From: owner-shindell-list-digest@smoe.org (shindell-list-digest) To: shindell-list-digest@smoe.org Subject: shindell-list-digest V5 #165 Reply-To: shindell-list@smoe.org Sender: owner-shindell-list-digest@smoe.org Errors-To: owner-shindell-list-digest@smoe.org Precedence: bulk shindell-list-digest Sunday, August 3 2003 Volume 05 : Number 165 Today's Subjects: ----------------- [RS] The New Album [RockinRonD@aol.com] [RS] Boston & SF visit [ThisWasPompeii@aol.com] [RS] "I Am" [ptpowerlists@juno.com] [RS] Argentina Didn't Fall on Its Own [ptpowerlists@juno.com] Re: [RS] "I Am" [Rongrittz@aol.com] [RS] HAPPY BIRTHDAY wishes from.... [Openingstar@aol.com] ---------------------------------------------------------------------- Date: Sun, 3 Aug 2003 08:31:34 EDT From: RockinRonD@aol.com Subject: [RS] The New Album Actually, "I Am" was, at one time, available on line as a download so long as you made at least a $5 donation to the 9/11 fund. I downloaded it and have it in my files. This doesn't necessarily mean it won't be included on the new CD, but I agree with Pat and tend to doubt it. I think we all know that Richard probably has at least two or three new unfinished songs reverberating in his head that none of us has yet heard. February 2004 is a long way off and there could be yet another new song any day, especially now that he's touring (he likes to spring these works in progress on audiences). I for one, would love to see Dave Carter's "Farewell To Saint Dolores" on the record, if not for anything else than to see Dave's songs live on in other performers' portfolios. By the by, I'm, not sure I've ever heard "Ocean View." That's a new one on me. RonD ------------------------------ Date: Sun, 3 Aug 2003 08:45:57 EDT From: ThisWasPompeii@aol.com Subject: [RS] Boston & SF visit I'll be in the Boston area Aug. 16-20 (staying in W. Newbury, MA) and Vermont Aug. 21-22. Definitely on my agenda is the Museum of Bad Art in Dedham and a concert on Aug. 20 near Cambridge. Also, I'll be in San Francisco Sept. 16-21. Any Shindell fans that would like to get together for coffee, send me an email. Thanks. http://hometown.aol.com/mensawhitetrash/myhomepage/profile.html Can you believe the Museum of Bad Art turned this down? But I won't hold it against them. Donna ------------------------------ Date: Sun, 3 Aug 2003 13:44:17 GMT From: ptpowerlists@juno.com Subject: [RS] "I Am" RonG wrote: >>I'd tend to agree that "Before You Go" might not make it, since it's already available in a recorded version. And that's the reason that I'd think that "I Am" WILL make it, since it's NOT available elsewhere.<< I was surprised that he sung it at Falcon Ridge, so that might indicate that he's been rehearsing it precisely for the purpose of recording it. That it's 9-11-related was my reason for thinking it wouldn't be recorded again . . . figuring that he'd moved past it. I was fortunate to be backstage when he sang it last weekend and from that "up close and personal" vantage point, the song was powerful and stirring; Richard appeared to be deep into what he was singing. Pat ________________________________________________________________ The best thing to hit the internet in years - Juno SpeedBand! Surf the web up to FIVE TIMES FASTER! Only $14.95/ month - visit www.juno.com to sign up today! ------------------------------ Date: Sun, 3 Aug 2003 13:59:49 GMT From: ptpowerlists@juno.com Subject: [RS] Argentina Didn't Fall on Its Own Considering it's now Richard's home, I thought this might be of interest. The entire story is at the Washington Post website at this (shortened) URL: http://tinyurl.com/iw8x I believe you need to answer a couple brief questions to get to the article. Pat - ---------------- Argentina Didn't Fall on Its Own Wall Street Pushed Debt Till the Last By Paul Blustein Washington Post Staff Writer Sunday, August 3, 2003; Page A01 BUENOS AIRES -- Ah, the memories: Feasting on slabs of tender Argentine steak. Skiing at a resort overlooking a shimmering lake in the Andes. And late-night outings to a "gentlemen's club" in a posh Buenos Aires neighborhood. Such diversions awaited the investment bankers, brokers and money managers who flocked to Argentina in the late 1990s. In those days, Wall Street firms touted Argentina as one of the world's hottest economies as they raked in fat fees for marketing the country's stocks and bonds. Thus were sown the seeds of one of the most spectacular economic collapses in modern history, a debacle in which Wall Street played a major role. The fantasyland that Argentina represented for foreign financiers came to a catastrophic end early last year, when the government defaulted on most of its $141 billion debt and devalued the nation's currency. A wrenching recession left well over a fifth of the labor force jobless and threw millions into poverty. An extensive review of the conduct of financial market players in Argentina reveals Wall Street's complicity in those events. Investment bankers, analysts and bond traders served their own interests when they pumped up euphoria about the country's prospects, with disastrous results. Big securities firms reaped nearly $1 billion in fees from underwriting Argentine government bonds during the decade 1991-2001, and those firms' analysts were generally the ones producing the most bullish and influential reports on the country. Similar conflicts of interest involving analysts' research have come to light in other flameouts of the "bubble" era, such as Enron Corp. and WorldCom Inc. In Argentina's case, though, the injured party was not a group of stockholders or 401(k) owners, it was South America's second-largest country. Other factors besides optimistic analyses impelled foreigners to pour funds into Argentina with such reckless abandon as to make the eventual crash more likely and more devastating. One was Wall Street's system for rating the performance of mutual fund and pension fund managers, who were major buyers of Argentine bonds. Bizarrely, the system rewarded investing in emerging markets with the biggest debts -- and Argentina was often No. 1 on that list during the 1990s. Within the financial fraternity, some acknowledge that this behavior was a major contributor to the downfall of a country that prided itself on following free-market tenets. That is because the optimism emanating from Wall Street, combined with the heavy inflow of money, made the Argentine government comfortable issuing more and more bonds, driving its debt to levels that would ultimately prove ruinous. "The time has come to do our mea culpa," Hans-Joerg Rudloff, chairman of the executive committee at Barclays Capital, said at a conference of bank and brokerage executives in London a few months ago. "Argentina obviously stands as much as Enron" in showing that "things have been done and said by our industry which were realized at the time to be wrong, to be self-serving." Compounding the financial industry's sins, Rudloff said, were its sales of Argentine bonds to individual investors, mostly in Europe, when the pros balked at buying them. Moreover, in mid-2001, as Argentina was hurtling toward default, Wall Street promoted an expensive and ultimately futile "debt swap" that gave Argentina more time to pay its debts but jacked up the interest cost. The fees on that deal alone totaled nearly $100 million. Wall Street firms assert that their enthusiasm for backing Argentina's borrowing was motivated by a sincere, if misplaced, optimism about the country's economic strengths. But critics contend that the same forces that fueled the U.S. tech-stock frenzy were at work in Argentina, in effect causing economic globalization to play a cruel trick on the country. Charles W. Calomiris, a Columbia University economist who was one of the earliest prophets of Argentina's financial doom, wonders why government investigators have not intervened, given the danger that the same fate could befall other countries. "How come we have one standard for private-sector deals, where everybody is getting all upset about conflicts of interest, and nobody in Washington has raised an eyebrow over the obvious conflicts of interest involving research and underwriting activities by U.S. financial firms in the area of emerging-market sovereign debt?" Calomiris said. ________________________________________________________________ The best thing to hit the internet in years - Juno SpeedBand! Surf the web up to FIVE TIMES FASTER! Only $14.95/ month - visit www.juno.com to sign up today! ------------------------------ Date: Sun, 3 Aug 2003 12:03:53 EDT From: Rongrittz@aol.com Subject: Re: [RS] "I Am" << That it's 9-11-related was my reason for thinking it wouldn't be recorded again . . . figuring that he'd moved past it. >> To me, the thing about the song is that its message can transcend 9-11, giving it "legs" beyond the tragic event itself. Certainly more so than the crap that was turned out by the country crowd, like Toby Keith's asinine "Courtesy of the Red, White & Blue" ("we'll put a boot up your ass, it's the American way" . . . yeah, maybe it's the American way if you're a redneck) or Darryl Worley's "Have You Forgotten?" (did this guy ACTUALLY rhyme "forgotten" with "bin Laden?"). But I think that "I Am" will resonate for a good long time. RG ------------------------------ Date: Sun, 3 Aug 2003 12:17:34 EDT From: Openingstar@aol.com Subject: [RS] HAPPY BIRTHDAY wishes from.... Happy Birthday Richard !! I think the next few after 40 are worse than 40........but it's all a number....mostly the # of crunches, situps and miles you can do. My best unsolicited suggestion is to keep moving.........and staying hooked into that Place where you turn out such beautiful images, sounds and stories for us. Hope it's a fun day for you and yours... Loving Best Wishes, Bonnie Margolis (atomic fireballs) & Sammy MOE (bichon RS afficianado) muggy & sunny Stamford, CT ------------------------------ End of shindell-list-digest V5 #165 ***********************************