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22 February 2008

My Faves for Thursday, February 21, 2008

Quoted: Société Générale posts record loss on trading scandal, subprime exposure
The results followed the publication late Wednesday of an independent report that found that Société Générale had failed to follow up on at least 75 alerts raised by its risk control officers, compliance officers and accountants over the course of two years.

[tags: banking, france, business]

Quoted: An ancient martial art is helping ease the symptoms of Parkinson's disease for many patients.
Like Muhammad Ali and Michael J. Fox, 1.5 million Americans have Parkinson's. Doctors are more commonly prescribing alternative practices, such as Tai Chi and meditation, to patients, along with modern medicines.

[tags: pd]

Quoted: French inventor Guy Negre, who has promoted his plan for air-powered cars for decades without significant success, says he has finally secured backing from a major motor manufacturer. Negre's small family design firm MDI has announced a partnership agreement with Indian car giant Tata, and excited reports have it that air-driven cars could be on sale within a year.

Negre himself is slightly more circumspect, merely saying that he "is happy to conclude this agreement with Tata Motors and work together... to develop a new and cost-saving technology for various applications for the Indian market..."

[tags: mdi, france, automotive]

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In the computer business since 1962 - love IT.