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06.06.12

Links 6/6/2012: Steam for Linux in 2012, KDE 4.9 Beta 1

Posted in News Roundup at 6:05 pm by Dr. Roy Schestowitz

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Contents

GNU/Linux

Free Software/Open Source

Leftovers

  • Windows 8 success will initially depend on demand from North America, says JT Wang

    However, PCs based on Windows 8 are not expected to adopt entry-level pricing so the initial target markets will be developed economies where purchasing power is strong and users appreciate product innovation. Wang pointed to North America as being the key market, stating that Windows 8 needs to be as successful as Apple in the higher-end of the PC market.

  • Finance

    • The 2008 Meltdown And Where The Blame Falls

      Armageddon was threatening the financial system on Wednesday, September 17, 2008. The largest bankruptcy in American history, that of investment bank Lehman Brothers on Monday, September 15, had roiled global markets, accelerating the stupendous decline in values of every possible investment vehicle– common stocks, corporate bonds, real estate, commodities like oil, copper and gold, private equity and hedge funds alike. In the midst of the chaos Merrill Lynch, the firm that had brought Wall Street to Main Street, was absorbed in a shotgun marriage by Bank of America.

      [...]

      And later another $100 billion, still not paid back to Uncle Sam.

    • Grading Goldman’s Charm Offensive
    • Rajat Gupta, Former Goldman Sachs Director, Hears CEO’s Testimony At Insider Trading Trial
    • Wall Street’s (Other) Great Deleveraging

      Wall Street has good reason to be rattled by the news that Goldman Sachs laid off senior personnel, including managing directors, last week. It is likely the beginning of a new kind of deleveraging that will occur at every major Wall Street firm.

      It’s well known that Wall Street has been forced by markets and regulators to delever in the wake of the financial crisis. For the most part, this has been a matter of financial deleveraging: reducing debt to capital ratios, reducing dependence on short-term debt, reducing compensation (especially bonuses) to revenue ratios.

  • PR/AstroTurf/Lobbying

  • Intellectual Monopolies

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