From the AP: "Then there’s the risk of a flat spin, in which Baumgartner loses control of his body during the free fall and starts spinning. A long, fast spin, if left unchecked, could turn his eyeballs into blood-soaked, reddish-purple orbs, and he could be left temporarily blind. Also, a massive blood clot could form in his brain.
'All the things that can happen are varying degrees of bad,' offers Baumgartner’s top medical man, Dr. Jonathan Clark, a former NASA flight surgeon."
"Fine art has become the billionaire’s-club equivalent of a Louis Vuitton bag, slathered in logos. It’s not connoisseurship which drives values, so much as recognizability. Which in turn helps to explain why the most prolific artists (Picasso, Warhol, Hirst) are also the most expensive: the more of their work there is, the more exposed to it people become, the more they’ll recognize it, and therefore the more desirable it is."
posted by benbenson
on Feb 8, 2012 -
Counterparties is a nice little collection of curated and tagged economic news stories, 5-8 every day. It is edited in part by the admirable (and MetaFave) financial journalist Felix Salmon.
posted by shothotbot
on Dec 22, 2011 -