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Friday, 21 October 2011

Comments

This is really hilarious. Yes, what ever you do, don't call me a "Tom Noddy"! Oh yeah, another thing, never call a woman a parallelogram unless you really mean it and are willing to suffer the resulting fury and indignation. I think these insults need to be brought back into common use.

Here are some Canon articles about the new exposure system:
http://www.learn.usa.canon.com/resources/articles/2011/1dx_rgb_meter_article.shtml?categoryId=12

[Face detection in a non-live view DSLR!]

And the multiple exposure capability:
http://www.learn.usa.canon.com/resources/articles/2011/1dx_multiple_exposures_article.shtml?categoryId=12

[It can't help but think that Photoshop is still the better tool for this!]

And I wonder if this conifer thing is pretty common in the UK. This seems to be where Monty Python got the bit where they show the slide of a tree and intone "Number 1, the larch".

Hi Mike,
The "Warrior" ref intrigued me.
I found this photo from the 1870s; http://www.history.navy.mil/photos/images/h52000/h52524.jpg
Good quality but his sensor needs cleaning....;-)

and it is still afloat;
http://www.hmswarrior.org/
not bad for the first British Ironclad.

best wishes phil

This sequence makes some sense to me:

Woodford takes over as CEO, and as part of a general survey of the company and its finances, finds that something weird happened in this strange consultant arrangement -- something that might be characterized as illegal. He then has a choice: keep his mouth shut and do a tap dance, and hope that nobody notices; or call the cops.

He might well have thought about keeping his mouth shut, but if the disappearance of the money was odd enough, then it might be subject to discovery by auditors, or leaks by lower-level personnel. If he engaged in a cover-up after being notified of what happened, he might then possibly be looking at jail time. One auditing company had already expressed some unease about the situation -- perhaps it simply couldn't be contained.

He then covers himself (either out of simple self-protection, or because his personal ethics demand that he do so, or both) by writing his memo and going to police. He's apparently delivered some documentation to the cops, content unknown to us, which suggests to me that the situation may be extremely serious.

Apparently stockholders think so.

Your accountant friend may be right, in that this was simply an attempt by the company to temporarily move some money out of sight, and then repatriate it somehow without having to pay taxes.

But given Woodford's moves (and he is unlikely to be a particularly stupid man, given his career) it seems to me that something more sinister may be, as Sherlock Holmes would say, afoot.

Cheap shot: and now, the larch. :)

A Ricoh company? So apparently no real changes in the status? At least not for photographers?

I can has "conifer fanboi", pweez?

Edie
Conifotographer Extraordinare.
("Ancients on the Edge of Forever, the Beauty of the Bristlecones" will be completed in 2012)

Hoya?

It is possible that "Tom Noddy" refers to the principle character of the farce "Tom Noddy's Secret" by J Robinson, published in 1840. He is bumbling, indecisive and chronically forgetful, although well intentioned. See http://openlibrary.org/books/OL23415396M/Tom_Noddy%27s_secret .

Woodford could have kept quiet, but he's smart enough to know that that never works, and that he would eventually have had to face the accusation that he either didn't know, in which case he's stupid or incompetent, or he did know, in which case he's a crook.

The recent stories of Enron, Global Crossing, and many, many others, are instructive.

Andrew,
Sure, WE know that, but Jones didn't have Google in 1864. [g]

Mike

Since Olympus isn't a US company Sarbanes-Oxley would not apply but I would pay good money to watch someone try to paddle that t**d past our auditors.

If it is really a criminal case, what is the point he went to the board to ask for resignation. That step is a bit of mystery. Seems no choice but straight to police?

The wording of said newspaper journal doth not confuse me any more than the general parallels brought forth by those who seem to understand
the subject at hand.

May I suggestion those who wish to go out on a limb regarding conifers perhaps could review in their mind's eye the subject being needled by the fir (sic) of said vertical structure.
Surely the root of this problem kind sir
is not the conifer but perhaps not seeing the forest for the trees.

The Olympus scandal has the scent of either a Yakuza payoff or Olympus falling victim to a Yakuza scam. The Japanese press really has not picked up on the story, but the foreign press is all over it. I would be surprised if it dies out quickly.

Rather amusing change of opinions in that Journal, oh I wish that forum postings now would retain the same level of literary prowess so that flamewar exchanges would be more interesting.

I have to point out, though, that his name seems to be "Baynham Jones" instead of "Raynham".

Unfortunately, the Olympus scandal will probably disappear from the foreign press soon. And unfortunately, that likely means the Japanese press happily will let it slip under the radar if Japanese authorities take no action.

Olympus was recently slapped down by the Tokyo High Court for harassing another whistleblower,http://bit.ly/qH3yUC and apparently has learned nothing. Why should they? There was no penalty.

Some reports have mentioned the possibility of "anti-social" elements being involved. This likely means the yakuza which has become very sophisticated in financial crimes. The yakuza aren't the honorable robin-hood types of movies and myths, but thugs, killers, drug-pushers, child pornographers, and more who will do anything to make money. If nothing else, this possibility to be thoroughly investigated.

It is amazing, that chairman Kikukawa, in the standard pattern of corporations here to deny, lie, then attack, initially made untrue statements about the amount of money involved, and claimed it was all just an error by himself. Even if his statement were true, it meant an incompetent fired the CEO, and took over the leadership. Olympus at best, is being led by a self-confessed incompetent.

Yes, something strongly smells here, but I fear it will never come out. Glad I held no Olympus stock.

Let's see if Olympus has the guts to sue as it has threatened.

Baynham Jones's letter reads as disingenuousness brought to a high art - something I am sad to see, all too often, dismissed as insincerity or sarcasm. He clearly had known exactly what he was being called, just as the quaint "parallelogram" insult would have been understood as intended - anatomically.

Unless we are satisfied with entirely reasonable and polite humour - mere whimsy - wit needs to have a point... which means, to be pointed... which means, for someone to get punctured.

Andrew, I believe you're right about the Tom Noddy reference. Of course, when you say the name today, everyone thinks of "the bubble guy" who does all kindd of tricks with soap bubbles. But in the US Civil War era, that phrase was very much in the lexicon.

when you say the name today, everyone thinks of "the bubble guy"

Actually, some of us think of Tolkien's Hobbit, where "tomnoddy" was one of the insults Bilbo shouted to the spiders in the forest.

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