to the wrongdoing of colleagues has become the norm at many financial services firms. In fact, employees do not report 50% of observed misconduct. And even when unethical behavior is reported, 60% of managers said they’d only divulge information to a senior executive if the impact of the case exceeded $1 million, according to a 2011 study of 500,000 employees at 150 companies.

The improper conduct goes unreported because people “fear retaliatory action, including losing their job, failing to get promoted, failing to get a bonus,” explains Thomas Monahan, chairman and CEO of Corporate Executive Board. Many employees expect that the misconduct will be buried under the table and no action will be taken. more> http://tinyurl.com/bvbnrjx


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