Tuesday, May 03, 2005

Prisoner # 5524, Rene Rivkin aka R Squared, convicted of one account of insider trading, October 2003. Up for parole in 5 years.
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News Flash, Sunday 9pm : flamboyant stockbroker Rene Rivkin dies at age 61 committing suicide at this mother's home.
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Woah, I was so shocked by Rene Rivkin's death. Sure when I saw him on "Enough Rope" two years ago he didn't look so optimistic but I figured he was just being sarcastic. He did the crime - insider trading of 50,000 QANTAS Shares - but to convict him and send him to prison/weekend detention? That's too much. And to go out like this? That's cold. Dude had everything one could wish for - nice home, mega-successful business, big rep, blinged out, cigar smoking-million dollar boat. And then it was all taken away from him because ASIC wanted to make an example for being a high profile insider trader.

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Been thinking lately, what defines our generation? Marketing people or socialologists or whoever have labelled people born between 1980-2000 as generation Y. But what links us? What has influenced who we are?

If you ask me, we are a generation that's grown up watching reality TV, headphone wearing, mobile phone culture. We are probably more culturally aware and multiculturally diverse than our previous generation. We are a generation that's lived through and watched the 9/11 disaster as it unravelled in real time, successive wars in the Middle East, been through world economic meltdowns (the Asian crisis, dot-com busts) and seen the rise and fall of the Chicago Bulls.

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I-POD + BROADCAST = PODCASTING

I've been downloading a lot of podcasts lately on to my I-POD. To put it simply, podcasting is awesome. Its simply being able to go to a website and finding some music that you like and select the format you want to download it. Its like instant radio. You can listen to it immediately without saving it (streaming) or the other format is to just straight up download it onto my comp and then transfer it to my i-pod. Lately the grand theft auto mixtapes are in heavy rotation.

Will podcasts make everyone instant DJ's? Will it lead to the demise of radio? Who knows. The ability to tailor music to specific audiences and move away from the commerical formulas of radio are cool and give more power to the people. Through i-tunes i've also been able to listen to radio from the US as well. I think soon, you'll see me podcasting on my blog - exclusive dj ho podcasts.

1 comment:

nayfon said...

insider trading is stealing...he got off lightly with weekend detention. Others have served real gaoltime...