Apr 132019
 

Contrary to the public imagination, bankruptcy courts are not where businesses go to die. In fact, there is potential for creativity and rebirth in Chapter 11, the uniquely American law for corporate reorganizations.

“Most countries just liquidate companies,” said Richard Gitlin, a bankruptcy lawyer specializing in international debt restructurings who has worked with Mr. Alix in the past. “We are the best at restructuring the resources, taking the good part of the business, adding professional management and making it profitable.”
— Read on www.nytimes.com/2019/04/11/business/jay-alix-mckinsey-bankruptcy.html

*Really interesting article. The snippet above is just one of many interesting sections of this article.

Apr 132019
 

Here’s what’s going on: The Public Service Loan Forgiveness program is an administrative quagmire unlike nearly anything I’ve covered in a quarter-century as a journalist.
— Read on www.nytimes.com/2019/04/12/your-money/public-service-loan-forgiveness.html

Apr 132019
 

“I would give almost anything I have to reverse the course of my life in the last three years,” he said. He said he had agonized in a moral and mental struggle to come to terms with his own betrayals.

He lost his job at Columbia, NBC canceled his contract, and, along with others who had lied to the grand jury about their quiz show roles, he pleaded guilty to second-degree perjury, a misdemeanor, and received a suspended sentence.
— Read on www.nytimes.com/2019/04/10/obituaries/charles-van-doren-dead.html

Apr 132019
 

Silicon Valley has always been a lottery where immense wealth is secured by a few while everyone else must hope for better luck some other time. Rarely, however, has the disparity been on such stark display as with Uber. Its stock market value is expected to be about $100 billion, which would make it one of the richest Silicon Valley public offerings of all time.
— Read on www.nytimes.com/2019/04/12/technology/uber-driver-ipo.html

Apr 132019
 

Even after more than 30 years of suffering and contrition, he chose not to profit from a dishonorable deed.
— Read on www.nytimes.com/2019/04/12/opinion/charles-van-doren-trump.html

Apr 132019
 

The technique illustrates a phenomenon privacy advocates have long referred to as the “if you build it, they will come” principle — anytime a technology company creates a system that could be used in surveillance, law enforcement inevitably comes knocking.
— Read on www.nytimes.com/interactive/2019/04/13/us/google-location-tracking-police.html

Mar 042019
 

Bigger, Saltier, Heavier: Fast Food Since 1986 in 3 Simple Charts – The New York Times:

“The fat and salt content and the sheer size of fast food meals have long been a public health concern. They are often blamed for pushing up the obesity rate among adults in the United States, which rose to 40 percent in 2016 from 13 percent in the early 1960s.”

*40%!? WOW!