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All Time Top Passwords

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From the moment people started using passwords, it didn’t take long to realize how many people picked the very same passwords over and over. To give you some insight into how predictable humans are, the following is a list of the 500 most common passwords. If you see your password on this list, please change it immediately. Keep in mind that every password listed here has been used by at least hundreds if not thousands of other people.

Password

Source: Perfect Passwords, Mark Burnett 2005

There are some interesting passwords on this list that show how people try to be clever, but even human cleverness is predictable. For example, look at these passwords that I found interesting:

ncc1701 The ship number for the Starship Enterprise
thx1138 The name of George Lucas’s first movie, a 1971 remake of an earlier student project
qazwsx Follows a simple pattern when typed on a typical keyboard
666666 Six sixes
7777777 Seven sevens
ou812 The title of a 1988 Van Halen album
8675309 The number mentioned in the 1982 Tommy Tutone song. The song supposedly caused an epidemic of people dialing 867- 5309 and asking for “Jenny”

“…Approximately one out of every nine people uses at least one password on the list shown in Table 9.1! And one out of every 50 people uses one of the top 20 worst passwords..”

Written by Achal Kapoor

March 20, 2009 at 9:26 am

Posted in General

Lahore brings back memories of Munich ’72

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The attack on the Sri Lankan Cricket team was the first directly targeting sportspersons since the 1972 Munich Olympics, when Palestinian Black September terrorists took hostage and murdered 7 Israeli athletes, their four coaches and a German police officer accompanying them.

The 1972 Munich massacre is the biggest black mark in the history of Olympics. Never before or after has such a violent incident rocked th
e biggest sporting stage of the world.

On September 5, about 4.30 in the morning, eight terrorists owing allegiance to the Palestinian group, Black September, entered the dormitory of Israeli athletes.

To reach there, they climbed over a two-metre high fence. They wore tracksuits and carried pistols and AK-47 rifles in duffel bags. Around 5 am, they killed two Israeli athletes and took nine hostages.

The number would have been higher but for wrestling referee Yossef Gutfreund who spotted the terrorists, screamed and helped some athletes escape.

The terrorists demanded the release and safe passage of 234 Palestinians and non-Arabs jailed in Israel, along with two Germans held in local prison: Andreas Baader and Ulrike Meinhof, founders of the German Red Army Faction.

German authorities made efforts to negotiate directly with the kidnappers. They offered an unlimited amount of money but the offer was refused.

The hours that followed were full of nail-biting suspense. German authorities arranged for the kidnappers to be taken to a NATO air base at Firstenfeldbruck. Sharpshooters were put on alert with orders to kill all the kidnappers without harming the hostages.

But the rescue plan failed horribly. The authorities came to know only at the last moment that there were eight and not five terrorists as they had thought earlier. In the ensuing fight, all the hostages and five terrorists were killed. Three terrorists were captured alive.

In a sense, the attack signalled the end of innocence in the world of sport. The Games carried on. But Olympics were never the same again.

In 1999, One Day in September, an Oscar-winning British documentary, recreated the event. In 2005, director Steven Spielberg made Munich that captured the process of tracking and hunting down of the planners of the attack.

Written by Achal Kapoor

March 4, 2009 at 4:14 am

Posted in General

2009 Oscar scorecard

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Complete list of nominees for the 81st annual Academy Awards.

'Slumdog Millionaire'

BEST PICTURE
“The Curious Case of Benjamin Button”
“Frost/Nixon”
“Milk”
“The Reader”
“Slumdog Millionaire”

BEST ACTRESS
Anne Hathaway, “Rachel Getting Married”
Angelina Jolie, “Changeling”
Melissa Leo, “Frozen River”
Meryl Streep, “Doubt”
Kate Winslet, “The Reader”

BEST ACTOR
Frank Langella, “Frost/Nixon”
Sean Penn, “Milk”
Brad Pitt, “The Curious Case of Benjamin Button”
Mickey Rourke, “The Wrestler”
Richard Jenkins, “The Visitor”

BEST SUPPORTING ACTRESS
Amy Adams, “Doubt”
Penelope Cruz, “Vicky Cristina Barcelona”
Viola Davis, “Doubt”
Taraji P. Henson, “The Curious Case of Benjamin Button”
Marisa Tomei, “The Wrestler”

BEST SUPPORTING ACTOR
Josh Brolin, “Milk”
Robert Downey Jr., “Tropic Thunder”
Philip Seymour Hoffman, “Doubt”
Heath Ledger, “The Dark Knight”
Michael Shannon, “Revolutionary Road”

BEST DIRECTOR
Danny Boyle, “Slumdog Millionaire”
Stephen Daldry, “The Reader”
David Fincher, “The Curious Case of Benjamin Button”
Ron Howard, “Frost/Nixon”
Gus Van Sant, “Milk”

BEST ORIGINAL SCREENPLAY
Dustin Lance Black, “Milk”
Courtney Hunt, “Frozen River”
Mike Leigh, “Happy-Go-Lucky”
Martin McDonagh, “In Bruges”
Andrew Stanton, and Jim Reardon; original story by Stanton and Pete Docter“WALL-E”

BEST ADAPTED SCREENPLAY
Simon Beaufoy, “Slumdog Millionaire”
David Hare, “The Reader”
Peter Morgan, “Frost/Nixon”
John Patrick Shanley, “Doubt”
Eric Roth, Robin Swicord, “The Curious Case of Benjamin Button”

BEST FOREIGN LANGUAGE FILM
“The Baader-Meinhof Complex” (Germany)
“The Class” (France)
“Departures” (Japan)
“Revanche” (Austria)
“Waltz with Bashir” (Israel)

BEST ANIMATED FILM
“Bolt”
“Kung Fu Panda”
“WALL-E”

BEST ART DIRECTION
“Changeling”
“The Curious Case Of Benjamin Button”
“The Dark Knight”
“The Duchess”
“Revolutionary Road”

BEST CINEMATOGRAPHY
“Changeling” Tom Stern
“Slumdog Millionaire,” Anthony Dod Mantle
“The Reader,” Chris Menges
“The Curious Case Of Benjamin Button,” Claudio Miranda
“The Dark Knight,” Wally Pfister

BEST FILM EDITING
“The Curious Case of Benjamin Button,” Kirk Baxter, Angus Wall
“The Dark Knight,” Lee Smith
“Frost/Nixon,” Daniel P. Hanley, Mike Hill
“Milk,” Elliot Graham
“Slumdog Millionaire,” Chris Dickens

BEST COSTUME DESIGN
“Australia,” Catherine Martin
“The Curious Case Of Benjamin Button,” Jacqueline West
“The Duchess,” Michael O’Conner
“Milk”, Danny Glicker
“Revolutionary Road,” Albert Wolsky

BEST DOCUMENTARY FEATURE
“The Betrayal (Nerakhoon)”
“Encounters at the End of the World”
“The Garden”
“Man on Wire”
“Trouble the Water”

BEST ORIGINAL SONG

“Slumdog Millionaire,” “Jai Ho”
“Slumdog Millionaire,” “O Saya”
“WALL-E,” “Down To Earth”

BEST ORIGINAL SCORE
“The Curious Case Of Benjamin Button,” Alexandre Desplat
“Defiance,” James Newton Howard
“Milk,” Danny Elfman
“Slumdog Millionaire,” A.R. Rahman
“WALL-E,” Thomas Newman

BEST MAKEUP
“The Curious Case of Benjamin Button,”
“The Dark Knight,”
“Hellboy II: The Golden Army,”

BEST SOUND EDITING
“The Dark Knight”
“Iron Man”
“Slumdog Millionaire”
“WALL-E”
“Wanted”

BEST SOUND MIXING
“The Curious Case of Benjamin Button”
“The Dark Knight”
“Slumdog Millionaire”
“WALL-E”
“Wanted”

BEST VISUAL EFFECTS
“The Curious Case of Benjamin Button”
“The Dark Knight”
“Iron Man”

BEST LIVE ACTION SHORT FILM
“Auf der Strecke (On the Line)”
“Manon on the Asphalt”
“New Boy”
“The Pig”
“Spielzeugland (Toyland)”

BEST ANIMATED SHORT FILM
“La Maison en Petits Cubes”
“Lavatory – Lovestory”
“Oktapodi”
“Presto”
“This Way Up”

BEST DOCUMENTARY SHORT FILM
“The Conscience of Nhem En”
“The Final Inch”
“Smile Pinki”
“The Witness – From the Balcony of Room 306”

Written by Achal Kapoor

January 23, 2009 at 5:01 am

Posted in Entertainment

Barack Obama’s inaugural address

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President Obama
President Obama’s address was full of soaring optimism but also seemed to criticize aspects of the administrations of both George W. Bush and Bill Clinton
My fellow citizens:

I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the generosity and cooperation he has shown throughout this transition.

Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because We the People have remained faithful to the ideals of our forbearers, and true to our founding documents.

So it has been. So it must be with this generation of Americans.

That we are in the midst of crisis is now well understood. Our nation is at war, against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost; jobs shed; businesses shuttered. Our healthcare is too costly; our schools fail too many; and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.

These are the indicators of crisis, subject to data and statistics. Less measurable but no less profound is a sapping of confidence across our land — a nagging fear that America’s decline is inevitable, and that the next generation must lower its sights.

Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America — they will be met.

On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.

On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas, that for far too long have strangled our politics.

We remain a young nation, but in the words of Scripture, the time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the God-given promise that all are equal, all are free, and all deserve a chance to pursue their full measure of happiness.

In reaffirming the greatness of our nation, we understand that greatness is never a given. It must be earned. Our journey has never been one of shortcuts or settling for less. It has not been the path for the faint-hearted — for those who prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk-takers, the doers, the makers of things — some celebrated, but more often men and women obscure in their labor, who have carried us up the long, rugged path towards prosperity and freedom.

For us, they packed up their few worldly possessions and traveled across oceans in search of a new life.

For us, they toiled in sweatshops and settled the West; endured the lash of the whip and plowed the hard earth.

For us, they fought and died, in places like Concord and Gettysburg; Normandy and Khe Sahn.

Time and again these men and women struggled and sacrificed and worked till their hands were raw so that we might live a better life. They saw America as bigger than the sum of our individual ambitions; greater than all the differences of birth or wealth or faction.

This is the journey we continue today. We remain the most prosperous, powerful nation on Earth. Our workers are no less productive than when this crisis began. Our minds are no less inventive, our goods and services no less needed than they were last week or last month or last year. Our capacity remains undiminished. But our time of standing pat, of protecting narrow interests and putting off unpleasant decisions — that time has surely passed. Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.

For everywhere we look, there is work to be done. The state of the economy calls for action, bold and swift, and we will act — not only to create new jobs, but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place, and wield technology’s wonders to raise healthcare’s quality and lower its cost. We will harness the sun and the winds and the soil to fuel our cars and run our factories. And we will transform our schools and colleges and universities to meet the demands of a new age. All this we can do. And all this we will do.

Now, there are some who question the scale of our ambitions — who suggest that our system cannot tolerate too many big plans. Their memories are short. For they have forgotten what this country has already done; what free men and women can achieve when imagination is joined to common purpose, and necessity to courage.

What the cynics fail to understand is that the ground has shifted beneath them — that the stale political arguments that have consumed us for so long no longer apply. The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. And those of us who manage the public’s dollars will be held to account – to spend wisely, reform bad habits, and do our business in the light of day — because only then can we restore the vital trust between a people and their government.

Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our Gross Domestic Product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good.

As for our common defense, we reject as false the choice between our safety and our ideals. Our Founding Fathers, faced with perils we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man, a charter expanded by the blood of generations. Those ideals still light the world, and we will not give them up for expedience’s sake. And so to all other peoples and governments who are watching today, from the grandest capitals to the small village where my father was born: know that America is a friend of each nation and every man, woman, and child who seeks a future of peace and dignity, and that we are ready to lead once more.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

We are the keepers of this legacy. Guided by these principles once more, we can meet those new threats that demand even greater effort — even greater cooperation and understanding between nations. We will begin to responsibly leave Iraq to its people, and forge a hard-earned peace in Afghanistan. With old friends and former foes, we will work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet. We will not apologize for our way of life, nor will we waver in its defense, and for those who seek to advance their aims by inducing terror and slaughtering innocents, we say to you now that our spirit is stronger and cannot be broken; you cannot outlast us, and we will defeat you.

For we know that our patchwork heritage is a strength, not a weakness. We are a nation of Christians and Muslims, Jews and Hindus — and non-believers. We are shaped by every language and culture, drawn from every end of this Earth; and because we have tasted the bitter swill of civil war and segregation, and emerged from that dark chapter stronger and more united, we cannot help but believe that the old hatreds shall someday pass; that the lines of tribe shall soon dissolve; that as the world grows smaller, our common humanity shall reveal itself; and that America must play its role in ushering in a new era of peace.

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society’s ills on the West — know that your people will judge you on what you can build, not what you destroy. To those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history; but that we will extend a hand if you are willing to unclench your fist.

To the people of poor nations, we pledge to work alongside you to make your farms flourish and let clean waters flow; to nourish starved bodies and feed hungry minds. And to those nations like ours that enjoy relative plenty, we say we can no longer afford indifference to suffering outside our borders; nor can we consume the world’s resources without regard to effect. For the world has changed, and we must change with it.

As we consider the road that unfolds before us, we remember with humble gratitude those brave Americans who, at this very hour, patrol far-off deserts and distant mountains. They have something to tell us today, just as the fallen heroes who lie in Arlington whisper through the ages. We honor them not only because they are guardians of our liberty, but because they embody the spirit of service; a willingness to find meaning in something greater than themselves. And yet, at this moment — a moment that will define a generation — it is precisely this spirit that must inhabit us all.

For as much as government can do and must do, it is ultimately the faith and determination of the American people upon which this nation relies. It is the kindness to take in a stranger when the levees break, the selflessness of workers who would rather cut their hours than see a friend lose their job, which sees us through our darkest hours. It is the firefighter’s courage to storm a stairway filled with smoke, but also a parent’s willingness to nurture a child, that finally decides our fate.

Our challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends — hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism — these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths. What is required of us now is a new era of responsibility — a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character, than giving our all to a difficult task.

This is the price and the promise of citizenship.

This is the source of our confidence — the knowledge that God calls on us to shape an uncertain destiny.

This is the meaning of our liberty and our creed — why men and women and children of every race and every faith can join in celebration across this magnificent mall, and why a man whose father less than 60 years ago might not have been served at a local restaurant can now stand before you to take a most sacred oath.

So let us mark this day with remembrance, of who we are and how far we have traveled. In the year of America’s birth, in the coldest of months, a small band of patriots huddled by dying campfires on the shores of an icy river. The capital was abandoned. The enemy was advancing. The snow was stained with blood. At a moment when the outcome of our revolution was most in doubt, the father of our nation ordered these words be read to the people:

“Let it be told to the future world … that in the depth of winter, when nothing but hope and virtue could survive … that the city and the country, alarmed at one common danger, came forth to meet [it].”

America. In the face of our common dangers, in this winter of our hardship, let us remember these timeless words. With hope and virtue, let us brave once more the icy currents, and endure what storms may come. Let it be said by our children’s children that when we were tested we refused to let this journey end, that we did not turn back, nor did we falter; and with eyes fixed on the horizon and God’s grace upon us, we carried forth that great gift of freedom and delivered it safely to future generations.

God Bless You
God Bless United States of America
.

Written by Achal Kapoor

January 21, 2009 at 5:45 am

Posted in General

I don’t regret turning down Slumdog: SRK

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One week after the Golden Globes and Slumdog Millionaire, Shah Rukh Khan talks to BT about going to LA and walking on stage with lead actress

How different was the Golden Globes from our award shows?
The people are very gracious and are genuinely happy for each other’s success. In India we go to such functions only to collect our own awards and sneak away. There people stayed back and shared the happiness in the get-together.

Were you intimidated by Hollywood’s biggies?
No, I felt confident like always. Given a chance, I would have shown them some Bollywood pelvic movements!

What stopped you?
I don’t know how they would have taken it, they are not familiar with our humour, it would have been a little out of place.

How are Hollywood’s A-listers?
Usually I am very anti-social. But that night I was taken around and it was wonderful to meet everyone. People spoke very graciously about Bollywood. I am naturally shy of women, but when I saw Demi Moore, Kate Winslet, Drew Barrymore, Salma Hayek, Penelope Cruz and Jennifer Lopez, I must say… they are so beautiful! I was introduced to Mark Antony and Dustin Hoffman, too. There was Beyonce and Gerard Butler whom I know from before. Emma Thompson, who I know since the last three years, blew me a flying kiss.

You regret not accepting the role that Anil Kapoor played?
No. I know Danny felt bad about it. But he is such a good human being. And his love for India is something very special. After I saw the film, I thought Anil had done a fabulous job and deserves every bit of the
success.

Other roles that you refused (Lagaan, Munnabhai MBBS and now 3 idiots) went on to make big news…
There shouldn’t be any afterthought once a decision is made. Nobody could have done a better job than Sanjay Dutt in Munnabhai… Yes, I was keen to do Lagaan, but Ashutosh and I didn’t get a producer at that time. I wasn’t into production then. And I didn’t do 3 Idiots which Aamir is doing now. Looks like Aamir was destined to do both the roles. He is brilliant, no doubt. Everything isn’t made for me alone. God has given me enough, I’d better be happy and contented.

Freida Pinto and Shah Rukh Khan
Freida Pinto and Shah Rukh Khan.

Freida Pinto in hand to present Danny Boyle’s film on Mumbai with the prestigious award. “It was a historic moment and I felt proud to be an Indian,” said the actor who was introduced as the King of Bollywood and who…yes, had rejected the role in the film that subsequently went to Anil Kapoor!

Courtesy : TNN

Written by Achal Kapoor

January 20, 2009 at 3:52 am

Posted in Entertainment

Rab Ne Bana Di Jodi´ Grosses 180 Crores Worldwide!

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Rab Ne Bana Di Jodi, which released worldwide five weeks ago on December 12th 2008, has grossed a phenomenal Rs. 180 crores worldwide till date and has broken all previous box office records for Yash Raj Films, as well as become the highest-grossing Shahrukh Khan film till date.

The film was released at an extremely precarious time, just after the terror attacks in Mumbai on 26th November 2008. Amidst uncertain consumer sentiments and apprehensions from the trade regarding market conditions at the time, the film has achieved an unparalleled box office run against all odds. Moreover, the film had to further contend with the record-breaking onslaught of Ghajini on December 26th 2008, despite which it has continued unabated and endured a hugely successful run in its third, fourth and fifth weeks, and promises to carry on in the same vein going forward.

The total collections of Rab Ne Bana Di Jodi for the first five weeks in India are Rs. 83 crores net (i.e. gross collections of close to Rs. 140 crores). The film has thus surpassed Yash Raj Films’ previous highest grosser, Dhoom: 2, which collected Rs. 80.6 crores net across its entire run in India and is considered as one of the highest grossing films of all-time. Rab Ne Bana Di Jodi has also comfortably surpassed the collections of two of the biggest hits of the last 2 years, Singh is King and Om Shanti Om, and is now second only to Ghajini as regards all-time India net collections.

The total gross collections for all overseas markets are $8 Million (i.e. around Rs. 40 crores), making Rab Ne Bana Di Jodi the highest grossing film of the year in the overseas, ahead of both Ghajini and Singh is King. In the UK, Rab Ne Bana Di Jodi has grossed close to £1.5 million till date, which makes it the biggest hit of the last 2 years in this market. In the Middle East, Rab Ne Bana Di Jodi has grossed a staggering $2.25 million till date, making it the highest grossing film of all-time in this region by a huge margin. The film has also achieved a fabulous box office gross of $2.1 million till date in the USA. Rab Ne Bana Di Jodi has also enjoyed a grand box office performance across all other overseas markets, such as Australia, Europe, Africa, and Asia, and ranks as the highest grosser of the year across these regions.

Rab Ne Bana Di Jodi has evoked a sensational response from audiences all over the world, which is clearly reflected in its record-breaking collections, and continues to win hearts across the globe as it goes forward from strength to strength.

Courtesy : Planet Bollywood

Written by Achal Kapoor

January 17, 2009 at 9:03 am

Posted in Entertainment

The Worst Predictions About 2008

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Just about everybody got wrong-footed by 2008, but some people’s mistakes were truly spectacular

https://i0.wp.com/images.businessweek.com/story/08/600/1114_nyse.jpg

This new version of the “10 worst predictions about 2008” changes three of the 10 based on feedback from online readers. CNBC’s Jim Cramer and President Bush are still on the list, but with different predictions. Author Shelby Steele is off the list, replaced by a pair of BusinessWeek writers.

Here are some of the worst predictions that were made about 2008. Savor them—a crop like this doesn’t come along every year.

1. “A very powerful and durable rally is in the works. But it may need another couple of days to lift off. Hold the fort and keep the faith!” —Richard Band, editor, Profitable Investing Letter, Mar. 27, 2008

At the time of the prediction, the Dow Jones industrial average was at 12,300. By late December it was at 8,500.

2. AIG (AIG) “could have huge gains in the second quarter.” —Bijan Moazami, analyst, Friedman, Billings, Ramsey, May 9, 2008

AIG wound up losing $5 billion in that quarter and $25 billion in the next. It was taken over in September by the U.S. government, which will spend or lend $150 billion to keep it afloat.

3. “I think this is a case where Freddie Mac (FRE) and Fannie Mae (FNM) are fundamentally sound. They’re not in danger of going under…I think they are in good shape going forward.” —Barney Frank (D-Mass.), House Financial Services Committee chairman, July 14, 2008

Two months later, the government forced the mortgage giants into conservatorships and pledged to invest up to $100 billion in each.

4. “I’m not an economist but I do believe that we’re growing.” —President George W. Bush, in a July 15, 2008 press conference

Nope. Gross domestic product shrank at a 0.5% annual rate in the July-September quarter. On Dec. 1, the National Bureau of Economic Research declared that a recession had begun in December 2007.

5. “I think Bob Steel’s the one guy I trust to turn this bank around, which is why I’ve told you on weakness to buy Wachovia.” —Jim Cramer, CNBC commentator, Mar. 11, 2008

Two weeks later, Wachovia came within hours of failure as depositors fled. Steel eventually agreed to a takeover by Wells Fargo. Wachovia shares lost half their value from Sept. 15 to Dec. 29.

6. “Existing-Home Sales to Trend Up in 2008” —Headline of a National Association of Realtors press release, Dec. 9, 2007

On Dec. 23, 2008, the group said November sales were running at an annual rate of 4.5 million—down 11% from a year earlier—in the worst housing slump since the Depression.

7. “I think you’ll see [oil prices at] $150 a barrel by the end of the year” —T. Boone Pickens, June 20, 2008

Oil was then around $135 a barrel. By late December it was below $40.

8. “I expect there will be some failures. … I don’t anticipate any serious problems of that sort among the large internationally active banks that make up a very substantial part of our banking system.” —Ben Bernanke, Federal Reserve chairman, Feb. 28, 2008

In September, Washington Mutual became the largest financial institution in U.S. history to fail. Citigroup (C) needed an even bigger rescue in November.

9. “In today’s regulatory environment, it’s virtually impossible to violate rules.” —Bernard Madoff, money manager, Oct. 20, 2007

About a year later, Madoff—who once headed the Nasdaq Stock Market—told investigators he had cost his investors $50 billion in an alleged Ponzi scheme.

10. “There’s growing evidence that parts of the debt markets…are coming back to life.” —Peter Coy and Mara Der Hovanesian, BusinessWeek, Oct. 1, 2007.

Oops.

Coy is BusinessWeek‘s Economics editor.

Courtesy : BusinessWeek

Written by Achal Kapoor

January 2, 2009 at 6:54 am

Posted in Business

Abhinav Bindra wins gold medal in Men’s 10m Air Rifle

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(BEIJING, August 11) – India’s Abhinav Bindra won the gold medal in the Men’s 10m Air Rifle in Beijing on August 11 with an incredible performance in the final. Bindra shot a total score of 700.5.

India'a First Gold Medalist

India’a First Gold Medalist

China’s Zhu Qinan, gold medalist at Athens 2004, won the silver medal with a total score of 699.7.

The bronze medal was won by Finland’s Henri Hakkinen, who was leading the field after the qualification round, but was unable to hold off Bindra and Zhu in the final.

Source: en.beijing2008.cn

Written by Achal Kapoor

August 11, 2008 at 5:21 am

Posted in Sports

Punishment SMS from SRK to team

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That Shahrukh is a charmer, no one denies, but the best part about the man perhaps is that he manages to say just the right things in just the right way, without saying too much.

Amidst his team’s dismal performance in the DLF IPL and the reports of a rift in the camp, SRK sent an SMS to his Knights on Wednesday, which was inspirational and commanding at the same time.

King Khan’s SMS:

“Story time boys… I told you if you keep losing you have to bear with my long, boring msgs…. This is your punishment…. Many times I have made movies which don’t do well…. When I’m doing them, of course, I don’t know they won’t do well…. The story is written by somebody else and I just do my bit as an actor. But I have a way of dealing with flop stories, I try my best to keep my character in the film at a level that it makes a failed story also special for me….

I enjoy the work…. I make jokes about the failure…. And, of course, feel awful about it too…. So, right now, all of us have become part of a failed script… A bad IPL script…. Let’s try and keep our characters worthy of still looking back at this story and remembering it as a special story becos we all worked very hard at this….

So, chin up and don’t spoil yr character in the next two games…. Let’s go out with a bang and not a whimper…. In films, we say u r only as good as yr last film…. So let’s make the whole world know how good we r in the last (maybe not) two games…

Also, do ignore all this bit about Dada, me and John having issues…. It’s a normal thing in the world…. People like to hit you when u r down…. So, we will be hit…. No stress…. It will make us stronger…. The only way to avoid this is to win…. That’s one of the reasons why everybody likes to be a winner….

On the other hand, the beauty of failure is that it brings people together…. So, let’s stick this out together…. You know me well enuff to know I am not the kind of owner who has issues with the team ‘cos of losses… I am too much of a sport myself to get beaten by defeats…. Like you guys are…. Like Dada and John….

I am still trying to understand the code of conduct expected of me at the matches of the IPL…. ICC… etc…. After I understand it, I will decide whether to accept it or not…. Till such time, I will be with you guys at the hotel… in the meetings etc., but won’t come for the matches…. So, please don’t ever feel it is anything to do with us as a team….

I am as dedicated to my Knights as I am to my kids…. Only, I won’t be coming to the class room till the headmaster’s rules are understood by me…. I am a bit anti-establishment kind of a guy, so I apologise for this quirk to u all…. So, head’s up…. Have a good match and let’s make 200 runs tomorrow…. This 150 seems to not work any more.”

Written by Achal Kapoor

May 22, 2008 at 5:09 am

Posted in Entertainment

Shah Rukh Khan adjudged Best Actor at Nokia Star Screen Awards: photos

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Shah Rukh Khan was adjudged the Best Actor Award for his performance in Shimit Amin directed Chak De! India at the Nokia 14th Annual Star Screen Awards on Thursday, January 10, Mumbai.

In addition, Shah Rukh and Deepika Padukone were named the Best Pair on screen.


Shah Rukh recieves the award from Yash Raj Chopra and Rekha at the Nokia 14th Annual Star Screen Awards on Thursday, January 10, Mumbai.
Chak De! India also topped as the best film of the year from amidst a field that included Taare Zameen Par, Chak De India, Life…In a Metro, Om Shanti Om and Guru.

Shah Rukh Khan walks away with the Best Actor award for ‘Chak De! India’ (2007) at the Nokia 14th Annual Star Screen Awards on Thursday, January 10, Mumbai.
Shah Rukh Khan performed the Dard-e-Disco number from Om Shanti Om at the event.

Shah Rukh and Gauri Khan at the Nokia 14th Annual Star Screen Awards on Thursday, January 10, Mumbai.

Written by Achal Kapoor

January 11, 2008 at 8:08 am

Posted in Entertainment