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...Never quit and never declare victory too soon. And don't try to kid yourself." -On his guiding philosophy. (Automotive News...
...very least, the PPIP plan probably means that the proposed accounting change, which could be enacted as soon as the next few weeks, to mark-to-market rules has to happen. But even with the rule change, banks are still probably going to need more money the government in order to make the PPIP plan a success...
...Dear soon-to-be-departing seniors...
Rumor has it that Harvard will soon unveil the identity of this year's commencement speaker. So while Harvard officials remain tight-lipped, Flyby has put together a list of who not to cross your fingers for. Commencement would-be horrors after the jump...
According to his paperwork, "Dmitri" spent several weeks in a psychiatric institution in the Arkhangelsk region in northern Russia and, soon after, he was finally diagnosed with a mild mental illness. He won't say what the diagnosis actually is; the important thing for him is that the general finding is stamped across his identification papers. It prevents him from ever getting a job in the Russian government. But more importantly for Dmitri, that medical certification prevents him from being drafted into the army...