Archive for September, 2007

Is NOVA good as dead? at Japan Economy News & Blog - Bank of Japan, Ministry of Finance, Ministry of Trade, Economy and Industry

Thursday, September 27th, 2007

NOVA was late paying their staff last month and that the company issued a 750 million yen corporate bond at the beginning of August, which I assumed gave it the cash to pay instructors this month (which was the 15th or 20th - could someone confirm for me?). My own estimates put their foreign staff payroll in the range of 910-1040 million yen per month, so with some cash lying around, it seems they just managed to squeak by this month.

Is NOVA good as dead? at Japan Economy News & Blog - Bank of Japan, Ministry of Finance, Ministry of Trade, Economy and Industry

Gone, baby, gone.  So sorry for the teachers at Nova, but so glad the poor business practices have finally failed.

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Radar fails in Memphis; hundreds of flights affected - CNN.com

Wednesday, September 26th, 2007

The malfunction, which occurred inside a telephone company’s switching office, made it impossible for air controllers at FAA’s Memphis Center to communicate normally with adjoining centers to hand off control of flights,

Radar fails in Memphis; hundreds of flights affected - CNN.com

I find it interesting the article keeps the “telephone company” anonymous.   If the phone company were to be outed, certainly the article would provide a bit of (bad) publicity.

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Thank you, Alan Greenspan!

Wednesday, September 26th, 2007

David Shuster looks at Greenspan’s “revelation” that the occupation of Iraq was all about the oil.

Crooks and Liars » Shuster on Hardball: Blood for Oil

I hope the video stays available on the site. 

Also

AMERICA’s elder statesman of finance, Alan Greenspan, has shaken the White House by declaring that the prime motive for the war in Iraq was oil.

Alan Greenspan claims Iraq war was really for oil - Times Online

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The Hindu News Update Service

Wednesday, September 26th, 2007

We should explore the possibility of generating electric power through single cycle fusion process using Helium-3 on the moon,” Kalam said.The former president, who led India’s successful missile programme, said energy production through fossil fuel generates 30 billion tonnes of CO2 annually and countries should look for cleaner energy.

The Hindu News Update Service

http://ma.gnolia.com/badoscici

I quoted above the part with which I agree most.  I’m glad some world leaders are suggesting stuff like this.

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