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The Cody Blog: The Cody News (June 2, 2006)

Friday, June 02, 2006

The Cody News (June 2, 2006)

NASD Ends Case Against Quattrone

Published: June 2, 2006

Frank P. Quattrone, the most prominent banker in Silicon Valley during the 1990's technology boom, won a third major legal battle yesterday as securities industry regulators dropped all charges against him.

I couldn’t find there in the article just how many tens of millions of my tax dollars our fruitless government efforts at bringing criminals (whether that’s Quattrone or not I do not know but there was criminal misdeed done) to justice was wasted. Nothing irritates me more than these prosecutors who waste money and don’t get justice. As Andrew once asked me, and I now ask my assistants: “What business are we in?” (Andrew would tell you it’s the results business).

The Gauls at Home in Erin

Published: June 2, 2006

DUBLIN — This snug Irish capital might seem an unlikely destination for young French men and women. The weather would jar anyone from the Côte d'Azur. And the food is basically what the Michelin restaurant guide might consider a form of boiled stew.

Think Europe’s going to cause a World War III anytime soon with that kind of integration? Remind me again why we’re closing our borders to everybody?

Zaha Hadid: A Diva for the Digital Age

Published: June 2, 2006

ZAHA HADID has never built anything in New York. But to her followers around the world, that hardly matters. You can admire Renzo Piano's exquisite detailing or Frank Gehry's turbulent forms, but Ms. Hadid is architecture's diva, the most precocious talent in her profession.

Looks cool. I’m goin’.

At Duke, Coach K Avoids a Trap

Published: June 2, 2006

Typically a ubiquitous sermonizer on the choices young people make — from college to credit card to car — the Duke men's basketball coach, Mike Krzyzewski, has virtually gone underground since the charge made by an African-American woman that she was sexually assaulted by three white Duke lacrosse players while dancing at a team party March 13.

I happen to have a little bit different opinion of Mr. K and his reaming hundreds of student athletes for tens of millions of dollars to put into his own pocket. Why is it that Krzyzewski is the one making tens of millions of dollars in endorsements and salary while his students get some sort of BS education. Double entendre fully intended.

Which Bosses Really Care if Shares Rise?

Published: June 2, 2006
Investors should know how much the executive's wealth will rise if the stock goes up, and how much it will fall if the stock goes down.

We’re upset at CEO salaries, but not Krzyzewski's?


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