jpmattia

75 ms·

691.
by jpmattia 13y ago
> No, the balance sheet is still positive because the debt owed to the bank is an asset of the bank. This is independent of whether the debt is secured by collateral. Not always true. For non-recourse loans, the value never exceeds the
692.
by jpmattia 13y ago
> Banks loan without collateral all the time, such as via credit cards or unsecured lines of credit. Yes, I was avoiding that can of worms. Banks do unsecured lending, there is still an asset entry to offset it so that the books remai
693.
by jpmattia 13y ago
> One theory is that Mt. Gox became fractional reserve some time in the past, either by losing bitcoins or by spending them. Maybe pedantic, but many people have been using fractional reserve wrt Mt Gox lately. The usual meaning of
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by jpmattia 13y ago
> The above sentence shows that the author -- and most readers -- miss the single most important thing about cohort studies -- which is that they can't distinguish causes from effects. Even that sentence needs work: They can&#x27
695.
by jpmattia 13y ago
> Is there evidence that this problem actually exists? and later on: > but it's ultimately a boring business that sells routers. The use of the word "boring" should answer your question. There was a time in the valley
696.
by jpmattia 13y ago
Is this the franchise tax that depends on the assets of the company? The one where the registered agents routinely send estimated payments invoices with assumptions far in excess of the actual taxes? Excuse my tinfoil hattery, but I have t
697.
by jpmattia 13y ago
Not mentioned in the story (or comments yet): You can see the SR-71 at the Smithsonian out by Dulles Airport, along with a shuttle and a huge array of other hardware. Very cool if you're into that sort of thing. http://air
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by jpmattia 13y ago
> and politely declined citing that bitcoin is an anonymous currency. I wonder if he still believes that today.
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by jpmattia 13y ago
> Well it presumably helps the donor and his family. Only in some ways. Folks definitely know they are legacy admits, and it wasn't clear to me that the resulting college experience helped either the donor or the family compared
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by jpmattia 13y ago
> Isn't the purpose of these donations to help your children, and their children, to get into the school? There is certainly a subset that thinks like that. "Legacy" admission to a top tier school is probably not doing
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by jpmattia 13y ago
> Google should fire whoever inside their organization enabled you to run this scam for longer than a month. From the post, it sounds like Google is itself running this "scam": > FTA: I don’t know whether we got kicked ou
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by jpmattia 13y ago
Yes, exactly.
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by jpmattia 13y ago
> Woz: And when Jobs (in the movie, but really a board does this) denied stock to the early garage team (some not even shown) I'm surprised that they chose not to show me giving about $10M of my own stock to them because it was th
704.
by jpmattia 13y ago
> Asimov [predicting the future]: The lucky few who can be involved in creative work of any sort will be the true elite of mankind, for they alone will do more than serve a machine. The article says he got this wrong. I'm not so
705.
by jpmattia 13y ago
It might instead be a sign that Rackspace is a public company, and that Barrons doesn't bother much with privately owned businesses since their audience can't invest.
706.
by jpmattia 13y ago
From the submitter title: > (Tracking always?) Looks like submitter missed this in the post: Of course, those who prefer to authorize image display on a per message basis can choose the option “Ask before displaying external images” und
707.
by jpmattia 13y ago
> And another to keep your millions. You can bury it, put it in a safe, or keep it in a secure storage in a safe. Not for daily use. It's worth noting what happens in the real world: Most folks do not store their own. They inste
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by jpmattia 13y ago
> For the first three years you make no money, but the forth you make a million. You'll be taxed at a much higher rate than if you had made a consistent 250k a year. Ancient History Item: Before the tax reform act in 1987, you ha
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by jpmattia 13y ago
> “Once they went public, they started looking at the finances" Boy does that speak volumes about their IPO process.
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by jpmattia 13y ago
> From the judges order: Nothing in the ‘073 patent evinces an inventive idea beyond the idea of the patent holder to be the first to patent the computerization of a fundamental process that has occurred all through human history."
711.
by jpmattia 13y ago
> I'm sure it's completely unrelated I'm less sure. Does RTM frequent these boards? His father authored the relevant unix manual IIRC (they used to be a bunch of binders above a unix hackers desk usually shipped from wh
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by jpmattia 13y ago
I remember shouting at my computer 25 years ago, as someone who had to clean up. Glad to hear he went on to good things though.
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by jpmattia 13y ago
It looks like TC didn't look at the table in the S-1 correctly: http://edgar.sec.gov/Archives/edgar/data/1418091/00011931251... (top of page 154) That page + the "Several of the company’s dire
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by jpmattia 13y ago
> Something COTS? Probably outside of the transmission/receiver. Choosing a conventional speed allows them to use plenty of off-the-shelf electronics (FEC chips, etc) and then focus on the transmission.
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by jpmattia 13y ago
> new money I'd love to see that carefully defined.
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by jpmattia 13y ago
> Around 1980, when the news media took notice of hackers, Some context from ancient history: When I arrived at MIT in 1982, there was a glossary in a book given out during orientation (How To GAMIT) with defintions of "Hack&quot
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by jpmattia 13y ago
> Because, in some respects, C-corps would then become more like S-corps, in that a significant amount of untaxed income would flow through as dividends to shareholders where it would now be taxed at the normal income rate. Some respec
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by jpmattia 13y ago
> so the money supply hasn't increased. The money supply has indeed increased: http://research.stlouisfed.org/fred2/series/M2/ Perhaps you are thinking about monetary velocity, which is decreasing:
719.
by jpmattia 13y ago
Most of the answers will be variants of: Payment processors have to pay interchange, and then will mark it up. The question arises: Why are the interchange fees immune to competition?
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by jpmattia 13y ago
> Is there another possible explanation? Other elements in the cost of living do not scale the same as housing, so you can expend more of your median salary bidding up the real estate.

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