This issue of Misc9 was published on September 18, 2001
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Under newly-loosened regulations issued by the Securities
and Exchange Commission aimed at helping stabilize the
markets, public companies are now allowed to repurchase
their own securities without meeting the usual strict
volume and timing restrictions.
Intel announced it is going to extend its share buy-back.
It had previously announced a billion-dollar buy-back of
30,000,000 shares. This time Intel is going to boost the
economy with a $10B buy-back.
http://www.wired.com/news/business/0,1367,46907,00.html
The Taliban's supreme ruler, Mullah Mohammed Omar, said he
will let a grand council of Islamic clerics decide whether
or not to hand over Osama bin Laden.
- Wired.com, 09/17/01
Larry Silverstein paid $3.2 billion in 1999 for a 99-year
lease of the 16-acre World Trade Center complex.
It takes 55 minutes to walk down 110 stories.
The steel in the WTC could build 20 Eiffel towers.
416,304 ounces of gold, worth an $110 million and
30,200,000 ounces of silver worth $121 million are
buried in the rubble below 4 World Trade Center.
The New York skyline owes everything to geology. The
financial district and Midtown support towering buildings
because bedrock is no more than 38 to 80 feet below the
surface. In Greenwich Village, it is about 260 feet down.
A good problem statement includes: what is known,
what is unknown and what is sought.
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