Tuesday, September 15, 2009

Kanye West's VMA Episode - What really happened?!?

Well, if you still have not heard his name, click on this link Kanye West. This is when I say "shit happens". May be that is why people say, you should handle your alcohol well. Few videos that made Kanye famous
Good Life........



Celebrities dress up for an award show. Kanye decided to drink up. Check this video out
Kanye drinks cognac straight out of the bottle
Infact, he is thinking about renaming the drink from Cognac to Kagnac :-)


And he know, Pleasure of sharing is greatest of all pleasures
And this is what Cognac does to you



And you end up helping Jay Leno improve his show ratings. Kanye doesn't have to do that. Jay can do it by himself

Good luck Kanye. You deserve a break

Friday, August 28, 2009

Texting and driving - Too graphical

Text from YouTube
A BRITISH ad on the dangers of texting while driving is the most graphic yet, but one road safety expert says if it saves just one life then its a good ad.
Produced by the Gwent Police Department in Wales, it shows the bloody outcome of texting while driving.
Three teen girls giggle over a message they are sending, then the distracted driver smashes head-on into another car. The girl in the passenger seat, barely alive after the impact, is killed when a third car slams into them.
The carnage extends to another car, where a young girl asks why her parents arent waking up, and another shot shows an apparently dead baby in close-up.
See the ad but be advised of its graphic content.

Tuesday, August 25, 2009

FNM and FNA - What's the deal?

With Fannie Mae's stock going up for different reasons, many investors accidentally bought FNA (FEDERAL NATL MTG ASSN) instead of FNM (Fannie Mae). There are lot of queries floating about FNA. Just thought I will do some analysis and throw some light on FNA
FNM is the common stock, and FNA is the convertable preferred stock. Is FNA best bet of all the other preferred FNM stock? Well, here are some details
http://www.fanniemae.com/ir/pdf/dividend_statement_rate_reset_033109.pdf
FNA- 8.75% Non-Cumulative Mandatory Convertible Preferred Stock, Series 2008-1
Mandatory conversion: May 13 2011 - Each share of FNA will automatically convert into between 1.5408 and 1.8182 shares of FNM, subject to anti-dilution adjustment.
If optimistic on FNM, when it turns healthy again, resume paying divided, what would the preferred share price will be if at the above quarterly divided rate, Plus FNA can be converted to 1.5208 and 1.8182 FNM common shares on May 13, 2011

CROX - The bad old days