Walter Hutchens’ Blog

• As prelude to Jan term Hong Kong trip, I’ve decided to offer a semester-long Doing Business in China course Fall 2009. Content suggestions? #
• Fifth wedding anniversary. So far so good. :-) #
• I’ll join the AIG bonus pitchfork party, but let’s go after congress for the 90%, not just the looters who took 10% of that in bonuses. #
• AT&T no-contract iPhone ≠ an unlocked iPhone. They may let you pay ATT monthly, but I doubt it will work abroad, in US on other networks. #
• US failure to separate handset sales from sale of network services (phones from carriers) retards phone uptake so much. Asia much better. #
• Everybody REFI! Fed effort to re-inflate bubble w/trillion bond buy will push mortgage rates down, but then infltn will return, rates climb. #
• Is Humpty Dumpty the right allegory for this economic crisis? All the king’s horses & all the king’s men . . . #
• Re “sanctity of contract” argument on AIG bonuses: under that logic AIG & its counterparties should live w/ their deals, not get taxpayer $! #
• Spitzer on AIG bailout: http://www.slate.com/id/2213942/ Have a chuckle about him opining on “scandal,” then see if you don’t agree w/ him. #
• Is the AIG bonus bill the House passed today Constitutional? Nobody knows till its enacted as law, enforced, challenged & adjudicated. #
• But here’s some analysis: http://tinyurl.com/cz8ogc #
• Edubloggers use the phrase “network literacy.” Most of my colleagues and a surprising number of my students lack it, & we ain’t teaching it. #
• “We won’t resolve ? [whether AIG bonus Ks binding] by simply trading nebulous assertions and hysterical threats” http://tinyurl.com/a5p4pl #
• Reveal-all tale of how I spent my 5th wedding anniversary: http://tinyurl.com/dfgf6p #
• Blacked-eyed peas & ham! W/ sweet tea. SO good! Maggie my Chinese wife learned how to make all this! #
• Reading J Wink’s The Great Upheaval. Got me on edge of my seat re France 1792. Nice break from US economy. Puts CRISIS back in perspective. #
• Wish I could declare my law school loans “toxic” and have govt. partner w/ me to take them off my books. I’d be glad to put up 3-15%! #
• Actually, the French revolution may be more applicable than I thought. Crowds looking for AIG royals: http://tinyurl.com/dkcokd Not mobs YET #
• Bankruptcy my answer to “systemic risk” so I don’t agree w/Krugman remedy, but his take on Treas plan seems right: http://tinyurl.com/c9m5mx #
• Downloading Internet Explorer 8. Prob will stick w/Google’s Chrome, Mozilla’s Firefox or Apple’s Safari. Will I ever forgive them for Vista? #
• Happy to see So. Korea trouncing Venezuela in baseball if only b/c Chavez such a MOron. #
• NY Times last week on Twitter, Facebook or smartphone mistrials. Hmmm. http://tinyurl.com/c3qqat #

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