licentious radio

Sunday, June 23, 2002
[4:59:50 PM]

In response to popular demand, here is the explanation of the coming type boom. Typeface creators: Get your bank accounts ready to handle more 0s at the end of your checks!

[4:17:44 PM]

Radio as Content Disposal System: Only a desparado will search for content by clicking the calendar. I know, because I watch the logs.... All this cool stuff I (we) write and point to becomes completely inaccessible after seven days.

[3:38:13 PM]

Wishful thinking [washingtonpost.com]: "He was a terrorist, but you are not a terrorist," Jabarin said he replied, pleading with troops not to damage the building and its contents. "You are a soldier . . . and this is a hospital."

[3:27:24 PM]

Of Lies and Oil [counterpunch.org]: For example, that the war in Afghanistan was being planned well before 9-11. This has now come out, and the Administration has admitted it.

[12:33:52 PM]

The Evil Dick Cheney [democraticunderground.com].

[11:41:24 AM]

Incredible! Enron stole 500 MILLION DOLLARS from California, in ONE DAY!

I want Dick Cheney's head NOW. Lock these thieves in that Afghan dungeon, and let them out when hell freezes over.

New York Times:

One former executive recounted how Enron traders made close to $500 million on a single day in the summer of 2000, after a natural gas pipeline burst near Carlsbad, N.M., and market prices spiked.

"Now for Enron, the situation in California had little impact on fourth-quarter results," Mr. Skilling told Wall Street analysts on a Jan. 22, 2001, conference call. "Let me repeat that. For Enron, the situation in California had little impact on fourth-quarter results." He explained that because Enron did not own power plants in California, the company did "not invite the same accusations the generators have faced regarding excessive profits."

Several high-ranking Enron executives said that the company began using reserves to "smooth" or "manage" earnings growth as early as 1998, when energy price spikes in the Midwest brought traders unwanted scrutiny.

Patrick Dorton, a spokesman for Andersen, said the firm did not engage in any wrongdoing. "Andersen auditors would never, under any circumstances, tolerate an arrangement intended to manage earnings," he said. "Not in this situation, or any other, did that happen."

The Enron Corporation used undisclosed reserves to keep as much as $1.5 billion in trading profits off its books during the California energy crisis, according to six former managers and executives who handled or reviewed the accounts.