They didn’t want more work from us, they didn’t want less holidays, they didn’t want fewer vacations, anything we could have offered besides just our money, they were uninterested. And I feel like they were insensitive to a lot of people who have already sacrificed quite a bit for them.
Reporter Scott Allen • A member of the Boston Newspaper Guild who voted no on a 8% pay cut, and since the measure failed, guaranteed himself a 23% pay cut. He claims that The New York Times Co. stacked the cards against employees who hadn’t gotten a raise in four years due to wage freezes. Of course, in the wake of all of this, the paper could close. Scary. • source
As you might have heard, Polaroids are going the way of the dodo, which is depressing because they are genuinely awesome the same way vinyl records are. The NYT’s Lens blog recently gathered some awesome, super-high-quality shots from readers.source
Lens is awesome, guys! The New York Times needs to do more awesome things like this (which organizes all their multimedia in one convenient bloglike site) and fewer lame things like this. Trust us. We know what we’re talking about.source
The effect of this capital assessment will be to help replace uncertainty with transparency. It will provide greater clarity about the resources major banks have to absorb future losses.
Treasury Secretary Timothy Geithner • Making an argument in the New York Times as to why the banking industry stress tests were necessary, even though they made Bank of America look like the worst company on the planet to hold your money. Jeez, if only he did this a few months ago when everyone hated him for sucking at his job. • source
The key factor separating geniuses from the merely accomplished is not a divine spark. It’s not I.Q., a generally bad predictor of success, even in realms like chess. Instead, it’s deliberate practice.
New York Times columnist David Brooks • On the spark that leads to genius – great amounts of work. He points, specifically, to Mozart and Tiger Woods, two who became leaders in their field because they put the work in to become leaders. • source