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more-on-sun-free-advice-for-jonathon

I read the NY Times article on Jonathon Schwartz take-over at Sun. My concern is that Sun is going to the consumer market for an iPod-esque homerun product.

Mr. Schwartz contends that Java is the No. 1 driver of growth at Sun, ahead of Solaris, its operating system for corporate computers. "More teenagers recognize Java than they do Microsoft, because that is what they have in their pocket on their cellphone," he said in an interview on Tuesday. "Shame on me if I can't find a way to monetize that."

more-on-npv-and-aale

I had some requests for clarifications on my previous post about AALE and NPV. Hopefully this will clear up the issues.

end-of-an-era

Western Union Telegrams

banks-seek-tighter-security-from-vendors

According to today's WSJ, 6 big US banks and BITS will announce security standards for their vendors. This action shouldn't come as a surprise, since the banks are essentially following in the footsteps of VISA and Mastercard and their CISP/PCI standards that attempt to secure the credit card industry - especially since the banks own VISA and Mastercard.

more-on-low-frequency-high-impact-events

Adam's post yesterday on the agency problem got me thinking more about low-frequency, high-impact events and their predictability. His post was about Bear Stearns and how employees lost money. The interesting point for me was that those are the people that should have been in the best position to know that the potential for a high-impact event was increasing.

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