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27 novembre Nov 26, 2008 - Sad, Scary DayDay before thanksgiving, but I dont feel like giving thanks to anyone.... the city of my birth is under attack and its been 24 hours and still it continues to live under a threat. I have never heard of such brazen shooting, makes me think have we made any progress in getting rid of these terrorists at all?????
2 wars, 911, stricter laws, diplomatic strides.... nothing!
They have striked the very heart of mumbai - Taj, Oberoi, VT, Metro.... and we just sit here in front of the TV like dodos. Steps have to be taken, as a friend said - we dont need to bounce back.. but remember this and make sure it doesnt happen again. I am still in shock and motionless... I went to dance show last night but I couldnt get over this feeling of anger and despair... I am having a hard time sleeping, they are everywhere and how are we going to handle this...
Some information from SAJA regarding the targets that were hit yesterday:
Suketu Mehta's "Maximum City: Mumbai Lost & Found" [more on the book at SuketuMehta.com] is essential reading for anyone who wants to understand the city. During one of our webcasts after the Mumbai attacks, Mehta read out two sections that featured places and people that happened to be involved in the events of today. One about the Taj Mahal Hotel, and the other about one of the officers killed during the attacks.
About the Taj Mahal Hotel (from the 'Powertoni' chapter)
The people I meet who are seeking position or money in Bombay often use this one hotel, this one citadel of Empire, as a mark or measure of their progress upward through the strata of Bombay. The Taj was born out of a slight; because a man was turned away from a fancy hotel. When the prominent Parsi industrialist Jamshetji Tata was refused entrance into Watson's Hotel in the nineteenth century because he was a native, he swore revenge, and built the massive Taj in 1903, which outshone Watson's in every department. It is less a hotel than a proving-ground for the ego. The Taj lobby and its adjoining toilets are where you test your self-worth; theoretically, anyone can come in out of the heat and sit in the plush lobby, on the ornate sofas, amidst the billionaire Arabs and the society ladies, or relieve themselves in the gleaming toilets. But you need that inner confidence to project to the numerous gatekeepers, the toilet attendants; you need to first convince yourself that you belong there, in order to convince others that you do. And then you realize that the most forbidding gatekeeper is within you. Excerpts from the section about Vijay Salaskar, one of the policemen who were killed, and Mumbai's top 'encounter' cop (From the 'Number Two After Scotland Yard' chapter):
Naeem Husain, the crime reporter for one of the leading Bombay dailies, is to meet with Assistant Police Inspector Vijay Salaskar, the top "encounter specialist" of the Bombay police. He takes me along. Salaskar's office is in a little hut all the way in the back of Nagpada Police Station... He seems curiously gentle for Bombay's top encounter cop; he has the demeanor of a middle-class Maharashtrian engineer. But he has almost single-handedly wiped out the Gawli gang, killed five of their top shooters. This is why, says Husain, "Salaskar allegedly has links to Shakeel." Every senior police officer has these alleged links, even Ajay. The gangs watch the record of individual policemen jealously: is he shooting more men of the D-company? Then he must be a Chotta Rajan man. Is he killing off the Gawli boys? Then he must be a Sena man. These rumors attach themselves to a person, and they are hard to shake; the only way to clear your name is to kill some people of the gang you allegedly have links to. Salaskar, when Husain asks him if he has specially targeted the Gawli gang, protests that he has killed Shakeel men, too.
Husain asks him how many encounters he's been involved in, and what kind of gun he uses.
The cop thinks. "Deaths... twenty." Salaskar brings a black leather pouch out of a cupboard, unzips it, and then I'm holding it in my hands. It is a six-shooter, and it has a brown handle and a steel barrel. It bears the logo "Titan Tiger", and, below it, ".38" and the provenance: "Miami, FL". On the handle is engraved a bearded Norse god. It looks like a prop in a Hollywood movie of the '50's. I stare down the barrel... Husain asks him if he had ever been in any kind of personal danger during an encounter. Never, he says. The trick was to fire on the targets "before retaliatory fire." He says that he or his men get very close to the target before firing. He is not a good marksman, he admits, but then he has never had to fire from a distance of more than 25 feet.
As Judge Aguiar wrote in his report on the recent encounter, "It is amazing that despite Sada Pawale having fired from a sophisticated weapon, namely, an AK‑56 which is capable of firing 600 rounds per minute and having an effective range of 300 meters, neither A.P.I. Salaskar nor P.S.I. Desai or any of the police officers, suffered any bullet injury... The police officers must surely bear a charmed life."
The gangs will never go after the policemen, says Salaskar, not even after a constable. "What you saw in "Satya" -- referring to a scene in a gangster movie in which a police commissioner is shot dead by the gangs -- only happens in the movies." He doesn't feel personally threatened. "I am fair. I know where the criminals' families are, but I never touch them."
Husain asks Salaskar about his family; he has a ten-year-old daughter.
"Do you want your children to join the police force?" The cop shakes his head emphatically no. Asia Society Fellow MIRA KAMDAR, author of Planet India: How the Fastest Growing Democracy is Transforming America and the World, has been reporting the story all day/evening and is available in New York.
"What has become apparent in this still unfolding story," she says, "is that this is an attack of historic proportions. Altogether, as many as ten different targets across the city, especially in the southern part of the city were hit in this complex, coordinated set of attacks by terrorists toting machine guns and lobbing grenades striking Mumbai's most famous and prestigious landmarks, including the Taj Mahal hotel, the Oberoi hotel, and the main railway station, Victoria Station. Hostages, including Western hostages and Americans, have it is believed been taken hostage...the first time in the history of terrorist attacks in India that Westerners--Americans and Britons--have been specifically sought out. Indian police and army units are attempting to retake the Taj and the Oberoi hotel. The Taj hotel is an iconic symbol of India and of Mumbai. A heretofore unheard of group, Deccan Mujahadeen is rumored to have taken responsibility. It's also important to note the series of attacks elsewhere in India over the past several months in Bangalore, Assam, Delhi, - a drumbeating. But the method--no longer just a car exploding but brazen hotel and hospital takeovers with police shootouts, with at least scores of attackers in the biggest attacks aimed at India's most symbolic monuments, in its financial capital, is unprecedented. The targeting of Westerners who are reportedly hostages at this point is certainly meant to get attention at the international level, as well as to panic foreign businessmen, diplomats and tourists."
Asia Society Fellow PRAMIT PAL CHAUDHURI, Senior Editor at the Hindustan Times, is coordinating coverage from Delhi.
One television cameraman he knows of, was shot taking video of terrorists running away in a hijacked police van. Like Mira, Pramit says these attacks are on a whole new scale, "arguably the most widespread and carefully coordinated such attacks since 9/11. The possibility of an Al Qaeda hand, combined with some local militant groups, cannot be ruled out: 1) the terrorists singled out American and British tourists, 2) they have taken Israelis hostages staying at a Jewish guesthouse, 3) attacking prominent hotels favoured by foreigners and 4) the modus operandi of surgical strikes by armed gunmen directly confronting soldiers is out of character with Indian Muslim radical groups. They have carried out anonymous attacks against specifically Indian targets, have tended to ignore foreigners and have never hit out at Jewish targets."
Asia Society Fellow SADANAND DHUME, author of My Friend the Fanatic, is in Delhi.
The main lesson, says Sadanand, “is that this is India's terrorism problem truly going global. India has been suffering from terrorism attacks particularly this year, but both the style and the scale of the current attack makes everything that’s passed before pale in comparison. What it really means is that the world will have to figure out how to deal with this new escalation and new tactics by Islamist terrorist organizations. So it's a game-changer for India but more importantly for the how the war on terror is fought worldwide. In addition, the timing, right after the Obama election, tells us that while it may not be an explicit reaction, it’s definitely a wakeup call for those of us who believed that the problem was only George Bush. These groups are motivated and have their own ideology, they are very committed and very organized. We can’t wish this problem away, and in the age of globalized terror, these terrorists are aware they're sending a message to the US and democratic capitalist societies in the West, underscored by their singling out of British and American tourists.
Asia Society India Centre Executive Director BUNTY CHAND is in Mumbai.
Asia Society in India is located in South Mumbai where most of the attacks took place. Bunty says "We are shocked and deeply concerned since these attacks were directed at the communities we live and work in. Obviously these attacks were meant to frighten and demoralize Mumbai, the financial capital of India. We hope the situation will resolve quickly and the city of Mumbai can return to normal as soon as possible. It is important to say that Mumbaikars can best serve the city by going back to business as usual; that said, with gunshots still going off in Mumbai, that may be premature."
Asia Society Associate Fellow SIMONE AHUJA, founder of Blood Orange Media based in Mumbai and Minneapolis, is also in Mumbai.
"People are on alert," Simone reports. "But what is remarkable is that trains are running today, Thursday morning, which is quite a statement for Mumbai. However, there are not a lot of commuters on the trains. This is something that has not happened before (after an attack). In the past, you would see people returning to their normal lives, going to work, to school - call it the spirit of Mumbai. But today that's not the case. There are very very few cars, rickshaws and taxis on the road. There's anxiety in the air." 23 novembre Clean bodies, Dirty mindsInteresting psychological experiment.. quite stunning results.
Cleanliness is next to godlessnessNov 20th 2008 Soaping away your outer dirt may lead to inner evilPUBLIC displays of untidiness, such as graffiti, may promote bad behaviour (see article), but when it comes to personal cleanliness the opposite appears to be true. A study just published in Psychological Science by Simone Schnall of the University of Plymouth and her colleagues shows that washing with soap and water makes people view unethical activities as more acceptable and reasonable than they would if they had not washed themselves. Dr Schnall’s study was inspired by some previous work of her own. She had found that when feelings of disgust are instilled in them beforehand, people make decisions which are more ethical than would otherwise be expected. She speculates that the reason for this is that feeling morally unclean (ie, disgusted) leads to feelings of moral wrongness and thus triggers increased ethical behaviour by instilling a desire to right the wrong. However, as the cleanliness and purification rituals found in many religions suggest, physical cleanliness, too, is linked to moral behaviour, so she decided to investigate this as well. Just in Time to Just in CaseFresh from The Economist, hoarding cash is the new fad for corporations to survive in this economy!
"Seldom has corporate strategy been turned on its head so quickly. Barely a year ago, cash was a dangerous thing to accumulate: activist investors stalked companies, urging boards to return it to investors, to pay special dividends or to buy back shares. Ever since the 1980s the fashion had been to make companies as lean as possible, outsourcing all but your core competencies, expanding your just-in-time supplier system around the globe, loading up with debt to "leverage" your balance-sheet. Now suddenly the guiding principle for managers everywhere is to gather up whatever cash they can find, and then do their damnedest to keep as much of it as possible for as long as possible. "Just in time" is giving way to "just in case". This reversal raises all sorts of immediate economic problems for politicians, but it also marks a profound change in modern management. In our cover leaderwe look at the consequences " Slumdog interviewI am dying to see this movie.. unfortunately its not in Hawaii yet so I will have to wait till I get to the mainland!
Here's an interview with Dev Patel.
Star Dev Patel discusses Danny Boyle's ("28 Days Later", "Trainspotting") latest film, "Slumdog Millionaire," which chronicles the spectacular rise of an Indian street kid's fame on a TV game show. Vermillion goes to NYCThis is so exciting, I am very fond of this restaurant and have been there many many times... :-)
RESTAURANT: Chicago's Vermilion comes to NYC (more)In a city full of terrific, high-end Indian restaurants - Devi, Tabla, Tamarind, among others - the first hint many New Yorkers had that yet another high-end eatery was coming to their town was when this note, accompanied by the e-mail invitation below (click to magnify), landed in in-boxes: Vermilion in Chicago is the best Indian restaurant I've eaten in anywhere in America; in fact it's one of the best restaurants of any kind in the US, and it has the awards to prove it. At Vermilion (in NYC) opens at 46th and Lexington on November 17th and it would be great if you could come and see for yourself what I'm talking about. Full disclosure: I'm an investor in the restaurant, which may be the first time I've ever put my money where my mouth is...! Anyway, I hope to see you there. E-invitation below. Salman Brain CirculationA friend just sent me this article, I really liked it... its not brain drain, its brain circulation - the ending is especially very poetic. I however dont agree with a lot of this... but then again I am not second generation Indian and even I seem to make up things about India which may not necessarily be true except in my head, a creation of a fantastical India where I can get adjusted as easily!
India Calling
By ANAND GIRIDHARADAS
VERLA, India “WHAT are Papa and I doing here?” These words, instant-messaged by my mother in a suburb of Washington, D.C., whizzed through the deep-ocean cables and came to me in the village where I’m now living, in the country that she left. It was five years ago that I left America to come live and work in India. Now, in our family and among our Indian-American friends, other children of immigrants are exploring motherland opportunities. As economies convulse in the West and jobs dry up, the idea is spreading virally in émigré homes. Which raises a heart-stirring question: If our parents left India and trudged westward for us, if they manufactured from scratch a new life there for us, if they slogged, saved, sacrificed to make our lives lighter than theirs, then what does it mean when we choose to migrate to the place they forsook? If we are here, what are they doing there? 16 novembre Shangri La and Academy of ArtWe spent yesterday at the Honolulu Academy of Art, which is a very big museum with a really good collection of Indian and South East Asian Art work, some really interesting pieces of Buddha from all over the South Asia and China. It looks like a very small (and old) place from the outside but inside its really well maintained and quite impressive. I saw parts of their special exhibit on textile which was quite interesting also.
![]() From the website:
The Honolulu Academy of Arts is Hawaii's premier art museum, with a collection of more than 50,000 works. An encyclopedic museum where original works of art can be experienced in state-of-the-art galleries, it has major strengths in the arts of Asia, European and American painting, and graphic and decorative arts. With education as its mission, the Academy also administers the Academy Art Center at Linekona, the largest private art school in the Islands.
The tour for Shangri La started from there, but the place has so much more to offer, we are back to the museum today since its Family Sundays (FREE!) to check out more of the western art.
About Shangri La (from WIKI):
Shangri La is the name of an Islamic-style mansion built by heiress Doris Duke near Diamond Head just outside Honolulu, Hawaii. It is now owned by the Doris Duke Foundation for Islamic Art (DDFIA) in cooperation with the Honolulu Academy of Arts, and open to the public for tours; an admission fee is charged. Construction of Shangri La began in 1937, after Doris Duke's 1935 honeymoon which took her through the Islamic world. For nearly 60 years afterwards, Miss Duke commissioned and collected artifacts for the house, forming a collection of about 3,500 objects. It was designed by Marion Sims Wyeth. Shangri La collections and holdings
The Doris Duke estate, Shangri La, is furnished with art, furnishings and built-in architectural elements from Iran, Morocco, Turkey, Spain, Syria, Egypt and India. The Playhouse is a reduced-scale version of the 17th century Chehel Setun in Esfahan, Iran. It houses a central recreational room and two guest rooms. The outdoor landscaping blends the formality of an Indian Mughal garden and terraced water features with the intimacy of a private Hawaiian fishpond, tropical garden, and fabulous vistas of the Pacific Ocean. Gilt and painted ceilings from Morocco, vivid ceramics from Iran, intimate interiors from Syria, pierced metalwork and vibrant textiles from Spain to India are among the highlights. ---------- The Jali's are the most amazing things in there, specially the one in the foyer, a huge moroccan style Jali (which means jealous!). As you enter, there is first the replica of the Mughal Shalimar Gardens (inspired by the ones in Lahore, pakistan), then the moroccan foyer with the big jali, the Persian courtyard with amazing tile work, the living room has this collection of arms and chairs (and spanish carpet) which are really something and the otis window -elevator style that can come completed down and allow you to walk out directly to the pool. Next is the mihrab which Ms Duke paid about 100,000 bidding against the MET in 1940s and then the little turkish room (which is my favorite), the dining room is inspired by huge tents from arabia and chandelier from Paris (created for an indian maharaja). We can also see the 40 pillar palace inspired guest house and the pool from the gardens outside. Another of my favorite was the sunbath room which is inspired by the Taj Mahal, the marble jali's that were comissioned by Ms Duke, rest of it is plaster but it looks beautiful. Ms Duke's bedroom is now available for people to see, but there are some pictures on the website on that one. Here are some pictures: Turkish Room (my favorite one)
Living room:
Dining Room:
Playhouse and Swimming pool:
Bedroom that we did not get to see:
Jali's inspired by taj mahal, i couldnt find a better picture..
Website for Shangi La was a virtual tour of the place, its really a well made website. 15 novembre 700 Billion bailout for what?yes, thats a question most of us should be wondering about, its out tax money and we should have a clear understand of what they are going to do about it, here's something I read in a speect by Interim Assistant Secretary for Financial Stability Neel Kashkari Remarks before the Institute of International Bankers. This is from the Real Time Economics Blog from Wall Street, which is really awesome!
Strategy
Let me begin with our strategy, which is clear and focused. Treasury is implementing its new authorities with one simple goal - to restore capital flows to the consumers and businesses that form the core of our economy. Achieving this goal will require multiple tools to help financial institutions remove illiquid assets from their balance sheets, and attract both private and public capital.
Our toolkit is being designed to help financial institutions of all sizes so they can grow stronger and provide crucial funding to our economy.
Implementation
Next, let me turn to implementation. Congress passed the new law just 10 days ago, but in that time, we have accomplished a great deal on many fronts. We are moving quickly - but methodically - and I am confident we are building the foundation for a strong, decisive and effective program.
First, Treasury is working very closely with both domestic and international regulators to understand how best to design tools that will be most effective in dealing with the challenges in our financial system. For example, regulators are helping us to identify the quickest and most efficient method to purchase equity in financial institutions so they can resume lending. Throughout this process, we have kept in mind one clear priority: to protect the taxpayers by making the best use of their money.
Second, we are using the full resources of the Treasury Department to ensure this program's success. As soon as the legislation was signed, we immediately created seven policy teams to develop several tools and other important elements that are required under the TARP. In each case, we designated team leaders to drive the work-streams and take responsibility for their success. We've broken the teams down as follows:
1) Mortgage-backed securities purchase program: This team is identifying which troubled assets to purchase, from whom to buy them and which purchase mechanism will best meet our policy objectives. Here, we are designing the detailed auction protocols and will work with vendors to implement the program.
2) Whole loan purchase program: Regional banks are particularly clogged with whole residential mortgage loans. This team is working with bank regulators to identify which types of loans to purchase first, how to value them, and which purchase mechanism will best meet our policy objectives.
3) Insurance program: We are establishing a program to insure troubled assets. We have several innovative ideas on how to structure this program, including how to insure mortgage-backed securities as well as whole loans. At the same time, we recognize that there are likely other good ideas out there that we could benefit from.
Accordingly, on Friday we submitted to the Federal Register a public Request for Comment to solicit the best ideas on structuring options. We are requiring responses within fourteen days so we can consider them quickly, and begin designing the program.
4) Equity purchase program: We are designing a standardized program to purchase equity in a broad array of financial institutions. As with the other programs, the equity purchase program will be voluntary and designed with attractive terms to encourage participation from healthy institutions. It will also encourage firms to raise new private capital to complement public capital.
5) Homeownership preservation: When we purchase mortgages and mortgage-backed securities, we will look for every opportunity possible to help homeowners. This goal is consistent with other programs - such as HOPE NOW - aimed at working with borrowers, counselors and servicers to keep people in their homes. In this case, we are working with the Department of Housing and Urban Development to maximize these opportunities to help as many homeowners as possible, while also protecting taxpayers.
6) Executive compensation: The law sets out important requirements regarding executive compensation for firms that participate in the TARP. This team is working hard to define the requirements for financial institutions to participate in three possible scenarios: One, an auction purchase of troubled assets; two, a broad equity or direct purchase program; and three, a case of an intervention to prevent the impending failure of a systemically significant institution.
7) Compliance: The law establishes important oversight and compliance structures, including establishing an Oversight Board, on-site participation of the General Accounting Office and the creation of a Special Inspector General, with thorough reporting requirements. We welcome this oversight and have a team focused on making sure we get it right.
The Sony Story: Akio MoritaI just read this in the Economist, something I had not known before, interesting.
Akio MoritaNov 7th 2008 More than any other individual, Akio Morita (1921-1999) personified the integration of Japanese industry into the global community from the 1960s to the end of the century. Founder and creator of Sony, he moved his family to the United States in 1963 in order to better understand the American consumer and make Sony a truly global brand—a brave move for a man from a then still insular society. He, more than anyone, put Japanese industry on the map. As a young man Morita had been expected to go into the family’s 300-year-old sake business. But after service in the Japanese navy in the second world war he set up a small electronics company, Tokyo Telecommunications Engineering, along with a friend from the navy, Masaru Ibuka. Ibuka was to be the engineering genius behind the brand which Morita created. In the 1950s the company produced a small transistor radio, which was its breakthrough product. The transistor had been invented in America, but Morita had bought a licence from Bell Laboratories to produce it in Japan. By the end of the decade the company was exporting its production to America and Europe. In 1958 the company changed its name. Morita and Ibuka are said to have trawled dictionaries for weeks before coming up with the word Sonus, the Latin for sound, which they modified to Sony because, it is said, “sony boys” is Japanese for whizz kids. Three years later it became the first Japanese company to be listed on the New York Stock Exchange. The transistor radio was followed by transistor televisions and videotape recorders. But music was the company’s first focus, and Morita, taken by the fact that young people liked listening to music wherever they went, persuaded Sony (with virtually no supporting market research and against the wishes of many colleagues) to come out in 1980 with what became known as the Sony Walkman. “The public does not know what is possible. We do.”
It was a phenomenal worldwide success and turned Sony into a truly household name everywhere. In 1998 it was declared the number one consumer brand in America, ahead of Coca-Cola and Marlboro cigarettes, the more usual chart toppers. Morita would have seen that as the natural outcome of his famous view of globalisation—“think globally, act locally”. In America Sony was American. Only in Japan was it Japanese. Morita continued to work and play ferociously (he loved water-skiing, tennis and scuba diving), and was due to become chairman of the keidanran, Japan’s powerful but deeply conservative association of big industrialists. It would have been a remarkable appointment for a man who had dragged himself and his corporation into the rapidly globalising world, but on the day his appointment was due to be announced he had a stroke (at the age of 72, in the early morning, while on the tennis court). From then until his death he remained in a wheelchair. Is bottled water really safer?Due to environment reasons I started drinking tap water, turns out there are other reasons why bottled water may not be safer than tap water!
Danger In A Bottle Of Water? Study Questions The Safety Of Bottled Water
Bottled water is presented as being higher quality water and it certainly
costs more than tap water. Manufacturers and importers of bottled water are required to ensure that their products meet the state safety and health standards. Unlike tap water, water bottlers must comply with FDA, EPA and OSHA standards. Is bottled water safer than tap water? A study conducted by the
Environmental Working Group, a nonprofit organization, looked for answers to this question. The study challenges the idea that bottled water is purer and safer than tap
water. While some tap water's safety may be questioned, the findings show that bottled water is no safer. The Environmental Working Group's study included testing of 10 brands of
bottled water purchased by the group in California, Washington, D.C., and eight other states and found that two brands violated a California state standard. The study's lab tests of bottled water detected 38 chemicals including bacteria, caffeine, the pain reliever acetaminophen, fertilizer, solvents, plastic-making chemicals and the radioactive element strontium. Wal-Mart's Sam's Choice contained chemical levels that exceeded legal limits in California. Three bottles of Sam's Choice purchased in Mountain View and Oakland
contained bromodichloromethane, a carcinogen, at levels from 7.7 ppb and 13 ppb. In the Wal-Mart and Giant Food bottled water, the highest concentration of chlorine byproducts, known as trihalomethanes, was over 35 parts per billion. Wal-Mart owns 4,200 stores in the United States. The environmental group filled a notice of intent to sue the chain. The
group wants Wal-Mart to label its bottles in California with a warning as high concentrations of trihalomethanes have been linked with cancer. Wal-Mart said it stands by its product. Wal-Mart spokeswoman Shannon
Frederick said that the company's lab tests had detected no "reportable amounts" of the chlorine-based contaminants. He said the company is "disappointed" that the EWG has not shared more details with the corporation as they continue to investigate this matter. Also present in the bottled water were the pharmaceutical Tylenol, arsenic,
radioactive isotopes, nitrates, and ammonia from fertiliser residue. 10 novembre Bali BombersNothing really in our news here but I first found out about this when I was talking to my cuz in Perth, Australia. He was waiting on the newspapers that he delivers because there was a delay due to the news about Bali Bombers... from the guardian:
Warning to British travellers as Bali bombers are buried• Al-Qaida revenge attacks feared in Indonesia |
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