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Archive for December, 2008

Tax deduction

I wonder what valuation can you use if you donate CDO securities to non-profits.  If you can value it with 0 default, it might be worth more as a tax deduction…

Add comment December 28th, 2008

Gilt Groupe Membership Invite

Gilt Groupe is a members only discount site for designer clothes. I was able to grab a pair of Marc Jacob dress pants the other day for $88. It’s stuff is newer than Bluefly and typical discount is about 60% – 70%. Launched by the guys at Silicon Alley. I have a few invite left.

You cab get to the invites here http://www.gilt.com/invite/kv0

Add comment December 24th, 2008

Catherine Opie

Went to see Catherine Opie’s exhibition at the Guggenheim a few weeks ago. At first I wanted to see it because I read somewhere that her work is a lot like Nan Goldin. But I was amazed by this mid career survey that Catherine has many lines of work which are equally amazing.

Catherine starts her career with portrait. Unlike Golden, all her portrait are elaborately staged to create a very “in your face” effect. She almost exclusively uses large format cameras, adding a lot of details into her image, making them much much more powerful. She has a transition series in the style of Tina Barney. Her next set of work is on American cites and highway system, which Guggenheim managed to get a collection of 5 or 6 series. I can not imagine someone can make such a big transition in artistic style.

Amazing technique, amazing subjects. Can’t wait to see what comes next.

Add comment December 19th, 2008

Dear president bush

Dear president Bush

I would like to congratulation on your decision to consider using the 700 billion dollar originally allocated to stabalize the banking system to bail out the auto industry. There is nothing more delighted to see our government supporting philantropy at a time like this. I am a small business man in New York city, and I too run a money loosing business. My business model calls for me occasionally take our fine young tax paying female to suppport our local resturant, bars, florist, theater and other hard working merchants. But for some reason I don’t make any money on my business. That’s a shame because my business do support a lot of hard working americans who may loose their job otherwise. I am writing to you on behave of these good american tax paying citizens that you give me a bailout. To show some comitment, I’ll be taking my date on the subway instead of a cab. I will look forward to your check in the mail.


Add comment December 14th, 2008


December 2008
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