Quite accidentally, this group of coworkers has formed a nice control group for the study of Mustachianism. Some people in this situation are even living from paycheck to paycheck. In short, as we added that income to our existing savings, we would be ridiculously wealthy by this point.īut yet many of these coworkers, most of whom are older than me and were already working before my career, continued throughout my career, and are still doing it seven years and counting after my career, still somehow need to work, according to their own accounting. $2 million before tax, which would have gone straight to the bottom line and compounded since income from investments was already covering our expenses as of late 2005. Money Mustache had kept working, she would have earned close to that amount as well. The company’s generous benefits plan would have further saved me some out-of-pocket expenses, like the cash we paid to the hospital when our son was born.Īll in all, I would have earned at least $1 million since then. I would have earned an average of perhaps $110,000 per year in salary, as well as cashing in about $200,000 in stock option profits (I gave up quite a few in-the-money options upon departure, with strike prices set during the tech crash of the early 2000s). I imagined what would have happened if I had stayed at that company for all these years. To a standard office worker, early retirement is what happens if you win a lottery, get a huge inheritance, or have ground-floor stock options in a company that makes it big. But invariably, when you talk about early retirement with a person who gets by on a high middle-class income, they become baffled by how small things like riding a bike or understanding electricity consumption can make such a big difference. Money Mustache identity has become quite a fun little part of my life, I let some of them in on this secret of what I’ve been doing with my free time. But the most notable thing to me was that they all still had jobs. Many of them had moved on to jobs at other local companies. A few distinctive silver strands had sprouted from many of the heads and beards. Everybody seemed just like I remembered them. It was quite a reunion, as I hadn’t seen many of these gentlemen since September 2005 when I retired from my engineering job. Shouldn’t I concentrate on boosting my income?Ī few days ago, I had the opportunity to go out to lunch with a dozen of my old coworkers from the high-tech company. But nobody ever got rich by clipping coupons or skipping lattes. Sure, I’m interested in becoming rich and maybe even having the option of early retirement.
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Mosaic will continue to be a frequent issuer in the securitization market. More than $3.5 billion in solar loans have been funded through the Mosaic platform since its inception in 2012. "We are proud to be acknowledged by our peers in the capital markets and appreciate the commitment of the banks that took this transaction to market." "Solar asset-backed securities are rising in popularity as institutional investors recognize their value for longer-term yield," said Alex Kaplan, senior director of capital markets for Mosaic. Given the strong oversubscription, all tranches priced inside initial guidance levels. The notes are backed by $315 million of solar loans with a weighted average FICO score of 753. "This securitization represents the highest level of investor demand we have ever seen and demonstrates the market's appetite for our clean energy-backed assets."Ĭlosed on June 25, the $280 million offering consists of four tranches of notes rated by Kroll Bond Rating Agency from "AA-" to "BB+" with weighted average lives ranging from 1.95 to 5.06 years. It is also a testament to how the financial markets value Mosaic's consistent performance and high quality standards," said Billy Parish, founder and CEO of Mosaic. "Our ability to securitize solar loans in this challenged market environment is a vote of confidence in solar energy as an asset class. structured finance, and nearly 2,300 market experts cast votes to determine the winners. The award honors outstanding achievement in U.S. Mosaic was also recently named winner of the "Esoteric ABS Deal of the Year" by GlobalCapital for its November 2019 $208 million Mosaic Solar Loans 2019-2 transaction. With overwhelming investor interest in Mosaic's high-quality assets, the offering was multiple times oversubscribed and was placed with over 25 institutional investors, deepening the relationship with existing investors and attracting nine new participants. OAKLAND, Calif., J/PRNewswire/ - Mosaic, a leading provider of financing solutions for residential solar and energy-efficient home improvement projects in the U.S., today announced it has closed a $280 million securitization of residential solar loans. The battery pack goes to the other remaining pin on the toggle. Another wire connects the other outside pins on the toggle and this wire has the microswitch in-line. A short length of wire connects opposite pins on the toggle. Wire the gear motor to the indicated pins. Follow the directions carefully or purchase the Useless Printed Circuit Board from us to speed up and greatly simplify the wiring process. It's a very simple circuit but it's easy to mess up the wiring. This is called 'Dead-Bugging' and is a prototyping method from way back. The diagram above indicates how you will wire the motor, micro-switch and battery pack to the pins on the toggle switch. He also pointed out that it's better to use "4 fresh alkaline batteries-with 4 rechargeables, I couldn't depend on having enough power to always throw the switch." Mrrigsby reports that a toggle switch from Radio Shack, catalog # 275-636 works. Most of the standard servos should do the job. Keep in mind that the toggle switch and arm length are some of the things that will determine how strong a servo you’ll need. A standard size servo with at least 4-5Kg/Cm torque will work in most cases. Stay away from any of the micro-sized servo’s. It's a standard size servo with a torque of 55.0 oz-in. If you use a Parallax continuous rotation servo there is no need to modify the gears, but you will have to modify the wiring to the servo's motor. Or you can modify a standard RC servo for your geared motor: Here's the parts you need to build the Useless Machine:īattery Holder 2-AA Cells (Note: 3 AA's or even 4 AA's will work, faster, maybe too fast ) DPDT Toggle Switch SPDT Micro-Switch (Just about any with 3 pins and a lever should work.) This type of switch is actually a pair of switches which operate together (Dual Pole) and both are On-On (Dual Throw).įrivolous Engineering buys parts from Newark/Element 14 & you should too! The toggle switch needed is a Dual Pole, Dual Throw (DPDT) toggle switch. When the arm runs into the micro-switch it stops. The arm reverses direction returning towards it's 'OFF' position. When the toggle gets switched “OFF” it actually reverses the motor’s direction. As the arm moves away from it's off position it releases the micro-switch providing the backup power needed for the motor to retract after the toggle switch is turned off. When a person turns the toggle switch to the forward position, it also provides power to the motor causing it to rotate the arm towards the toggle switch. By using the common pin and the normally closed pin the micro switch is “OFF” when it’s button is being pushed. Keep in mind the micro-switch is wired up so that it works completely opposite from a normal switch like you would find in a doorbell. The toggle is “Reverse” direction, and the micro-switch is being held in the off position by the servo arm. When idle, the circuitry is fully powered down. The toggle causes the motor to reverse, while a micro-switch powers down the circuit when the arm finishes retracting back into the box. The switches are positioned to be limit switches for the motorized arm. Inside the box is an geared motor powered by double A batteries and two switches: a toggle switch on the top of the box and a micro-switch inside. Following the announcement from AOL, worldwide users have been searching for a Winamp alternative that will suit their needs. Other players could encounter the picture freezing problems from now and then, but this player would not have the problem.It’s been a great 16 years in which we enjoyed the soothing sounds of our favourite tunes, with the help of one of the best known and loved media players of all times: Winamp. And players often consumes the least amount of system resources when playing videos, so you will find that playing a high-definition movie on a very poorly configured computer, MPlayer is usually the smoothest, and the gap can be best reflected when using fast forward. Many players on computers and mobile phones are also developed based on it. The cross-platform feature makes it visible on windows, mac, and Linux. MPlayer is the strongest player on the planet (no one). MPV is a branch of the famous open source media players MPlayer and mplayer2. MPV-EASY Player has a simple and easy-to-use setting interface you can quickly adjust many parameters. MPV-EASY Player has a very powerful local support function, which can perform local playback very smoothly. MPV-EASY Player is a video player based on MPV being a modified version of MPlayer and mplayer2. What even makes it better is that it enables users to convert Blu-ray file to MKV file without quality loss. Leawo Blu-ray Player can be compatible with Windows and Mac smoothly. Due to the audio processing technology, the audio files could be processed and presented with the best output effects. With advanced image and audio processing technology, Leawo Free Blu-ray Player software could provide you quality-lossless image for even 4K video, stereo audio enjoyment, all regions free DVD decryption and user-oriented playback control. With the comprehensive playing functions and features, Leawo Blu-ray Player can not only act as an excellent audio player to support FLAC, AC3, AAC formats, but also can be compatible with various operating systems to decrypt different media files, ranging from Blu-ray, DVD, 4K, to the common digital video formats. The first alternative to Winamp should be Leawo Blu-ray Player which is also a totally free media program. Part 2: 3 Best Alternatives to Winamp on Windows & Mac It only has the very basic playback functions but is it not good enough in processing the audio quality carefully. Winamp’s processing power on the final excellent output audio effects is confined which makes the movie sound unclear frequently.From the sight of the player, you may not put your focus on it since you have viewed too many other advanced media players. Winamp lacks the customized viewing features and it is limited in the supported formats.Winamp consumes too much system resources on the computer and the CPU has been heavily occupied while the software is running.During the audio playback, you are allowed to refer to the detailed information of the digital file without quitting the playback panel. Winamp can read the file information while playing.After adding third-party plug-ins, almost all common and uncommon music file formats are supported. Winamp can add APE, MP3Pro, WMA plug-ins in three formats.Its novel skin-changing function and plug-in support with many functions make it the first choice for music players. Winamp is one of the oldest and most popular audio player software.But in comparison with many other innovative media players, some pros and cons of Winamp have been concluded as follows. The new version provides full playback support for video files, powerful skin functions, a new decoding engine, a large number of advanced media libraries, and less memory usage. The interface skins can be customized to support plug-ins that enhance audio visual and audio effects. Winamp is a high-fidelity music player software that supports MP3, MP2, MOD, S3M, MTM, ULT, XM, IT, 669, CD-Audio, Line-In, WAV, VOC and other audio formats. And other formats have been upgraded from version 1.0 to version 5.57. Winamp is a pioneer of digital media playback, developed by Nullsoft in 1997, founder Justin Frankel, the software supports MP3, MP2, MOD, S3M, MTM, ULT, XM, IT, 669, CD-Audio, Line-In, etc.
And I think that is true to this day.ĭG: So we used to have a competitive ideological market, and now we don't? And policymakers both on the right and on the left took that being pro-business was a good thing. People started to use the two interchangeably. Once that pressure disappeared and it became cool not only on the right-hand side of the political spectrum, but also the left-hand side of the political spectrum to be businessmen and be entrepreneurial and make money, then these two distinctions started to fade away. Those two things often have almost nothing to do with one another, and in fact are often at odds. I've always phrased it slightly differently, as confusing the narrow interest of a few capitalists with the broad interests of capitalism. NH: I think this is a great point, and a distinction that is so important in understanding where policy went wrong. It's very bad when, as policymakers, we confuse the interests of a businessman with the interest of the market itself, and the community at large. This is not necessarily bad if it's done at the individual level, as long as we think about maintaining the system's competitiveness overall. But the moment they are in, they want to increase the barrier to entry in order to make more profits, and so all of a sudden their interest is to make markets less competitive, less functioning, to gain more profits. And I think they are very different, because businessmen and businesswomen love competition and free markets when they want to enter a new line of business. First of all, we hear these two terms used interchangeably every day, especially in the political arena. If you could just explain the difference as simply as you can, that would be great. In your book "A Capitalism for the People," you make this really important distinction between pro-market and pro-business. So I think that I'm my own kind of economist.ĭG: That's good, because we usually use that term as a pejorative. And then I was told that I cannot represent the Chicago School. Luigi Zingales: No, because first of all I don't know what the "Chicago School" is anymore. ĭavid Goldstein: So is it fair to describe you as an authentic Chicago School economist? What follows is an edited and abridged version of the conversation for the full discussion, please download and subscribe to Pitchfork Economics. Zingales, the author of " A Capitalism for the People: Recapturing the Lost Genius of American Prosperity," is also the director of the Stiegler Center, which studies how vested interests are subverting the competitive market economy. Nick Hanauer and David Goldstein had a long conversation about the shifting relationship between economics, politics, and business with Luigi Zingales, an esteemed professor of finance at the University of Chicago in the Booth School of Business. But over time, that idea lost ground, with both Democrats and Republicans embracing the concept of unfettering markets as the only economic good. At one point in American history, regulations were understood as a positive - a force for the public good. In the latest episode of the Pitchfork Economics podcast, we sought to explore the idea of how our national relationship with regulation has changed. Account icon An icon in the shape of a person's head and shoulders. UBS said its overall remaining exposure to the unnamed counterparty which incurred the third-quarter dent is «minimal». A total of 23 banks including Britain's HSBC, France's Crédit Agricole, and a series of Asian banks were hit.Īgritrade International represents another high-profile case of alleged fraud: more than 20 banks lost sank nearly $600 million after the company, also Singapore-based, allegedly forged documents. This summer, Singaporean commodities and oil trading firm Hin Leong Trading collapsed.īanks kissed off a total of $3.5 million after it emerged that the company allegedly forged documents in order to sell a shipment of oil that was meant as collateral. subprime mortgage meltdown, also said it expected to make a fourth-quarter loss, reversing previous guidance, and said it may also register a loss. Several big trade finance cases made headlines this year (Switzerland is a traditional stronghold for commodities financing), which cost major banks billions. UBS, which has been severely battered by the U.S. UBS was also forced to take weighty write-downs of 84 million francs in total, the bulk of which – 54 million – stemming from «a case of fraud at a commodity trade finance counterparty,» it said, without specifying. It left unsaid the other reason: challenger banks are undercutting major incumbents like UBS on fees and terms. UBS cited lower credit card fees and fewer foreign exchange transactions, as travel screeched to a halt during the pandemic. The fall represents the continued erosion in profits from personal and corporate banking. This is still slightly better than the trough of 229 million francs UBS sank to in the second quarter. UBS' domestic activities undercut a powerhouse result elsewhere: Swiss pre-tax profit tumbled to 305 million Swiss francs ($334 million) from 353 million francs year-ago, the Swiss bank said in its quarterly results on Tuesday. NEW YORK () - UBS, the Swiss financial services giant, will take a multibillion write-down due to risky debt holdings linked to the deteriorating housing market, according to a news. News of UBS’s losses was first reported by the Wall Street Journal.The Swiss bank took a hefty write-down in the third quarter, off the back of a trade finance fraud case. The FT report did not specify what type of fixed-income assets UBS was writing off. Despite signs in recent weeks that the credit tightness may be easing, some banks continue to report they are struggling to find cash on wholesale lending markets. If regulators push through a takeover of Credit Suisse by UBS Group AG, it’s possible that they would force a writedown of CoCos as part of the deal. subprime mortgage market, sparked by growing defaults on riskier loans, has created a squeeze in credit markets around the world. Persistent worries about the health of the banking system have weighed on financial markets around the world.Ī meltdown in the U.S. Investors have grown increasingly concerned that more banks might announce losses related to credit problems as they closed their books on a tumultuous third quarter. Wuffli had led the bank of a steep growth path, expanding from its traditional base in private banking and rapidly building up its business in the United States. The bank earlier this year replaced Wuffli, saying it was dissatisfied with his handling of the bank’s in-house hedge fund, Dillon Read Capital Management. The potential losses come at a time when critics are questioning UBS’s dual strategy of investment banking and wealth management. UBS told investors in August that the third quarter would be difficult if credit markets continued to struggle. The bank will report the fixed-income loss on Monday, ahead of its third-quarter results which are due October 30, according to the Journal. The Wall Street Journal reported UBS was projecting a third-quarter loss of 600 million to 700 million Swiss francs based on a writedown of 3 billion to 4 billion Swiss francs. UBS, which ousted its chief executive, Peter Wuffli, in the wake of losses at an in-house hedge fund in July, is set to replace its investment banking head, Huw Jenkins, the reports said, fuelling speculation that UBS might be altering its strategic course away from investment banking.Ĭiting people familiar with the matter, the FT said UBS was expected to say it has written down its fixed-income portfolio by more than 3 billion Swiss francs ($2.6 billion), triggering a third-quarter loss of at least 600 million Swiss francs. A passerby walks in front of the UBS at the Bahnhofstrasse in Zurich, in this file photo from November 1, 2005. FreeFileSync fully supports long file paths with more than 260 characters, copies NTFS extended attributes, security permissions and alternate data streams. It can copy locked files using the Volume Shadow Copy Service, compare file content in binary mode, handle symbolic links and run real two-way synchronizations including detecting conflicts and propagating deletions. FAT).įreeFileSync includes features that are normally found only in the premium versions of commercial applications. This even works in mirror synchronization scenarios where the target file system does not support file IDs (e.g. This avoids time consuming file copy and delete operations and instead completes the task with a single hard drive access. Batch jobs can be started with a simple mouse double-click or triggered automatically by a task scheduler.įreeFileSync detects moved files and reproduces the move on the target drive. Users can set up mirror, two-way, or custom synchronization rules, and then create batch jobs that run the sync without requiring manual interaction. This further enhances FreeFileSync's capabilities to not only work with local drives and network shares but also synchronize mobile and cloud storage.įreeFileSync eliminates the tedious and error-prone task of manually identifying files that have changed on the source folder and copying them to the target folder, no matter what protocol is used to access files. The new version supports synchronization via FTP (File Transfer Protocol) and the encrypted variant FTPS (SSL/TLS). A huge thanks to everyone who is contributing to make this possible!Ĭross-Platform File and Folder Synchronization Software adds Support for FTP and FTPSįreeFileSync ( ) has released version 9.1 of its free open source file synchronization utility for Windows, Linux, and macOS. Beginning with version 10, the project is fully relying on donations from users to finance its ongoing expenses in software development and support. Binary-comparison also processes all files in parallel.īefore version 10, FreeFileSync had shown a single advertisement during installation to help fund the project. Folder comparison will issue multiple requests at a time even when traversing only a single folder, by dynamically managing the workload while recursively reading the folder tree. The new parallel file operations architecture is not limited to the synchronization step, but used throughout the application. The idle time after issuing each file I/O request while waiting for the network response is not the limiting factor anymore: The number of parallel operations can be set as high as needed until the bandwidth is saturated and the network card is operating at full speed. This new design offers huge performance improvements for all scenarios that are dominated by latency, like synchronization against network shares or cloud devices including SFTP and FTP(S). During synchronization FreeFileSync will then spawn several tasks accordingly instead of processing only one file after another. It is now possible to specify the number of parallel file operations for each device inside the settings. FreeFileSync version 10 has added support for copying
Although it had surrendered sovereignty over the continental mainland to the Marleyans, the Tybur family remained the real seat of power behind the Marleyan state, but the house chose to withdraw from active politics, being content to observe events and allowing the Marleyans complete freedom of governance. Karl Fritz wanted to ensure his vow would be followed by the future generation, so he made it so that his descendants-the only people who can use the Founding Titan's absolute power-will also inherit his ideology alongside his memories. To enforce this, he used the powers of the Founding Titan to wipe the memories of the outside world from most of the Eldians on Paradis Island. Instead, its purpose was to allow him to spend the remainder of his reign in peace. The ultimatum was never meant to be enforced. Īt that time, the king also took a vow renouncing war, forbidding the Eldian people from hurting the world again, as well as renouncing the right to defend themselves if Marley or other external powers grew strong enough to invade Paradis Island. To that end, both the Tybur family and the King himself fabricated Helos to facilitate the myth that it was the Marleyan people themselves who won the war. Believing that the sins of the Eldians were too heavy to justify his rule, he joined forces with the Tybur family and manipulated the other families against each other to destroy his own empire and reinstitute Marley. However, the truth of the matter is that Eldia's defeat during the Great Titan War was actually orchestrated by Karl Fritz himself, who took pity on the oppressed people of Marley. Karl Fritz and the Tyburs worked together, depicted in Willy's play In order to force peace between Eldia and Marley, King Fritz gave the ultimatum that any further act of war against Eldia would be met with the releasing of the countless Titans within the Walls. In the year 743, King Fritz moved as many Eldians as he could to Paradis Island, and used the Founding Titan to guide a massive number of Colossus Titans in the raising of three concentric Walls around Eldia's remaining territory. Over an unspecified amount of time, Marley gradually gained control of the continental mainland that once was ruled by Eldia until only Paradis Island remained as King Karl Fritz's undisputed territory. The Marleyans and Tyburs defeated Karl Fritz, depicted in Willy's play The first of these Titans was the War Hammer Titan, held by the Tybur family, who had turned against their king and sided with the Marleyan uprising. According to Marleyan legend, a legendary Marleyan hero named Helos turned the tides of war to his people's favor by manipulating the Eldians against each other, which allowed Marley to claim victory in the war and even succeed in obtaining seven of the Nine Titans that were in Eldia's possession. This eventually led to the Great Titan War. Grisha Yeager claimed these are all lies however, he was in denial of Eldia's brutal history of war and slavery.Įventually the Eldian Empire began to run out of enemies and the nine aristocratic families who possessed the power of the Titans grew resentful of each other, creating a state of constant bloodshed. The Titans would continue their advance and went on to commit "The Devastation of Monte" and "The Ravaging of Valle" which resulted in the deaths of hundreds of thousands of Marleyans. Ībout 1,200 years ago, the large Marleyan city of Lago was destroyed by Titans of the Eldian Empire over the course of a single day. This is considered to be the start of the Dark Ages. Using the Titans, the Eldians waged war against Marley and many other nations, utterly destroying them and obtaining complete rule over the continental mainland. After Ymir's death, her power was split and passed down to her descendants in the form of the Nine Titans, who subsequently built the Eldian Empire. One of the Marleyans attempted to assassinate Fritz several years after their defeat, but Ymir intervened and was killed instead. King Fritz used her abilities to defeat Marley and force their surrender. Marley was a powerful nation in ancient times however, around 2,000 years ago, a slave of the Eldians named Ymir gained the power of the Titans. What was meant to connect us to one another instead connected us to forces that we could have never imagined. As Dex and Mattie drive to a safe zone, the film concludes with a voice-over from Mattie saying "We can never go back. Over the car radio, Mattie and Dex hear a report from the Army announcing the location of several "safe zones" where there are no Internet connections, cell phones, or televisions. Moments later, however, the system reboots and the spirits return leaving Mattie and Dex with no option but to flee the city by car. Zeigler also tells them that these spirits "take away your will to live" and where to find the main server infected with the virus.ĭex and Mattie find the server and upload Josh's fix, causing the system to crash and the spirits to vanish. Zeigler tells them of a project he worked on where he found "frequencies no one knew existed." Opening these frequencies somehow allowed the spirits to travel to the world of the living. They believe the red tape keeps the spirits out. Josh's counter-program is found on a memory stick taped inside the PC case with red tape.ĭex and Mattie visit Zeigler and find his room entirely plastered in red tape. Josh believed he had coded a counter to the virus and wanted to meet Ziegler at the library. This virus had unlocked a portal that connected the realm of the living to the realm of the dead. Josh had hacked Ziegler's computer system and then distributed a virus. Later, Dex visits Mattie and shows her video messages Josh was sending to Ziegler. Inside are rolls of red tape and a message telling her that the tape keeps "them" out, although he does not know why. Mattie receives a package that Josh mailed two days prior to his death. Mattie learns that Josh's computer has been sold to Dex McCarthy (Ian Somerhalder), who finds a number of strange videos on the computer. Mattie and her friends begin to receive online messages from Josh asking for help but assume that Josh's computer is still on and that a virus is creating the messages. But when she rushes to tell him, she finds he has committed suicide by hanging himself with an Ethernet cable. While waiting she finds Josh's pet cat, locked in a closet and dying from severe malnutrition. Josh tells Mattie to wait in the kitchen while he walks off. Some days later, Josh's girlfriend, Mattie Webber (Kristen Bell), visits his apartment, seeing evidence that it has not been well kept. When Josh Ockmann ( Jonathan Tucker) enters a dark university library intending to meet his friend Douglas Zeigler ( Kel O'Neill), he is attacked by a humanoid spirit that sucks the life force out of him. |