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	<title>Xiang Ji's Bookshelf</title>
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	<link>http://www.xiangji.org</link>
	<description>You Don't Need To Innovate In Finance; You Don't Need To Invent Anything New</description>
	<lastBuildDate>Fri, 26 Feb 2010 21:43:10 +0000</lastBuildDate>
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			<item>
		<title>The most outrageous lie</title>
		<link>http://www.xiangji.org/2010/02/26/the-most-outrageous-lie/</link>
		<comments>http://www.xiangji.org/2010/02/26/the-most-outrageous-lie/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 21:43:10 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=703</guid>
		<description><![CDATA[from the biggest lying machine in the whole world. 
]]></description>
			<content:encoded><![CDATA[<p>from the <a href="http://news.sina.com.cn/c/2010-02-26/031519741651.shtml">biggest lying machine in the whole</a> world. </p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>About our partners</title>
		<link>http://www.xiangji.org/2010/02/19/about-our-partners/</link>
		<comments>http://www.xiangji.org/2010/02/19/about-our-partners/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 22:22:55 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=701</guid>
		<description><![CDATA[Somehow this introduction sounds very cynical to me: Mr. ABC received a BA in Ethics, Politics and Economics, cum laude, from Yale University.
]]></description>
			<content:encoded><![CDATA[<p>Somehow this introduction sounds very cynical to me: Mr. ABC received a BA in Ethics, Politics and Economics, cum laude, from Yale University.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Funny comment</title>
		<link>http://www.xiangji.org/2010/02/16/funny-comment/</link>
		<comments>http://www.xiangji.org/2010/02/16/funny-comment/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 20:58:07 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=698</guid>
		<description><![CDATA[The dealbook had a very good reader comment who seems to be an expert in twisting words:
The resignation memo from the firm is artfully prepared; larded with gushing laudatory praise, wafting the aroma of sour cream, the taint of sulphur fumes. Larded with cliches, it veritably screams half-truths and tin ear fabrication. It will be [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://dealbook.blogs.nytimes.com/2010/02/12/head-of-goldmans-asset-management-leaves/?emc=eta1">dealbook had a very good reader comment </a>who seems to be an expert in twisting words:</p>
<p>The resignation memo from the firm is artfully prepared; larded with gushing laudatory praise, wafting the aroma of sour cream, the taint of sulphur fumes. Larded with cliches, it veritably screams half-truths and tin ear fabrication. It will be required reading at Harvard Business School for how not to write a resignation memo with as many holes as swiss cheese; a classic example of “good” versus “real” reasons.</p>
<p>Tim O’Neal should be looking over his shoulder as he may feel a slight wet trickle where the “Soviet” style stiletto silently and swiftly slits between the shoulder blades. He is but a bit player who can be easily discarded among the protagonists in the sold-out, acclaimed drama, “Goldman Sachs “, a modern Shakespearean tragedy of deceit, deception, betrayal, greed, and mayhem wherein the newly crowned leader along his sycophants and consiglieres will all be impaled on their own swords. And they don’t even comprehend their impending lonely demise.</p>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Writers and Waitresses</title>
		<link>http://www.xiangji.org/2010/02/05/writers-and-waitresses/</link>
		<comments>http://www.xiangji.org/2010/02/05/writers-and-waitresses/#comments</comments>
		<pubDate>Fri, 05 Feb 2010 17:16:30 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>
		<category><![CDATA[worst paid job]]></category>
		<category><![CDATA[writers and waitresses]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=696</guid>
		<description><![CDATA[Have something in common. According to Timesbusiness, they tied in being the worst paid occupation in the U.K.
another warning sign for you inspiring writers&#8230;
Highest paid
1. Directors and chief executives of major organisations.
Average annual salary: £115,576
Job titles include: Chief executive, company director, general manager, managing director (of major organisations).
2. Medical practitioners
Average annual salary: £78,366
Job titles include: [...]]]></description>
			<content:encoded><![CDATA[<p>Have something in common. According to <a href="http://timesbusiness.typepad.com/money_weblog/2010/02/the-ten-highest-paying-jobs-and-the-ten-lowest.html">Timesbusiness</a>, they tied in being the worst paid occupation in the U.K.<br />
another warning sign for you inspiring writers&#8230;</p>
<p>Highest paid</p>
<p>1. Directors and chief executives of major organisations.<br />
Average annual salary: £115,576<br />
Job titles include: Chief executive, company director, general manager, managing director (of major organisations).<br />
2. Medical practitioners<br />
Average annual salary: £78,366<br />
Job titles include: Anaesthetist, doctor, hospital consultant, GP, physician, psychiatrist, psycho-analyst, registrar, surgeon.<br />
3. Senior officials in national government<br />
Average annual salary: £68,283<br />
Job titles include: Assistant secretary, diplomat, MEP, MP, permanent secretary.<br />
4. Brokers<br />
Average annual salary: £61,117<br />
Job titles include: Commodity trader, financial broker, foreign exchange dealer, insurance broker, shipbroker, stockbroker.<br />
5. Air traffic controllers<br />
Average annual salary: £60,548<br />
Job titles include: Air traffic controller, controller of aircraft, flight planner, ground movement controller.<br />
6. Financial managers and chartered secretaries<br />
Average annual salary: £58,295<br />
Job titles include: Company registrar, company treasurer, credit manager, finance manager, financial director, merchant banker.<br />
7. Senior officials in local government<br />
Average annual salary: £55,921<br />
Job titles include: Chief executive of local government, town clerk.<br />
8. Police officers (inspectors and above)<br />
Average annual salary: £53,937<br />
Job titles include: Assistant chief constable, chief constable, chief inspector, chief superintendent, deputy chief constable.<br />
9. IT strategy and planning professionals<br />
Average annual salary: £50,143<br />
Job titles include: Computer consultant, software consultant.<br />
10. Solicitors and lawyers, judges and coroners<br />
Average annual salary: £48,908<br />
Job titles include: Articled clerk, barrister, coroner, judge, solicitor.<br />
Lowest paid<br />
1. Waiters and waitresses<br />
Average annual salary: £11,930<br />
2. Bar staff<br />
Average annual salary: £11,930<br />
3. Kitchen and catering assistants<br />
Average annual salary: £12,410<br />
Job titles include: Canteen assistant, catering assistant, counterhand, dining room assistant, kitchen assistant, kitchen porter, washer-up.<br />
4. Travel and tour guides<br />
Average annual salary: £12,561<br />
Job titles include: Coach guide, courier for tour operator, escort, guide<br />
5. Launderers, dry cleaners, pressers<br />
Average annual salary: £12,657<br />
Job titles include: Carpet cleaner, dry cleaner, garment presser, laundry worker.<br />
6. Retail cashiers and check-out operators<br />
Average annual salary: £12,736<br />
Job titles include: Cashier, check-out operator, forecourt attendant, petrol pump attendant, restaurant cashier.<br />
7. Leisure and theme park attendants<br />
Average annual salary: £12,767<br />
Job titles include: Arcade attendant, fairground worker, funfair attendant, usher/usherette.<br />
8. Hairdressers and related occupations<br />
Average annual salary: £13,194<br />
Job titles include: Barber, beautician, hairdresser, make-up artist, manicurist, slimming consultant, barber.<br />
9. Cleaners, domestics<br />
Average annual salary: £13,807<br />
Job titles include: Car valeter, chambermaid, cleaner, domestic cleaner.<br />
10. Nursery Nurses<br />
Average annual salary: £13,872<br />
Job titles include: Creche assistant, nursery assistant, nursery nurse</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Wall Street Journal&#8217;s News Hub</title>
		<link>http://www.xiangji.org/2010/01/27/wall-street-journals-news-hub/</link>
		<comments>http://www.xiangji.org/2010/01/27/wall-street-journals-news-hub/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 21:00:02 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=693</guid>
		<description><![CDATA[is an annoyance. It slows the download of the page, its music is headache-inducing and the format is not worth appreciating. 
]]></description>
			<content:encoded><![CDATA[<p>is an <a href="http://wsj.com">annoyance</a>. It slows the download of the page, its music is headache-inducing and the format is not worth appreciating. </p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Crisis Inquiry Commission: A Lame Duck</title>
		<link>http://www.xiangji.org/2010/01/14/financial-crisis-inquiry-commission-a-lame-duck/</link>
		<comments>http://www.xiangji.org/2010/01/14/financial-crisis-inquiry-commission-a-lame-duck/#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:40:50 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=689</guid>
		<description><![CDATA[If you watch the video of the Financial Crisis Inquiry Commission&#8217;s Q&#038;A with the nation&#8217;s top four banks&#8217; CEOs, a sense of hopelessness comes onto you. It was almost financial market 101. 
]]></description>
			<content:encoded><![CDATA[<p>If you watch the video of the <a href="http://www.c-span.org/Watch/Media/2010/01/13/HP/A/28350/Financial+Crisis+Inquiry+Commission++Day+One.aspx">Financial Crisis Inquiry Commission&#8217;s Q&#038;A with the nation&#8217;s top four banks&#8217; CEOs</a>, a sense of hopelessness comes onto you. It was almost financial market 101. </p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alcoa&#8217;s Earning Good News Or Bad?</title>
		<link>http://www.xiangji.org/2010/01/11/alcoas-earning-good-news-or-bad/</link>
		<comments>http://www.xiangji.org/2010/01/11/alcoas-earning-good-news-or-bad/#comments</comments>
		<pubDate>Mon, 11 Jan 2010 22:59:20 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=686</guid>
		<description><![CDATA[You wouldn&#8217;t know if you read both Bloomberg and WSJ. 
Alcoa Profit Trails Estimates Amid Currency Costs  is Bloomberg&#8217;s headline, and it seems like Alcoa missed analyst estimates terribly. 
Hey, but if you read the Journal story, Alcoa &#8220;narrowed losses&#8221; and &#8220;strengthened revenues.&#8221; Things are getting much better. 
Both are accurate facts, but the [...]]]></description>
			<content:encoded><![CDATA[<p>You wouldn&#8217;t know if you read both Bloomberg and WSJ. </p>
<p><a href="http://www.bloomberg.com/apps/news?pid=20601087&#038;sid=a_EhyBrKk5AY&#038;pos=2">Alcoa Profit Trails Estimates Amid Currency Costs </a> is Bloomberg&#8217;s headline, and it seems like Alcoa missed analyst estimates terribly. </p>
<p>Hey, but if you read the <a href="http://online.wsj.com/article/SB10001424052748704081704574652750830806882.html?mod=WSJ_hpp_LEFTWhatsNewsCollection">Journal story</a>, Alcoa &#8220;narrowed losses&#8221; and &#8220;strengthened revenues.&#8221; Things are getting much better. </p>
<p>Both are accurate facts, but the different focus makes one story positive and the other very negative. Who says facts do not lie?   </p>
]]></content:encoded>
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		</item>
		<item>
		<title>The New Pair of Best Friends On the Street</title>
		<link>http://www.xiangji.org/2009/12/08/the-new-pair-of-best-friends-on-the-street/</link>
		<comments>http://www.xiangji.org/2009/12/08/the-new-pair-of-best-friends-on-the-street/#comments</comments>
		<pubDate>Tue, 08 Dec 2009 14:53:25 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=683</guid>
		<description><![CDATA[It&#8217;s all about partners, duos, trios and so on. The new duos &#8211; you can&#8217;t ignore it when Meredith Whitney is the top headline of CNBN every month, are unquestionably the famed analyst and her loyal interviewer, Maria Bartiromo. How long will their friendship, and Whitney&#8217;s rock star treatment by the network, last? It&#8217;s getting [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s all about partners, duos, trios and so on. The new duos &#8211; you can&#8217;t ignore it when <a href="http://www.cnbc.com/id/34325134">Meredith Whitney</a> is the top headline of CNBN every month, are unquestionably the famed analyst and her<a href="http://www.cnbc.com"> loyal interviewer, Maria Bartiromo</a>. How long will their friendship, and Whitney&#8217;s rock star treatment by the network, last? It&#8217;s getting boring&#8230;  </p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chinese Ambassador to the UK</title>
		<link>http://www.xiangji.org/2009/11/05/chinese-ambassador-to-the-uk/</link>
		<comments>http://www.xiangji.org/2009/11/05/chinese-ambassador-to-the-uk/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 23:27:49 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=681</guid>
		<description><![CDATA[Yu Ying talks to the Economist over - yes, tea. 
]]></description>
			<content:encoded><![CDATA[<p>Yu Ying <a href="<script type='text/javascript' src='http://static.feedroom.com/affiliate/_common/js/fr_embed.js'></script>
<div id='flashcontent'></div>
<p> <script type='text/javascript'> var so = new FlashObject ("http://economist.pb.feedroom.com/pb-comp/economist/custom1/player.swf", "Player", "402", "329", "8", "#FFFFFF"); so.addVariable ("Environment", ""); so.addVariable ("SkinName", "custom1"); so.addVariable ("SiteID", "economist"); so.addVariable ("SiteName", "The Economist"); so.addVariable ("ChannelID", "13f850c882b46b0d9f3ebe670ff8fa7cade671c7"); so.addVariable ("StoryID", "c1240066e44fbe36af662c57e5d9f78392858673"); so.addVariable ("Volume", ".5"); so.addVariable ("HostURL", document.location.href); so.addParam ("quality", "high"); so.addParam ("allowFullScreen", "true"); so.addParam ("allowScriptAccess", "always"); so.addParam ("menu", "false"); so.write ("flashcontent"); </script>">talks to</a> the Economist over - yes, tea. </p>
]]></content:encoded>
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		</item>
		<item>
		<title>Slow News Day Forever Ever</title>
		<link>http://www.xiangji.org/2009/10/08/slow-news-day-forever-ever/</link>
		<comments>http://www.xiangji.org/2009/10/08/slow-news-day-forever-ever/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 17:11:47 +0000</pubDate>
		<dc:creator>Xiang Ji</dc:creator>
				<category><![CDATA[Interesting Links]]></category>

		<guid isPermaLink="false">http://www.xiangji.org/?p=679</guid>
		<description><![CDATA[When this is THE headline, you know it&#8217;s a slow news day. But after the last two years, everyday might feel like a slow news day.
]]></description>
			<content:encoded><![CDATA[<p>When <a href="http://online.wsj.com/article/SB10001424052748703298004574459760945727086.html?mod=WSJ_hpp_LEFTWhatsNewsCollection">this</a> is THE headline, you know it&#8217;s a slow news day. But after the last two years, everyday might feel like a slow news day.</p>
]]></content:encoded>
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