IMackGroup

Math + Quant Finance

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Biography: IMackGroup provides mathematics edutainment and quantitative finance products and services.

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"Smoking Time Jazz Club" in New Orleans' French Quarter

by Iris Mack, PhD, EMBA on July 21, 2014 0 Comments

 


Songs in the order of appearance:
-Everybody Loves My Baby (1924 Spencer Williams, Jack Palmer)
-Dinah (1925 Harry Akst, Sam M. Lewis, Joe Young)
-Little Coquette (1928 Carmen Lombardo, John W. Green, Gus Kahn)
-Me, Myself and I (1937 Irving Gordon, Allen Roberts, Allen S. Kaufman)
-Shake That Thing (Papa Charlie Jackson)
-I Can't Dance (I Got Ants in My Pants) (Charlie Gaines and Clarence Williams)

John "JJ" Joyce - band leader, vocals
Bots - trumpet
Christopher Johnson - alto sax
Satoru Ohashi - trumpet, trombone
Djordje Stijepovic - bullfiddle bass
Casey MacGill (Blue 4) - ukelele, vocals
Blu Beverage - banjo
Sean Clark -: drums

Chance Bushman - vocals, swing and tap dance
Giselle Anguizola - swing dance
Ron Freund - tap shoes

Oil Prices Rise Due to Global Geopolitical Turmoil

by Iris Mack, PhD, EMBA on July 21, 2014 0 Comments

 

A series of geopolitical events pushed prices higher by raising concern that oil supplies could be disrupted, even though no disruptions were imminent. The Obama Administration announced new sanctions against Russian energy firms after the market closed on Wednesday, including against Rosneft, Russia's biggest oil producer. While analysts say it is unlikely to cause any dip in production or exports in the short term, it could prevent or delay future exploration and production.

The crash of a Malaysian Airlines passenger plane over Ukraine — which Ukrainian officials said was shot down — raised the risk of a sharper conflict between Ukraine and Russia that could lead to even tighter sanctions against Russia. And fighting in the Gaza strip intensified after a shaky cease-fire expired, yet another source of turmoil in the Middle East, the world's most important oil-producing region.

"Although oil balances will not be impacted, it gives the oil ...

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The Mad Violinist: Ashanti Floyd

by Iris Mack, PhD, EMBA on July 21, 2014 0 Comments

Harvard Study: Louisiana is the Happiest State in America

by Iris Mack, PhD, EMBA on July 21, 2014 0 Comments

 

According to a working paper from researchers at Harvard University and the University of British Columbia, the five happiest cities in the U.S. all happen to be located in one state, which also ranks as the happiest state...

That state is Louisiana. Specifically, the list-toppers of cities include Lafayette, Houma, Shreveport-Bossier City, Baton Rouge and Alexandria. Although some disagree that Louisiana is the happiest state, some research is proving otherwise. Polls that disagree typically use determinants such as financial, economic and purpose driven objectives many of which are career oriented, none of which apply (or have a significant impact) on happiness levels of Louisianans. Some studies have even declared Louisana to be one of the unhappiest states according to tweets and other statistics which are being proven wrong....

On the other end of the spectrum, the unhappiest cities had New York City topping the list, followed by St. Joseph ...

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Financial Times: US Shale Revolution Has Averted the Threat of a Global Oil Crisis

by Iris Mack, PhD, EMBA on July 15, 2014 0 Comments

 

Advances in US shale have coincided with political upheaval in big oil-producing countries. Political instability in Libya, Iraq and Venezuela has stoked concerns about disruption and threats to future supplies. International sanctions on Iran have also reduced the global supply of oil, and Nigeria’s industry is plagued by theft.

Were it not for the new production in the US, which has cut the country’s imports sharply, there would probably be talk of another world oil crisis. As a global energy supplier, it is, in the words of Madeleine Albright, the former secretary of state, the “indispensable nation”.

 

Please read more in the Financial Times.

"Enron: The Smartest Guys in the Room" (trailer)

by Iris Mack, PhD, EMBA on July 15, 2014 0 Comments

 

 

Enron - one of my old stomping grounds...

Grammy Award Winning "Rebirth Brass Band" from New Orleans

by Iris Mack, PhD, EMBA on July 15, 2014 0 Comments

The Rebirth Brass Band is a New Orleans brass band.  Rebirth is known for combining traditional New Orleans brass band music, including the New Orleans tradition of second line with funkjazzsoul and hip hop.

Dirty Little Secrets Hiding in Your Hotel Room

by Iris Mack, PhD, EMBA on July 15, 2014 0 Comments

Layoffs at Microsoft: 18,000 Jobs

by Iris Mack, PhD, EMBA on July 15, 2014 0 Comments

 

 

Microsoft confirmed it will cut up to 18,000 jobs over the next year, part of the tech titan's efforts to streamline its business under new CEO Satya Nadella.

In a statement released Thursday, Microsoft says about 12,500 of the professional and factory positions will be cut as part of its $7 billion acquisition of Nokia's handset business, which the company closed in April.

"My promise to you is that we will go through this process in the most thoughtful and transparent way possible," said Nadella in a memo to employees.

Please see more here.

"College Fund Band" in New Orleans' French Quarter

by Iris Mack, PhD, EMBA on July 15, 2014 0 Comments

 

A band of young jazz players, the oldest of which could not have been a day over 16. Some serious raw talent on the streets of New Orleans.

Park Avenue: Money, Power & the American Dream - Why Poverty?

by Iris Mack, PhD, EMBA on July 9, 2014 0 Comments

 

Published on Jan 5, 2013

How much inequality is too much? To find out more and get teaching resources linked to the film, go to www.whypoverty.net

740 Park Ave, New York City, is home to some of the wealthiest Americans. Across the Harlem River, 10 minutes to the north, is the other Park Avenue in South Bronx, where more than half the population needs food stamps and children are 20 times more likely to be killed. In the last 30 years, inequality has rocketed in the US -- the American Dream only applies to those with money to lobby politicians for friendly bills on Capitol Hill.

Director Alex Gibney
Producer Blair Foster
Produced by Jigsaw Productions & Steps International

Why Poverty? http://www.whypoverty.net/en/video/29/

EPA Claims It Has Power To Garnish Wages Without Court Approval

by Iris Mack, PhD, EMBA on July 9, 2014 0 Comments

 

The Environmental Protection Agency has quietly claimed that it has the authority to unilaterally garnish the wages of individuals who have been accused of violating its rules. 

According to The Washington Times, the agency announced the plan to enhance its purview last week in a notice in the Federal Register. The notice claimed that federal law allows the EPA to "garnish non-Federal wages to collect delinquent non-tax debts owed the United States without first obtaining a court order." 

The push remains up in the air, however, as the agency says any "adverse comments" would prevent the EPA from moving forward -- and some criticism has emerged in recent days.

Absent that, the rule could take effect Sept. 2. The EPA said the rule was not subject to review because it was not a "significant regulatory action." ....

The amount of money the EPA has collected in fines has increased steadily since President ...

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Saudi Aramco's Finance Business Line: Petroleum Engineering Planning & Performance Analyst Job

by Iris Mack, PhD, EMBA on July 9, 2014 0 Comments

 

The selected candidate will be responsible for supporting all planning and performance management activities for the assigned business.

The analyst must be capable of managing planning and performance related activities in a dynamic portfolio of businesses and is able to adapt to changing priorities.

In addition, they will be responsible for analyzing periodic performance and for preparing the resulting management reports using plan, actual, and forecast data, thus enabling the business to actively manage performance.

Please read more here.

International Business Times: JP Morgan Executive Killed Wife With Shotgun in Murder-Suicide

by Iris Mack, PhD, EMBA on July 9, 2014 0 Comments

 

JP Morgan executive director Julian Knott blasted his wife Alita to death with a shotgun before turning the gun on himself. 

The 45-year-old, who worked for the investment bank in London until July 2010, shot his 47-year-old wife multiple times before committing suicide with the same weapon.

Please read more here.

WE'RE NOT BROKE (movie trailer)

by Iris Mack, PhD, EMBA on July 9, 2014 0 Comments

WE'RE NOT BROKE is the story of how U.S. corporations have been able to hide over a trillion dollars from the U.S. government, and how seven fed-up Americans from across the country, take their frustration to the streets . . . and vow to make the corporations pay their fair share.

Trading Report: U.S. Dollar Is Now In It’s "Death Spiral"

by Iris Mack, PhD, EMBA on July 7, 2014 0 Comments

 

 

by Michael Snyder

The power of the almighty dollar has allowed all of us living in the United States to enjoy an extremely high standard of living for decades, but as that power now fades it is going to have profound implications for the U.S. economy.  In future years the value of the dollar will go down substantially, all of the imported goods filling our stores will become much more expensive, and it is going to cost the federal government a lot more to borrow money.  Unfortunately, with the stock market hitting all-time record highs and with the mainstream media endlessly touting an “economic recovery”, most Americans are not paying any attention to these things.

French oil giant Total is one of the largest energy companies in the entire world.  On Saturday, Total’s CEO made an absolutely stunning statement.  According to Reuters, he told reporters that there “is ...

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They're Bulldozing a Fifth of Detroit

by Iris Mack, PhD, EMBA on July 7, 2014 0 Comments

Detroit’s Lafayette building - demolished in 2009

 

Bad news for fans of ruin porn: Detroit is hoping to rid itself of its unique collection of dilapidated buildings and elegantly rubbish-strewn abandoned lots, and all within the next five years.

In May, a group ominously titled the “Detroit Blight Removal Task Force” released a report claiming that around 22 per cent of the city’s properties were “blighted” – vacant, damaged or considered dangerous. They also found that, of the 84,000 properties owned by public entities, just over 5,000 were occupied by squatters, making the city of Detroit, the report’s authors noted, “a very large and inadvertent landlord”.

The task force’s proposed solution is to demolish it all over the next five years and start again. Unfortunately, the plan doesn’t extend to rebuilding the properties – it’ll be down to private companies and developers to buy up ...

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Foreign Investors Turn Eyes to North Dakota Oil Patch

by Iris Mack, PhD, EMBA on July 1, 2014 0 Comments

 

 

WILLISTON, N.D. (AP) -- Foreign investors more familiar with projects in the emerging markets of Eastern Europe and tropical escapes of Southeast Asia are finding a new destination for their dollars and francs: Western North Dakota's oil patch that's home to booming towns, low unemployment rates and high incomes.

SelectUSA, a government foreign investment initiative, said the state has drawn at least 31 publicly announced foreign investment projects since 2003 worth a total of $1.04 billion.

Now two foreign companies are planning a pair of large oil patch developments worth $800 million.

Williston Economic Development head Tom Rolfstad said there's likely more foreign investment than what's immediately visible.

Among the latest projects is Swiss firm Stropiq's plan for a $500 million, 219-acre mixed-use development called Williston Crossing featuring 1 million square feet of retail, entertainment and hotel space along with offices and residential plots ...

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