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Felix Salmon smackdown watch, cov-lite edition
Stephen Foley was clearly thinking along the same lines that I was on Friday: shortly after my piece on cov-lite loans came out, he published his own, coming to much the same conclusion. (But expressing it better: I love "the bearable liteness of covenants".)
Not everybody was convinced, however. David Merkel has the meatiest pushback, starting with this:
Ask a loan holder, "All other things equal, would you rather have a cov-lite loan or a normal one?" The answer will always be "Normal, of course. Why are you asking such a dumb question?"
Loan holders would prefer more defaults with lesser severity than fewer with higher severity. What is flexibility to the borrower is a higher degree of expected credit costs to the lenders.
I think both Foley and I would disagree here. All other things equal — including one's position in the credit cycle — I for one would rather have a cov-lite loan than a normal one. For one thing, as Moody's discovered, cov-lite loans do not default with higher severity than normal loans; in fact, their recovery rate, even for loans originated in the frothy years of 2005-7, was a whopping 90%. Intuitively, one might expect cov-lite loans to have "a higher degree of expected credit costs to the lenders". But empirically, that just doesn't seem to be the case.
More conceptually, if I'm lending to a company, I want it to concentrate on survival, when it gets into trouble, rather than being thrown to financial wolves whose interests are not even aligned with each other, let alone those of the company. Here's Foley:
Potential covenant breaches excite lenders more for the opportunity they present to take some fees and reprice their loans at a higher interest rate.
And even this is not a straightforward matter. Since leveraged loans are parcelled out and traded on the open market, companies may have to satisfy many, often competing, interests – from fund managers concerned mainly with interest income, to vulture funds who may be playing in a company's debt in the hopes of pressuring management into merger and acquisition activity. The process is about as far away from a friendly chat with your sympathetic bank manager as it is possible to get.
Such negotiations come at a time when a company's energies might be better focused on steering the business through a tough patch.
In other words, I can see the attraction of covenants both to banks and to hedge funds who might be looking for the perfect leverage point from which to take over control of a company. But as a passive investor, I'm happier in cov-lite, especially if I have any exposure to the company's equity.
Merkel then makes a second point, which is slightly stronger. Look at the credit cycle, he says: first debt is an attractive buy, and then yields fall, and then covenants weaken, and then defaults rise and the market crashes, at which point debt is an attractive buy again. If that's the cycle, then a rise in cov-lite issuance is a clear sign that the debt markets are toppish.
I'm not sure I buy this either. For one thing, actual default rates turned out to be much lower, in the wake of the credit crunch, than the level of defaults that everybody was pricing in and expecting after Lehman Brothers collapsed. And the reason is simple: monetary policy, which loosened up considerably and unleashed a wave of liquidity into the debt markets, allowing troubled companies to refinance. Right now, monetary policy is still loose, and companies have never been more profitable. The combination makes it unlikely that we'll see a spike in default rates any time soon.
And then there's the case I was trying to make in my post — that investors have finally realized that cov-lite loans are just as good, if not better than, their covenanted siblings. As a result, the spike in cov-lite issuance isn't a function of investors giving up protections they'd really rather retain; instead, it's a function of investors happily giving up protections which in practice only serve to make the borrower's life more difficult and expensive.
Merkel's credit cycle makes sense, but it's not inviolably true. And yes, we're certainly in the bull-market phase of the credit cycle right now; whenever that happens, a bear-market phase is bound to arise sooner rather than later. Cov-lite loans will get hit in that bear market, along with all other credit instruments. But there's no particular reason to believe they'll be hit harder than loans with covenants. In fact, I suspect that, once again, they'll end up outperforming.
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
The key phrase here is "all other things being equal". Right at the bottom of your first piece was the word "subordination". As you explained, cov-lite loans tend not to cause as many problems as you might imagine, because they benefit from having junior layers of capital beneath them. Which is another way of saying that they have lower leverage (or senior leverage, if you will, or a lower loan-to-value ratio).
Cov-lite lenders are happy to let a borrower blow through whatever warning signs a covenant might provide because they're comfortable that, at the bottom of whatever deep dark pit a borrower finds itself, there's some value that they can recover.
The sections of the Moody's study you quote don't afford us a like-for-like comparison. Less highly leveraged loans will, naturally, achieve better recovery rates than highly leveraged loans (unless the recoveries cited include those junior layers of capital). So what happens when you control for leverage, expressed as debt to Ebitda, debt to EV, whatever metric you care mention?
Of course, there's plenty of recent history in the ABS market of senior lenders losing their shirts despite having plenty of layers of junior capital below them…
"For one thing, as Moody's discovered, cov-lite loans do not default with higher severity than normal loans."
Again, this is not evidence for or against pursuing one or the other. This is a fact about the *kind* of loans that end up in each bucket, and the standards it took to get them there. Cov-lite loans possibly *needed* higher underwriting standards because of the lack of covenant and consequently have a lower default rate.
This is not clean data coming from a careful experiment that you can use to argue your point. The empirics do not indicate what you think they indicate.
I was doing research on this in the 1990s and the subject was a well-worn path even then. Covenants don't work. They don't protect lenders – the only one that works even a little bit is the negative pledge, and there are lots of situations (mainly leveraged buyouts) where it's obviously inappropriate to include a negative pledge. Felix is right here – what we're seeing is not some kind of collapse in lending standards (if this was happening we would be seeing a lot of different pieces of evidence, not just this one point). We're just seeing the gradual dawn of lenders actually thinking about what covenants a loan agreement really needs rather than using boilerplate.
@absinthe, I think you're confusing default rate and recovery rate here. Everybody agrees that cov-lite loans have lower default rates, that may or may not be a function of them being more assiduously underwritten. But are you also saying that higher underwriting standards lead to a higher recovery rate? As high as 90%?
I hate to show up in a second post with essentially the same point, but as someone who actually has traded leveraged loans (and make no mistake: the cov-lite loans being discussed in this context are to "high yield" borrowers)… the empirical evidence says lower defaults and lower recoveries. You can misread 90% to compare it against unsecured bond recoveries, but it doesn't change the fact that an earlier default — all else equal — will mean a higher recovery for the levered lender. There is no magic outperformance to be had simply by dropping covenants from a credit agreement.
Also: let's be clear about something when we're talking about "lenders"… what we mean in this world is CLOs and levered loan funds — they do not care about the returns to the equity and yes, they are interested in collecting a fee to give a waiver for a busted covenant but — except in the most distressed situations, where you get real "distressed" players like Avenue, Oaktree, and Apollo involved — have no desire to use covenants to take control of a company.
As for calling the credit cycle, I definitely see Merkel's point, though I would prefer to look to the issuance of dividend deals, PIK loans, and holdco loans as real signs that we're getting toward a top.
Hello Felix… as a Brit you may be interested to know that I have published a book on Amazon called the "Patriarch" about the first Merchant Banking House in India, emerging from the aftermath following that one decisive battle on the afternoon of the 23rd of September, 1803 which changed the face of India forever… excerpts are posted on the website http://www.houseofshah.com and on twitter @pravbank
@FelixSalmon I have no idea. My point is just that the data's not clean enough to say empirics are on your side. The most they're good for is confirmation bias really. If you think there's a clean analytical/causal explanation it should stand on its own.
I should also point out that underwriting standards are likely not the only confounding variable. Maybe if you could find them all there's some statistical analysis that could prove your point; maybe there isn't.
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Itineraries at Savute Under Canvas
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Feb 182014
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ShareMona'z Fall Winter Fashion Dresses 2014-2015 Ready To Wear Collection Mona'z is a new orthodox and quickly emerging talented trend firewood in Pakistan, which started excavation in the forge business of Pakistan in 2o1o. This style brand has started working in the practice field for men and women and showcased different frail and decorous collection of the dresses. This forge ... Read More »
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Morris Birkbeck - Albion, IL
in Civil Rights Memorials
Marker to English poet, entrepreneur, and attempt to bring British life to America and his strong stand against slavery
posted by: YoSam.
location: Illinois
date approved: 4/16/2014
last visited: never
Pomník boje sociální demokracie za práva delníku - Brno, Czech Republic
Pomník boje sociální demokracie za práva delníku ve Vrchlického sadu
posted by: puczmeloun
location: Jihomoravsky kraj, Czech Republic
date approved: 4/11/2014
last visited: 4/11/2014
Veznenym Polakum - Brno, Czech Republic
Pametní deska polských vlastencu, veznených na Špilberku v letech 1839–1848 a 1939–1940
last visited: 9/17/2014
Veznenym Madarum - Brno, Czech Republic
Pametni deska venovana veznenym Madarum
Sebastian-Lotzer-Denkmal - Horb, Germany, BW
At the 'Wintergasse' in Horb, Germany, Baden-Württemberg is a memorial for Sebastian Lotzer located. He was the author of the so-called 'Zwölf Artikel' (Twelve Articles) in 1525, which have been the first written down human rights in Europe.
posted by: Tante.Hossi
location: Baden-Württemberg, Germany
date approved: 4/4/2014
Pametní deska 80. výrocí zrušení roboty - Brno, Czech Republic
CS: pametní deska pripomínající 80. výrocí zrušení roboty a 10. výrocí vzniku Ceskoslovenské republiky // EN: The commemorative plaque the 80th anniversary of the abolition of serfdom and 10 anniversary of the Czechoslovak Republic
posted by: ALMOR team
date approved: 3/20/2014
last visited: 7/6/2014
Hardenburger Waldfest - Bad Dürkheim/Germany
A memorial site for the Hardenburger Waldfest.
Gedenkstelle für das Hardenburger Waldfest.
posted by: KaPsTeam
location: Rheinland-Pfalz, Germany
date approved: 3/4/2014
last visited: 9/3/2014
Eastern Cemetery - Portland, ME
The burial site of many abolitionists.
location: Maine
last visited: 3/15/2014
Mariner's Church - Portland, ME
"Mariner's Church is a historic church building at 368-374 Fore Street in Portland, Maine. The Greek Revival building was constructed in 1828 and was used for "moral and religious" instruction of local mariners." - Wikipedia
last visited: 3/14/2014
First Parish Church, Unitarian Universalist - Portland, ME
The constitution of the State of Maine was drafted here.
date approved: 3/1/2014
last visited: 3/19/2014
Place Raoul Wallenberg - Montréal, Québec, Canada
Place Raoul Wallenberg is located in Montréal, Québec, Canada.
posted by: tatie
location: Quebec, Canada
date approved: 2/17/2014
last visited: 10/12/2014
Mormontown Site - Pike County, IL
Mormons looking for a place to practice their religion, and this one did not work out.
date approved: 2/16/2014
Site of New Philadelphia - Pike County, IL
"New Philadelphia was the first town established by a free African American, and it likely served as a place for the "Underground Railroad" of enslaved fleeing northward from the oppression of of southern plantations." - Historical Landscapes
Památník sjednocovacího sjezdu sociální demokracie - Brno, Czech Republic
Památník sjednocovacího sjezdu sociální demokracie
date approved: 2/11/2014
Fuller Home - Noted Abolitionist - Skaneateles, NY
James Cannings Fuller, used this home on Genesee St. and a station on the underground Railroad to move slaves to freedom in Canada.
location: New York
date approved: 1/28/2014
Dr. Martin Luther King Jr. Bust - Chicago, IL
This sculptural bust of Dr. King is located in front of new recreational facility recently named by the Chicago Park District in his honor.
posted by: adgorn
date approved: 1/4/2014
The Hector Pieterson Memorial, Soweto, South Africa
Hector Pieterson was killed at the age of 13 when the police opened fire on protesting students on 16 June 1976 in Soweto South Africa.
posted by: denben
location: Gauteng, South Africa
date approved: 11/23/2013
last visited: 12/28/2012
Apartheid Museum - Johannesburg, South Africa
The Apartheid Museum, the first of its kind, illustrates the rise and fall of apartheid. It is a superb example of design, space and landscape offering the international community a unique South African experience.
date approved: 11/22/2013
The Peace Laureates - Nobel Square - Cape Town, South Africa
Nobel Square is dedicated to South Africa's four Nobel Peace Prize laureates: Albert Luthuli, Desmond Tutu, Frederik Willem de Klerk and Nelson Mandela. These great men all played their part in helping South Africa to democracy after decades of apartheid.
location: Western Cape, South Africa
last visited: 1/1/2013
The Peace and Democracy sculpture - Nobel Square - Cape Town, South Africa
Peace and Democracy is a bronze sculpture acknowledging the contribution of women and children to the attainment of peace and democracy in South Africa.
last visited: 2/19/2014
Bust of Nelson Mandela - Cape Town, South Africa
The bust of the South African anti-apartheid revolutionary and politician Nelson Mandela is located at the Kirstenbosch Botanical Gardens in Cape Town, South Africa.
last visited: 2/23/2014
Martin Luther King, Jr. Bust - Manhattan, KS
This bust commemorates Dr. Martin Luther King speaking at Kansas State University's regular convocation series on January 19, 1968.
posted by: dkestrel
location: Kansas
date approved: 11/20/2013
last visited: 11/20/2013
Reformers Tree Mosaic - London, UK
A mosaic at the site of Reform League meetings in 1866-1867 in Hyde Park.
posted by: haggaeus
location: London, United Kingdom
date approved: 11/18/2013
last visited: 11/19/2013
Robert Smalls - Tabernacle Baptist Church - Beaufort, SC
African-American during slave era who went from slave to US Congressman. Robert Smalls, an ex-slave who became the most famous black man in South Carolina for 5 decades.
location: South Carolina
date approved: 10/21/2013
last visited: 6/9/2008
Apartheid Monument, Simon's Town, South Africa
This simple monument is boldly placed adjacent the main thoroughfare thru Simon's Town, along with an anchor that is on display.
posted by: Queens Blessing
date approved: 10/13/2013
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Good morning, Nets fans and friends alike. Here's the latest on all things Brooklyn Nets from around the internets.... MORE →
Morning Shootaround
Good Monday morning. Here's the latest from the weekend of Brooklyn Nets news and notes around the web:... MORE →
Nets preseason, New York's Marquee team, Robert Parish's advice to Paul Pierce, and more: Morning Shootaround
Looking at Brooklyn Nets news and notes from around the web:
- The Nets officially released their preseason schedule a couple of weeks ago, but I hadn't seen it until this morning. One team they'll play twice is none other than the Boston Celtics: once home, once away. My guess? Don't expect Pierce or Kevin Garnett to make the trek up to Boston for a preseason game. That's a moment they'll save for the regular season.
- If there's anyone who knows what Paul Pierce feels like right now, it's former Celtics great Robert Parish, who spent a full 14 seasons with the Boston club before ending his career with Charlotte and Chicago for three seasons. What Parish thinks? It's going to be "awkward."
- J.R. Smith: The Knicks are still the marquee team in New York.
- NBA Deputy Commissioner/soon-to-be Commissioner Adam Silver seems upset that the NBA has a system that allows Mikhail Prokhorov to pay $87 million more than he has to. Uh-huh.
- Remember when Mikhail Prokhorov said he didn't own a cell phone? Now Prokhorov's company Onexim is in talks to buy a majority share of Russian mobile phone retailer Svyaznoy. Brooklyn really does change people.
- It's been less than a month and Celtics fans are already wondering if they should #TradeMarShon.
Some pointed to the lack of production and inability to space the floor from forwards Gerald Wallace and Reggie Evans. At SBNation, Mike Prada delves into these spacing issues with a thorough piece on how much the Bulls have been sagging off of Evans and Wallace in order to double, sometimes triple team the likes of Joe Johnson, Deron Williams and Brook Lopez. In conclusion, Prada says:
But something has to change if the Nets are to come back in this series. Carlesimo may be reluctant to give up size on the defensive end, but his offense is in such bad shape that the tradeoff is necessary. If I were Carlesimo, I wouldn't play Evans and Wallace together for another minute this series.
PJ doesn't necessarily need to change his starting lineup, but he also doesn't need to play Wallace & Evans together for the entire quarter.
— John Schuhmann (@johnschuhmann) April 26, 2013
This has not been a good half for PJ Carlesimo.
— Stefan Bondy (@NYDNInterNets) April 26, 2013
Evans & Wallace have played 25 minutes together. Unbelievable.
— John Schuhmann (@johnschuhmann) April 26, 2013
P.J. is saving Brooks for his successor....
— Peter Vecsey (@PeterVecsey1) April 26, 2013
Everything that scared me about the Bulls is coming true…led by them having a big coaching edge
— Evan Roberts (@JoeandEvan) April 26, 2013
You get the point. Schumann also offered a stat that will assuredly leave most Nets fans shaking their heads: in the last two games, Brooklyn is a -26 in 42 minutes with both Wallace and Evans on the court together and a +15 in the other 54 minutes with them off.
So how does P.J. Carlesimo respond? He had this to say:
"Thoughts about it (changing the starting lineup)? Yeah.... But we're not going to change the starting lineup. If we're struggling offensively then we need to address that. If changing the lineup or changing who we put on the floor helps us to score points then we're going to have to do that.... It's a tough balance because some of the problems we have is not because those guys (Gerald Wallace and Reggie Evans) are not scoring. If we do some of the things that we normally do – if we make some threes, if we finish in the paint, then we're okay and we can take advantage of other guys skill sets.
Not long after, Gerald Wallace sounded off about his role (or lack thereof) on this Nets team:
"I don't know. I couldn't tell you my role now," Wallace said Friday at the team's hotel in Chicago. "I don't have a clue what my role is on this team."
How did Carlesimo respond to that?
"I think we're going through a tough time right now and that's what playoffs are all about," Carlesimo said. "We're all frustrated. And we have to -– I have to -– do a better job of constantly defining roles and redefining roles so we perform the way we're capable of performing."
Wallace isn't alone in expressing disappointment with his role. Rookie point guard Tyshawn Taylor says he's been upset that he hasn't gotten a chance to perform this season on a consistent basis and that there's a chance he may need to go to a different team in order to play. We would tell you to check out the full interview somewhere, but unfortunately it appears as though the video has been taken down for reasons unknown. Luckily though, Netsdaily has transcribed much of the content here.
On top of all of this, Nets swingman MarShon Brooks sounded off on his role as well:
"It seems like I'm the last resort, honestly.... If things aren't going well for the team, throw MarShon out there. That's been the rhythm all year. I kind of know when my name is going to be called, in a sense."
New York University Professor Jonathan Zimmerman argues that college sports hurts higher education because schools overspend on athletes and lower admissions standards:
Colleges in the Football Bowl Subdivision – the most competitive of the Division I programs – spent an average of nearly $92,000 per athlete in 2010, according to a January study by the American Institutes for Research. For the student population at large, the average per capita spending was less than $14,000.
He says evidence now shows this rarely leads to higher sustained alumni giving and that few schools make back the investment through TV deals:
True, some programs bring in rich revenues via TV contracts, ticket sales, and concessions. But fewer than one-quarter of FBS programs generate more money than they spend. The others rely on institutional subsidies and student fees to keep their sports teams going.
What's more, Zimmerman argues, schools lower admissions standards. In fact, the impact on admissions is far greater for athletes than through affirmative action for minorities.
While affirmative action for minorities continues to cause controversy across our higher education system (they have an 18 to 24 percent advantage in admissions), almost nobody objects to the much greater affirmative action that we grant to athletes.
One other issue Zimmerman doesn't mention. With colleges taking more and more foreign students, colleges have ever fewer slots for non-Athlete Americans. Read the whole piece here
P.J. needs to right the ship, the value of corner 3's, and tonight's opponent: Sunday Morning Shootaround
Brook Lopez's Super Bowl Pick? Van Gundy Wants P.J.? Will Avery Johnson coach again? Evening Shootaround
Some Nets news and notes from around the web:
- Found yourself nodding your head during Nets games at Barclays Center? Meet the man responsible.
- Brook Lopez knows what's it like to see a brother across the field of battle, so he feels no pity for the Harbaugh brothers in tomorrow's Super Bowl. But, who does he want to win? Look no further than the Cardinal roots.
- P.J. Carlesimo continues to get ringing endorsements for his future as the Nets head coach, even from his competitors.
- Always classy Avery Johnson expects to be coaching again soon.
- The Barclays Center hosted its one-millionth guest on Friday.
- Howard Beck of the NY Times asks a great question about this Nets squad - Who is their soul?
Brook Lopez the biggest All-Star Snub ever? Brook Lopez the child actor? Prokhorov's Politics? Shootaround
Beyonce's Brooklyn Super Bowl rehearsal gear, terrible ideas for renaming the Brooklyn Nets, & more: Shootaround
Some Nets news & notes from around the web:... MORE →


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Take Back The Land Rochester Moves A Homeless Family Into A Vacant Bank Owned Home
By Diane Sweet December 26, 2011 10:00 am -
Since September of 2008, Take Back the Land Rochester has been defending homes against foreclosure and liberating empty bank owned homes by moving homeless families into them. Recently, they moved another family into a home, taking them off
We welcome relevant, respectful comments. Please refer to our Terms of Service for information on our posting policy.
Raid And Arrests At Occupy San Diego
Occupy Wall Street 2012: No More 'Mr. Nice Guy'


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Attention Zinfandel fanatics, here's a wine region you need to be paying attention to. In a recent interview, WineChap.com editor, Talia Baiocchi, named Croatia as a wine-producing region to look out for in the next few years. "There's a lot of potential for Croatian white wines, they have a really interesting expression of Zinfandel." Indeed, in addition to having a fascinating terroir with a variety of microclimates, the region has primarily distinguished itself thanks to its range unique indigenous grape varietals.
Click here for the full story.


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Gardening experts tell you when and where to plant flower bulbs.
A link to %this page% was e-mailed
HGTV Magazine offers tips for planting tulip bulbs in the fall for a show of blooms in the spring.
A dozen flowering bulbs that are well suited for naturalizing
Find expert tips on growing and caring for many types of bulbs at HGTV Gardens.
Here are two easy ways to have flowers blooming indoors by forcing bulbs.
In this program, Paul James covers the world of plant bulbs.
If you miss the optimum planting time for spring-flowering bulbs, go ahead and plant them anyway.
Indoor gardening and the art of forcing winter blooms from spring bulbs.
Gardening tips for forcing summer bulbs and rhizomes over the winter.
Experts show how easy it is to force summer bulbs.
Can bulbs survive the winter (and chinooks) in a pot?
Spend less, grow more and share the spring joy.
Tips and inspiration on creating a great lighting plan for your kitchen.
Here are things to know about illuminating your kitchen.
Browse new outdoor spaces from top designers.
Browse top-rated yards from people like you.


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So on Bartolo Colon, after serving a 50-game suspension last year, the Oakland A's presented Colon with a one-year, $3M deal. Seeing as Colon was 39 at the time of the deal, seems like it was an okay one. Can't see any team giving him a multi-year deal, but maybe more on the money front. Still, Colon did all right.
But Colon is having an even better season this year than last, and that may lead some agreeing with Olney's tweet in principle, and that appears to be Olney's intent. He was selected for the AL All-Star team and owns a record of 14-3 with an ERA of 2.54 (3rd in AL) and WHIP of 1.094 (8th in AL).
Things could change for Colon. The New York Post's Joel Sherman and Ken Davidoff report that this week MLB could hand down the other suspensions as a result of its investigation into Biogenesis. Of course, their angle applies more to the dealings with the New York Yankees' Alex Rodriguez, but Colon is one player also mentioned within the notes of the now-shuttered clinic's operator, Anthony Bosch.
This could have a major effect Colon and the Oakland A's. Heading into today's action, the A's were 5 games up in the AL West. I don't think I need to elaborate too much other than this. If Colon were to receive 50 games, he could still be eligible for the postseason if the A's advance. Sherman and Davidoff state that MLB wants to make these suspensions prior to any team having less than 50 games remaining.
What remains to be seen and heard is the length of the suspensions MLB could levy. Could each player accept a deal as was reported the route Ryan Braun took? For Colon, that would serve him and the A's within their best interests provided there is evidence against him. Might not be a deal as a few days ago, Tim Kawakami of the San Jose Mercury News says Colon won't take a deal. With today's revelation by the NY Post about suspensions coming this week, that could change.
Other players mentioned in Bosch's notes that have also already served a 50-game suspension are Toronto's Melky Cabrera and San Diego's Yasmani Grandal.


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This blog is dedicated to the beautiful singing New York'er Elizabeth Grant. Otherwise known as the stunning Lana Del Rey. She names herself a 'gangsta Nancy Sinatra' and has an amazing voice and unique style.
TROPICO came out today. It was so worth the wait.
See Lana's twitter for the link to watch it!
kchristinaa said: Could you check out my drawing of Lana Del Rey on my tumblr please? If you like it please reblog it and spread it around :)
Would you like to send a direct link to me? I'll happily reblog it but I can't find it!-


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Contents Back Next
By Mitchell Wilburn
Mitchell Wilburn is a food and drink writer living in Las Vegas. You can view his restaurant, beer, spirits, and event articles at mitchellwilburn.com, or follow him on Facebook at http://www.facebook.com/
Chef Aaron Sanchez is not lacking for applause. With a resume touting the successful Centrico in New York, co-starring in Food Network's Chopped, and a rare tied Iron Chef America match against the iconic Masaharu Morimoto, it's no surprise why. Now the chef's food has a home here in Vegas, as well as one dozen other locations throughout the US, by way of the House of Blues restaurant. This change of cuisine comes with a change of name; now all House of Blues restaurants are renamed "Crossroads at House of Blues." Named so because the House of Blues is a crossroad for art, spirit, and of course music, the renowned chef has made his indelible mark on the iconic institution.
While the previous iteration of the menu did not have a set theme, it did lean a bit towards southern and Cajun influences. The menu is now described by the chef himself as, "American classics, through my eyes. Sort of re-imagined, redefined." The redefinition in question draws heavily from roots in rustic and flavorful authentic Mexican cuisine of his childhood. He does go on to say that he wants the menu to be "a representation of all the things that I like to eat." Of course a little joking, but I'm sure this is one great chef with whom I wouldn't mind sharing some favorites.
The best of the old class, such as the Voodoo Shrimp and Jambalaya, will remain on the menu. The new items however posed a challenge: how to appeal to the palate of such a diverse clientele all over the country? With the things Aaron Sanchez is bringing to the table, anyone can see a real accessible but exiting menu. A new item Chef Aaron has introduced is hand-stretched grilled flat breads topped with sun dried tomatoes and crispy prosciutto. He also brought in short rib meatball sliders, the "Juicy Lucy"-a burger stuffed with cheese, bacon, and pickled jalapeno, and a crispy, juicy, and very flavorful fried shrimp po' boy. However, just giving out names belay the big flavor and complex vibe the chef has given to each dish. Some, like the seared ahi tuna salad with its subtle tangy dressing and fried tortilla strips, are subtly colored by his influences. Others, like the spicy and bright red achiote marinated roast chicken, will transport you right to the Caribbean waters of the Yucatan peninsula.
Chef's new cookbook, Simple Food, Big Flavor, keeps this trend going. The spice blends, quick recipes and wholesome meals described are easily seen as relatives to the new menu items. In fact, some of the salsas and spice pastes used as a base in many of these recipes can be seen at Crossroads. Besides that achiote marinated roast chicken, the green chile dip for the quesadilla, and the salsa that comes alongside the street tacos are all likely accomplices in the cookbook recipes. Chef Aaron's style is unique not only in the way that he plays with expectations about Latin cuisine, but also how he can build such a big menu that anyone can love. As the man himself puts it, "Families, businessmen on lunch, young kids catching a show...you really want something that can appeal and be accessible to a large audience. I think our menu really does that."
Chef Aaron Sanchez has set up a great menu for Crossroads. It's fun, interesting, down to earth and downright tasty. But, ever the perfectionist, the chef has a few more tricks up his sleeve. Right now he'll be going out and looking for which dishes work in which locations, and what could be added to the repertoire to better embody each location's community. What could Las Vegas be seeing to represent our culinary scene? Only time, and Chef Aaron Sanchez, will tell.
July 2012 Issue
| Hot Off the Grill! | LuckyRice | HR Insights | Nicole Faith Kohri | What's Brewing?| Food for Thought |
Chocolate & Spice | Brett's Vegas View | Carnevale! | Chandra's Latenight Picks| Industry Nights | RhoMania |
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ACF Chefs Las Vegas Chef of the Year Gala | Clyde Burney | Gospel Brunch at House of Blues |
World Tea Expo | Island Sushi & Hawaiian Grill | Chef Aaron Sanchez | Conserve Water | Wine Talk |
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A health facility that embraces Planetree concepts and enhances urban revitalization opened in Camden, NJ on December 11 according to architect John Capelli, AIA, principal at Philadelphia-based EwingCole.
"When Cooper University Hospital embarked on its first major building project in 29 years, few could have imagined its transformational effect," says Capelli, "Called the 'Pavilion', the facility is the centerpiece of Cooper's Urban Initiative."Towering bamboo, natural materials, natural and indirect lighting create a new first impression for visitors to the hospital. For patients, Cooper believes, the design innovations will also aid in recovery. The Pavilion will expand the Cooper University Hospital campus with 90 new private beds, an expanded emergency room, 12 new operating rooms, new Intensive Care Unit, clinical labs, and visitor amenities as well as room for future expansion. The total area of new construction is 297,650 square feet and the total area of renovated space is 79,350 square feet.According to Capelli, the new Pavilion will serve the interests of patients, staff and community. "Our goals in design were three-fold: urban integration, patient/staff health and safety, and market recognition."The contemporary design of the 10-story Pavilion positions Cooper University Hospital as a welcoming gateway to the City. Using glass with metal panel accents to convey openness, the design of the Pavilion carries over onto the facades of the adjacent Keleman and Dorrance Buildings. As part of Cooper's commitment to Camden, neighbors will enjoy a new green public space adjacent to the Pavilion. With the removal of the Reibel Garage, the corner of MLK Blvd and Haddon Avenue will be home to a pocket park that will offer a quiet and natural setting for patients, family, staff, and neighbors. Additionally, the project will create a rejuvenated green ring around the institution with new lawns, plantings and street furniture."The Pavilion represents today's most forward thinking concepts in healthcare design," says Andrew Jarvis, AIA, EwingCole's healthcare practice leader. "We used a Planetree or 'patient-centered' care model, built around what is best for the patient and staff. The building supports all components of Planetree but in particular creates a welcoming and accessible series of spaces that engage the senses and break down barriers." EwingCole regularly utilizes Evidence-Based design in support of making welcome spaces friendly and warm - a critical element in a healing environment.Blending contemporary design with function, the architects intend for the Pavilion's atrium to become the town square of the Cooper campus, bringing together visitors and staff by linking all of the University buildings in an active, central location while creating a sense of orientation critical to the patient's family."EwingCole worked closely with Cooper's leadership to design a hospitality-like healing environment," says Saul Jabbawy, design principal. When first arriving at the Pavilion, one enters the two-story, healing garden of the main lobby. The atrium is saturated with natural materials, textures and sounds. Providing relief from the city with peace and calmness, the atrium features a public café, gathering space for community events, and retail store for patients and visitors as well as an extensive display portraying Cooper's role in Healthcare and Camden's past, present and future. A Reference Center provides healthcare information, and a nondenominational Meditation Room with counseling services is available."The sense of walking through a healing garden follows the patient through his or her entire experience," explained Jabbawy, "Continuing to the elevator lobby areas, patient waiting areas, nursing stations, bed floor corridors and patient bed floors. This continuity provides a cohesive image for the institution and a sense of peace and regularity for the patient."The patient room was developed with Cooper through full scale mockup studies and computer visualization tests. According to Capelli, "the new patient rooms are private which, experience has shown, is a benefit to the patient and families."Features within patient rooms that support a healing environment include access to daylight and window views of the Delaware River, use of natural materials, family areas for overnight stays, and healthcare-specific carpeting and sound absorption materials within the corridor to reduce noise. Medical needs such as hand washing sinks, receptacles and medical headwalls have been custom-designed to avoid the feel of a typical hospital."What was particularly exciting about the project was how everyone at Cooper, from the medical staff and administration to the Board pushed for this innovative environment," said Jabbawy.
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text: As you may already know, the Seattle Seahawks and Denver Broncos are set to face each other in Super Bowl XLVIII (48) after winning their conference championships. It will be a match-up of the number one ranked offense in the Denver Broncos going toe-to-toe against the number one ranked defense in the Seattle Seahawks. Down below is a poll I constructed for you the fan to vote on which team you think will win the game. Feel free to leave a comment below as well and voice your opinion about the game. Also, feel free to ask any questions regarding specific match-ups and I will post my final score prediction the week of the Super Bowl.


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Need Help? Call our Gear Heads at 800-449-9128Private Reserve Guitars 866-926-1923
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Our product catalog varies by country due to manufacturer restrictions. If you change the Ship-To country, some or all of the items in your cart may not ship to the new destination.


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Search pictures and profiles of Senior Singles near you right now. Discover how online dating sites make finding singles in the United States, Canada, and all over the world simple, safe and fun! Once you browse profiles and pictures start flirting, messaging and connecting with other members of the SeniorPeopleMeet.com community. Search today and find other sexy, intelligent singles for casual dating or a serious relationship in your area.Search Single Senior Men | Search Single Senior Women
A little about me...
I'm recently widowed after 52 years. I have 5 grandchildren and a beautiful great granddaughter. My children are important to me but I live my own life. I would enjoy a friend and maybe more with the right person I was recently scammed by someone sending out 50 flirts 23 to one man. To anyone I inconvenienced by this I apologize but had no part in it. They say I need cookies to contact them. Don't know what that means
About the one I'm looking for...
The man I would like to get to know must be able to show affection and know how to make a woman feel she is important to him. A little handyman ability would be nice. I'm not looking for security. Have an income that pays the bills. I'm not interested in a controlling personality and would not have a problem with my mate having his own interest. I've been reading profile after profile of men wanting fit woman. Well take your athletic selves down the road. This gal is not what you want.
I'd just like to add...
My hope is find a good friend and companion and if the chemistries right more to eat out with and have quiet evenings at home I am baptist Hope to find someone with Christian values. My husband was the only man Ever in my life but if there is to be #2 i would want some of the same characteristics in my marriage coupled with affection. I'm pretty low maintenance. Just need a little caring in my life.
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Unlike any of the other FIAU studies reviewed in this report, the volunteers remained at the laboratory for the duration of the study. The laboratory is adjacent to the Wishard Memorial Hospital of the Indiana University Medical Center, where acute medical care is provided to any Lilly subjects who require it. The protocol was reviewed and approved by the Indiana University Medical Center IRB. According to Lilly, this inpatient arrangement not only facilitates control of diet and close monitoring of protocol compliance but also ensures complete data collection and follow-up on frequently unemployed and transient subjects.
Risks to subjects were described in the informed consent document (Appendix D) as including stomach pain, diarrhea, nausea, vomiting, headache, and muscle aches or fatigue. There was no mention of peripheral neuropathy, nor was there any description of symptoms like numbness or tingling in the arms and legs that might imply peripheral neuropathy. The form did note that changes in laboratory test values that measure liver, kidney, and muscle functions, and anemia (low blood count) had also occurred in prior studies. Decreases in sperm production and heart muscle damage "in animals given 3,500 to 14,000 times the dose planned for this study" were also reported, and subjects were warned that FIAU or the procedures used in the study might have other unknown effects. An extensive battery of hematology, blood and urine chemistry, and microscopic clinical laboratory tests was conducted 24 hours after the administration of each dose, but no explicit provision for grading toxicity or discontinuing subjects in the study was included in the protocol.
Pharmacokinetic measurements performed on blood and urine samples after the RIA were validated in June revealed more rapid absorption of FIAU in syrup than in tablet form, with food generally decreasing the rate of absorption, rapid distribution with all forms, and a very prolonged elimination phase with a terminal half-life of 28-30 hours (10 times the half-life previously estimated with the less sensitive HPLC method).
The adverse events that were noted included diarrhea, headache, transient myalgia, and in two cases, elevations in transaminase levels. Although both subjects with these elevations were asymptomatic, dosing was discontinued for one (subject 1203) after his serum ALT level rose to 92 units/liter (from 19 units/liter) and his AST level rose to 56 units/liter (from 17 units/liter) after dose 2. This subject was encouraged to stay at the laboratory despite being dropped from his dosage group, while the investigators worked him up for hepatitis and other possible causes of his ALT and AST elevations, which continued to rise to peaks of 137 and 60 units/liter, respectively, 1 week after receiving his last dose of FIAU. Lilly was later criticized for not promptly reporting this "hospitalization" to the FDA within the 10-day limit for serious adverse events. Lilly's records indicate that he was neither admitted (since he was already staying at the laboratory) nor given any acute medical treatment (since he remained asymptomatic). His transaminase levels returned to the baseline 5 weeks after receiving his second and last dose of FIAU.
The second subject (subject 508), who was also asymptomatic, also showed three- to five-fold increases in ALT and AST levels after receiving dose 2, but the levels of both enzymes decreased on each of the following 3 days and the subject was continued in the study. AST and ALT levels gradually returned to the baseline levels, despite the administration of three additional 5-mg doses of FIAU.


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the pair
(Source: dramatisecho)
(Source: benedictcumberbatchsgirlfriend)
(Source: theconsultingvillain)
(Source: benedictdaily)
Some fandoms are waiting for season 10, others for episode 10.
(Source: benedics)
The Blind Banker
The Houds of Baskerville
(Source: silviaerre)
(Source: herrholmes)
#this looks like a musical #Sherlock is singing about all the wonderful things that would be in the world if he had Jim #he will woo him with song #and they'll sing a duet #and then they will kiss #on the edge of the building at sunset
and then jim's solo
(Source: johnlocklives)
Sherlock, John, Moriarty, Irene and Molly.
Edit: Now with Lestrade and Mycroft
A Study in Sherlock's facial expressions (The Empty Hearse)
He's brilliant. He really is. So subtle which is why he comes across so natural. Some actors over-exaggerate slight facial movements. Ben is the master of subtlety. Very intenalised. You can see Sherlock's brain working
(Source: holmesillusion)
"boffin" sherlock holmes and "bachelor" john watson
(Source: wickedwatson)
Sherlock Holmes


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We may offer an unpaid, part time internship to begin around late September, 2014. If you would like to be considered please send a resume or information about you to email@example.com.
If you've spent some time on our site you'll understand that Vintage is quite different from most financial firms. One difference is that we don't hire salespeople advisors by the dozen in hopes that some will survive. Our clients truly come first and, as a result, we have some good organic growth from client referrals. If you are interested in a working in a team environment where you can focus on your client's results instead of production quotas we'd be happy to consider how you might enhance our team.Contact Us


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A Generation of Articulate Christians: An Interview with Ligonier Academy
- Monday, December 27, 2010
Ccom: What are mentoring relationships like at the Academy? MM: We have aimed for a very low student to faculty ratio. While eventually reaching a student body of a couple hundred, the opening window for the inaugural semester, for example, is 20-50 students. This will allow for a personal, close-knit environment in which to study and learn, where the professors and students get to know each other very well, meet together regularly for prayer, and have an opportunity to worship together as well.
Ccom: What are the deadlines for application that a prospective student needs to know? MM: The early application deadline, almost upon us, is January 1, 2011. The regular application deadline is February 15, 2011 and the late application deadline is April 1st.
Ccom: Thank you again, Michael, for taking time to share about Ligonier Academy. MM: Thanks for this time with you. We are prayerfully looking forward to being a part of the LORD's hand in the lives of many of His young people, equipping them to exalt Christ and glorify His good Name.
To learn more about Ligonier Academy, visit their website: http://StudyAtLigonier.org
Michael Morales serves as the Dean of Admissions and Assistant Professor of Old Testament and Great Works at Ligonier Academy. He is a Teaching Elder in the PCA, and, before coming to Ligonier, taught for three years at an evangelical seminary. He has an M.A. in Religion (with concentration in Doctrine); an M.Div. with awards in Old Testament, New Testament, Systematic Theology, Church History, Christianity & Culture, and Pastoral Promise; is currently pursuing the completion of his Ph.D. in the Pentateuch under renowned Old Testament scholar Gordon J. Wenham at Trinity College, U.K.
Michael is a member of the Evangelical Theological Society, the Society of Biblical Literature, and the Dante Society of America. He and his wife Elise have four sons, Armando, Augustine (Diego), Alejandro, and Andres. Having served as a senior pastor for four years, Michael joins a pastoral heart to his commitment for high academic standards in his role at Ligonier Academy.
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Queen of the Water-Thieves - Recap
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As the
continues across the waves, Cook watches as Rina and Nala struggle with one of the sails. When he offers advice, Nala points out that he's not the captain. When Cook notices that Anwar is watching, he tells the doctor to go to work as well, telling them to cooperate. Sinbad finally takes pity on them and helps them get the sail up. When they improperly tie it off, Cook storms up, yanks the knot loose, and warns them that their life could depend on tying the sail off. Gunnar comes over and lifts the spar for them, and Cook tells them to start again.
The ship soon arrives at a horseshoe-shaped bay and Anwar goes over the sea charts and tries to find their position. Cook serves a meal and Nala says that they must find a decent-sized port so that they can go their own ways. Sinbad questions whether she should be giving them orders, while Rina points out that they have nothing in common. Anwar and Sinbad are eager to explore the freedom they now have, but Gunnar agrees with Nala and Rina. Cook tells them that they have to go ashore for fresh water and supplies, and Anwar determines that they're at the island of Sind. The population was laid to waste and the island is now only populated by wolves. Nervous at the prospect of going on land because of the curse, Sinbad fingers his necklace.
On the cliffs overlooking the bay, a gray-faced child sees the ship and then runs off into a cave.
At Basra, Akbari and Taryn meet with the Emir, who is contemplating an architectural model of the modern city that he plans to leave as his legacy. Akbari reminds his brother that Sinbad has escaped and the Emir tells him to unleash the palace guards and find someone who knows where Sinbad has fled. Taryn advises the use of magic but the Emir refuses and orders his guard to remove her. She snarls at the guard and leaves on her own. Once they're alone, the Emir warns Akbari that the dark arts eat at a man's soul. He assures his brother that all that can humanly be done will be done to find Sinbad.
Akbari goes after Taryn and asks her to use the dark arts to find Sinbad. She agrees but admits that the Emir was right and that they can be dangerous. The noble refuses to hear anything that will interfere with his plans and tells Taryn to do whatever is needed. However, once Akbari leaves, Taryn smiles in satisfaction.
That night, everyone aboard
sleeps. Sinbad wakes up when someone boards the ship. Belowdecks, Nala wakes up and draws her dagger when she sees a feral boy eating her food. When she realizes that he's terrified, Nala lowers her knife but the boy draws his own knife, smiling, and threatens to cut her throat if she moves. Meanwhile, Sinbad investigates the sound that he heard and sees the girl that was observing the ship earlier. Before Sinbad can grab her, another native clubs him unconscious.
The next morning, Sinbad wakes up and finds that the savage children have captured the entire crew except for Cook. He's herded over with his comrades and Nala notices that one of the children has her father's knife. She insists that they need to get it back, but they're interrupted when two older children with faces painted like skulls come aboard. The newcomers supervise the transport of the crew and their cargo to the island, leaving two savages behind. Cook lures them below and they find him chopping food.
crew is taken to a city of pyramids decorated with skeletons. Sinbad hesitates to touch land and Rina asks what the matter is, but he claims there is no problem. The savages take them into the town square and reach out to touch them. The five crewmembers are finally ushers into a ring of stones and the savages form a circle around them. A sudden shrieking noise fills the air and the natives bow down. A young woman, Razia, steps out and orders Sinbad and Gunnar forward. After a moment Razia tells them to bring Gunnar to her and cage the others. Sinbad trips Gunnar and then calls up to Razia, asking who she is. She gives her name and tells him that she is the Queen of the Water-Thieves. Sinbad loudly declares who he is and assures Razia that she'll never forget him. She decides to take Sinbad and orders the others to be fed bread. Razia then praises her people for bringing fresh supplies, telling them that they will feast on meat that night, and drops bread to them down a wooden chute.
Onboard the ship, Cook feeds the two savages from his emergency supplies.
Sinbad is taken to a huge stone chamber with a pallet bed. He pockets a large carving fork and then spots an archway leading out. However, when he goes up he narrowly avoids falling off the edge of a drop leading hundreds of feet into the ocean. Sinbad goes back and finds a chain that he hopes he can use to lower himself. However, when he pulls on it he discovers that it's attached to a large birdlike creature. Sinbad jumps down and the chains draw the roc up short. Razia enters, starts to undress, and assures Sinbad that the chains on her pet are unbreakable. The queen explains that it once flew over the city but now the city is dust and the roc is hers. Razia wonders why he wanted her to choose him, and Sinbad admits that she's attractive. She figures that he thought he could overpower her and escape, and dares Sinbad to attack her. Razia reveals a knife hidden in her staff of office and swings at him repeatedly. Sinbad just manages to avoid her long enough to grab the staff and hold it away.
The rest of the crew is placed in metal cages. Anwar insists that Sinbad has a plan but Rina figures that Sinbad plans to save his own skin. As she works on the lock, Gunnar points out that Razia promised her people fresh meat... and they are the newcomers. Anwar insists that Sinbad will rescue them.
As Razia sharpens her blade, she asks Sinbad why he came. He says that there was a spark and insists that she felt it as well. When he wonders why she chose him, Razia explains that she must remain untouchable to the men of her tribe and refuse to show weakness. When Sinbad says that he understands because he is also a leader, Razia chuckles and points out that he left his friends. Sinbad says that they're merely his crew and misfortune brought them together, and the queen dismisses him as a mere thief rather than a leader.
At the cells, one of the savages lunges at Rina, driving her back from the lock. He then tells Gunnar that he will fight that night against Anwar. The northerner refuses and the savage threatens to kill him, and Rina offers to fight Anwar instead, saying that they'll find something else for Gunnar. After a moment, the savage says he'll find something fairer for Rina and leaves. Once they're alone, Rina angrily asks Gunnar why he won't fight but he refuses to answer.
Sinbad enters Razia's bed and starts to undress, careful to hide the serving fork he stole earlier. She accuses him of being afraid of her, saying that he cares more for his own life then his friends. Sinbad holds the knife to her throat but she reveals that she has Nala's dagger and is holding it to his chest. He tosses the fork away and Razia admits that she's playing with him. She thrusts the dagger into the bedpost and advances seductively on Sinbad. Razia notices the pendant and he explains about the curse. Considering, Razia points out that Sinbad and the roc have something in common: they are both in chains and belonging to her. The painted henna on her face disappears, revealing her full beauty, and Razia explains that her face is what she once was, and now she has become her mask of leadership. They kiss and then Razia rolls Sinbad over onto his back.
In Basra, Tazeem finds Sinbad's mother Zahira, still comatose. Safia grabs him and holds a throat to his neck until she realizes who he is. He warns her that the guards are on their way and Zahira and Safia are not safe. Tazeem arranges a caravan to take Zahira to safety, but Safia says that she must remain for a while longer.
, the savages doze off because of the drugged food that Cook gave them.
Sinbad wakes up later as Razia dresses and restores her henna mask. He invites her back to bed but she tells him to take his hands off of her and says she has mouths to feed. Meanwhile, the savages remove Gunnar from his cage and take him out. Nala, Anwar, and Rina try to find a way out with no success.
As he waits alone in Razia's quarters, Sinbad gets an idea and takes some water to the roc. As it drinks, one of the savages, Khalid, enters and explains that the mounted skulls are Razia's former lovers. He shows Sinbad the pole that his skull will be mounted on. Sinbad, unconcerned, asks if he's jealous, and Khalid explains that he's Razia's son. She shows him no favor and puts nothing before the needs of her people. He gestures to one of the skulls and says that his father learned that lesson the hard way, and informs Sinbad that Razia will cut his throat after the feast. As Khalid leaves, Sinbad asks if the other tribespeople know that he's Razia's son, and he sees no reason why they should because Razia loves them all as one.
That night, the tribespeople gather in the square and bow as Razia enters. She reminds them of how she found them and bound them together and they cheer her. The savages dress Gunnar as a serving woman and Khalid tells him that he could have died as a man if he had fought.
Sinbad puts his plan into motion and tries to offer meat to the roc, but it snaps at him and drives him back.
Rina, Nala, and Anwar are brought to the town square and Khalid ushers Anwar and Rina into the circle. He tells them that they will fight to the death with no weapons, and the winner will get to live a little longer.
Sinbad tosses meat to the roc but it refuses to move. He finally snaps at it, insisting that it help him, and tells it that the curse will kill him come sunrise without his freedom. After a moment, the roc retreats into its stall and gestures for Sinbad to pass. Sinbad runs past it to the ledge and the drop to the ocean. He then starts climbing upward.
Rina punches Anwar, who refuses to fight back because his opponent is a woman. He runs away from her as best he can but she finally catches and chokes him, while Razia and captive Nala look on. Sinbad arrives and, after looking at
moored in the bay below, goes to help his friends. As Anwar tries to tell Rina that Sinbad is there, the thief drops fresh fruit down the wooden chute and the Water-Thieves run to gather it. Gunnar and Rina fight back while Sinbad runs down and fights Khalid. Nala kicks her guard unconscious when he goes after Rina, while Anwar manages to stop Gunnar from killing his opponent.
Sinbad manages to disarm Khalid and holds a sword to his throat. He tells Razia that they only want to go in peace, but she believes Sinbad is too weak to kill his hostage. At that, Sinbad announces that Khalid is her son. Razia tells her people that it doesn't matter because she cares for them all equally. One of them, Malik, demands that she prove it by putting their needs before her son's by killing Khalid. The queen steps forward and prepares to stab him, crying. After a moment, she turns away and the paint on her face disappears. Malik grabs a spear and kills Khalid. As Razia screams in anguish, Sinbad grabs the keys to the roc's chains and runs off while his crew head for the ship. Razia runs to her son's corpse while Malik yells that he is the tribe's leader and leads them after the escaped prisoners.
Sinbad doubles back to the town square and realizes that his necklace is closing around his neck as the sun starts to come up. He runs to Razia's quarters, while behind him Razia gets up, her face painted once more, and strides away. Sinbad grabs Nala's dagger and then unlocks the roc's chains. When it hesitates, Sinbad forces it down the tunnel to the ledge. It falls off, plummets briefly, and then soars into the sky as Sinbad laughs in triumph.
Gunnar and the others take a canoe and row out to
while Malik and his men give chase. Meanwhile, Sinbad turns back only to discover that Razia has come for him. She attacks and Sinbad retreats toward the ledge. As she fights, Razia insists that she gave the Water-Thieves order and they'll tear themselves apart without her leadership. Before she can kill him, Sinbad's necklace tightens and he collapses, choking. Gasping, he tells Razia that she is the one who needs the Water-Thieves and tells her that they will love her without her mask. Razia announces that she is the Queen of the Water-Thieves and kicks Sinbad over the edge... and the roc catches him and carries him away. Malik comes in behind Razia and says that he is there to kill her. She turns and dares him to try.
Cook helps the others board and they raise the sails. There is no wind and Cook tells them that
won't sail without Sinbad. The roc flies down and drops Sinbad into the nearby water. As he climbs aboard, the roc attacks the pursuers, knocking them into the water. It then flaps air into the sails, driving it out of the bay. When Gunnar asks what happened to the guards on the shop, Cook just laughs. Nala asks Sinbad where they are going next and he returns her father's dagger to her, saying that they will go to freedom.
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Warning: Sinbad season 1 episode 2 guide may contain spoilers
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HeliHub.com3 Jan, 12
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Sky Shuttle was formed in 1998 as East Asia Airlines, rebranding in 2008 with the first AW139 arriving late that year. In July 2010 one of the AW139 fleet suffered a tail rotor issue which led to a controlled ditching of the aircraft in Hong Kong harbour, with the 2 crew and 10 passengers all safely rescued.
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In civilized life, where the happiness and indeed almost the existence of man, depends on the opinion of his fellow men. He is constantly acting a studied part.
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text: 1 of 8My Go-To Grocery List You can use your keyboard to see the next slide ( ← previous, → next) How the Tony Award-winning star stays healthy from the inside out. Promo Subtitle What the spunky star of GCB eats every day to stay fit and fab! Image kristin-chenoweth-rotator.jpg Interviews By Kristen Aldridge Topics: day in my diet kristin chenoweth celebrity diets By Kristen Aldridge FeaturedTopic: day in my diet Related articles A Day in My Diet: Endurance Athlete Zoë Romano Top 10 Best-Dressed Fit Celebs at the 2013 Golden Globes 3 Fit Stars Top Highest-Paid Actress List 3 Fit Stars Top Highest-Paid Actress List


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Posts by Patrick Moody
16 posts • joined 9 Nov 2011
That option definitely exists, because I'm using it now on my Virgin Media TiVo. Can't remember where it was exactly but I'm sure you'll find it if you search through the settings a little more thoroughly.
'No, I CAN'T write code myself,' admits woman in charge of teaching our kids to code
Re: Schol Reform
He also said:
"change it from 9-3:15 (or whatever it is right now) to 8 - 5."
I'd estimate that you get 5 hours lessons from a 9-3:15 day and at least 7 hours from an 8-5 day, which would more than make up for the difference. I think the anonymous coward actually made some pretty good suggestions.
Possibly EXPLODING or GLORIOUS Comet ISON: The (GIF) MOVIE
As any fule kno
The g in gif is pronounced the same as the g in graphics, since that is what it stands for (graphics interchange format)
What's the first Kinetic Ethernet hard drive? Psst, it's the 4TB Terascale
Re: Not really impressed
Apparently they wouldn't be the first:
Asus NV550JV 15.6in full HD notebook - the one we didn't have to send back
Re: Also Mandatory
Wasn't that in the article? I'm pretty sure the answer was essentially "almost".
Galaxy S4 phondleslab selling like lukewarm cakes, analysts reckon
I said all the same things about my Galaxy S2 when I got it less than 2 years ago. A couple of Android upgrades later and I find myself starting to wonder if I should look for something faster when my contract expires.
On the other hand, the main problem for me is I like the size of my S2 but don't like the 1-day-only battery life, and all the new flagship phones are much bigger and with equally poor endurance. Nobody seems to have really addressed that yet either. I think I might just stick with it on a cheaper rolling monthly contract until someone does.
Bitcoin now accepted in London pub. In Hack-ney, of course
Re: Cyber tax
Perhaps the pub loans the customer the price of a pint in pounds, interest free for a few milliseconds. The customer immediately uses that money to buy the pint and so the pub pays it's VAT bill and whatever taxes based on this transaction as normal. The pub then pays the same money back to the customer for a currency exchange, which the customer uses to settle his debt. The customer then transfers the appropriate amount of BitCoin to the pub to complete the currency exchange transaction.
Watching Olympics at work? How to avoid a £1k telly-tax fine
Re: Or...
I should have said, none of that is gospel. It's just my understanding of the situation.
Re: Or...
There will be heavy fines for motorcyclists, cyclists, pedestrians, horses, cats, dogs, mice, rats, flies or anything else spotted on the stolen tarmac (Olympic Lanes). You'll need to be extra careful you don't have a wheel stray over the line while you're filtering along past all the other motorists stuck in the inevitable gridlock. The rules on bus lanes are a different issue. Even there it's inconsistent. Motorbikes are allowed on red route bus lanes (managed by TFL) but it's up to the local borough councils whether or not you're allowed in on the bus lanes in their patches.
Assuming you manage to get where you're going without being fined into bankruptcy, do you think you'll still be able to find somewhere to park?
As a fellow biker, this stuff irritates me too.
Forget internet fridges and Big Data. Where's my internet fish tank?
Re: "Two words: Power consumption."
Device selection is probably lacking because practically no-one is buying them. As a result there's little motivation for companies to produce more devices. If you talk to an average non-IT person, the kind of person who you would need to be prepared to spend money on these things in order for them to become popular, chances are they'll think of home-automation as something difficult and nerdy and not something they'll want to try for themselves.
Home computer networking by comparison is relatively easy. If they don't know how to do it themselves, they definitely know someone who does.
When you start telling them about the 3 standards that they have to choose between for the new network they will have in their house they'll almost certainly switch off from your conversation and start looking for someone else to talk to.
My point still remains that until it both is and is seen to be trivially easy to set up and maintain these things it'll never become mainstream and as long as it's not mainstream, the market won't be big enough to encourage device makers to improve their selection.
Re: "Two words: Power consumption."
...and yet neither of these replies to my comment address my main point: People simply don't want to be bothered with setting up an entire new network if they don't already have it.
Very few people already have it (the exceptions to my previous sentence). The barrier to entry is still way too high for this sort of thing to become popular and I'd argue it will continue to be too high until it is practically zero. One simple way to make it practically zero would be to use the already existing wireless infrastructure in most people's homes, WiFi, instead of expecting them to install and maintain another one.
I'm no Apple fan but I bet if Apple did it it would be dead simple. Apple don't do it. It isn't.
I look forward to being proved wrong on this. I think it's a shame that home automation hasn't taken off yet.
I don't understand why you wouldn't want these things just to use your WiFi network directly. By designing it with WiFi instead of Zigbee, the customer need only buy the shiny new fish-tank filter and absolutely nothing else. That is, of course, making the assumption that anyone whoi would be interested in the device likely already has WiFi in their home. Well enough designed, it should be absolutely trivial to install it and get it talking via email.
Make it with ZigBee but no WiFi and it might use less power (who cares? it's plugged into mains, not battery powered) and your customer must now buy another ZigBee device to act as a controller, then configure that controller device to connect both to the fish-tank filter and your home internet connection and then set up the rules for it to email you at the appropriate time. That's way more faff than most people are prepared to tolerate and an additional expense. Someone who already has a ZigBee network at home (If I had no digits at all I could still use them to count the number of people I know who this applies to) might be pleased to have an opportunity to do this. Normal people won't.
I think this is why home automation won't take off. The barrier to entry needs to be made so low as to be imperceptible first. I don't think we're anywhere near that point now.
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Surely it just means "doing business". If maximising profit isn't the whole point of doing business, what is?
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This is an LCD TV which uses LED for its backlight. When a 55inch proper LED TV is available for £1800, that will be genuinely interesting news.
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Letting Nokia off for Microsoft's imposed limitations
"...Still, Nokia's not to blame here." They absolutely are to blame for any and all shortcomings of the phones they produce. It was Nokia's choice to employ an ex-Microsoftie. It was his (highly predictable) choice to decide to use Microsoft's phone OS for all future Nokia smart-phones. Being subject to Microsoft's demands are a consequence of these choices which they made themselves.
Ofcom boss warns of low interest in 'superfast' broadband
Re-read the post you were replying to and I think you'll realise that he's not moaning that his cheap service isn't as good. He's actually saying he's perfectly happy with it and doesn't see the point in paying any more for a difference in service that he would rarely ever notice. I suspect that is a very common viewpoint, and there's no such thing as a killer app for broadband (over and above the bandwidth needed for iPlayer) that I'm aware of.
If you can't rely on having very high bandwidth all the time (especially during peak-periods which coincide with the time when the majority of people are going to want it) you wont want to rely on any service(killer app?) that depends on it. This is a situation that won't change for a very long time I suspect.
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Who makes the fantastic leap from being sick, or gaining some weight over the winter, to a conclusion of plastic surgery? Our culture, that's who. The insanity has to stop, because as focused on me as it appears to have been, it is about all girls and women. In fact, it's about boys and men, too, who are equally objectified and ridiculed, according to heteronormative definitions of masculinity that deny the full and dynamic range of their personhood. It affects each and every one of us, in multiple and nefarious ways: our self-image, how we show up in our relationships and at work, our sense of our worth, value, and potential as human beings. Join in—and help change—the Conversation.
Ashley Judd (via theamburglar)


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#Graphite #DaftPunk Illustration. #DaVinci inspired.
Killing it.
The Daft Punk performance at the grammys 2014
Everyone for Daft Punk rn!
Saturn's moon Enceladus, also known as "Space Snowball".
The star-crossed lovers of District 12
caps [2/?]
I could watch this all day
If only…
George Clooney, Sandra Bullock and Alfonso Cuaron on-set of Gravity (2013)
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